The Top 10 Highest Paid CA in India 2024

Many people in India’s financial and accounting fields have achieved professional success and accumulated substantial riches. Chartered accountants are among these skilled experts; their knowledge goes beyond figures to achieve financial success. In this analysis, we examine the financial achievements and prowess of India’s top 10 richest chartered accountants, emphasizing their path to success in the accounting and finance industries. Here we are talking about The Top 10 Highest Paid CA in India 2024.

Here are the Top 10 Highest paid CA in India in 2024:

Kumar Mangalam Birla

As the Chairman of the powerful Aditya Birla Group, a multimillionaire entrepreneur, and a philanthropist, Kumar Mangalam Birla stands out among India’s wealthiest chartered accountants. His services go beyond boardrooms to include public concerns such as improving access to healthcare and education for underprivileged people. 

His impressive educational background—an MBA from the London Business College and the esteemed designation of Chartered Accountant—often impresses people. His prominent position among the wealthiest chartered accountants in India is further highlighted by his unusual combination of financial skill and philanthropy. He is the highest-paid CA in India.

Deepak Prekh

Standing tall among India’s wealthiest chartered accountants, Deepak Parekh is the chairman of the HDFC Group, a prominent home financing provider. In addition to his commercial skills, Parekh is a strong proponent of CSR, believing that businesses should contribute to society and consider the interests of all parties involved, not just shareholders. 

Parekh has extensive international experience and is actively involved in advisory positions for notable organizations such as the City of London Finance Committee and the Indo-US CEO Forum. Acknowledged for his exceptional achievements, he has been bestowed with several accolades, such as the Padma Bhushan in 2006, which cemented his reputation as a notable personality among India’s richest chartered accountants.

Rakesh Jhunjhunwala

The CA profession has gained respect because of Mr. Rakesh Jhunjhunwala, frequently called the “Indian Warren Buffett.” Renowned for his prowess in stock trading and investing, this Indian millionaire leads Rare Enterprises, his asset management company, as a partner and actively manages his portfolio. 

Jhunjhunwala, known as “An Investor with a Midas Touch,” has amassed an estimated net worth of $5.8 billion as of December 2021, placing him 48th among India’s Richest Chartered Accountants. Thanks to his mastery of finance, his accomplishments demonstrate the important contribution chartered accountants can make to wealth building. He was the highest-paid CA in India.

Motilal Oswal

Among India’s Richest Chartered Accountants, Motilal Oswal, a former chartered accountant now the founder and managing director of Motilal Oswal Financial Services Ltd., stands out significantly. Oswal began his commercial career in 1987. The Government of India recognized his accomplishments as one of the top-income taxpayers for an impressive five years by awarding him the “Rashtriya Samman Patra,” a testament to his financial achievement.

The Institute of Chartered Accountants of India awarded him the title of “Excellent Business Achiever in Financial Services” in recognition of his achievements in the financial services industry. This double acknowledgment demonstrates Motilal Oswal’s significant influence in the business and professional spheres.

Naina Lal Kidwai

Indian banker, chartered accountant, and business professional Naina Lal Kidwai is the Group General Manager and Country Head of HSBC India. She had a stellar career and created history by being the first Indian woman to graduate from Harvard Business School. Kidwai, an Indian trailblazer and inspiration to other women, has received recognition for her extraordinary accomplishments, including the Padma Shri award from the Indian government.

Her narrative demonstrates her financial savvy and acts as a role model for future professionals, making her one of India’s wealthiest chartered accountants. She is the highest-paid CA in India.

Nirmal Jain

The remarkable title of Founder and Chairman of the financial behemoth India Infoline Group (IIFL – India Infoline Finance Ltd) is held by Nirmal Jain, an Indian billionaire businessman. His membership in the Institute of Chartered Accountants of India, which many may not be aware of, attests to his proficiency in finance. After completing his post-graduation studies at IIM Ahmedabad, Jain started working for Hindustan Unilever Limited in 1989. 

He then founded the IIFL Group in 1995, which began as an independent stock research firm in India. Jain has led the group’s growth over the previous 25 years while keeping a laser-like concentration on financial services. 

Radhe Shyam Agarwal

One of the nation’s most well-known businessmen, Radhe Shyam Agarwal, is the executive chairman and co-founder of the varied Emami Group. This multinational corporation is involved in the FMCG, paper, real estate, culinary oils, cement, and healthcare industries. Agarwal is a successful entrepreneur, chartered accountant, and company secretary. 

In addition to earning an LLB and an M.Com. From Calcutta University, he completed his studies at St. Xavier’s College in Kolkata. Agarwal’s diverse skill set makes him one of India’s wealthiest chartered accountants, demonstrating how a background in chartered accountancy can lead to success in various businesses. Thus, it is one of the highest-paid CAs in India.

