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Accounting And Audit 2 August 2026

CA News Update

The Institute of Chartered Accountants of India has announced several key updates, including the reopening of the CA Final November 2026 application window, which will remain open until August 5. Additionally, the ICAI has warned CAs and CA firms against quoting extremely low fees in tenders, threatening disciplinary action if the quoted fees are not reasonable. Other news includes the appointment of new auditors by Kimia Biosciences and NALCO, as well as the declaration of a final dividend by Sat Kartar Life. Indian students in Canada are also facing deportation due to changes in PGWP regulations, prompting calls for government intervention.

The Institute of Chartered Accountants of India has made several important announcements recently. The CA Final November 2026 application window has been reopened until August 5. - The ICAI has also taken a strong stance against CAs and CA firms that quote extremely low fees in tenders, warning that disciplinary action may be taken if the quoted fees are not reasonable. - In other news, Kimia Biosciences has appointed new cost, internal, and secretarial auditors, while NALCO has selected two firms as cost auditors for FY27. - Sat Kartar Life has declared a final dividend of ₹0.70 for FY26. - Meanwhile, Indian students in Canada are facing deportation due to changes in PGWP regulations, prompting calls for government intervention.

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