CA Highest Salary in India: Sector & Employer Wise
Do you know how what is the CA Highest Salary in India? Take a look at the career path and the highest packages received by CA here!
The CA Highest Salary in India is around INR 75 lakh to INR 76 lakh per year. One of the most crucial determining factors for CA salary is the scale of the company. Apart from this, some of the other factors that determine a CA Course Salary in India are the candidate’s skill, knowledge, experience, expertise, rank, and number of attempts to clear the exam. To Become a CA, aspiring candidates must pursue CA courses from any top CA College in India and complete their internship after clearing several exam levels.
CA Course Admissions are done based on CA Entrance Exams. In the present day, the candidates who have cleared their papers in a single attempt or those who are rank holders are given preference in the placement by the companies. With the right qualifications and skill set, an individual can easily extract CA Highest Salary in India. According to a report published by the Institute of Chartered Accountants of India (ICAI), the average CA salary rose from INR 8 LPA to INR 11.50 LPA offered through ICAI campus placements after clearing the CA final level exam.
Highlights of CA Highest Salary in India
Particulars | Details |
Highest CA Salary for Freshers | INR 2-2.5 lakhs/ month |
Highest CA Salary for Experienced | INR 5 lakhs/ month or more |
Auditing Firms Offering Highest CA Salaries | Deloitte LLP, PricewaterhouseCoopers, KPMG, Ernst & Young |
CA Highest Salary in India: Company Wise
When it comes to the IT sector, India is home to several multinational companies that offer high CA packages such as Ernst & Young (EY), KPMG, Deloitte, Tata Consultancy Services (TCS), Google, TCS, Infosys, American Express, etc. The placement in these companies adds great importance and the CA’s receive handsome salaries. The salaries vary depending on the profile and experience of CA. Experienced candidates can earn a great package with several benefits in addition to their salary package. Take a look at the average annual salary for IT companies:
Company Name | Average Annual Salary | Highest Salary |
---|---|---|
Deloitte | INR 14 LPA - 35 LPA | Around INR 35 LPA |
PWC | INR 14 LPA- 32 LPA | Around INR 32 LPA |
KPMG | INR 14.5 LPA- 32 LPA | Around INR 32 LPA |
Ernst. & Young | INR 12 LPA- 15 LPA | Around INR 22 LPA |
INR 12 LPA- 22 LPA | Around INR 43.2 LPA | |
TCS | INR 10 LPA- 22 LPA | Around INR 24.5 LPA |
Also Read: Career Options After CA
Sector-Wise Highest CA Salary
When it comes to the industry selection, CA is not just limited to private firms but they also work for various public sector entities. There are several organizations including ministries and banks in which they can choose to work according to their interests and experiences. Given below is the average and highest salary of CA across various public and private sector firms. Take a look:
Highest CA Salary in Public Sector
Employer | Average Annual Salary | Highest Salary |
---|---|---|
State Bank of India | INR 7 LPA - 18 LPA | Around INR 20 LPA |
SAIL | INR 8 LPA- 14 LPA | Around INR 34.5 LPA |
GAIL | INR 7 LPA- 17 LPA | Around INR 25 LPA |
Ministry of Finance | INR 6 LPA - 15 LPA | Around INR 15 LPA |
Highest CA Salary in Private Sector
Employer | Average Annual Salary | Highest Salary |
---|---|---|
KPMG | INR 4 LPA - 7 LPA | Around INR 32 LPA |
ICICI Bank | INR 6 LPA - 8 LPA | Around INR 15 LPA |
Reliance Industries | INR 6.80 LPA - 9 LPA | Around INR 27 LPA |
TCS | INR 6 LPA- INR 10 LPA | Around INR 24.5 LPA |
Also Read: CA Syllabus
Highest CA Salary in India: Experience-Wise
The salary of a CA varies according to the year of experience in the industry. A fresher would get a minimum or low salary as per the industrial level. Whereas, an experienced CA would take home a handsome salary. The salary also depends on the company type. In India, a CA who has worked for at least 10-15 years can easily extract a salary of around INR 20 Lakhs per year- INR 30 Lakhs per year. Have a look at the experience-wise salary of CA in India:
Year of Experience | Average Annual Salary |
---|---|
0-5 years | INR 7 LPA |
5-10 years | INR 12 LPA |
10-15 years | INR 20 LPA |
15-20 years | INR 24 LPA |
20 years & above | INR 37 LPA & above |
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FAQs
What is the job role of a CA in India?
As a CA, the job role includes:
- Advise the company/firm on its financial matters
- Perform and administer Financial Audits
- Review and analysis of Financial Risk of a company
- Tax planning
- Maintaining and balancing the Accounts
- Advise clients on business transactions such as mergers and acquisition
Who are the top recruiters for CA in India?
The top recruiters for CA’s in India are:
- KPMG
- Deloitte
- PWC
- TCS
- Ernst and Young