🇮🇳The Cost Accountant

CMA @ The Institute of Cost Accountants of India

[🇮🇳The Cost Accountant @indCMAs]

There are many Young Minds wish to become entrepreneurs but they are afraid of this COMPLIANCE jungle @FinMinIndia @PMOIndia @MCA21India
#EASEofLIVING #EASEofDOINGBUSINESS

[🇮🇳The Cost Accountant @indCMAs]

@Subhashgarg1960 One question to judge any government:
Is the common man's family fed, schooled and healthy?
Not sometimes.
Not by skipping dinner to pay school fees.
Not by skipping school fees to pay the doctor.
All three. Together. Every month.
Until then ,
it is someone else's growth story.

[🇮🇳The Cost Accountant @indCMAs]

The President of #ICMAI should focus on elevating the #CMA profession nationally & internationally through impactful strategies — not standing at admission stalls organised by media houses. Leadership demands #vision, not visibility at promotional events.

[The Institute of Cost Accountants of India @ICMAICMA]

CMA TCA Srinivasa Prasad, President, CMA (Dr.) Debaprosanna Nandy, Secretary (Officiating) and other officials at the ICMAI stall during the TOI Mission Admission 2026 – Higher Education Expo held on 31st May 2026 at India Habitat Centre, New Delhi.

[🇮🇳The Cost Accountant @indCMAs]

@JP_LOKSATTA The status symbol culture around
completely detached from actual need or utility. Social pressure and peer influence are pushing households into debt simply to keep up appearances. Purchases should be driven by genuine necessity , not by the desire to match one's neighbors.

[🇮🇳The Cost Accountant @indCMAs]

While it's frustrating that public figures and celebrities didn't acknowledge #CMAday, it only highlights the importance of us celebrating our own achievements. #ProudtobeaCMA
#RecognitionMatters
@PMOIndia @FinMinIndia @MCA21India @narendramodi @nsitharaman

[🇮🇳The Cost Accountant @indCMAs]

Wishing all CMAs continued success and greater heights ahead.

#CMADay #ICMAI #CMAFraternity #CostAccountants #NationBuilding

[🇮🇳The Cost Accountant @indCMAs]

@vsvadivelfca
Thanks for these insights.
Would you mind to share relevant circulars link as well?

[Classroom @vsvadivelfca]

A legal dispute persists between the ICAI and ICMAI regarding the exclusive right to conduct financial audits in India.

The ICAI, citing the Companies Act, 2013, asserts that only its Chartered Accountants (CAs) are authorized to perform these audits.

Conversely, the ICMAI argues that its Cost and Management Accountants (CMAs) are also qualified due to their legally mandated "cost audit" function under the 1959 Act, which involves extensive financial record verification.

Historically, the Ministry of Corporate Affairs (MCA) has supported the ICAI's exclusive right, formally reinforcing this position in a 2018 circular that explicitly prohibited CMAs from conducting financial audits under the Companies Act, 2013.

However, in 2023, the Madras High Court issued an interim stay order suspending the MCA’s 2018 circular. Finding the ICMAI’s arguments substantial, the court prohibited the MCA from enforcing the circular, allowing CMAs to perform financial audits while the case is ongoing, subject to the court's final verdict.

[🇮🇳The Cost Accountant @indCMAs]

@divyamittal_IAS After cracking every exam the system threw at you, you finally cracked the one question no institution prepared you for — who am I when there's no exam to pass? 😊

[Divya Mittal @divyamittal_IAS]

IIT Delhi to IIM Bangalore to IAS. I got the best education my country had to offer. It taught me how to crack tough exams and manage big responsibilities. But it never taught me how to quiet my own mind or handle loneliness. We spend many years learning how to achieve, but not a single day learning how to be happy.
My thoughts on what is missing in school education.

Emotional Regulation:
We memorized the periodic table, but no one explained the chemistry of a broken heart. School demanded we stay quiet, confusing silence with peace. Now, we don't know how to host our own storms without drowning in them. We feel lost because we were taught to suppress, not to process.

