If it is CA in India, what is your daily schedule? How much do you earn? How are your weekends? How old are you?

Updated on : December 3, 2021 by Lila Zimmerman



If it is CA in India, what is your daily schedule? How much do you earn? How are your weekends? How old are you?

Hello there,

I have been practicing CA in my hometown for 2 years.

Usually my work hours are 10:00 a.m. M. At 6:00 p. M. I have 4 employees who work in my small business. So I don't have a tight work schedule. Even if I am not present, my work will progress smoothly.

I earn seven figures annually from now on, which is enough.

Usually I spent the weekends with my family and friends, since I live in a non-metropolitan city, so there are fewer options to have fun on the weekend. This is the only downside to going back to my hometown, apart from this it is very satisfying to be in this neighborhood.

I am 29 years old.

Re

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Hello there,

I have been practicing CA in my hometown for 2 years.

Usually my work hours are 10:00 a.m. M. At 6:00 p. M. I have 4 employees who work in my small business. So I don't have a tight work schedule. Even if I am not present, my work will progress smoothly.

I earn seven figures annually from now on, which is enough.

Usually I spent the weekends with my family and friends, since I live in a non-metropolitan city, so there are fewer options to have fun on the weekend. This is the only downside to going back to my hometown, apart from this it is very satisfying to be in this neighborhood.

I am 29 years old.

Greetings,

CA Santosh Kumar

Hello there,

I can answer these questions as I am the founder of Alliance Tax Experts.

Are:

My schedule is normal as of now, as we have completed most of the audits and have also completed accounting for the MSMEs segments. Still, the income tax website is down, so wait for forms 3CB and 3CD. In addition to that, I have hired new staff to provide financial services and investments.

I have 3 interca employees who mainly manage GST compliance and accounting work.

My weekends are usually spent with my family and I go trekking with my wife and children every weekend. reading 1 hour daily

My age

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Hello there,

I can answer these questions as I am the founder of Alliance Tax Experts.

Are:

My schedule is normal as of now, as we have completed most of the audits and have also completed accounting for the MSMEs segments. Still, the income tax website is down, so wait for forms 3CB and 3CD. In addition to that, I have hired new staff to provide financial services and investments.

I have 3 interca employees who mainly manage GST compliance and accounting work.

My weekends are usually spent with my family and I go trekking with my wife and children every weekend. reading 1 hour daily

My age is 28.

I win decently. I can't reveal the correct figures because I don't want to, but yeah, it's good enough for me.

Greetings,

Santosh

Hello there,

I can answer these questions because I am a CA from India.

Are:

  1. My hours are normal as of now as we have completed most of the audits and the income tax website is down. On top of that, I have hired new staff so it is usually 10 a.m. M. A 7 p. M.
  2. My weekends are usually spent with my family. I go with my wife for coffee or dinner, usually on the weekends.
  3. My age is 28.
  4. I win decent. I can't reveal the correct figures because I don't want to, but yeah, it's good enough for me.

Greetings,

Aditya

I win 30LPA. The income tax I pay on him ~ 5 lac. Salary also includes some variables and also includes FP deductions. So I guess it's about ~ 24 LPA (quite a bit less than that)

What is it like to earn so much money?

  1. I work 10 to 12 hours a day with great efficiency and a lot of work. A higher salary comes with greater responsibilities. Meeting deadlines and stresses are part of the job. Now, also in quarantine, I work 7 to 8 hours a day from home. Although the fact that you get paid well at the end of the day is a relief factor. In the beginning, I worked 14-16 hours a day with the peanuts.
  2. Fortunately ,
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I win 30LPA. The income tax I pay on him ~ 5 lac. Salary also includes some variables and also includes FP deductions. So I guess it's about ~ 24 LPA (quite a bit less than that)

What is it like to earn so much money?

