ICAI Issues Draft Norms for Overseas CA Firm Networking

The Institute of Chartered Accountants of India (ICAI) wants to help CA firms grow bigger.

They've created new rules, like a draft, to let these firms work with other firms in different countries.

The goal is to help them compete globally.

These new rules say that if a CA firm works with a firm overseas, they must tell ICAI and register it.

This is to make sure everything is done correctly and helps the firms get bigger and better.