Mumbai or Ahmedabad - Where to move - Practicing CA

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A Chartered Accountant earning £100k/month is seeking advice on relocating their practice from Mumbai to Ahmedabad. They are interested in the scope, employee availability, and competition for services like GST, Income Tax, Accounting, and Audit, while also being open to specialisations like Transfer Pricing or IFRS. Initial advice suggests Mumbai offers more opportunity but has a higher cost of living and office space challenges, recommending a job there first before setting up practice, or considering Ahmedabad as an alternative.

TKKKKKK

TKKKKKK (Querist)
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03 June 2022 Hi,
I am running my small practice and earning around 100k/mo.
I want to move to other city and considering Mumbai or Ahmedabad.
I want to know the scope, employee resources, and competition in these two cities.
I am considering below work:
1. GST
2. Income tax
3. Accounting
4. Audit
However, I am open to work in other area like transfer pricing or IFRS.
Any thoughts regarding this will be appreciated.
Thanks.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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03 June 2022 Mumbai will be right place for you.

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TKKKKKK

TKKKKKK (Querist)
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03 June 2022 Thank you sir.
I am bit concerned about cost of living in Mumbai.
What should be best first move if I want to get started in practice there?
Apologies if I am asking too much.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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04 June 2022 Yes, cost of living is more in Mumbai.
It will be difficult to get office space.
Hence try Ahmedabad.

Intially try for a job in Mumbai later set-up practice.

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