  1. I work 10 to 12 hours a day with great efficiency and a lot of work. A higher salary comes with greater responsibilities. Meeting deadlines and stresses are part of the job. Now, also in quarantine, I work 7 to 8 hours a day from home. Although the fact that you get paid well at the end of the day is a relief factor. In the beginning, I worked 14-16 hours a day with the peanuts.
  2. Fortunately, my lifestyle is simple. Also, my wife is stingy, which means that our outings are very few. Although I'm not a fan of big savings, my wife is. Usually we go on annual vacations, which is our only show.
  3. I have an 11 year old daughter. I can afford a good education for her.
  4. I can take care of my family's needs, which is a good feeling.
  5. I live in my mother's house. Looking to buy a large house in a good locality that you would be surprised to know is very difficult in Gurgaon even with my salary.
  6. Since I was born poor and have only been able to move up my career in recent years, I still live a middle class life rather than the bottom of it.

The type of lifestyle you would lead depends not only on your salary, but also on your family background. If you are starting from scratch like I am, even with a good salary, you may still have a normal but comfortable life. However, if you already have a good financial background than even with a lower salary, you can manage a richer lifestyle.

I always thought that if I made a good salary, life would be arranged. However, this is not the case. There are hundreds of other concerns after 'Daal Roti ki chinta' (livelihood concerns). It's just that if you have concerns about your livelihoods, all other concerns don't even affect you as you're only in survival mode. Once you get out of survival mode, you will enter the way of life that still has a lot of worries or stresses.

EDIT: there are some counter questions in the comment section about how I got there and other people asking about education or something, I wrote an answer about my salary in 2017. Other than a little change in the figures, the answer is also very relevant today . .

Kamal Sethi's (कमल सेठी) answer to What's your salary? Are you happy with that?

Another answer that is quite recent.

Kamal Sethi's (कमल सेठी) answer to What was your starting salary and what is it now?

Fortunately or unfortunately, it's my salary responses that get the most views. I think there is much more to me than my salary.

Remember one thing, when we prepare for the exams we think that it is the hardest part in the life of CA, but in fact it is not. To be very frank, it is the easiest part of the CA career.

Because, why,

Starting your OWN practice or placing yourself in one of the best companies with sophisticated packages is more difficult than the exams.

So how should you start your own practice?

  1. If you have decided to practice, start filing IT returns, GST returns, tds returns even at the time of your items, on your own for your friends, family, neighbors. That is the first circle of your professional work. First you need
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Remember one thing, when we prepare for the exams we think that it is the hardest part in the life of CA, but in fact it is not. To be very frank, it is the easiest part of the CA career.

Because, why,

Starting your OWN practice or placing yourself in one of the best companies with sophisticated packages is more difficult than the exams.

So how should you start your own practice?

  1. If you have decided to practice, start filing IT returns, GST returns, tds returns even at the time of your items, on your own for your friends, family, neighbors. That is the first circle of your professional work. You must first get out of fear to do works on your own.
  2. Then slowly the people above will start recommending more people to you. First, recognize yourself as a CA in your area. Whatever work comes your way, be it obtaining the PAN card, filing a simple salary statement, take it and do it honestly.
  3. In the early stages, don't expect too many fees. It's as if filing 3 person return for rs 1500 is better than filing 1 person return for rs 1000. The point is, you have 2 more clients and he might bring in a few more clients.
  4. If you want to be cautious, join a practicing company as an employee after it has become a CA to ensure a regular income, then start doing the above activities in parallel. But you must handle both at the same time.
  5. Always try to add value to customers. As much as possible, advise your client on how to do business effectively, how to manage funds effectively. If possible, treat him to some loans and tell him that he can claim interest as an expense (tax savings on that) instead of running the business with his own funds. So I say.
  6. If you want to establish the name of your company or property in the company, just place an article wizard below you. He will take care of the rest. The moment you start learning, you will tell your friends about your office and in many cases recommend people for professional jobs to your office.
  7. Wherever you go, whoever you meet, shake hands confidentially and hand over your business card.
  8. Attend as many social functions as you can. Don't talk unnecessarily anywhere and try to make as many new friends as possible. Never underestimate anyone. Even a car driver could bring you his wealthy boss as a client.
  9. As much as possible, wear formal attire. That adds value as a professional.
  10. Approach banks for concurrent audits, start registering on empanelment sites for C and AG audits, banks, etc.
  11. Once you have survived for a year, you could have had a substantial number of tax audits, statutory audits under Business Law, and you could probably have started certification work as well. Remember one thing, 10 years from now, your one-month earnings will equal your one-year earnings in the early stages. So survive until then.
  12. Atlast, until the moment you settle down, relax your own set of policies and listen to what the customer requires.

