Borkar & Muzumdar, Chartered Accountants Accountant Salaries by 5 Employees

2 - 6 years exp.

₹1.2 Lakh - ₹2.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

50% less than the average Accountant Salary in Accounting & Auditing Companies for 2 - 6 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Borkar & Muzumdar, Chartered Accountants for Accountant

Company name	Avg Annual Salary	Open Jobs
Cogneesol Accountant Salary 1 - 5 years exp. (20 salaries)	₹2.1 L/yr - ₹4.2 L/yr 89% more
Mercurius Advisory Services Accountant Salary 1 - 6 years exp. (14 salaries)	₹2.4 L/yr - ₹5 L/yr 118% more	1 job opening
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Escalon Business Services Accountant Salary 3 - 11 years exp. (13 salaries)	₹3 L/yr - ₹10 L/yr 242% more
Corient Business Solutions Accountant Salary 1 - 10 years exp. (13 salaries)	₹1.8 L/yr - ₹7.2 L/yr 138% more
Auditics Private Limited Accountant Salary 0 - 6 years exp. (12 salaries)	₹1.8 L/yr - ₹3 L/yr 69% more
Manubhai Shah Accountant Salary 0 - 8 years exp. (9 salaries)	₹1.8 L/yr - ₹5 L/yr 102% more	7 job openings
RSM India Accountant Salary 1 - 12 years exp. (8 salaries)	₹2 L/yr - ₹7.5 L/yr 166% more
Bluechip Corporate Investment Centre Accountant Salary 0 - 6 years exp. (8 salaries)	₹1.7 L/yr - ₹2.9 L/yr 26% more
H&R Block Accountant Salary 0 - 4 years exp. (7 salaries)	₹3.3 L/yr - ₹5.6 L/yr 131% more
ASA & Associates Accountant Salary 3 - 9 years exp. (6 salaries)	₹2.3 L/yr - ₹5.2 L/yr 131% more
AccSource KPO Accountant Salary 3 - 10 years exp. (6 salaries)	₹5.7 L/yr - ₹10.5 L/yr 353% more
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Mahajan & Aibara Accountant Salary 3 - 15 years exp. (4 salaries)	₹3.5 L/yr - ₹5.5 L/yr 159% more
S.S. Kothari Mehta & Co Accountant Salary 4 - 6 years exp. (4 salaries)	₹3 L/yr - ₹3.6 L/yr 95% more
NAV Backoffice Accountant Salary 3 - 4 years exp. (4 salaries)	₹3.5 L/yr - ₹7 L/yr 227% more
Jcss Consulting Accountant Salary 2 - 15 years exp. (3 salaries)	₹5.6 L/yr - ₹6.7 L/yr 262% more
Sharp & Tannan Associates Accountant Salary 5 - 8 years exp. (3 salaries)	₹2.7 L/yr - ₹3.5 L/yr 78% more
Janaswamy Associates Accountant Salary 1 - 3 years exp. (3 salaries)	₹2 L/yr - ₹5 L/yr 99% more
FinAdvantage Accountant Salary 5 - 6 years exp. (3 salaries)	₹4.1 L/yr - ₹5 L/yr 159% more	1 job opening

Accountant salary at Borkar & Muzumdar, Chartered Accountants ranges between ₹1.2 Lakh to ₹2.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Borkar & Muzumdar, Chartered Accountants.

Experience wise Borkar & Muzumdar, Chartered Accountants Accountant salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr
3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.6 L/yr
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4 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.9 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr

Similar Designation salaries in Borkar & Muzumdar, Chartered Accountants

Accounting Staff Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Account Assistant Salary

(7 salaries)

₹0.9 L/yr - ₹2 L/yr

Audit Assistant Salary

(35 salaries)

₹1.2 L/yr - ₹4 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Senior Accounts Executive Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Salary related reviews for Borkar & Muzumdar, Chartered Accountants

Audit Executive in Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 08 Jul 2023

2.0

for Salary and Benefits

Likes

Workplace environment is somewhat good.

Dislikes

1. Salary and increments are not as per industry standard. This is the issue faced by employees working under all partners. Many employees left this firm since last 2-3 years due to dissatisfaction with salary. 2. No incentives such as annual bonus, performance bonus are provided to employees. 3. HR policy and rules regarding many factors such as pay scale, increment cycle, parameters for appraisal, maternity leave etc. are unclear. There are different rules for different people. 4. Exposure and job satisfaction depend upon the partner. Unfortunately, I worked under a wrong partner and had an unsatisfactory experience. I had been promised a lot of things in terms of exposure and increment, which I never received.

