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The Management Accountant - July 2024

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From the Editor’s Desk

President’s Communiqué

Glimpses - NCMAC 2024

Down the Memory Lane

Digital Object Identifier (DOI) - Dec - 2023

News from the Institute

Statutory Updates

06

08

15

102

104

106

119

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PRESIDENT

CMA Ashwin G. Dalwadi

president@icmai.in

VICE PRESIDENT

CMA Bibhuti Bhushan Nayak

vicepresident@icmai.in

COUNCIL MEMBERS

CMA (Dr.) Ashish Prakash Thatte, CMA Avijit Goswami, CMA Chittaranjan Chattopadhyay,

CMA Harshad Shamkant Deshpande, CMA (Dr.) K Ch A V S N Murthy, CMA Manoj

Kumar Anand, CMA Navneet Kumar Jain, CMA Neeraj Dhananjay Joshi, CMA Rajendra

Singh Bhati, CMA Suresh Rachappa Gunjalli, CMA T C A Srinivasa Prasad, CMA (Dr.) V.

Murali, CMA Vinayaranjan P, Ms. Anita Shah Akella, Shri Jyoti Prakash Gadia, Shri Inder

Deep Singh Dhariwal, CS (Dr.) Shyam Agarwal, Shri Sushil Kumar, IAS (Retired)

Secretary

CMA Kaushik Banerjee

secy@icmai.in

Senior Director (Studies, HR & Admin Kolkata)

CMA (Dr.) Debaprosanna Nandy

studies.director@icmai.in

Senior Director (Membership)

CMA Arup Sankar Bagchi

membership.director@icmai.in

Director (Examination)

Dr. Sushil Kumar Pareek

exam.director@icmai.in

Additional Director (PR Corporate, Public Relation & Admin-Delhi)

Dr. Giri Ketharaj

admin.hod@icmai.in, pr.hod@icmai.in

Additional Director (Tax Research)

CMA Rajat Kumar Basu

trd.hod@icmai.in

Additional Director (Career Counselling and Placement)

CMA (Dr.) Sumita Chakraborty

career-counselling@icmai.in, placement.hod@icmai.in

Additional Director (PD & CPD)

CMA Nisha Dewan

pd.hod@icmai.in

Additional Director (Technical)

CMA Tarun Kumar

technical.addldir1@icmai.in

Additional Director (Infrastructure)

CMA Kushal Sengupta

Infrastructure.hod@icmai.in

Director (Discipline) & Additional Director

CMA Rajendra Bose

discipline.director@icmai.in

Additional Director (Journal & Publications and Board of Advanced Studies &

Research)

CMA Sucharita Chakraborty

journal.hod@icmai.in

Additional Director (BFSI)

CMA Dibbendu Roy

bfsi.hod@icmai.in

Additional Director (Information Technology)

Mr. Ashish Tewari

it.hod@icmai.in

Joint Director (Internal Control)

CMA Indu Sharma

intcontrol.hod@icmai.in

Joint Director (Finance)

CMA Soma Banerjee

finance.hod@icmai.in

Joint Director (Legal)

Ms Vibhu Agarwal

legal.hod@icmai.in

Joint Director (CAT)

CMA R. K. Jain

cat.hod@icmai.in

Joint Director (International Affairs)

CMA Yogender Pal Singh

intlaffairs.hod@icmai.in

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DISCLAIMER -

= The Institute of Cost Accountants of India does not take responsibility for returning unsolicited

publication material. Unsolicited articles and transparencies are sent in at the owner’s risk and the

publisher accepts no liability for loss or damage.

= The views expressed by the authors are personal and do not necessarily represent the views of the

Institute and therefore should not be attributed to it.

= The Institute of Cost Accountants of India is not in any way responsible for the result of any action

taken on the basis of the articles and/or advertisements published in the Journal. The material in this

publication may not be reproduced, whether in part or in whole, without the consent of Editor, The

Institute of Cost Accountants of India. All disputes are subject to the exclusive jurisdiction of

competent courts and forums in Kolkata only.

RBI’S ROLE IN PROMPTING THE COMPLIANCE

AND STABILITY OF PRIMARY (URBAN)

COOPERATIVE BANKS

CO-OPERATIVE DEVELOPMENT

⑧⓪

GREEN COSTING

GREEN COSTING

⑦⑧

INDIA’S TEA TRADE IN THE POST

GLOBALISATION ARENA: AN ANALYSIS

VOLATILITY - TEA INDUSTRY

⑧④

NEW WINGS IN

MANAGEMENT ACCOUNTANCY

MANAGEMENT ACCOUNTANCY

⑨⓪

SENSEX SURGES CROSSING THE 75 K

THRESHOLDS, PAVING THE WAY TO

INDIA'S ECONOMIC ASCENT

AND VISION OF VIKSIT BHARAT@2047

VIKSIT BHARAT

⑨④

CRAFTING NEW BUSINESS AND REVENUE

MODELS BY AMBIDEXTROUS BLEND OF

PHYSICAL AND DIGITAL CAPABILITIES

DIGITAL TRANSFORMATION

⑦⓪

SUSTAINABLE FINANCE AT THE

GIFT-IFSC

SUSTAINABILITY LEAF

⑥⑧

Cover image source:

https://blog.ipleaders.in/analyze-3-years-gst-far-succeeded-meeting-objectives-challenges-remaining/

⑥④

CMA Rajesh Shukla

Head (Indirect Taxation)

Tata Motors Ltd., Pune

INTERVIEW

www.icmai.in

July 2024 - The Management Accountant

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