From 2021 onwards, the MLG story moved into a new, fast‑changing world, where GST, MSME, IND‑AS, BOIR, Equalisation Levy, labour compliances and global taxation all started converging on MSME promoters at the same time. The Firm responded by going beyond routine compliance and becoming a true “Knowledge Partner” for promoters, CFO’s and Boards, using circulars, webinars, YouTube explainers and detailed audit checklists to convert every new law into clear, practical action points for clients across Faridabad, Delhi–NCR and other states.mlgassociates​

2021 onwards, the team deepened its specialisation in GST and Income Tax litigation, MSME issues and practical implementation of new provisions for manufacturing and service businesses. Audit programmes and internal SOPs for MSME clients were strengthened, especially for purchase, sales, stock, scrap and debtor audits, so that even mid‑size companies could work with listed‑company style discipline. At the same time, more Chartered Accountants and trained team members joined the BPO and consulting wings, allowing MLG to handle larger, multi‑location and multi‑ERP assignments while maintaining partner‑level hand‑holding for each key account.mlgassociates​

Across these years, one major focus area was helping clients navigate the continuous changes in GST. The Firm issued regular advisories on topics like GST rate changes for corrugated boxes and mono cartons, RCM on scrap purchases from unregistered persons, and the need for bank validation on the GST portal to avoid stoppage of GSTR‑1 filing. Clients were guided on complex issues such as use of commercial credit notes versus GST credit notes, deemed exports via merchant exporters at 0.1% GST, and mitigation of GST loss on the purchase side through proper 2B reconciliation and documentation. For many MSMEs, this meant real savings in cash flow and avoidance of disputes, simply because somebody was continuously reading, interpreting and simplifying the law for them.mlgassociates​

Income‑tax advisory also became sharper and more forward‑looking in this period. The Firm kept promoters updated on advance tax instalments year after year, emphasising quarterly discipline and even EMI‑style planning of advance tax outflows to protect cash flows without missing statutory timelines. Clients were also hand‑held on utilising beneficial provisions like Section 80JJAA – the employment‑linked tax incentive – in both old and new tax regimes, ensuring they did not miss benefits simply due to lack of awareness or documentation. On the international side, MLG started guiding Indian businesses with overseas linkages on practical issues like Beneficial Ownership Information Reports (BOIR) in the US, Tax Residency Certificates (TRC), Form 10F, and Equalisation Levy on e‑commerce service providers, so that smaller Indian companies could confidently deal with global structures and payments.mlgassociates​

Side by side, Company Law and MSME‑related compliances became a distinct strength area. The Firm provided clear guidance on topics like regularisation of Additional Directors in private companies, closure of non‑working companies or LLPs, vigil mechanism requirements for companies above certain thresholds, and the practical impact of MSME Section 43B(h) on payment discipline. Through repeated alerts before due dates, many clients were able to avoid disallowances and interest costs related to delayed MSME payments. The team also tracked areas like labour welfare funds (for example, LWF in Haryana) and pension‑related life certificate requirements, giving clients consolidated, state‑specific and sector‑specific guidance instead of leaving them to interpret scattered notifications on their own.mlgassociates​

On the audit and assurance side, MLG deliberately moved beyond simple statutory audit checklists and focused on making audits a tool for internal control and profit improvement. Detailed training modules were prepared for CA students and team members on topics such as purchase voucher audit, MSME manufacturing audit programmes, audit of new customer creation, sales orders, e‑way bills, goods in transit, scrap generation and sale audit. The Firm also started integrating new standards and frameworks such as IND‑AS 101 for applicable clients, earnings per share (EPS) under AS‑20 for MSME balance sheets, and audit trail‑related qualifications in audit reports wherever systems were not fully compliant.mlgassociates​

Knowledge sharing became a visible part of the Firm’s identity in these years. MLG delivered and hosted Zoom webinars on GST ISD, MSME 43B(h) and “year‑start, year‑end” planning, and shared the study material publicly for the benefit of the larger SME ecosystem. Short, focused YouTube videos and shorts were used to explain practical problems: how to audit a sales order, what to check in new customer master creation, how to control inventory and group items, how to review daily closing stock reports, and how to set up stronger controls for scrap, petty expenses and company pantries. MLG’s thought leadership also extended into industry bodies: authoring e‑circulars for “I am SME of India” on GST Council meetings and policy changes, and helping shape practical representations that reflected the real pain points of MSME manufacturers and traders.mlgassociates​

These years also saw MLG stepping more confidently onto national and global professional platforms. The Firm announced its participation in the World Forum of Accountants (WOFA) in New Delhi 2025, underlining its belief that even a mid‑size Indian CA firm should be fully aware of global best practices in accounting, ethics and technology. Within India, the team engaged actively with peers, clients and regulators through conferences, seminars, authored articles and online interactions, ensuring that every new regulatory development was quickly converted into internal training and external guidance. This continuing exposure ensured that clients of MLG in Faridabad, Gurgaon, Noida, Delhi and other regions were not merely compliant, but ahead of the curve in their governance and reporting practices.mlgassociates​

Another visible development from 2021 to 2026 was the strengthening of the Firm’s role as a long‑term BPO and finance‑function partner. The dedicated BPO offices at Crown Plaza Mall, Faridabad, evolved into hubs of continuous process improvement, where the team refined checklists, dashboards and SOPs for each client’s finance, accounts and compliance functions. Regular monthly financial review meetings, with clear topic lists and agenda points, became a normal practice with many client directors; topics covered included profitability analysis, working capital, inventory turns, debtor ageing, statutory compliance status, ERP controls and audit observations.mlgassociates​

Work on strengthening internal controls in client organisations ran in parallel with the adoption of better technology. For many clients, MLG worked closely with their ERP (including Finsys and other systems) to design reports, authorisation workflows, maker‑checker controls and audit trails that satisfied both business and statutory needs. Issues such as “when is a property put to use”, how to manage petty expenses and pantry/washroom costs, how to treat scrap correctly in books and in ERP, and how to build daily MIS culture around closing stock and production, were tackled not just on paper but inside live systems. This “systems plus law” approach reflects the Firm’s original DNA – beginning with mainframe computers and analytics in the 1970s – and continues even more strongly in this period.mlgassociates​

Training the next generation of professionals remained a priority. The Firm invested time in mentoring CA students and young team members through real case studies, such as transfer pricing (TPO) training sessions, audit simulations, and live assignments under close supervision. Many of these trainings are now supported by internally developed notes, checklists, video clips and examples, enabling a consistent MLG style of working across teams and locations. The culture encourages questions, discussion of tricky cases (like bogus purchases, insolvency versus income‑tax priorities, ITC on share contract notes), and joint problem‑solving, so that learning is continuous and client solutions are robust.mlgassociates​

By 2026, MLG Associates stands positioned as a multi‑disciplinary, technology‑driven CA Firm with deep roots in Faridabad and NCR, but with a truly national and global outlook. The period from 2021 to 2026 has been about consolidation and expansion – more key accounts, more specialised services, closer integration with client ERPs, higher involvement in MSME policy issues, and a much more visible presence in the public knowledge space. The journey that began with mainframes and GW‑BASIC has now reached a stage where webinars, YouTube, IND‑AS, BOIR, MSME 43B(h), GST analytics and global forums are all part of the same continuum – using knowledge, systems and ethics to help businesses grow safely and systematically, year after year.mlgassociates​