ICMAI on Non-inclusion of ‘Cost Accountant’ in Income Tax Bill 2025
CMA Bibhuti Bhusan Nayak, President of the Institute of Cost Accountants of India (ICMAI), has publicly addressed the concerns of its members regarding the omission of “Cost Accountant” from the definition of “Accountant” in the newly introduced Income Tax Bill 2025. This exclusion has raised serious questions about the government’s commitment to providing a level playing field for all accounting professionals. Read more