CA Salary in India 2022 | Chartered Accountant Salary in India & Abroad

CA Salary in India:  Chartered Accountancy is one of the occupations with flattering salaries and a wide range of opportunities. The CA Salary is determined by an individual’s skillsets, knowledge, and experience. On the other hand, the average CA Salary in 2019-2020, initiates at 6-7 lakhs and goes up to 30 lakhs. 

International packages for Chartered Accountants can easily hit 75 lakhs per year. Applicants at the top of the merit list and those who passed the ICAI CA Exam on their first attempt are given priority, but all Chartered Accountants have limitless prospects and opportunities.

Read the entire article to learn more about CA Salary 2022.

CA Salary in India 2022

With the new updated CA Syllabus and introduction to professional training, the CA course is acquiring the skills to become familiarized with the technology that pushes every industry, in an assembled structure. It has raised the value of the CA profile. ICAI usually conducts the placement drive twice a year, once in February-March and the other one in August-September. 

Chartered accountants can earn a starting salary of anywhere between USD $30,000 and USD $50,000. Experienced chartered accountants can be paid more than US$ 100,000 per annum depending on location and who they end up working for.

The average starting salary of a CA is around Rs. 6.5 lakh per annum. Sometimes, Multinational companies pay over Rs. 10 lakh per annum to freshers.

Apart from salary, chartered accountants receive various fringe benefits, ranging from free transportation to even house and car leasing. They also normally get health insurance, life insurance, and property insurance free of cost if they work for a large corporation.

Chartered Accountant Roles and Responsibilities

There are many diverse roles that a Chartered Accountant takes on involving accounting, taxation, auditing, cost accountancy, and so on. Chartered Accountancy is easily one of the most sought-after professions in India.

Check out a few roles and responsibilities of CA:

  • To oversee the duties of the accounting team.
  • Impose and manage accounting systems and processes 
  • To prepare monthly financial reports
  • Reconcile income statements 
  • Prepare budget reports
  • Detect and prevent fraud
  • Manage the full financial process
  • Provide financial advice
  • Advise clients on tax planning

Highest CA Salary Package In India Per Month & Abroad

Check out the table below to understand CA Highest Salary in India per month 2022 & find the CA Salary package in India and Abroad:

Company

Package Offered (in Rs LPA)

Bharti Airtel

34.5

Offered in Singapore Company

52

Offered in Dubai Company

56

CA Fresher in ICAI Campus Interview

70

Salary for international posting

76.32

CA Salary 2022 Based on Skills

To support the consumers, CA candidates need three core skills. They are assessed and rewarded based on their analytical, compliance, and monitoring ability. Professionals who hold and improve their skills in various dimensions receive a higher remuneration of about Rs. 25 lakh per year.

Check out the table below to find CA Salary details based on skills:

Skills

Average Salary of CA in India (P.A.)

Budget management

9.5-11 lakhs

Strategic accounts

8.9- 9 lakhs

Evaluation and management auditing

8.5-9 lakhs

Financial analysis

8.5- 8.8 lakhs

Financial advisor

8.5-8.75 lakhs

SAP financial accounting and controlling

8.10-8.25 lakhs

Financial reporting

8-8.2 lakhs

Auditing

7- 7.5 lakhs

Account management

7-7.25 lakhs

Internal audit

7.25-7.35 lakhs

Accounting

7.25-7.35 lakhs

Tax consulting

7.10-7.25 lakhs

Tax compliance

7-7.1 lakhs

CA Salary 2022 Based on Experience

Your experience, in addition to your abilities, is important while measuring your cost to the organization. Practical experience is very relevant in assessing the monthly CA Salary, but the ability to upgrade and learn contributes much more value to your experience.

Check out the table below to find CA Salary details based on experience:

Year of experience

CA Salary per annum (Avg)

0-5

7 lakhs

5-10

12 lakhs

10-20

20 lakhs

Above 20

50-70 lakhs

CA Salary 2022 Based on Work Profile

CA is pursued not only for their tax and accounting knowledge but also for several other abilities that a CA possesses. The income of a CA differs based on the work profile with which they are appointed.

Check out the table below to find CA Salary details based on work profile:

Jobs profile

CA Salary per annum (Avg)

Finance officer

35 lakh

Account executive

25 lakh

Accountant

25 lakh

Finance controller

19 lakh

Finance manager

10 lakhs

Chartered accountant

7.25 lakh

Financial analyst

6 lakh

Assistant account manager

5 lakh

Senior account executive

4 lakh

Senior Accountant*

3.5 lakh

Business analyst

4 lakh

Account assistant

2 lakh

CA Salary 2022 Highest Paying Companies

The working climate in firms that specialize in financial services, such as PWC, Ernst & Young, Deloitte, and KPMG, is supportive and competitive, drawing a significant number of CA applicants. Working with certain organizations helps you to focus on several other facets of the CA profile.

Check out the table below to find the highest paying industries:

Companies

CA Salary per annum (Avg)

Reliance Industries

Rs. 25-45 Lakhs (Highest)

Hindustan Unilever Ltd

Rs. 10-36 Lakhs

Deloitte

Rs. 14-35 Lakhs

KPMG

Rs. 14-32 Lakhs

Aditya Birla Sun Life

Rs. 13-28 Lakhs

ICICI Bank

Rs. 11-27 Lakhs

ITC

Rs. 10-25 Lakhs

TATA company

Rs. 10-22 Lakhs

Bharti Airtel

Rs. 12-22 Lakhs

SBI Bank

Rs. 6-17 Lakhs

CA professionals are not only subject to a salary, but they also have another source of revenue. Bonuses, royalties, and commissions are the other sources of revenue for every CA employee.

Get Other Highly Important Essentials for CA Exam

CA Salary 2022 Remuneration

Fees

Fees are the remuneration that a ca is subjected to after delivering consultancy services to manage an individual or company’s account. Fees are a significant source of income for a CA who works individually.

Commission

When a CA assists a user in fixing financial problems such as loan disapproval, organizing books for a merger, or presenting good books to attract clients, he/she is paid a fee on the solution he/she delivers. Individuals and businesses engaged in the operation of other corporations’ budgets gain this form of profit.

Bonus

When CA professional work exceptionally well in their field they receive the incentive in a form of a bonus.

For individual practice

Source of income for the individual practice

Source of income of CA employed

Fees

80%

 

Commission

15%

5%

Bonus and incentive

5%

10%

FAQ’s Related to CA Salary Strcuture 2022

Which company provided the highest package for CA candidates in India?

Bharti Airtel offered the highest package in India for CA candidates last year.

What is the average salary of CA per annum package for candidates who have Budget management skills?

The average salary per annum in the ICAI package offered for candidates who have Budget management skills is 9.5-11 lakhs.

What is the ICAI salary package offered to the candidates of international posting?

The ICAI salary package offered to the candidates of international posting is 76.32 LPA.

What is the ICAI salary package offered in Dubai Company?

The ICAI salary package offered to the candidates in Dubai Company is 56 LPA.

In which country CA is highly paid?

Switzerland

What is the average salary of CA candidates in India?

The average salary of Chartered Accountants in India ranges from 6-7 lakhs to 30 lakhs. 

I have 18 years of experience in CA. How many packages offered to me earn after 20 years?

The package offered to you by ICAI after 20 years is 50-70 lakhs.

 

Now you have a brief idea of CA Salary 2021. Ask us queries related to ICAI in the comment section if you are facing any doubts.

8 thoughts on “CA Salary in India 2022 | Chartered Accountant Salary in India & Abroad”

  1. good post and you cleared the step by step and explained in details about the packages per annum,it is osam to hear and earn it

    Reply

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