Are many ca s underpaid?

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P waitforit S (Querist)
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09 July 2012 Im a student of the Institute.I ve heard many of my friends takin up offer packages as low as Rs 2,40,000 per annum or even worse after having cleared in 2nd attempt....
but viewing the wide spectrum of abilities that a CA possess,shouldnt they be paid the highest in india?...I mean, its the toughest to clear ;is it not a factor for determining the salary? Even a b com graduate takes home more than that!

Ki$hor B

Ki$hor B (Expert)
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09 July 2012 Unfortunately it's true.

No disrespect for the profession - have seen CAs working for as low as 15000 pm.

There's no answer to such sweeping Qs.

Just hope for the best.

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C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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21 July 2012 The payment is decided on the basis of caliber, quality and applicability of professional quality. If all will get very high pay then there should not have been any ranking system or marks system.

Those who are average CA they do work at a lower salary as they themselves know that they cannot get good pay or even they may not compete with others so they opt for it. This salary is generally paid by CA firms and not in industry. Why low pay in CA firm is that the % of work do not exceed in the same direction that of the examination result or freshers coming in the filed.

The question which you have raised is quite debatable and it is very difficult to defend the issue.

Let me give you one example if a businessman gets a CA at lower rate then he prefers to shunt his accountant and feels proud to keep a CA.

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