Get Salaries in India Information from Salary Portal of India

Salary Opportunities for CA in Delhi and Mumbai

Salaries in India No Comments on Salary Opportunities for CA in Delhi and Mumbai

CA through ICAI is really a hard core study corporate work and accounting standard. This course need lots of hard work in mental form. But a qualified CA is highly valuable for private sector as well as for government sector. The Course structure of CA is designed in such a manner that entitles them to handle various tasks of corporate management and accountability like :

  • Tax compliance,
  • Auditing,
  • Account management,
  • Financial Reporting
  • Financial Analysis.

National average salary of CA is Rs 6 lakh annually. Whereas, Delhi is providing similar salary packages to CA. But, Mumbai pays higher salaries than Delhi.  Mumbai offers average annual package of Rs 6.13 lakh. They offer Rs 15 Lakh annually maximum  and Rs 3 lakh minimum to CA. Rank Holders in CA get higher salary packages and clearing in first attempt also makes difference to salaries.

  • Rank holders  usually get more than Rs 20 lakh annually.
  • Students who have cleared the CA in his first attempt with both group together are entitled for package above Rs 12 lakh.
  • Both groups cleared separately and in first attempt, then they are eligible for the package of Rs 8 lakh annually.

CA in Delhi and Mumbai

Chartered Accountant degree offered by ICAI, has their head office in Delhi. The coaching institutes in Delhi make delhi hub for CA aspirants. Freshers’ CA salary is not like any other professional degree. Freshers’ salaries are almost similar to the experienced ones working in other professions. Financial Capital of the country, employees large number of CAs to their city for managing and analysing the funds of respective corporates. Many financial institutes and intermediaries have their hand offices or financial uint in Mumbai. These finance institutes and intermediaries employee number of CAs. This increases the demand of CAs in Mumbai and salary packages of CA as well.

How the big corporates/MNCs spending on CA

MNCs spend more than the salary they are getting according to industry’s standard. These MNCs generally employ CA with annual package of Rs 8 lakh. This makes CAs to approach MNCs for good jobs. They are also provided with other fringe benefit and  profit sharing. Salaries of some of the Big MNCs in are:

Deloitte’s salary bracket is Rs 5.5 lakh to Rs 8 lakh. Ernst & Young and ICICI  provide salary in the range of Rs 5.34 lakh to Rs 9.5 lakh and Rs. 5.5 lakh to Rs. 8.5 lakh, respectively. For freshers, MNCs offer  Rs 5.8 lakh annually. As the experience increases, their salary packages also increase. CA in Big companies earns Rs 5.8 lakh annually in starting of their career. As their experience increases, their salary package also increases. CA with experience of 5 to 10 year earns Rs 9.7 annually. Salary of CA with different year of experience is given below.

Year of Experience

Salary (Monthly)

Salary Annually

0-5 year

Rs. 45K

Rs. 5.7 lakh

5-10 year

Rs. 80K

Rs. 9.6 lakh

10-20 year

Rs. 100K

Rs. 12 lakh

Above 20 year

Rs. 200K

Rs. 24 lakh

Salary band of CA in different cities

With the difference in pace of growth in the cities of India, the salary of CA also differs. Gurgaon (Delhi NCR region) is at the top to provide maximum salary packages to CA. Bangalore being the highest salary payer to professional is on the second position in providing maximum salary packages to CA. They are followed by Hyderabad, Chennai, Mumbai and Delhi. Thus, Delhi is last in major metropolitan cities to provide the highest salary. Salary of CA in different cities of India is shown in the following table and can see the average annual salary of CA in different cities.

City Annual Salary Band
Delhi Rs 2.4 lakh to Rs 12 lakh
Mumbai Rs 3.5 lakh to Rs 12 lakh
Chennai Rs 3.4 lakh to Rs 12 lakh
Pune Rs 3 lakh to Rs 10 lakh
Gurgaon Rs 4.5 lakh to Rs 17 lakh
Kolkata Rs 2.5 lakh to Rs 12 lakh
Ahmedabad Rs 2 lakh to Rs 10 lakh
Hyderabad Rs 2.9 lakh to Rs 17 lakh
Bangalore Rs 3.75 lakh to Rs 15lakh

Author

Leave a comment

Back to Top