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Latest Articles


CMA Rameshore Khanal takes over as Finance Minister of Nepal

CA, CS, CMA : Following anti-corruption protests, Ms. Karki becomes Nepal's first female interim prime minister. Her new cabinet includes Financ...

September 16, 2025 1602 Views 0 comment Print

Why Include Cost Accountants in Income Tax Definition?

Income Tax : Explore reasons to include Cost Accountants in the Income Tax Bill 2025. Understand their role, expertise, and the legislative int...

March 8, 2025 16881 Views 27 comments Print

7 Reasons to Include CMAs as “Accountants” in Income Tax Bill 2025

Income Tax : Explore why Cost Accountants (CMAs) should be included in the definition of "Accountant" under the Income Tax Bill 2025 for a comp...

February 19, 2025 21708 Views 26 comments Print

The Darkest Side of Direct Taxation Practice in India

CA, CS, CMA : Direct taxation in India is plagued by mishandling, ignorance, and reliance on settlement schemes, risking the financial stability...

January 29, 2025 4977 Views 0 comment Print

How To Succeed When Luck is Unfavorable ?

CA, CS, CMA : Its quite normal to see people clearing Professional Exams like CA/CMA/CS with comparatively little efforts  and other student ...

September 15, 2024 1875 Views 0 comment Print


Latest News


ICMAI Restricts Misleading Ads to Protect Professional Integrity of Cost Accountants

Corporate Law : ICMAI introduced strict advertisement guidelines prohibiting exaggerated claims and misleading content. The framework ensures ethi...

March 30, 2026 5388 Views 0 comment Print

CAS-25 Cost Accounting Standard on Valuation of Inventory

CA, CS, CMA : CAS-25 standardizes principles for inventory valuation, including cost components and NRV rules. It applies from 12 February 2026 ...

February 17, 2026 978 Views 0 comment Print

ICMAI Issues Draft Guidelines to Regulate Merger and Demerger of CMA Firms

CA, CS, CMA : ICMAI has proposed structured rules governing merger and demerger of CMA firms, including mandatory agreements, name freezing, and...

February 16, 2026 318 Views 0 comment Print

ICMAI Proposes Mandatory Registration and NRN for CMA Firm Networks

CA, CS, CMA : ICMAI requires prior approval of network names and submission of formal agreements through prescribed forms. Detailed provisions g...

February 16, 2026 270 Views 0 comment Print

ICMAI Proposes Name Change Rules for PCMA Firms with 2/3rd Partner Continuity

CA, CS, CMA : Proposed guidelines permit PCMA firms to change names with Council approval while retaining registration number and tenure, provid...

February 16, 2026 231 Views 0 comment Print


Latest Judiciary


No provision for re-evaluation of answer scripts in Cost Accountancy exams: HC

CA, CS, CMA : Kolkata High Court judgment on re-evaluation of answer scripts in Cost Accountancy exams. Analysis of regulations and court decisi...

November 25, 2023 3588 Views 0 comment Print

HC restrained Institute of Cost Accountants from using ‘ICAI’ acronym

CA, CS, CMA : Delhi High Court restrained Institute Of Cost Accountants Of India from using ICAI acronym, a trademark which stands registered in...

March 28, 2023 16611 Views 0 comment Print

CA, CS, CMA authorised to present case on behalf of client under RERA

Corporate Law : Sanjay Ghiya Vs Union Of India (Rajasthan High Court) Rajasthan High Court held that CHARTERED ACCOUNTANTS Or COMPANY SECRETARIES ...

April 28, 2022 6357 Views 0 comment Print

SC dismisses plea against use of acronym ‘ICAI’ by Institute of Cost Accountants of India

CA, CS, CMA : CA V. Venkata Sivakumar Vs. The Secretary, Institute Of Cost Accountants Of India Use of acronym ICAI by Institute of Cost Account...

July 19, 2021 32406 Views 10 comments Print

Who can use the acronym ICAI- HC to hear the matter on 27th July, 2021

CA, CS, CMA : Institute of Chartered Accountants of India Vs The Institute of Cost Accountants of India (Delhi High Court) Institute of Chartere...

June 3, 2021 1383 Views 0 comment Print


Latest Notifications


Amendment in Guidelines for CMA Members under CPE, 2024

Corporate Law : The amended guidelines mandate minimum CPE hours for all practicing members. Non-compliance will lead to discontinuation of the Ce...

April 6, 2026 129 Views 0 comment Print

Cost Accountants CPE Deadline Extended to March 2026

CA, CS, CMA : The Institute of Cost Accountants of India grants a final extension until March 31, 2026, for CoP holders to clear the mandatory C...