I wish you a successful practice !!!

Let's start with a joke:

Two CAs get on the elevator at the same time and begin to discuss the GST Law. Suddenly a big boom shakes the elevator! The first CA asks the second, “Oh my God! Was it an earthquake ?? ”. The second CA responds: “No! I just dropped my wallet! "

I am a practicing CA. I have been in the practice for almost 20 years, along with my father, who has been in the practice for almost 45 years.

This is a perennial question from students of the profession and I have answered it many times. The simplest answer is this: “You will not perform as well as the best ACs in the industry or the Big4, but you will

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Let's start with a joke:

Two CAs get on the elevator at the same time and begin to discuss the GST Law. Suddenly a big boom shakes the elevator! The first CA asks the second, “Oh my God! Was it an earthquake ?? ”. The second CA responds: “No! I just dropped my wallet! "

I am a practicing CA. I have been in the practice for almost 20 years, along with my father, who has been in the practice for almost 45 years.

This is a perennial question from students of the profession and I have answered it many times. The simplest answer is this: "It will not earn as well as the best CAs in the industry or the Big4, but it will certainly earn more than the average CAs."

To develop further, it is a gamble to start on your own and you may get discouraged a few times, but if you keep your feet on the ground and sacrifice for a few years then there is nothing that can stop you from getting cold. cash.

I would estimate that by the time you are in your 10th year of practice, it is quite possible that you will outperform your peers in the industry and by your 20th year, you would reach a level of wealth that is restricted to the best among the industry (Think Earnings + Earnings to CFO level, CEO!).

Some of my suggestions for CAs considering going into practice are as follows:

  1. Partner - I can guarantee you will find people in the same boat. Try the ICAI website, use Facebook and Google to find sole proprietorships and new CA partnerships and team up with them. Going alone is not only expensive but also pretty silly. No one can make you responsible for your work and that is a very bad thing.
  2. Network: this is the deciding factor for a practice. How well you behave yourself and your knowledge is very important and it is well known that people do not usually change their doctor, lawyer or CA. Join a professional network, meet businessmen, get a club membership. Personally, I have found that temples and gyms are a gold mine for prospective clients.
  3. Specialize: ** This is the most important point. ** Being the expert in all trades can work, but clients always appreciate a special touch in your work. Take an interest in a topic and be the best you can on it. You have surely found some interesting subjects among which you have studied. Use it to your advantage and get a good reputation that precedes you.

I won't disclose how much money our company makes, but we make a lot of money and we can afford a lot of nice things in life, like a German luxury car for the family and a vacation abroad. I am fortunate to have done something with my life and I wish you all the best in your endeavors!

Answer your third question first:
great return on time and investment. The maximum investment would be four years and would involve spending around 2,500,000 rupees, assuming you attend private training for all three levels: CPT, Inter, and Final (all subjects). If you prepare for all the exams yourself, the entire course will cost you around fifty thousand rupees.

The minimum wage you can expect is around six to seven thousand rupees per year. You should get around 40 lakhs a month to take home after taxes. Very good performance compared to

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Answer your third question first:
great return on time and investment. The maximum investment would be four years and would involve spending around 2,500,000 rupees, assuming you attend private training for all three levels: CPT, Inter, and Final (all subjects). If you prepare for all the exams yourself, the entire course will cost you around fifty thousand rupees.

The minimum wage you can expect is around six to seven thousand rupees per year. You should get around 40 lakhs a month to take home after taxes. Pretty good performance when compared to market rates of five to seven percent a year after taxes (just kidding).