Deep Communication:
We were taught to write perfect essays, but not how to say "I’m hurting" or "No." While there is a strong emphasis on communication, we are not taught the vocabulary of the adult life. There is no course on how to stand our ground in face of bullying by a boss or how to protect our work boundaries by saying 'No'

Critical Thinking:
In school, the person with the most answers won. In life, the person with the most questions survives. This is the reason many adults can repeat opinions confidently without ever questioning where those opinions came from. We are told everything as the gospel truth. So we end up just following blindly

Financial Literacy:
We spent years learning maths and solving for x, but never learned how to keep ourselves from falling in a debt trap. Money isn't just about math; it’s about the dignity of choice. We do not learn how to use debt effectively without it controlling our freedom. How impulsive spending compounds over time, or how money affects stress, relationships, and mental peace. Financial literacy is missing because education often focuses on earning money someday, not managing it wisely once it arrives.

Self-Discipline
School is a world of bells and schedules. Someone else always tells you what to do and when. But adulthood is a world of total silence. We feel stuck because we were never taught how to push ourselves without a teacher watching. Discipline is simply the habit of keeping promises to yourself. This is a habit many of us are lacking

Handling Loneliness
In school, you are always shrouded by people. You never realize how loud the silence of adulthood can be until you’re in it. We feel lonely because we weren't taught how to be our own best friends. Peace is learning that being alone doesn't mean being lonely. It is a sacred space, not a sign of being unwanted.

Reading People
School is a time of innocence where friendships are often given to you. But as we go along, not everyone retains that purity. We feel cheated because we weren't taught to see the hidden intentions or the masks people wear. Reading people is the quiet wisdom of seeing the truth behind the words.

Mental Health Maintenance
We have gym class for our bodies, but nothing for our souls. We are taught to push through exhaustion to finish a project, which is exactly how we end up in burnout. Honoring your nervous system is the only way to make sure the light inside you doesn't go out. We should know when we are dealing with a stressor and unable to handle it anymore. We should know when to reach out for help if we feel that we are drowning in that distress

Knowing Yourself
We spend years trying to be the "best" student, only to realize we don't know who we are without a gold medal. We are left inadequate because we studied every subject except our own souls. The ultimate education is discovering what truly matters to you before the world tells you what to want.

[🇮🇳The Cost Accountant @indCMAs]

@PMOIndia
The NEET paper leak exposed a flaw:
Here's the fix 👇
Introduce rigorous assessments at every stage of a professional course — not just at entry.
#NEET #NEETScandal #ExamReform #EducationSystem #NTA #IndiaEducation #MeritMatters #CMA #CFA #CPA #CA #CS #ACCA

[National Testing Agency @NTA_Exams]

📢 NEET (UG) 2026 — Examination Date Announced
The National Testing Agency, with the approval of the Government of India, has scheduled the re-examination of NEET (UG) 2026 on Sunday, 21 June 2026.
Candidates and parents are requested to rely only on the official channels of NTA.
📧 [[email protected]](mailto:[email protected]) 📞 011-40759000 / 011-69227700

[🇮🇳The Cost Accountant @indCMAs]

Agreed ma'am @thekiranbedi #PublicServants must lead this by example to Inspire the general public.

[Kiran Bedi @thekiranbedi]

Respectfully Sir, Nation First can begin with practical collective action. Why not encourage car-pooling across Govt Offices and among Govt Officers wherever feasible? Senior leadership leading by example can inspire change.

Hon’ble Elected Representatives too could consider optimized travel and minimal necessary cavalcades—while fully safeguarding security needs through appropriate precautions.

Every litre saved strengthens the nation. 🇮🇳 @mygovindia #NationFirst #LeadByExample

[🇮🇳The Cost Accountant @indCMAs]

😊
CMA = Prime Minister
CS = Cabinet Secretary

[CA Ruchita Vaghani @R_N_Vaghani]

India Should have...

