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Chartered Accountant Jobs Salary in India: The Ultimate Earning Guide

chartered accountant jobs salary in india
The Chartered Accountancy (CA) qualification remains the gold standard in Indian finance. Often deemed the toughest professional course in the country, the reward for this rigorous journey is a career path with phenomenal earning potential.

If you’re wondering, “What is the salary of a Chartered Accountant in India?” the answer is: It starts strong and grows exponentially. Freshers can expect to start at an average of ₹7 LPA and quickly escalate to ₹50 LPA+ for seasoned professionals in leadership roles.

This comprehensive guide breaks down the CA salary in India by experience, role, company, and location to give you the most accurate picture of your potential earnings.

1. The Chartered Accountant Career and Earning Potential

The CA profession is in perpetual high demand across all sectors—from fintech startups to legacy manufacturing and the Big Four accounting firms. This constant, critical need for financial expertise is the primary driver behind the high salary packages.

The Hook: A newly qualified CA can secure a starting package averaging ₹8 L – ₹12.5 L per annum (LPA), with top packages touching ₹36 LPA for domestic roles and even higher for international postings. For seasoned professionals, the overall chartered accountant jobs salary in India consistently crosses the ₹40–50 LPA mark in leadership positions.

2. What is the Average Chartered Accountant Salary in India? (The Core Data)

While the range is wide, let’s pin down the realistic base figures. According to recent industry reports and placement data, the average base salary for a Chartered Accountant in India stands at approximately ₹10 LPA to ₹12 LPA.

Indian CA Salary Snapshot

Experience Level Annual CTC Range (INR) CA Salary Per Month (Approx.)
Fresher (0 years) ₹7,00,000 – ₹12,50,000 ₹58,000 – ₹1,04,000
Mid-Level (5–10 years) ₹14,00,000 – ₹25,00,000 ₹1,17,000 – ₹2,08,000
Senior (15+ years) ₹30,00,000 – ₹70,00,000+ ₹2,50,000 – ₹5,80,000+

Global Perspective: While Indian salaries are highly competitive and rapidly growing, experienced CAs working in places like Dubai, US, or UK can earn significantly more (often 2x to 4x of the domestic figures) due to higher Cost of Living Adjustments  and stronger currency values, making Indian CAs highly sought after globally.

3. Chartered Accountant Salary for Freshers (Entry-Level Packages)

The starting salary for a newly qualified CA is arguably the most scrutinised figure.

ICAI Placement: The Benchmark

The Institute of Chartered Accountants of India (ICAI) Campus Placement Programme sets the national benchmark for fresher packages.

  • Highest Domestic Package (Recent ICAI Placement): ₹26.70 LPA (offered by Power Finance Corporation, a PSU). Top packages have previously gone up to ₹29 LPA.
  • Average Package (Recent ICAI Placement): ₹12.49 LPA (Consistently rising over the past few years).

What Affects Fresher Pay:

Your first salary is heavily influenced by four main factors:

Factor Impact on Fresher Salary
CA Exam Attempts
First Attempt pass-outs consistently receive higher offers (₹10 LPA – ₹14 LPA is common in top firms).
Multiple attempts often result in a starting salary in the lower end of the range (₹7 LPA – ₹9 LPA).
Rank-holders
CA Final rank-holders (Top 50) are highly sought after by FMCGs and Investment Banks,
often securing packages from ₹15 LPA to over ₹20 LPA.
Articling Firm Reputation
Articleship experience from a Big 4 firm (EY, Deloitte, KPMG, PwC) significantly boosts
starting pay and future growth compared to mid-sized firms.

4. CA Salary Growth by Experience Level

The true value of the CA qualification is realised through professional experience and specialisation. The trajectory is steep and predictable.

Experience vs. Salary Table

Years of Experience Annual CTC Range (INR) Growth Insight
0 – 5 years ₹7,00,000 – ₹15,00,000
Focus on learning, specialisation, and moving from an Associate to Assistant Manager.
5 – 10 years ₹15,00,000 – ₹25,00,000
Managerial roles begin. Income increases due to team management and specialisation
(e.g., GST, M&A).
10 – 20 years ₹25,00,000 – ₹45,00,000
Senior Manager/Associate Director level. High strategic responsibility.
Above 20 years ₹45,00,000 – ₹1,00,00,000+
Leadership roles (CFO, Partner, Finance Head).
CFO roles in large MNCs consistently cross the ₹50 LPA to ₹1 Crore+ mark.

Resources from – Ambition box

5. CA Salary by Job Profile and Designation

A CA degree is a license, but your designation defines your pay. A CFO is paid more than an Internal Auditor—even if both are CAs.

Role-Specific Salary Table (Average)

Job Profile / Designation Annual CTC Range (INR) Strategic Value & Pay Driver
Account Executive ₹4,00,000 – ₹7,00,000
Entry-level, transactional accounting.
Senior Executive / Chartered Accountant ₹8,00,000 – ₹11,00,000
First managerial steps, team lead.
Finance Manager / Controller ₹18,00,000 – ₹27,00,000+
Budgeting, financial planning, compliance, high-range compensation.
Head of Internal Audit ₹25,00,000 – ₹43,00,000+
Risk assessment and corporate governance.
Chief Financial Officer (CFO) ₹40,00,000 – ₹60,00,000
Strategic and executive leadership, highest packages.
Practicing CA (Self-Employed)
Highly Variable (Potential ₹10 LPA – ₹57,00,000)

Income depends entirely on client base, niche, and reputation.
Can be low initially, but limitless at the senior partner level.