Salary - Poor

+4 more

Audit Executive in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 20 Jun 2020

2.0

for Salary and Benefits

Likes

I cannot see anything good in this firm and during covid, they don't inform us and deduct out salaries. They don't pay for internet and we have to spend extra, earn lesser. One partner said buy new laptop from your own money during Covid times.

Job security - Good

Dislikes

... 2. They change policy as per situation and the policy will never benefit you 3. No paid leaves at all and they will deduct half day salary as well 4. Only 2-3 partners have big work, rest majority partners don't have good work

Salary - Poor

+4 more

Assistant Auditor

Finance & Accounting Department

5.0

• posted on 04 Apr 2019

2.0

for Salary and Benefits

Likes

...02-2016 but i join again 01-04-2017 to till date do not increment even one time. The main problem of salary issue.. Thank you..

Dislikes

Salary issue

Salary - Poor

+2 more

Audit Manager, Tax Consultant

Finance & Accounting Department

4.0

• posted on 15 May 2018

4.0

for Salary and Benefits

Likes

A good CA firm to work with. Anybody desirous of making a career in Service sector industry, can join B&M for initial work experience. Good firm from articleship view point.

Salary - Good

+3 more

Dislikes

The compensation to Professionals is a bit towards lower side.

Audit Manager in Mumbai

Finance & Accounting Department

2.0

• posted on 30 May 2022

2.0

for Salary and Benefits

Likes

Co workers and articles here are very good. Good work environment at junior and mid level.

Job security - Good

+1 more

Dislikes

Partners here are not co operative also no guidance is given related to work. you have to do all the work on your own. at a times partners also talk in very rude and derogatory manner. no respect is given by the partners.

Salary - Poor

+4 more

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Borkar & Muzumdar, Chartered Accountants Accountant Salary FAQs

What is the salary of Accountant at Borkar & Muzumdar, Chartered Accountants ?

The average salary of a Accountant at Borkar & Muzumdar, Chartered Accountants in India typically ranges from ₹1.2 Lakhs to ₹2.5 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Accountant at Borkar & Muzumdar, Chartered Accountants earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Accountant Salaries at Borkar & Muzumdar, Chartered Accountants can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Borkar & Muzumdar, Chartered Accountants employees in India.

What is the estimated take home salary of a Accountant at Borkar & Muzumdar, Chartered Accountants in India?

The estimated take-home salary of a Accountant at Borkar & Muzumdar, Chartered Accountants in India typically ranges from ₹11,493 to ₹12,757 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from 2 years to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Borkar & Muzumdar, Chartered Accountants. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Borkar & Muzumdar, Chartered Accountants for Accountant in India?

AccSource KPO	₹5.7 Lakhs to ₹10.5 Lakhs per year
Jcss Consulting	₹5.6 Lakhs to ₹6.7 Lakhs per year
Escalon Business Services	₹3.0 Lakhs to ₹10.0 Lakhs per year
NAV Backoffice	₹3.5 Lakhs to ₹7.0 Lakhs per year
RSM India	₹2.0 Lakhs to ₹7.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Borkar & Muzumdar, Chartered Accountants, depending on the role and experience level.

What is the salary of a Accountant in companies similar to Borkar & Muzumdar, Chartered Accountants in India?

The salary of a Accountant at companies similar to Borkar & Muzumdar, Chartered Accountants in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahajan & Aibara	₹3.5 Lakhs to ₹5.5 Lakhs per year
FinAdvantage	₹4.1 Lakhs to ₹5.0 Lakhs per year
Corient Business Solutions	₹1.8 Lakhs to ₹7.2 Lakhs per year
ASA & Associates	₹2.3 Lakhs to ₹5.2 Lakhs per year
H&R Block	₹3.3 Lakhs to ₹5.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Accountant at Borkar & Muzumdar, Chartered Accountants in India?

The salary growth for a Accountant at Borkar & Muzumdar, Chartered Accountants depends on factors such as experience, performance, and promotions. On average, a Accountant can expect the following growth trajectory at Borkar & Muzumdar, Chartered Accountants:

Experience	Average Salary Range
2 years	₹1.1 Lakhs to ₹1.4 Lakhs per year
3 years	₹1.2 Lakhs to ₹1.6 Lakhs per year
4 years	₹1.5 Lakhs to ₹1.9 Lakhs per year
5 years	₹1.8 Lakhs to ₹2.2 Lakhs per year

and so on.

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Borkar & Muzumdar, Chartered Accountants Accountant Salaries

Borkar & Muzumdar, Chartered Accountants Accountant salary in India ranges between ₹1.2 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Borkar & Muzumdar, Chartered Accountants latest salaries received from various employees of Borkar & Muzumdar, Chartered Accountants.