Doctor = Health Minister
Economist = Finance Minister
CA = Commerce Minister
Army men = Defence Minister
High Scholar = Education Minister
Farmer = Agriculture Minister
Sports men = Sports Minister

[🇮🇳The Cost Accountant @indCMAs]

Suggested LOGO for #CorporateMitra @MCA21India
#ICMAI #ICAI #ICSI

[🇮🇳The Cost Accountant @indCMAs]

Why create a separate "Corporate Mitra" brand at all? Since these para-professionals are trained, examined, and certified by their respective mother institutes (#ICMAI, ICAI and ICSI) they should simply carry the logo and credential of the institute that trained them @MCA21India

[The Institute of Cost Accountants of India @ICMAICMA]

The Ministry of Corporate Affairs is organising a logo design competition in collaboration with MyGov, Contest is open from 20th April 2026 to 11th May 2026.Winner will receive cash prize of Rs 50,000/-Link for the contest is https://t.co/ULq476uASF

[🇮🇳The Cost Accountant @indCMAs]

#EaseOfLiving is at it peaks

[RICHARD | Fixing Bengaluru @FixingBengaluru]

😤 Bengaluru, 2026 — and I’m exhausted.

Tried transferring my electricity connection after buying a flat.

The Bangalore Electricity Supply Company portal looked promising.
Uploaded documents. Smooth start.

Then came the reality:

👉 ₹500 stamp paper agreement
👉 ₹500 indemnity bond
👉 NOC from previous owner
👉 Field report from Junior Engineer
👉 Submit ORIGINALS in person to SDO

Bro… why?

I just completed full digital property registration.
Paid lakhs. Got e-Khata. Everything is mapped.
Yet for electricity in my own home?
Back to notary, paper, and queues.

This isn’t inconvenience.
This is system failure.
Every visit = half a day lost.
Traffic. Metro rides. Office leave. Energy drained.

We already fight this city daily.
Why is the system fighting us too?

Bengaluru builds tech for the world.

But basic utilities?
Still stuck in paperwork.

Simple fix:

• Property registration → auto-trigger BESCOM & BWSSB name change
• Aadhaar e-sign
• Zero physical visits
One system. One flow. Done.

Politicians won’t feel this.
They don’t stand in queues.
We do.

And we’re tired.

Bengaluru deserves better.

No more “online but office visit mandatory.”

Have you faced this with BESCOM, water, or any govt service?

How many hours have you lost?

Let’s make this loud.

#FixBengaluru #BESCOM #EaseOfLiving #NammaBengaluru

@NammaBESCOM @mdbescom @BescomTa @krishnabgowda @SouthEastBlr
@comm_blr_south
@RLR_BTM
@EASTCITYCORP
@BNCCofficial
@BWCCofficial @theuglyindian
@BPACofficial
@WFRising
@ECityRising
@GBITCIA
@BAFBLR
@0RRCA
@bengalurupost1
@CitizenMattersX
@kiranshaw @TVMohandasPai
@Namma_ECity
@ecitycredence
@ECityRising @DKShivakumar
@mkrishnappa_MLA
@d_k_suresh
@hksureshbjp
@thekjgeorge @prajavani
@bengalurupost1
@Bangalorereal1
@CivicOp_india
@ChristinMP_
@NayanaJhawar
@Maheshbr4U @GBA_office
@theuglyindian
@CitizenMattersX

[🇮🇳The Cost Accountant @indCMAs]

#FakeSurgeons are putting lives at #RISK. Two simple steps to #stop this:
✅ QR-code verified doctor cards: scan before you trust your life to anyone in a white coat
✅ Real-time public database of licensed doctors :
accessible to every one across India
@MoHFW_INDIA @PMOIndia

[The Times Of India @timesofindia]

In a breakthrough in the investigation into the illegal #kidneytransplant racket, #Kanpur police arrested a Class XII passout, Rohit Tewari, 34, for posing as a doctor and managing 30 surgeries.

Read here 🔗https://t.co/BPzmsOtG9p

[🇮🇳The Cost Accountant @indCMAs]

Source plz @ZeeBusiness

For now, it would be prudent to wait for more reliable information and a clearer picture before drawing any detailed conclusions.

