The practicing CA firms in India have generally done well. The common features noticed with Indian CA profession are – Majority CA firms are small sized firms. Many firms have confined practice to audit and taxation. Many firms have audits allotted through the ICAI-PDC empanelment process. Members have attachment with their firm name and do not want to go for Merger or Network due to fear of loss of identity. When client grows bigger, they tend to switch over to a larger firm with an expectation that a larger firm will better cater to the diversified and growing needs.
Other Resources
Regulatory Radar DEC’23
17 January 2024
Company Incorporation Procedure
17 November 2023
GST Registration Process
17 November 2023
PAN and TAN Registration Process
17 November 2023