economic losses, Trump, accounting firms, global giants, high-level meeting

BIG!

No-one is immune to economic losses, Mr trump!

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DEATH KNELL COMING UP FOR BIG-4…Deloitte, PwC, EY & KPMG.

PMO to hold a high-level meeting on Sept 23 to discuss creating Bharat’s own BIG 4 accounting firms with aim TO REDUCE DEPENDENCE ON GLOBAL GIANTS.

Govt will ease… pic.twitter.com/ZfFQ7tSFzf

— BhikuMhatre (@MumbaichaDon) September 20, 2025

In a recent tweet, it was revealed that the Indian government is planning to create its own “BIG 4” accounting firms to reduce dependence on global giants like Deloitte, PwC, EY, and KPMG. The tweet, posted by user BhikuMhatre, highlighted the economic losses that President Trump is facing and suggested that a death knell is coming up for the current Big 4 firms.

The tweet mentioned that the Prime Minister’s Office (PMO) will be holding a high-level meeting on September 23 to discuss the creation of India’s own Big 4 accounting firms. This move is seen as a way to reduce the country’s reliance on global accounting giants and to boost the domestic accounting industry.

The government is expected to ease regulations and provide support to these new accounting firms to help them compete with the existing Big 4 firms. This initiative is part of a larger effort to strengthen India’s economy and reduce its dependence on foreign companies.

Overall, this tweet highlights the government’s proactive approach towards boosting the domestic accounting industry and reducing reliance on global giants. It will be interesting to see how this initiative unfolds and what impact it will have on the accounting sector in India.

In a surprising turn of events, it seems no one is immune to economic losses, not even the big players like Deloitte, PwC, EY, and KPMG. A recent tweet by BhikuMhatre highlighted the impending doom for these top accounting firms, signaling a potential death knell for the Big-4.

The Prime Minister’s Office (PMO) has scheduled a high-level meeting on September 23 to discuss the creation of Bharat’s own BIG 4 accounting firms. The aim of this initiative is to reduce dependence on global giants and potentially pave the way for a more self-reliant accounting industry in the country.

The government is set to ease restrictions on the establishment of new accounting firms in an effort to foster competition and innovation in the industry. This move could have far-reaching implications for the accounting sector in India and could potentially shake up the dominance of the Big-4 firms.

The news of this meeting has sent shockwaves through the accounting community, with many speculating on the potential impact of this decision. Will this move lead to the rise of new accounting giants in India? Or will the Big-4 firms find a way to adapt and thrive in the face of increasing competition?

One thing is for certain, the accounting landscape in India is set to undergo a significant transformation in the coming months. With the government taking proactive steps to promote indigenous accounting firms, it will be interesting to see how the Big-4 respond to this challenge.

As we eagerly await the outcome of the high-level meeting on September 23, one thing is clear – change is on the horizon for the accounting industry in India. Stay tuned for more updates on this developing story.

In conclusion, the future of the Big-4 accounting firms in India hangs in the balance as the government takes steps to create a more competitive and diverse industry. Will this be the beginning of the end for Deloitte, PwC, EY, and KPMG? Only time will tell. But one thing is certain, the accounting sector in India is in for a major shake-up. So, buckle up and get ready for the ride!

Economic downturn impact, Trump administration, Accounting industry shakeup, Global accounting firms, Indian accounting sector, Economic dependency reduction, Government regulations, Corporate audits, Financial services sector, Big four firms, Market dominance, Global giants competition, Accounting standards, Business consulting services, Audit and assurance, Financial advisory, Tax services, Regulatory compliance, Corporate governance, Professional services industry.