Resources from – Ambition box

6. CA Salary by Company and Sector

6.1. Salary in the Big 4 Firms

The Big 4 are the most prestigious starting point for a newly qualified CA. They offer unmatched learning, work culture, and international exposure. The starting chartered accountant jobs salary in India at the Big 4 is a benchmark for the industry.

  • Fresher Package (0 years): Typically ranges from ₹8.5 LPA to ₹12 LPA, depending on the department (Advisory/Deals generally pay more than Audit/Tax).

Senior Manager (6+ years): Packages reliably cross the ₹35 LPA to ₹50 LPA mark.

6.2. Public Sector Undertakings (PSU) & Private Sector/MNCs

Sector Average Fresher Package (INR) Key Advantage
MNCs/Private Sector (HUL, RIL, Amazon) ₹10,00,000 – ₹18,00,000
Higher pay, fast-paced growth, performance bonuses.
Public Sector Undertakings (PSUs) (ONGC, RBI, SBI) ₹8,00,000 – ₹14,00,000
High job security, better work-life balance, strong retirement benefits.

6.3. Top Recruiters Offering the Highest Packages

Companies in the FMCG, Investment Banking, and FinTech sectors are known for paying a premium.

Top Recruiter High-End Package Range (INR) Industry Specialisation
Reliance Industries Ltd. ₹14,00,000 – ₹32,00,000+
Energy, Telecom, Retail
Hindustan Unilever Ltd. (HUL) ₹18,00,000 – ₹36,00,000+
FMCG (Known for high fresher pay)
ICICI Bank / HDFC Bank ₹9,60,000 – ₹27,00,000+
Banking, Financial Services
Deloitte / EY / KPMG / PwC ₹10,00,000 – ₹35,00,000+
Consulting, Advisory, Audit, Tax

Resources from –AmbitionBox & Glassdoor

7. Chartered Accountant Salary Boost by Skills

Acquiring specialist skills is the fastest way to jump salary brackets. Generalists are valued, but specialists are paid a premium.

High-Value Skill Annual Salary Boost (Approx.)
Financial Modelling & Valuation (FMVA) ₹2,00,000 – ₹4,00,000
IFRS/US GAAP Specialisation ₹1,50,000 – ₹3,00,000
SAP FICO / ERP Systems Knowledge ₹1,00,000 – ₹2,50,000
Strategic Accounts / Budget Management
₹2,50,000 – ₹5,00,000+ (for experienced roles)
Certifications (CFA, CPA, ACCA)
Opens doors to international roles and high-paying Investment Banking/Research roles.

8. Chartered Accountant Salary by City/Location

Metro cities offer higher Cost-to-Company (CTC) packages to offset the higher cost of living.

City/Location Average Annual CA Salary Range (INR) Key Driver
Mumbai ₹10,00,000 – ₹22,00,000+
Financial Capital, highest number of Investment Banks/FMCG HQs.
Delhi NCR (Gurgaon/Noida) ₹9,50,000 – ₹20,00,000+
Consulting Hub, MNC regional HQs.
Bangalore ₹10,50,000 – ₹25,00,000+
Tech/FinTech Hub, high demand for CAs in IT/Startups.
Chennai / Hyderabad ₹8,50,000 – ₹18,00,000+
Strong presence of GICs (Global In-House Centres) and IT firms.
Tier-2 Cities (Pune, Ahmedabad) ₹8,00,000 – ₹12,00,000+
Growing local markets, less COLA.

Resources from –AmbitionBox

9. Key Factors That Decide Your CA Salary

To summarise the path to the highest earning potential in chartered accountant jobs salary in India:

  •  Attempts & Ranks: Clearing the CA Final in the first attempt gives you a decisive edge in the first job.
  •  Article-ship Firm: Big 4 or top-tier firm experience provides superior foundational knowledge and a brand name for life.
  •  Experience & Specialization: Shift from compliance/transactional roles to advisory/strategic roles after 5 years. Niche expertise (Taxation, M&A) is key to the highest chartered accountant jobs salary in India.
  •  Certifications: Additional qualifications (CFA, CPA, ACCA) significantly boost pay.
  • Type of Company & Location: Opt for MNCs, FMCGs, or large Banks in major metropolitan cities for the highest packages.

10. Conclusion

The journey to becoming a Chartered Accountant is arduous, but the financial rewards, professional respect, and boundless career opportunities in India make it one of the most worthwhile pursuits. Your CA qualification is a powerful ticket—your salary growth will be a direct function of how you leverage your experience, skills, and specialisation over time.

So Don’t just dream about success, make it happen!
Select Lakshya Education as your partner for career readiness

So Don’t just dream about success, make it happen!
Select Lakshya Education as your partner for career readiness

11. FAQs

The average monthly starting salary for a CA fresher is between ₹65,000 and ₹90,000 (equivalent to ₹7.8 LPA to ₹10.8 LPA), varying based on the city and firm.

Companies like Reliance Industries, HUL (Hindustan Unilever), and top Investment Banks/Consulting firms (like the Big 4’s Deals teams) consistently offer the highest packages, often reaching ₹25 LPA to ₹36 LPA for freshers and significantly higher for experienced hires.

In the first few years, an employed CA earns more. However, a highly successful Practicing CA (Senior Partner of a reputable firm) has no salary cap and can earn significantly more than the top corporate salaries, often crossing ₹1 Crore+ annually.

Absolutely. With the domestic average package for a fresher standing at around ₹12.49 LPA (ICAI placement data) and the long-term potential to earn over ₹70 LPA, the Chartered Accountant profession remains one of the most prestigious, stable, and highest-paying careers in India.

First-attempt pass-outs typically receive offers in the ₹10 LPA to ₹14 LPA range from top firms, placing them well above the average.