India Considers Easing Rules to Foster Local Audit Firms

The Indian government wants to help local accounting and consulting companies grow bigger and stronger.

Right now, the biggest companies are from other countries.

The government is looking at changing some rules to help Indian firms.

This includes letting them advertise more, and possibly limiting the work foreign companies can do for the government.

They also might allow different types of professionals (like accountants and lawyers) to work together in one company.

The goal is to let Indian firms become big enough to compete globally, similar to the Big Four.