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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 16887 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 1002 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 321 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 246 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 16614 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 6360 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 132 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 759 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 882 Views 0 comment Print


CMA President's Communique for January 2014

January 2, 2014 718 Views 0 comment Print

One of the major challenges that the Companies Act, 2013 poses is the absence of transition provisions. As professionals, we need to understand the responsibility in the wake of globalization, liberalization and privatization sweeping the corporate world to come up to the expectations of not only the corporate sector but also the entire society.

Expression Of Interest For Empanelment Of Advocate with CMA Body

January 1, 2014 2132 Views 0 comment Print

Requirement of Advocates/Law Firms for Empanelment to represent The Institute of Cost Accountants of India/Statutory body under an Act of Parliament) its Regional Councils and Chapters before various Courts, Forum and Tribunals etc.

Notification for CMA Students appearing in Foundation Examination December 2013

December 24, 2013 354 Views 0 comment Print

Candidates appearing in Foundation Examination for Dec’13 term are strictly advised to report at the respective examination centres at least one hour before the commencement of the examination i.e. at 9:00am for morning session and 1pm for afternoon session. Any candidate reporting later than the above time will not be allowed to appear the examination. […]

CMA President's Communique for December 2013

December 3, 2013 1773 Views 0 comment Print

On the wake of the Draft Companies (Cost Records and Cost Audit) Rules, 2013 notified by the Ministry of Corporate Affairs, Government of India on 21st November, 2013 U/s 148 of the Companies Act, 2013,

Cost Competitiveness vs. Compliance

November 26, 2013 913 Views 0 comment Print

CMA Suresh Chandra Mohanty, President of the Institute, in a press release, expressed deep concern that the Draft Companies (Cost Record and Cost Audit) Rules, 2013 issued by the Ministry of Corporate Affairs would hurt the economy, the corporate sector and the profession.

CMA Body to demand more coverage under draft Cost Audit & Record Rules

November 24, 2013 1496 Views 0 comment Print

The Council of the Institute expresses its deep concern and feels that the Draft Rules on Cost Records and Cost Audit do not address the basic objective of inculcating cost competitiveness across all sectors, expressed by Honourable Parliament and Standing Committee on Finance on several occasions.

Opinion on Section 2(2)(iv) of the Cost and Works Accountants Act, 1959 as amended

November 19, 2013 2322 Views 0 comment Print

Resolved that pursuant to Section 2(2)(iv) of the Cost and Works Accountants Act, 1959 as amended, the Council of the Institute hereby opines that a member shall be deemed to be in practice if he

CMA President's Communique for November 2013

November 4, 2013 541 Views 0 comment Print

Some SMEs start their business in a proprietary form. This form of business has smallest compliance cost but it is riskier than any other form of business. A new format of Business is One Person Company created under the Companies Act, 2013.

CMA President's Communique for October 2013

October 4, 2013 1072 Views 0 comment Print

Students, while taking admission/registration/enrolment to the Foundation/ Intermediate/Final Course, need not to take any hazards and spend time for preparing Demand Drafts w.e.f. 1st October, 2013 and take the advantage of hassle-free admission by depositing their fees either online through Debit / Credit Cards

Relaxation of last date and additional fee in filing of e-Form 23C for Appointment of Cost Auditor

September 3, 2013 1810 Views 0 comment Print

It has now been decided to extend the last date of filing and to relax the additional fee applicable on e-form 23C up to 31′ October, 2013 and as such the e-form 23C can be filed for appointment of cost auditor with normal applicable fee, up to 31St October, 2013 or within 90 days of the commencement of the company’s financial year to which the appointment relates, whichever is later.

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