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Accounting And Audit 13 August 2026

India News Update

Several key announcements have been made in India regarding statutory audits, tax regulations, and professional examinations. The Institute of Chartered Accountants of India has announced mock test papers for the CA Final November 2026 examinations. Additionally, there have been updates on income tax audit limits, foreign investment regimes, and Ind AS amendments. These changes are expected to impact various sectors, including finance, accounting, and renewable energy.

Recent developments in India include the resignation of Prabhatam Infra's statutory auditor, V.R. Bansal, and the announcement of mock test papers for the CA Final November 2026 examinations by the Institute of Chartered Accountants of India.
- Key updates include:
- Income tax audit limits for AY 2026-27
- Ind AS amendments on financial instrument classification and renewable power contracts
- Decoding India's proposed foreign investment regime
- TNPSC Group 2 notification 2026 out with 821 vacancies
The Institute of Chartered Accountants of India has released the schedule for mock test papers series I and II for the CA Final November 2026 examinations.
For more information on these updates, please refer to the original source articles.

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