{"id":4093,"date":"2024-10-28T12:46:22","date_gmt":"2024-10-28T07:16:22","guid":{"rendered":"https:\/\/www.thewallstreetschool.com\/blog\/?p=4093"},"modified":"2025-06-18T16:31:26","modified_gmt":"2025-06-18T11:01:26","slug":"salary-of-ca-in-india-rewarding-or-not","status":"publish","type":"post","link":"https:\/\/www.thewallstreetschool.com\/blog\/salary-of-ca-in-india-rewarding-or-not\/","title":{"rendered":"Salary of CA in India: Rewarding or Not?"},"content":{"rendered":"

When we talk of the highest-paid professionals in India, Chartered Accountants (CAs) top the list. These finance professionals have specialised accounting skills. In addition to having a firm grasp of commerce, they are highly proficient in mathematics, economics, accountancy, law, taxation, and business studies.\u00a0<\/span><\/p>\n

CAs can work independently as consultants or be employed in companies in the audit team or finance team, work in banking, financial and insurance sectors, and so on. However, the <\/span>CA monthly salary<\/span> depends on various factors like skill sets, job profiles, experience, and the employer\u00a0<\/span><\/p>\n

Ready to learn all about the <\/span>CA monthly salary<\/span> in India? If you’re ready to dive into the details and discover some valuable tips on maximising your earning potential as a CA in India, keep reading!\u00a0<\/span><\/p>\n

The high demand for CAs in India<\/span><\/h2>\n

The demand for CAs in India is steadily increasing. Projections indicate that India will need <\/span>3 million<\/span><\/a> Chartered Accountants by 2047. As the Indian economy grows, the demand for skilled CAs is expected to rise significantly.\u00a0<\/span><\/p>\n

According to reports from the Institute of Chartered Accountants of India (ICAI), <\/span>20,446 students<\/span><\/a> qualified as Chartered Accountants for the exam held in May 2024.\u00a0<\/span><\/p>\n

In September 2024, the total number of active students in the institute was <\/span>9,70,082<\/span><\/a> (including Final, Foundation, and Intermediate levels), while the total number of active members was <\/span>4,22,017<\/span><\/a> (including ACP, Associate, FCP, and Fellow membership types).\u00a0\u00a0<\/span><\/p>\n

Salary of CA in India<\/span>: A look across companies and job profiles<\/span><\/h2>\n

The average base salary of a chartered accountant in India in 2024 is approximately <\/span>INR 968,441 per annum<\/span><\/a>. While the lowest salary is about INR 488,000 annually, the highest salary is almost INR 2.0 million. The salaries are inclusive of bonuses, profit sharing, commissions, overtime pay, etc.\u00a0<\/span><\/p>\n

Source<\/span><\/a><\/p>\n

Salary of CA in India<\/span> in the Big 4<\/span><\/h3>\n

Here\u2019s a breakdown of the minimum, average and highest salaries of CAs in the Big 4:<\/span><\/p>\n

CA Salary at Deloitte\u00a0<\/span><\/h4>\n

The average base salary of a CA in Deloitte is <\/span>INR 1,048,653 per annum<\/span><\/a>. Candidates with 1-2 years of experience earn approximately INR 613,000 annually, while candidates with 5-9 years of experience earn almost INR 2.0 million annually.\u00a0<\/span><\/p>\n

Source<\/span><\/a><\/p>\n

CA Salary at KPMG, LLP\u00a0<\/span><\/h4>\n

A chartered accountant at KPMG gets an average base salary of <\/span>INR 1,179,162 per annum<\/span><\/a>. Entry-level candidates get a salary of approximately INR 740,000 annually. Experienced CAs draw a salary of INR 1.8 – 2.0 million per annum.\u00a0<\/span><\/p>\n

Source<\/span><\/a><\/p>\n

CA Salary at Ernst & Young (EY)<\/span><\/h4>\n

At EY, a chartered accountant earns an average base salary of <\/span>INR 1,099,723 per annum<\/span><\/a>. Entry-level CAs earn approximately INR 608,000 annually, while experienced professionals earn almost INR 2.0 million yearly.\u00a0<\/span><\/p>\n

Source<\/span><\/a><\/p>\n

CA Salary at PwC<\/span><\/h4>\n

The average base salary of a CA in PwC is approximately <\/span>INR 727,286 annually<\/span><\/a>. Fresher CAs are paid approximately INR 696,000 annually, while experienced professionals are paid about INR 855,000 per annum.\u00a0<\/span><\/p>\n

Source<\/span><\/a><\/p>\n

CA monthly salary<\/span> based on job profiles<\/span><\/h3>\n

A chartered accountant professional can work under various job profiles, each drawing a different salary figure. Here are some popular job profiles and their average base salaries:<\/span><\/p>\n

Senior Accountant<\/span><\/h4>\n

The average base salary of a Senior Accountant is approximately <\/span>INR 451,238<\/span><\/a> annually.\u00a0<\/span><\/p>\n

Finance Manager<\/span><\/h4>\n

A Finance Manager draws quite a handsome average base salary in India of approximately <\/span>INR 1,174,527<\/span><\/a> per annum.\u00a0\u00a0<\/span><\/p>\n

Forensic Auditor<\/span><\/h4>\n

In India, the average annual salary of a Forensic Auditor is approximately <\/span>INR 9,00,000<\/span><\/a>. For experienced candidates, the highest salary can reach up to INR 12,00,000 per annum.\u00a0<\/span><\/p>\n

Tax Analyst<\/span><\/h4>\n

Tax Analysts in India earn an average base salary of <\/span>INR 391,063<\/span><\/a> annually. Professionals with 5-9 years of experience can earn up to INR 669,000 annually.\u00a0<\/span><\/p>\n

Financial Analyst<\/span><\/h4>\n

The salary of a Financial Analyst in India is approximately <\/span>INR 503,000<\/span><\/a> annually, with an experience of almost 4-8 years. Highly experienced candidates can earn up to INR 2.0 million annually.\u00a0<\/span><\/p>\n

Strategies to boost your <\/span>CA monthly salary<\/span> in India<\/span><\/h2>\n

Want to level up your earnings as a Chartered Accountant? Here are some smart strategies to help you stand out and boost your <\/span>CA monthly salary<\/a> in India:\u00a0<\/span><\/p>\n