ICAI Approves Draft Regulatory Framework for Global Tie Ups of CA Firms

ICAI’s Big Move: Global Tie-Ups for Indian CA Firms?

ICAI has just approved a draft regulatory framework that could transform how Domestic CA firms scale. What does this mean? For the first time, Indian CA firms could tie up with global accounting networks “officially”. Final notification is expected by July 2025. Draft framework to be released soon for public feedback. Why this matters Until now, Indian CA firms were operating in regulatory limbo.  A few examples: Global Firm Indian Affiliate K…

ICAI Approves Draft Regulatory Framework for Global Tie Ups of CA Firms

ICAI Approves Draft Regulatory Framework for Global Tie Ups of CA Firms The Institute of Chartered Accountants of India (ICAI) has approved an important draft rule. This rule will allow local chartered accountant firms to partner with their international peers and start businesses in India, as per ICAI president Charanjot Singh Nanda. This initiative is […]

ICAI approves draft for Indian CA firms to form global partnerships

The Institute of Chartered Accountants of India (ICAI) has approved a new draft regulatory framework enabling domestic chartered accountant (CA) firms to enter formal partnerships with foreign accounting networks operating in the country. The policy aims to boost the global competitiveness of Indian firms, aligning with the government’s objective of fostering home-grown accounting firms with international recognition. The approved draft outlines…