Call to Action! Cost Accountants Excluded from Income Tax Definition: MESSAGE FROM PRESIDENT, ICMAI

MESSAGE FROM PRESIDENT, ICMAI Dear esteemed members, The Council of the Institute is fully seized with the issue of non-inclusion of ‘Cost Accountant’ in the definition of Accountant in the new introduced Income Tax Bill, 2025. This is contrary to the assurance given to us that a level playing field will be provided to all […]

President's Message on Tax Bill and Cost Accountants

MESSAGE FROM PRESIDENT, ICMAI

Dear esteemed members,

The Council of the Institute is fully seized with the issue of non-inclusion of ‘Cost Accountant’ in the definition of Accountant in the new introduced Income Tax Bill, 2025. This is contrary to the assurance given to us that a level playing field will be provided to all professionals. Your Council is in touch with policy makers and a road map will be shared with you for your valuable inputs. This is the time when we should exhibit our professional competence. I assure you that we will not leave any stone unturned to represent our profession strongly and push for our legitimate position in the statute.

Best wishes,

CMA Bibhuti Bhusan Nayak

President, ICMAI

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