The only trait expected of you is COMMITMENT and HARD WORK. The course is challenging, but if you push yourself, it's a piece of cake. You will become a seasoned professional, provided you do your articles at reputable and ethically strict companies.
If you erase all your subjects on the first try, you should do so in three and a half years. The wait is worth it. You learn while you work. (Taxes, accounting standards, budgets, etc.). The feeling of euphoria after cleaning is just great.

The working hours depend on the selection of the field and the company.

Audit / Assurance / Transaction Advice Field:

If you're in the big four, always expect strict deadlines and long work hours of around ten to twelve hours per day.

Working in the smaller companies would be a bit relaxed, say around seven hours, but always expect to sit all day and all night during the deadlines, July 31 and September 30.

Accounting Department / Banks:

Larger companies tend to lead relaxed lives. You can leave according to office hours.

Sitting late into the night will begin once the internal or statutory auditors begin their audits for the respective periods. :)

Back office accounting:

There are many companies that hire CA for the accounting work of their foreign group companies. Office hours will be strictly adhered to, they generally work in shifts.

There may be other industries where CAs are employed, but most of them work in the ones mentioned above.

All the best!

Cheers man,,,

I was in school (+2) when my goal was to become a CPA. I didn't understand much at the time what it takes to become a certified public accountant, but THAT was my goal in life. One day our teacher from class XII introduced us to a former student and spoke highly about his MBA success and his salary package of Rs. 12 lacs .. In 2002, Rs. 12 lac pay was a big deal. On that day, I gave my dream a definite goal: “I will make my CA, I will be hired by the best organization and I will earn Rs. 12 lacs a day ... "

Fast forward 6 years, I got my final CA in Nov 2008 on the first try with a 400 (se

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I was in school (+2) when my goal was to become a CPA. I didn't understand much at the time what it takes to become a certified public accountant, but THAT was my goal in life. One day our teacher from class XII introduced us to a former student and spoke highly about his MBA success and his salary package of Rs. 12 lacs .. In 2002, Rs. 12 lac pay was a big deal. On that day, I gave my dream a definite goal: “I will make my CA, I will be hired by the best organization and I will earn Rs. 12 lacs a day ... "

Fast forward 6 years, I passed my CA final in Nov 2008 on the first try with a 400 (departed 202 and 198). I was relieved and grateful. (Happiness sinks only after a few days when the feeling becomes believable. Most CAs will relate to that.)

The 2008-09 year was hit by recession so I settled for Rs 4.5 lac in a Big4 in Hyderabad. He was happy, but he wasn't there yet. I was involved in international corporate and tax advisory in my first year as a CA. He moved to Bangalore in the second year, changed companies and handled litigation and corporate taxes there. At the end of the 3.5 years, it was at Rs. 11 lac, after which I took a break for 6 months, returned home and enjoyed my preparation for marriage.

After getting married, I joined the best of the Big4 in Bangalore, this time in the Transfer Pricing team (specializing in a branch of tax) at 12 lac !! I was happy to have my offer letter that day. I stopped smoking after 1.5 years. He had just received a raise of Rs. 13.5 lacs that time. The day I left and gave my farewell speech, I have no regrets and I was glad that ...

  • I fulfilled my naive resolution at school
  • I was part of one of the best professional organizations in the world.
  • He had a lot of experience with almost all kinds of tax scenarios (corporate, international, TP, litigation, advisory) and
  • I was leaving not to join another place as an employee, but to become an entrepreneur and make more dreams of my own!

My journey has been extremely satisfying and satisfying. There were bad moments when I was employed, but I also learned a lot in that phase. Tough bosses made me strong (in a good way), more attentive and focused. When I realized that I no longer enjoyed my job, that I was wasting my precious life on crazy schedules and crazed bosses ... I made my choice.

Sometimes you have to choose happiness ... But that doesn't mean choosing an easy life. Life is tough as a working AC (with all the other responsibilities too)! The important thing is that you have your goals and are consistent. We will get there sooner.

DEFINITELY ENJOYING!

