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The Economic Times

Economy / The Economic Times

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India may soon notify new audit standards after prolonged regulatory tussle

India's corporate affairs ministry is set to announce new audit rules. These changes will bring Indian standards in line with global practices. The ministry is consulting with the National Financial Reporting Authority and the Institute of Chartered Accountants of India. This move aims to resolve regulatory disagreements and finalise auditing and quality management standards for implementation.

3 Apr 2026 12:34 am