Payable Salary of Chartered Accountants in India

CA Preeti Punihani (Ex-employee)

9 years ago

After becoming a chartered accountant, they can opt for the best job or opportunity with better salary options. In the market, there are so many options available for fresher and experienced CA, based on their personal capability and strengths. There are also several working areas for CA as financial accounting, tax management, auditing, cost accounting, banking and consultancy. CA can play an important role in the organization as Chartered Accountant, Finance Manager, Assistant Finance Manager, Senior Finance Manager, Financial Analyst etc. For instance, a newcomer CA can earn money of around Rs.4 to 6 lakhs P.A. After that, salary increases with the help of experience gained by the CA. in the respective field.

Highest Salary of Chartered Accountant Till Ever

The Institute of Chartered Accountants of India has made a record of high salary placement. The Institute has placed its three candidates at the highest salary package up to INR 70 lakhs and it is the highest salary offered to a fresher CA till now. Some factors regarding the salaries of Chartered Accountants:

INR 30 lakhs were the maximum salary offered by Tolaram Group Industries for international posting to eight students at Bangaluru and Kolkata Center.
INR 21.50 lakhs were the maximum salary offered by Bharti Airtel to two candidates for domestic posting at New Delhi Center.
An Average salary of a CA is INR 7.20 lakhs annually.

Salary of Fresher Chartered Accountants

The Institute of Chartered Accountants of India The journey of Chartered Accountants started via Companies Act, 1913 and ICAI has born after independence in 1949 and going on, read detailed history. Read More powers a placement event every year for the fresher chartered accountants that are trained in all routes of corporate finance, taxation and accounting all over the country. Earlier, in March 2013 the ICAI placed its candidate at the highest salary package of 16.65 lakhs in the Bharati Airtel. The newly qualified CA can get an average salary package of Rs 5 to 7 lakhs per annual.

Salary of Experienced Chartered Accountants

The very experienced chartered accountant starts his career as a fresher CA. In beginning, everyone faces a lot of trouble in getting a good job. But once, you get the experience of some years. Every firm wants to adopt you for their accounting-related issues and pay a big amount to you. Your salary depends on your experience, if the experience increases then your salary also increases. An experienced CA takes around a salary of 18-24 lakhs per annum.