Job profile: Lead developer at an investment bank developing a trading processing platform

Typical weekday:

1. Wake up around 7:30 am, check / reply emails from blackberry.

2. Start for the office around 9:15 am. Please arrive at the office around 10:00 a.m. M.

3. Eat breakfast and then start working for real at 10:30 am. The first half of the day is really the most productive part of the day, as I rarely get calls (except in the event of a production outage) and can focus on development work.

4. Go to lunch around 1:15 pm. Return to desk at 2:00 pm

5. Check with my team to see if anyone is stuck on something. If so, work with th

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Job profile: Lead developer at an investment bank developing a trading processing platform

Typical weekday:

1. Wake up around 7:30 am, check / reply emails from blackberry.

2. Start for the office around 9:15 am. Please arrive at the office around 10:00 a.m. M.

3. Eat breakfast and then start working for real at 10:30 am. The first half of the day is really the most productive part of the day, as I rarely get calls (except in the event of a production outage) and can focus on development work.

4. Go to lunch around 1:15 pm. Return to desk at 2:00 pm

5. Check with my team to see if anyone is stuck on something. If so, work with them and try to resolve the issues before 3:30

6. 15 minute coffee break. Back to desk at 4:00 pm

7. Attend daily scrum call, calls with local management team (India), call QA team (from supplier office)

8. Around 6:00 am, go to the cafeteria, grab some groceries, and take them to the desk.

9. 6: 00–7: 00 pm: Discussion with my manager (who works from New York) about problems, potential problems, job assignment, etc.

10. 7: 00–8: 00 pm: Calls with other New York-based teams that are in the process before or after my application.

11. 8:00 - 10:00 pm: Continue with coding. This is my second most productive part of the day, as there are very few interruptions, except for a production / quality control interruption.

12. 10:00 pm: departure for home. He gets home at 10:20 (yes, the same route, which takes 45 minutes in the morning, can be covered in 15-20 minutes at night. Rush hour traffic sucks).

13. 10: 30-11: 00: dinner

14. 11:00 - 12:30: read a book or watch a video or two on Netflix. Go to sleep around 12:30

Salary: 35 lakhs per year (+ bonus that usually ranges between 10% and 20% of the annual CTC

Verdict: too hectic.

ANSWER 1:

Top 10 highest paid jobs in India

1. Management professionals

Their role is to manage a particular set of tasks for the organization.

Management professionals are the lifeblood of any organization. Their role is to manage a particular set of tasks for the organization. This involves a lot of hard work at the entry level. Once this level is crossed, there is no going back. Professionals at higher levels can demand large amounts.

Entry level: Rs
3.00,000 Mid-career: Rs 25,00,000
Experienced: Rs 80,00,000

2. Investment bankers

They deal only with money and are nicknamed "Money Man".

Investment

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ANSWER 1:

Top 10 highest paid jobs in India

1. Management professionals

Their role is to manage a particular set of tasks for the organization.

Management professionals are the lifeblood of any organization. Their role is to manage a particular set of tasks for the organization. This involves a lot of hard work at the entry level. Once this level is crossed, there is no going back. Professionals at higher levels can demand large amounts.

Entry level: Rs
3.00,000 Mid-career: Rs 25,00,000
Experienced: Rs 80,00,000

2. Investment bankers

They deal only with money and are nicknamed "Money Man".

Investment bankers raise capital for the business and provide financial advice. They deal only with money and are nicknamed "Money Man".

Entry Level - Rs 12,00,000
Middle Career - Rs 30,00,000
Experienced - Rs 50,00,000+

3. Public accountants

This is one of the most respected jobs in India.

Public accountants must have command of business and accounting. They have to be extraordinarily well groomed. This is one of the most respected jobs in India.

Entry Level - Rs 5,50,000
Middle Career - Rs 12,80,000
Experienced - Rs 25,70,000

4. Professionals in the oil and natural gas sector-

This is an industry that makes huge profits.

This is an industry that makes huge profits. Some of the best known professions in this sector include geologists, marine engineers, etc.

