Ca profession - various ratio & viability factors

MEMBERS DATA  ON 01.04.2012

MEMBERS IN PRACTICE(FULL TIME)                    83244

MEMBERS PART TIME PRACTICE& OTHER AREAS 109261

TOTAL MEMBERS                                                           192513

population/ca ratio   total                                   12000 lac/1.92513 lac= 6233

population/practising ca                                   12000/.83244 lac= 14415

non practising ca                                             12000/1.09269= 10982

eligible population on one ca practising=   14415*50%= 7207(50% population of india more than 25 years of age so they eligible business persons for a ca)

hence income of practising ca  will be as under

at least 10% population need income tax files(assuming) 7200*10%= 700

income from income tax files per annum. 700x1000= 700000

indirect taxation work   assuming 50 files =        50x2000= 100000

other income 100000

coaching income assuming 10000p.m.  120000

bank audit 50000

auditing income 200000

hence total income of ca after 2-3 years of practice likely to be 7+1+1+1.2+.5+2= 12.7 lac

happy chartered accountant life

owner of his time..........

population source:https://www.indiaonlinepages.com/population/india-current-population.html

menbers source: https://icai.org/new_category.html?c_id=205