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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 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


Cost Accountants to undertake Inventory Valuation under Section 142(2A) of Income Tax

October 5, 2023 4539 Views 0 comment Print

Discover how Institute of Cost Accountants of India assists in inventory valuation under Income Tax Section 142(2A). Insights on regulations, webinars, and guidance.

Result Analysis of Institute of Cost Accountants of India held in June 2023

September 27, 2023 1431 Views 0 comment Print

Check pass percentages and course completions for ICMAI Intermediate and Final examinations held in June 2023. Insights into candidates’ performance.

ICMAI Releases Exposure Draft on Capacity Determination (Revised)

September 17, 2023 1284 Views 0 comment Print

ICMAI has published an Exposure Draft on revised Cost Accounting Standard (CAS-2) for Capacity Determination. Learn about changes and how it impacts cost statements.

Inventory Valuation by Cost Accountants (CMAs) Draft Format released for comments

August 16, 2023 5076 Views 0 comment Print

Inviting comments on the draft Form No. 6C for implementing the amendment made by the Finance Act, 2023 wrt Sub-section (2A) of the Section 142 of the Income Tax Act, 1961 regarding inventory valuation vide Finance Act 2023, in order to ensure that inventory is valued in accordance with the various provisions of the Act, […]

Efficient Client Management: Excel Proforma for CA/CS/CMA

August 16, 2023 8469 Views 0 comment Print

Enhance client management for professionals like Chartered Accountants, Company Secretaries, and Cost Accountants using Excel-based proforma. Step-by-step guide for streamlined workflows.

Draft Cost and Works Accountants (Amendment) Regulations, 2023

August 1, 2023 3132 Views 0 comment Print

The Institute of Cost Accountants of India (ICAI), established under the Cost and Works Accountants Act, 1959, is a statutory body and a premier professional organization for cost and management accountants in India. The Institute plays a crucial role in promoting and regulating the profession of cost and management accounting in the country. In pursuit […]

Request to allows CMAs to conduct Tax Audit under Income Tax Act, 1961

July 23, 2023 18006 Views 13 comments Print

Proposing the inclusion of Cost and Management Accountants under Section 288(2) of the Income Tax Act to enhance tax audits and promote voluntary compliance in India.

Newly Elected President & VP of Institute of Cost Accountants of India

July 22, 2023 2522 Views 0 comment Print

CMA Ashwin G. Dalwadi elected as President & CMA Bibhuti Bhushan Nayak as VP of Institute of Cost Accountants of India for 2023-24. Learn about their backgrounds and roles.

AML & CFT Guidelines for Professionals with CoP (ICAI, ICSI, ICMAI)

July 20, 2023 11916 Views 0 comment Print

We have published below AML & CFT guidelines for professionals with Certificates of Practice (CoP) from ICAI, ICSI, and ICMAI. These guidelines aim to prevent money laundering, terrorist financing, and proliferation financing activities. It covers reporting obligations, risk assessments, and the role of Statutory Bodies (SRBs) in supervision and monitoring. The AML & CFT guidelines […]

Constitution of Greater Noida Chapter: Institute of Cost Accountants of India

July 17, 2023 828 Views 0 comment Print

Institute of Cost Accountants of India has officially constituted the Greater Noida Chapter, covering the area of Greater Noida in Uttar Pradesh.

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