ICAI Opens MEF 2025-26 For Chartered Accountants

The Institute of Chartered Accountants of India (ICAI) formally opened applications for the Multipurpose Empanelment Form (MEF) 2025-26, inviting chartered accountants and firms to apply for empanelment with regulators, banks, and government institutions. The MEF provides a transparent system for allocation of audit and assurance work, ensuring that opportunities are distributed fairly across firms of different sizes and regions. ICAI emphasized that timely submission and accurate disclosure are critical for eligibility. The process has been digitized to reduce paperwork and enhance verification. For professionals, empanelment expands access to statutory and tax audit opportunities, while for regulators, it ensures quality assurance through verified CA firms. This initiative is viewed as a professional growth avenue as well as a mechanism to strengthen financial accountability.