The Institute of Chartered Accountants of India (ICAI) has issued a notification refuting claims about the establishment of a new authority for conducting Chartered Accountancy examinations. The institute clarified that these rumors are misleading and not backed by any official confirmation from the Ministry of Corporate Affairs, which oversees ICAI. Students are urged to stay vigilant against such misinformation and concentrate on their studies for the upcoming CA exams scheduled for May 2026. The ICAI, established under the Chartered Accountants Act of 1949, regulates the profession of Chartered Accountants in India and provides education and examination services. The official exam schedule includes the CA Foundation exams on May 14, 16, 18, and 20, 2026, and the Intermediate and Final exams from May 2 to May 20, 2026.