How much salary CA can earn yearly
Dear aspirant,
Salary of a Chartered Accountant in India depends on his/her skills, capabilities, and experience. The average salary of Chartered Accountants in India ranges from 6-7 lakhs to 30 lakhs. International packages are even higher ranging up to 75 lakhs.
Last year stats show that average salary of CAs in India was offered around 7.36 lakhs p.a. in the campus placement conducted by ICAI. Rank Holders and Single attempt passed students get a priority over the multiple attempts passed students.
However, there are many candidates who start their own practice after taking job experience of 2-3 years in a reputed CA Firms. If such candidate is well capable to do so then there is no upper limit for his/her growth. Although, many such small firms shut down in a short span due to high competition.
Candidates wishing to start their own practice after some years of experience join CA Firm which gives them a great exposure. Here, a fresher Chartered Accountant learns how to deal with the client or how to deal with the Income Tax Officer. Might be you are thinking that you have gained such experience in your articleship training also, but the scope of an article is always limited. The experience which you can gain after becoming a Chartered Accountant could not be possible in your articleship training.The salary offered by CA Firms generally range between 3-8 lacs.
Hope the answer is helpful.
Good luck!