Experienced - Rs 15-20 lakhs with all other benefits.

5. Business analyst

Business analysts are vital for any organization to analyze the competition in the market.

With the increasing competition among companies in India, business analysts are vital for any organization to analyze the competition in the market. For this field, companies prefer people with high IQs and logical minds. Business analysts are expected to be well versed in mathematical concepts, open to learning new technology platforms, and have enough knowledge to fill in the gaps in understanding using their keen business sense.

Approximate income: more than 6 lakhs per year at entry level

6. Medical professionals

This profession promises constant professional growth with minimal obstacles to salary.

There is never a recession in the medical field. This profession promises constant professional growth with minimal obstacles to salary.


Average Salary:
General Practitioner - Rs 4,80,000 General Surgeon - Rs 8,10,000
Physician - Rs 17,00,000

7. Aviation professionals

Salaries for aviation professionals go up to Rs 20 lakhs.

The sky is the limit for professionals working in this sector. Salaries for aviation professionals go up to Rs 20 lakhs.

Average Income:
Commercial Pilot - Rs 20,00,000
Helicopter Pilot - Rs 18,00,000
Aircraft Maintenance Engineer - Rs 9,80,000

8. Legal professionals

Top-notch attorneys can demand high packages for a single argument.

Famous lawyers have denied the post of judges in courts just to hang on to their incomes as lawyers. Lawyers require high levels of education, patience and communicative skills. Top notch lawyers can demand high packages for a single argument.

Average Salary:
Corporate lawyer- 6,10,000
Senior attorney- 9,50,000

9. Marketing-

A professional with in-depth knowledge of marketing can become the CEO of a company.

Marketing is an art. If one learns the arts, he/she can join the list of top-notch professionals in India. A professional with in-depth knowledge of marketing can become the CEO of a company.

Average salary:
Entry level- Rs 1,50,000
Mid career- Rs 5,00,000
Experienced- Rs 10,00,000+

10. IT and Software Engineers-

These professionals work around designing, implementation and management of the system.

This is one evergreen profession which pays really well. One has to be very good with computers and computer language. These professionals work around designing, implementation and management of the system.

Average Salary:
Entry level- Rs 3,50,000
Mid Career- Rs 8,30,000
Experienced- Rs 15,50,000

ANSWER 2:

Top 10 highest paying jobs in India which will remain most in demand

1. Chief Risk Officer: Role of CRO has always been understated in Indian banks and NBFCs, and even today, several financial institutions fail to appoint a CRO as a member of their executive team. The rise in NPAs and frauds, both at public as well as private financial institutions, clearly depicts the weakness of risk management function in these institutions. India severely lacks the talent pool of dedicated risk professionals as most of them prefer to move into business roles for career progression. With increasing demand for CROs, this role will become one of the more powerful and sought-after role across financial services industry. CROs with proficiency in big data & analytics and use of technology in building risk management models will be in high demand. As organisations strengthen their risk management teams, demand is expected to come for mid-senior to senior professionals with salaries ranging from Rs 75 lakh to Rs 3 crore.

2. Chief Financial Officer: Traditionally a key role, it has become even more critical for organisations with new the Companies Law placing more personal liability on CFOs for vouching the internal control environment and compliance. CFOs with experience in capital restructuring, investor relations and fund raising are in high demand. In emerging organisations, the role has moved beyond accounting & reporting to a key partner who contributes in strategic planning & revenue maximisation. With increased scrutiny & personal liability, CFO candidates have also become selective in accepting new assignments. Salaries for CFOs have gone up to Rs 1–1.5 cr for a mid-size organisation and up to Rs 3-4 cr for large organisations.

3. Head of R&D: Sectors such as automotive, telecom and pharmaceuticals continue to increase their spend on R&D, with demand for R&D professionals across levels. The demand is expected to rise significantly as global organisations continue to establish and expand their captive R&D centres in India, competing directly for talent with Indian companies. Engine optimisation, electrical batteries, body engineering are some of the areas with R&D talent is in demand in the automotive sector. Also, professionals with skills in Android & 5G network technologies are being aggressively recruited by telecom players while pharma companies continue to look for R&D talent in cancer, diabetes & cardio. Depending upon the area of research, an entry-level R&D engineer salary can range from Rs 10-25 lakh, going up to Rs 2-4 cr for a senior R&D leader.