@MCA21India @ICMAICMA @icsi_cs @theicai

[Zee Business @ZeeBusiness]

सूत्रों के हवाले से खबर

CA, CS, अकाउंटेंट से जुड़ी बड़ी खबर

अकैडमिक अथॉरिटी बनाने पर विचार

क्या है पूरी खबर जानिए @talktotarun से

#CANews #CSNews #Accountants #EducationReform

[🇮🇳The Cost Accountant @indCMAs]

The government's plan to rationalize the examinations and curriculum of professional courses — #CMA, #CS, and #CA — is indeed a welcome development.
For now, it would be prudent to wait for more reliable information and a clearer picture before drawing any detailed conclusions.

[Tarun Sharma @talktotarun]

The Ministry of Corporate Affairs is considering the creation of a unified academic authority for Institute of Chartered Accountants of India, Institute of Company Secretaries of India, and Institute of Cost Accountants of India.

More than dozen people of expert committee has been constituted to evaluate this proposal and recommend a structured framework.

The government is working towards establishing an Indian Institute of Accounting to standardize examinations and curriculum across these professional bodies.

The objective is to bring greater uniformity, consistency, and global alignment in the academic structure of accounting and corporate governance professions.

Another key focus is to reduce overlap in syllabus and streamline learning pathways for students.

Importantly, the professional regulatory authority of ICAI, ICSI, and ICMAI will remain unchanged.

This move could mark a significant shift in India’s professional education ecosystem, enhancing clarity, efficiency, and international competitiveness. @ZeeBusiness @theicai @icsi_cs

[🇮🇳The Cost Accountant @indCMAs]

Agree @amitabhk87
#CostOfCorruption
#CostOfCompliance
#CostOfCapital
#CostOfLitigation

As a #CMA, we call for:

A National #CostOfDoingBusinessIndex, tracked annually

Mandatory #CostImpactAssessment for every new regulation

Faster #CommercialDisputeResolution

[Amitabh Kant @amitabhk87]

While ease of doing business has improved, India’s next reform frontier must be clear: lowering the cost of doing business.

When firms can produce at globally competitive costs, they scale, expand exports, and create high-quality jobs. A competitive cost structure is not a narrow objective—it is foundational to sustaining 8%+ growth and realising our Viksit Bharat ambitions.

My article with @RanveerNagaich in @EconomicTimes highlights the imperative need for India to become a cost competitive manufacturing nation.

[🇮🇳The Cost Accountant @indCMAs]

Are you sure @PTI_News

[Press Trust of India @PTI_News]

VIDEO | Delhi: Tax expert Ved Jain on the new Income Tax rules coming into effect from April 1 says, “I don’t think there is any hidden agenda or hidden drawbacks...I believe it doesn’t make any sense for any category of employee to continue in the old regime. All benefits are available under the new regime.”

(Full video available on PTI Videos - https://t.co/bIyFWTeOLF)

[🇮🇳The Cost Accountant @indCMAs]

A nation cannot progress when power is exercised for exploitation rather than service. Entrepreneurship cannot thrive under an environment of fear created by excessive regulatory threats from GST, Income Tax, ED, CBI, MCA, and Labour authorities. @nsitharamanoffc @PMOIndia

[Mohandas Pai @TVMohandasPai]

Madame ⁦@nsitharaman⁩ please see this. How can a ceo of a regulated bank be arrested for an issue with a business partner? Is this not overreach. ⁦@FinMinIndia⁩ has given vast powers for GST. What is the safeguard for citizens against misuse?please intervene

[🇮🇳The Cost Accountant @indCMAs]

Is it going to be something similar to this?

[🇮🇳The Cost Accountant @indCMAs]

What it means to the CMA practitoners and the profession? @ICMAICMA

[The Institute of Cost Accountants of India @ICMAICMA]

MoU signed between the ICMAI and Indian Association of Gold Excellence & Standards on 20th February 2026.