
GST & Tax Alerts
June 12, 2025 at 01:40 PM
🇮🇳 India’s Own Big 4 ❓
A Game-Changer for CA, CS, and Advisory Professionals 💼✨
🧠: The PMO just held a high-level meeting to create India’s own version of the Big 4 — EY, KPMG, Deloitte, PwC.
👉 Objective? Build world-class Indian advisory firms that can compete globally.
💥 This could completely change the way India does business — both domestically and internationally.
🧾 Why This Is a BIG Deal 👇
1️⃣ India = Talent Powerhouse
🔹 Most of the top global firms are already filled with Indian CAs & accountants.
🔹 Indian professionals are trusted globally for their technical skills, ethics, and hard work.
🔹 So why not have Indian firms lead globally instead of working under foreign logos?
2️⃣ We Rely Too Much on Foreign Firms
🔸 Big 4 handle ~67% of India Inc.’s audits (FY25).
🔸 Indian companies are heavily dependent on foreign firms for audit & advisory.
🔸 This restricts our strategic autonomy in financial decision-making.
💥 We need Indian champions to lead the game!
3️⃣ Global Recognition Needs Global Scale
🌍 If Indian CA firms want to go global:
▪️ They need to do joint ventures abroad
▪️ Follow foreign regulations
▪️ Compete with mega-sized players
But right now, Indian rules don’t allow many such tie-ups.
⚠️ It’s time to change that!
4️⃣ India’s Time is NOW 🚀
🔺 Indian startups are going global
🔺 Indian MNCs are expanding abroad
🔺 Indian economy is growing fast
👉 Who will manage this complex growth?
👉 Who will advise these companies?
✅ Answer: Indian CA, CS & Finance Professionals.
5️⃣ It’s Not Just About Tax Saving Anymore 😬
Gone are the days when CA = “Audit + Tax saving for individuals”.
Now:
📊 CAs are leading corporate governance
📈 Handling IPOs, M&As
💰 Managing global capital flow
🤝 Advising unicorns & listed firms
➡️ The profession has evolved, and so should our ambition.
6️⃣ Time to Build Indian Giants 🏢🇮🇳
We need firms that can:
✔️ Offer Audit + Advisory + Risk + Strategy
✔️ Employ 10,000s of professionals
✔️ Build careers for Indian CA/CS at home
✔️ Represent India in Fortune 500 boardrooms
💥 Think McKinsey, Deloitte, PwC – but Indian!
7️⃣ Govt + ICAI + Professionals = 🔐
✅ Government is finally showing vision + intent
✅ ICAI is revising foreign network guidelines
✅ CAs & CSs from Tier-2, Tier-3 cities must dream bigger
Let’s build global brands, not just small tax firms.
This isn’t just about “creating Big 4”.
This is about creating a financial legacy for Bharat — driven by knowledge, ethics, and global vision.
📢 It’s time Indian finance professionals stop playing supporting roles in global firms…
🔥 and start leading the show under our own flag!
❤️
👍
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