
Prateek Garg & Company
June 14, 2025 at 05:27 AM
Local CA firms seek relief in Big 4 push
Indian CA firms are demanding relaxation in existing norms—especially restrictions on advertising, external funding, and partnership with non-ICAI members—under the CA Act, 1949. They argue these hinder their growth compared to Big 4 firms. The government is considering reforms to build domestic equivalents to Big 4 by encouraging policy changes akin to China's strategy of supporting local firms over foreign players.
#icai #mca #big4
