Accountant CAG Salary Per Month & Allowances
Accountant (CAG) salary begins under Pay Level 5 of the 7th Pay Commission, with basic pay ranging from ₹29,200 to ₹92,300 per month. The role, falling under Group ‘C’ in the Indian Audit & Accounts Department (IA&AD) under CAG, includes allowances like DA, HRA, and TA, along with structured growth and government benefits. This provides stable earnings and career progression.
Accountant CAG Salary Structure Table
| Component | Amount (Per Month) |
|---|---|
| Basic Pay | ₹29,200 |
| Dearness Allowance (DA ~17%) | ₹4,964 |
| House Rent Allowance (HRA, X-city – 24%) | ₹7,008 |
| Transport Allowance (TA, X-city) | ₹3,600 |
| Gross Salary (approx., X-city) | ₹44,772 |
| Deductions (NPS, CGHS, etc.) | ₹3,900 (Approx.) |
| In-Hand Salary | ₹40,872 (Approx.) |
Basic Pay
The base salary for Accountant (CAG) lies at Level 5 under the 7th CPC matrix, spanning ₹29,200 to ₹92,300. It is the foundation for calculating DA, HRA, and TA. Incremental increases accrue annually, offering gradual but reliable rise in earnings.
Allowances
Allowances include Dearness Allowance (~17% of basic), House Rent Allowance varying by city category (24% X, 16% Y, 8% Z), and Transport Allowance (~₹3,600 in metro cities). These significantly enhance the overall salary of an Accountant (CAG).
Deductions
Deductions typically involve National Pension System (NPS) contributions, CGHS medical contributions, and similar statutory obligations. At entry level, monthly deductions average around ₹3,900, impacting the net in-hand salary.
Perks & Benefits
- Medical coverage: CGHS or equivalent
- Pension and gratuity benefits post-retirement
- Transport allowance and commuting perk
- Leave Travel Concession (LTC)
- Job security in central government service
- Annual increments and promotion-linked salary hikes
Accountant (CAG) Salary After 5 Years
After around five years, basic pay may approach the mid-range of Level 5 (approximately ₹45,000), with allowances pushing gross monthly salary to ₹60,000 or more. This reflects regular increments and potential early promotions.
Salary After 10 Years
With a decade of experience, an Accountant (CAG) may reach the upper end of Level 5 or get promoted to higher levels (e.g., Level 6). Basic pay could then be around ₹70,000–₹80,000, taking gross monthly salary above ₹1,00,000 including allowances.
Job Profile
| Designation | Role |
|---|---|
| Accountant (CAG) | Maintains accounts, audits transactions, and verifies financial records in government departments. |
| Senior Accountant | Supervises accounts processing and accuracy across divisions. |
| Audit Officer | Oversees auditing, ensures compliance, and compiles audit reports. |
| Senior Audit Officer / Deputy Accountant | Manages financial and audit operations at higher levels with broader oversight. |
Career Growth & Promotion
Accountant (CAG) salary increases over time through promotions—Senior Accountant, Audit Officer, Deputy Accountant, etc. Each transition brings higher pay levels and elevated responsibilities within the Indian Audit & Accounts structure.
Comparison with Similar Jobs
| Post | Entry Basic Pay | Approx. Gross Salary (X-City) |
|---|---|---|
| Accountant (CAG) | ₹29,200 | ₹44,000–₹45,000 |
| Auditor (CAG) | ₹29,200 | ₹40,000–₹55,000 |
| Divisional Accountant (SSC CGL, Level 6) | ₹35,400 | ₹55,000–₹65,000 |
| SSC AAO (Level 7) | ₹44,900 | ₹75,000+ |
Conclusion
Accountant (CAG) salary offers a structured progression, beginning at ₹29,200 with various allowances, leading to steady in-hand earnings. Career longevity, promotions, and expected enhancements under the 8th Pay Commission further add to its allure. Overall, the role blends financial stability and progression in central audit services.
Accountant CAG Salary FAQ
What is the starting salary of an Accountant (CAG)?
The starting basic pay is ₹29,200 per month (Level 5, 7th CPC).
What is the in-hand salary of Accountant (CAG)?
In-hand salary in X-cities is approximately ₹40,000–₹45,000 per month after allowances and deductions.
What allowances does Accountant (CAG) receive?
They receive DA (~17%), HRA (8–24% depending on city), and Transport Allowance, among others.
What will the salary be after 5 years?
Basic pay may reach around ₹45,000, with gross monthly salary exceeding ₹60,000.
How much will it be after 10 years?
Basic pay may rise to ₹70,000–₹80,000 with gross monthly salary surpassing ₹1,00,000.
Will Accountant (CAG) salary increase under the 8th Pay Commission?
Yes, the 8th Pay Commission is expected to revise pay scales and allowances upward, enhancing compensation.