According to the Institute of Chartered Accountants of India ( ICAI ), Chartered Accountants ( CAs ) in India, who has minimum 1 year experience can expect to earn salaries ranging from ₹12 lakh per annum (LPA) to ₹38 LPA, depending on their level of experience.
As per ICAI’s Career Ascent Programme for placement of experienced Chartered Accountants, Indian companies participating in campus placement programs must offer the minimum CTC set by the institute. Chartered Accountants can also set their salaries based on their experience, following the ranges prescribed by ICAI.
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Freshly qualified CAs who have an experience of 1-5 years typically start at around ₹12 LPA, while those with more experience or specialised skills can command higher salaries, with some earning up to ₹38 LPA.
Indian companies are offering competitive packages to attract skilled professionals in the field of accounting and finance, reflecting the demand for CAs across various sectors. The salary range varies based on factors such as industry, job role, and the individual’s expertise, with experienced CAs often receiving higher compensation due to their knowledge and proficiency in the field.
As per the report, the Committee for Members in Industry and Business (CMI&B) organises a specialised Campus Placement Programme tailored for experienced Chartered Accountants (CAs). Participating Indian companies are required to offer a minimum Cost to Company (CTC) based on the candidates’ experience, ensuring competitive compensation for seasoned professionals.
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As per the ICAI’s guidelines, Indian companies are required to offer minimum CTCs based on the experience of qualified CAs. For CAs with 1-5 years of experience, the minimum CTC is set at ₹12 LPA, while those with 5-10 years of experience should receive at least ₹17 LPA. CAs with 10-20 years of experience are entitled to a minimum CTC of ₹26 LPA, and for those with over 20 years of experience, the minimum CTC is ₹38 LPA.
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