September 30, 2025 807 Views 0 comment Print

MCA notifies Appellate Authority Appointments for CA, CMA & CS Acts

CA, CS, CMA : The Ministry of Corporate Affairs (MCA) has updated member appointments for the Chartered Accountants, Cost Accountants, and Compa...

July 8, 2025 2553 Views 0 comment Print

Institute of Cost Accountants Updates HQ Location from Calcutta to Delhi

Corporate Law : ICAI amends 1959 regulations, replacing “Calcutta” with “Delhi” as the official head office location, effective April 25, ...

April 25, 2025 750 Views 0 comment Print

CA, CMA Election Tribunal Appointments by MCA – April 2025

Corporate Law : Ministry of Corporate Affairs updates tribunal members for ICAI and ICMAI election dispute cases, effective from April 17, 2025....

April 17, 2025 879 Views 0 comment Print


CMA Qualification Equivalent to PG-Degree as recognized by UGC

March 18, 2021 15612 Views 1 comment Print

The University Grants Commission (UGC) has resolved that Cost Accountant (CMA) qualification will be considered equivalent to postgraduate degree for appearing in UGC-NET. The National Eligibility Test (NET) is conducted for determining the eligibility of Indian nationals for the Eligibility of Assistant Professorship, Junior Research Fellowship or both, for Indian Universities and Colleges.

CMA institute lodges complain against those circulating Fake result Notification

March 16, 2021 879 Views 0 comment Print

It has come to the notice of the Institute that some CMA groups have been circulating fake Notification regarding declaration of results of Intermediate and Final examination for December 2020 term held on January 2021 in social media to create a wrong impression about the Institute in the minds of the students, members and public at large.

CMA – Renewal of CoP issued w.e.f. 1st February 2019

March 16, 2021 1146 Views 0 comment Print

A Cost Accountant is required to undergo mandatory capacity building training before applying for Certificate of Practice or within six months of getting the Certificate of Practice i.e. new COP holders. https://eicmai.in/MCBT/Home.aspx

UGC to Treat CA/CS/ICWA qualification as equivalent to PG Degree

March 15, 2021 28254 Views 8 comments Print

University Grants Commission Bahadur Shah Zafar Marg, New Delhi-110002 off: 011-23238865 E-mail: ssingh.ugc@nic.in Dr. Surender Singh Joint Secretary D.O.No.9-35/2016 (CPP-II) 15 March, 2021 Sub: To consider CA/CS/ICWA qualification equivalent to PG Degree for appearing in UGC-Net Sir/ Madam, UGC had received requests from the Institute of Chartered Accountants of India, the Institute of Company Secretaries […]

Guidance Note on Local Content in Manufacturing, Production & Supply of Goods and Services

March 4, 2021 6783 Views 0 comment Print

Technical Cell of the Institute has developed this Guidance Note to help the members in assessing the facts and circumstances involved in each particular case of providing certification for local / indigenous content in the manufacturing/production of goods & services, at various stages of bidding and supply.

TDS Rate Applicable for FY 2021-22 or AY 2022-23

February 27, 2021 848535 Views 12 comments Print

RATES OF TDS APPLICABLE FOR FINANCIAL YEAR (FY) 2021-22 OR ASSESSMENT YEAR (AY) 2022-23 as compiled by The Institute of Cost Accountants of India. Rate includes Amendment announced by Union Budget 2021. TDS Rate are applicable from 01.04.2021 Section Nature of Payment Threshold Limit for deduction tax Rate of TDS applicable for the period or […]

CMA institute to initiate process for Formation of Multidisciplinary Partnership Firms

February 14, 2021 1374 Views 0 comment Print

CMA Institute is in the process of initiating formation of Multi-disciplinary Partnership Firms for practicing members of the Institute with members of other professional bodies as per the CWA Act and Regulations.

CMA: Re-Examination Time Table for Online Home-Based Students

February 12, 2021 1137 Views 0 comment Print

Re-Examination Time Table For Online Home-Based Students Not Able To Attain Any Paper Or Paper(S) Due To Technical Reasons. Re-Examination Of Intermediate And Final Examination Time Table & Programme – December 2020 Term.

Revision of CMA Course Fees wef 11.02.2021

February 12, 2021 1224 Views 0 comment Print

CMA Council has approved revised course fees to be implemented w.e.f. 11th February, 2021 (December 2021 term and onwards) as per the following fees chart:

Opportunities for CA/CMA/CS in Budget 2021

February 6, 2021 12126 Views 2 comments Print

Budget 2021 has brought cheers to many in the business & professional world. Sensex started rising even before budget from 29th Jan 2021 & gained 4,446 points and achieved it’s peak to 50,731 as on 05th Feb 2021. In fact IMF already projected 11.5 % growth for India before Budget as on 26th Jan 2021. […]

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