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LatestAccounting And Audit 13 November 2026

MCA Strikes 21,800 Firms; CAG Expands

Over 21,800 companies were removed from the MCA register after the cost‑audit filing deadline was extended to Dec 31, 2026, easing compliance costs. Meanwhile, the CAG announced a broader audit mandate to evaluate government schemes and urban mobility projects, signalling tighter scrutiny of public programmes.
  • MCA update: The MCA pushed the CRA‑4 filing deadline for FY 2025‑26 to Dec 31 2026 with no extra fees, leading to more than 21,800 firms being struck off the register. Read full story
  • CAG update: The Comptroller and Auditor General widened its audit net to assess outcomes of government schemes, including urban mobility initiatives, aiming for deeper oversight. Read full story

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