The institute said it has submitted a memorandum to the Select Committee of Lok Sabha set up to examine the Income Tax Bill ...

In its memorandum, ICMAI highlighted the extensive training of Cost and Management Accountants (CMAs), which includes expertise in taxation, finance, auditing, corporate laws, and strategic risk ...

Release of Memorandum to include “Cost Accountant” in the Definition of “Accountant” under Section 515 (3) (b) of the Income-Tax Bill, 2025 Institute of Cost Accountants of India (ICMAI) has welcomed ...

The Institute of Company Secretaries of India (ICSI) is a premier professional body established under an Act of Parliament, namely, The Company Secretaries Act, 1980 to regulate and develop the ...

Minnesota’s 104 nonprofit general hospitals appear to give back more to their communities than they receive in tax breaks.

The Institute of Cost Accountants of India (ICMAI) has requested the government to recognize cost accountants under the definition of 'accountant' in the forthcoming Income Tax Bill, 2025. The ...

ICMAI advocates for cost accountants to be included in the definition of accountants under the Income Tax Bill 2025.

HMRC updates tax guidance on double cab pick-up trucks after fleets were left confused as to which vehicles would be subject ...

The Income Tax Bill, 2025 empowers tax officers to bypass access codes for computer systems and virtual digital spaces during investigations. The Bill introduces the term 'virtual digital space' to ...

The “crisper and simplified” new Income Tax Bill 2025 has replaced the term ‘previous year’ from the 60-year-old Income Tax ...

One of the key updates is the replacement of the term "assessment year" with "tax year”, aiming to simplify taxpayer ...