4. Company Secretary: Role of Company Secretary came to limelight only after the new Companies Bill was introduced. For long the role stayed under the shadow of CFO & Legal Head, which resulted in low enrolment, thereby resulting in a huge deficit of talent pool. With Company Secretary being designated as one of the three Key Managerial Professional (KMP) besides CEO & CFO, the demand for experienced candidates with experience in managing board affairs & knowledge of securities laws has risen exponentially. The role has also become more visible with most company secretaries now reporting directly to Board Chair or CEO. Salaries for Company Secretaries with experience ranging from 15-25 years have gone up from Rs 35-50 lakh to Rs 75 – 2 cr.

5. Chief Digital Officer: As companies continue to divert more of their marketing budgets to digital and organisations adapt to rapid digitization, the role of Chief Digital Officer (CDO) is emerging as one of the strongest in recent times, coming out of the shadows of CIO & CMO, who historically controlled digital initiatives. Gradually, the role is carving out its own place in organisation structure with CDOs reporting directly to CEOs. Demand for professionals who can lead digital initiatives in an organisation is increasing rapidly at mid-senior to senior levels with salaries ranging from Rs 75 lakh to Rs 1.75 cr.

6. CIO: CIOs were never out of demand. The need for progressive CIOs is growing further as organisations strive to leverage emerging technologies such as AI, data mining & analytics and IoT to automate their processes & generate ROI on IT investments. With demand for such CIOs coming from traditional sectors such as textiles, power, logistics & automotive, CIOs will continue to be one of the hot jobs in the years to come. Average salaries for CIOs have moved from Rs 75 lakh to Rs 1.5 cr.

7. Legal Counsel: While companies are trying to reduce litigation and legal budgets, legal & compliance risk is growing & becoming a complex task, which is forcing companies to hire a capable legal counsel. Focus is shifting from contract management & regulatory compliance to managing organisation’s risk, international arbitrations & settlements, protection of IP and M&A. Due to a limited pool of such experienced in-house counsels, the average age & experience for legal heads has come down to 14-16 years, while average salary has moved up from Rs 75 lakh to Rs 1.25 cr, which can go up to Rs 3-4 cr for a large enterprise.

8. Chief Product Officer: The surge in demand for Head of Product or Chief Product Officer can be attributed to the huge investments which online & start-up ventures have attracted in the last 5 years. With constant pressure on getting the product right & generating revenue, the demand for experienced product development professionals has been significant, with industry also tapping the expat talent pool from the Silicon Valley. Demand would continue from sectors which use technology at its core. The Indian startups will also continue to generate demand for this profile, as long as they attract investments. Salaries for Chief Product Officers can range from Rs 1.25 cr to Rs 5 cr, depending upon experience & track record.

9. Cyber and Information Security professionals: Cyber security & data privacy risks are becoming global, forcing Indian companies to prepare their capability to prevent such hacks. Information security has been historically a key responsibility of CIO/CTO but with increasing risks of sophisticated cyber-attacks, demand for cyber security professionals is expected to go up significantly. Sectors such as banks, insurance companies, power, payment wallet, telecom & healthcare, which use and store customer data, are now beefing up their cyber-security capabilities, generating demand for mid to senior level professionals with salaries ranging from Rs 25 lakh to Rs 1.25 cr.

10. Chief Audit Executive: After the introduction of new Companies Bill in 2013, the role of Chief Audit Executive (CAE) has become more prominent & accountable, with CEO, CFO & Audit Committee relying heavily on CAE to manage enterprise risks. More & more organisations are establishing direct reporting relationship between CAE & Audit Committee, with organisations demanding audit professionals who are conversant with managing Board of Directors, can manage risks and advise management on strengthening internal control environment. Average salary for Chief Audit Executive has gone up to from Rs 75 lakh to Rs 1.2 cr, with large organisations paying their Chief Auditor between Rs 1.5 to Rs 2.5 crore.

