I heard that ICAI is planning to change the passing criteria as shown below:
- Passing percentage to increase in each paper from 40% to 50%.
- Aggregate passing percentage to increase from 50% to 55%.
- No inter group set-off of marks available, means to pass a student must score defined aggregate marks in each group.
I don't know how true it is but came to know from one of the faculties of the Board of Studies.