V. Mohandas Pai

The CA profession is proud of and inspired by CA Mohandas, who Finance Asia named the “Best CFO in India.” He is a superb example of financial leadership, having led several important departments at the Infosys Leadership Institute and served as a previous director of Infosys over his impressive career. Mohandas demonstrates the wide range of knowledge that chartered accountants can contribute to the forefront. 

She holds a bachelor’s degree in commerce from St. Joseph’s College of Commerce, a bachelor’s degree in law (LLB) from Bangalore University, and an esteemed fellowship from the Institute of Chartered Accountants of India (ICAI). His accomplishments and achievements highlight his important place among India’s Wealthiest Chartered Accountants.

N. Manoharan

The accomplished chartered accountant T.N. Manoharan has a commanding and powerful presence. He has been the ex-president of the Institute of Chartered Accountants of India and the ex-chairman of Canara Bank, India’s fourth-biggest public sector bank.
Manoharan has made significant contributions to the field. 

He was selected as one of the six members representing the Government of India in reorganizing the scandal-plagued Satyam Computer Services. His position as one of India’s Richest Chartered Accountants was cemented in 2010 when the esteemed Padma Shree award was given in recognition of his extraordinary accomplishments.

Aroon Purie

One of India’s largest media conglomerates is led by Aroon Purie, the founding chairman and former editor-in-chief of the India Today Group. In addition to his significant contribution to the media, Purie holds a chartered accountancy qualification. In addition to being Chairman and Managing Director of TV Today, he is the Managing Director of Thomson Press Limited. 

He has been bestowed with the esteemed Padma Bhushan Award for his noteworthy accomplishments. Aroon Purie is one of the Richest Chartered Accountants in India because of his remarkable journey, demonstrating the range of accomplishments attainable in chartered accountancy.

Here are the Top 10 Highest Paid CA in India with their Designation;

FAQs

Which group is Kumar Mangalam Birla chairman of?

As the Chairman of the powerful Aditya Birla Group, a multimillionaire entrepreneur, and a philanthropist, Kumar Mangalam Birla stands out among India’s wealthiest chartered accountants. His services go beyond boardrooms to include public concerns such as improving access to healthcare and education for underprivileged people. 

Which bank is Deepak Prekh chairman of?

Standing tall among India’s wealthiest chartered accountants, Deepak Parekh is the chairman of the HDFC Group, a prominent home financing provider. In addition to his commercial skills, Parekh is a strong proponent of CSR, believing that businesses should contribute to society and consider the interests of all parties involved, not just shareholders. 

Who is called Indian Warren Buffet?

The CA profession has gained respect because of Mr. Rakesh Jhunjhunwala, frequently called the “Indian Warren Buffett.” Renowned for his prowess in stock trading and investing, this Indian millionaire leads Rare Enterprises, his asset management company, as a partner and actively manages his portfolio. 

Which group was Motilal Oswal, the director of?

Among India’s Richest Chartered Accountants, Motilal Oswal, a former chartered accountant now the founder and managing director of Motilal Oswal Financial Services Ltd., stands out significantly. Oswal began his commercial career in 1987. The Government of India recognized his accomplishments as one of the top-income taxpayers for an impressive five years by awarding him the “Rashtriya Samman Patra,” a testament to his financial achievement.

Where did Ms.Naina Lal Kidwai graduate from?

Indian banker, chartered accountant, and business professional Naina Lal Kidwai is the Group General Manager and Country Head of HSBC India. She had a stellar career and created history by being the first Indian woman to graduate from Harvard Business School. Kidwai, an Indian trailblazer and inspiration to other women, has received recognition for her extraordinary accomplishments, including the Padma Shri award from the Indian government.

Which group is Nirmal Jain the founder and chairman of?

The remarkable title of Founder and Chairman of the financial behemoth India Infoline Group (IIFL – India Infoline Finance Ltd) is held by Nirmal Jain, an Indian billionaire businessman. His membership in the Institute of Chartered Accountants of India, which many may not be aware of, attests to his proficiency in finance. After completing his post-graduation studies at IIM Ahmedabad, Jain started working for Hindustan Unilever Limited in 1989. 

Which corporation is Radhe Shyam Agarwal involved in?

One of the nation’s most well-known businessmen, Radhe Shyam Agarwal, is the executive chairman and co-founder of the varied Emami Group. This multinational corporation is involved in the FMCG, paper, real estate, culinary oils, cement, and healthcare industries. Agarwal is a successful entrepreneur, chartered accountant, and company secretary. 

Conclusion

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