I have a collegiate accounting degree in 2013 with multiple attempts. As you may know, students who qualify on multiple attempts are less likely to get a good package.

In campus placement, even though I was shortlisted by two major companies, I was unable to land the desired job. Therefore, I continued with my existing firm (where I did my internship). Being a small company, I was offered a salary of Rs 25,000 / - pm during 2013 until March 2014.

Later, I joined one of the top 20 CA audit firms in Delhi for a package of Rs 30,000 / - per month plus an allowance ranging from 200-400 per day in Audit.

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I have a collegiate accounting degree in 2013 with multiple attempts. As you may know, students who qualify on multiple attempts are less likely to get a good package.

In campus placement, even though I was shortlisted by two major companies, I was unable to land the desired job. Therefore, I continued with my existing firm (where I did my internship). Being a small company, I was offered a salary of Rs 25,000 / - pm during 2013 until March 2014.

Más tarde, me uní a una de las 20 principales firmas de auditoría de CA en Delhi por un paquete de 30.000 rupias al mes más una asignación que oscila entre 200 y 400 por día en los días de auditoría. El salario mensual efectivo fue de alrededor de 35.000 rupias / - por mes.

After 3 months, I cleared one of the examination conducted by SBI for Specialist officer and joined the Bank from September 2014. Being on payroll, I was eligible for many perks. I was getting in hand salary of around Rs.40000/- apart from lease accommodation and other perks which may be valued at Rs.30,000/- which were saving my cash outflow.

After two years and four months I switched to Axis Bank in January 2017. The gross salary amounts to Rs.1.12 lac pm. In hand salary comes to Rs.98,000 p.m. Apart from that, the Bank has annual review system based on this, Bonus is awarded to the employee ranging from Rs.2 lacs to 4 lacs.

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El salario promedio de un contador colegiado con experiencia de cinco años varía entre Rs. 0 / - a Rs. Infinito, porque tu trabajo define tu salario. Cuanto mejor sea tu trabajo, mejor te pagarán. Hay muchos contadores colegiados del mismo lote, pero algunos están ganando millones de rupias hoy, mientras que otros todavía buscan un trabajo decente.

Although one thing to keep in mind is that you will never get a very high salary like new, unless you are an exceptional student. On average, a fresher would earn a salary of five lakh to twelve lakh per year.

If you want to earn more

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The average salary for a Chartered Accountant with five years experience varies between Rs. 0 / - to Rs. Infinite, because your job defines your salary. The better your job, the better you will be paid. There are many chartered accountants on the same lot, but some are earning millions of rupees today, while others are still looking for a decent job.

Although one thing to keep in mind is that you will never get a very high salary like new, unless you are an exceptional student. On average, a fresher would earn a salary of five lakh to twelve lakh per year.

If you want to win above that belt, you must do the following:

  • Get good grades on the IPCC, preferably a rank, so you get an article in a Big Four firm.
  • Hazlo bien en Articleship, aprende los aspectos prácticos a fondo.
  • Get good marks in Final, preferably a Rank and thus, you will get the opportunity to be interviewed by a big company. Hold on, I have used the word opportunity to be interviewed, keep reading.
  • If you do well in the interview, for which you need to have above mentioned things, besides communication skills and a good heart, then you might end up working in a Company with above Average Salary. Still hold on, I said above average salary, but the average pay itself is low, so although you get above average, you are still not earning a lot of money.
  • Now here onwards, once you get first job, all these past things go in dustbin, not at once, but year by year their importance gets lower, because here onwards, all that will matter is your work experience and how worthy you are for the company.
  • So if you have good work experience and you are really an asset for any company that you work for, after switching 3-4 jobs, you will probably find your dream job with dream salary.
  • Now all you have to do is - be the best in this company, climb the ladder day by day and faster you do that, earlier you will be amongst the top notch Chartered Accountants.

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