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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 16884 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 981 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 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 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 882 Views 0 comment Print


ICWAI – President's Communique – February 2011

February 11, 2011 1096 Views 0 comment Print

You may have come across a headline in one of the National newspapers on the sixty first Republic Day this year which I quote “There is a limit how much RBI can do”. It is in response to the strategy RBI is likely to adopt to tackle rising inflation

ICWAI – President’s Message – January 2011

January 15, 2011 862 Views 0 comment Print

India is becoming a hot destination for the investment among the top countries in the world. This is evidenced by the recent visits of Heads of States of all the important economic powers in the international arena. Starting with UK, followed by USA,

Shri A. N. Raman of ICWAI takes over as President of South Asian Federation of Accountants

January 13, 2011 786 Views 0 comment Print

Shri A. N. Raman, a Central Council Member of The Institute of Cost and Works Accountants of India (ICWAI), functioning under the aegis of the Ministry of Corporate Affairs, has taken over as the President, South Asian Federation of Accountants (SAFA

ICWAI – Notification regarding Assessment Year for June 2011 term of Examination

January 12, 2011 820 Views 0 comment Print

NOTIFICATION Ref. No. DS-3/1/1/11, Dated:-January 10, 2011 Finance Act, 2010 involving Assessment Year 2011-2012 will be applicable for the subjects Applied Direct Taxation (Intermediate), Applied Indirect Taxation (Intermediate) and Indirect & Direct – Tax Management (Final) for the purpose of June 2011 term of Examination under Revised Syllabus 2008. Arnab Chakrabofrt Director – Studies ICWAI

ICWAI announces address of Polling Booths at Places having more the one polling booth

January 12, 2011 2057 Views 0 comment Print

In pursuance of Clause (3) of Schedule 2 of the Cost and Works Accountants (Election to the Council) Rules, 2006, the addresses of different polling booths at place where there are more than one polling booth for the ensuing Election to the Council a

Govt ask ICAI, ICWAI and ICSI to take swift action against guilty members

January 8, 2011 510 Views 0 comment Print

The government has asked professional bodies of chartered accountants, company secretaries and cost accountants to act swiftly against their members arrested on criminal charges, slamming them for the laxity in taking disciplinary action. The corpor

Download Suggested Answers – November 2010 – Professional Competence Course [PCC]

January 6, 2011 1198 Views 0 comment Print

November 2010 suggested, Download Suggested Answers, Download Suggested papers, ICAI suggested, PCC suggested, Suggested for November 2010, Professional Competence Course, PCC, ICAI, Cost Accounting and Financial Management, Taxation, Information Technology and Strategic Management, Advanced Accounting, Auditing and Assurance, Law, Ethics and Communication

Download Suggested Answers – November 2010 – Integrated Professional Competence Course [IPCC]

January 6, 2011 25782 Views 0 comment Print

November 2010 suggested, Download Suggested Answers, Download Suggested papers, ICAI suggested, IPCC suggested, Suggested for November 2010, Integrated Professional Competence Course, IPCC, ICAI, Advanced Accounting, Auditing and Assurance, Information Technology and Strategic Management, Accounting, Business Laws, Ethics and Communication, Cost Accounting and Financial Management, Taxation

Government mandates cost audits for over 100 companies for financial year 2010-2011

December 30, 2010 507 Views 0 comment Print

The government has mandated cost audits for over 100 companies, covering a host of sectors including pharmaceuticals , fertilisers , steel and petroleum . Cost audit, which is a system of government scrutiny into a company’s production cost and profi

All about Cost Audit Branch under Ministry of Corporate Affairs

December 22, 2010 3675 Views 0 comment Print

Cost Audit Branch under the Ministry of Corporate Affairs is manned by professionals drawn from the Indian Cost Accounts Service (ICAS) and primarily deals with sections 209 (1) (d) and 233B of the Companies Act, 1956. The Branch, under section 209 (1) (d) formulates & notifies Cost Accounting Records Rules (CARRs) for various industries. Such rules prescribe the manner in which cost records are to be maintained by specified class of companies. The Branch also undertakes rationalization of existing CARRs to reflect the changes in technology, manufacturing processes and accounting standards.

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