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Uplifting news! 1 lakh understudies to be prepared in GST bookkeeping, says ICAI

By :
Khaled Ahmed | Bangalore | Last Updated on: 15 February, 2019 03:11 PM

The Institute of Cost Accountants of India (ICAI) is good to go to prepare around one lakh understudies on the destined to-be propelled Goods and Services Tax (GST) Accountants course.

The administration is turning out with GST Accountants course and plans to prepare around 1 lakh GST Accountants throughout the following balanced and-half year, said ICAI president Amit Anand Apte.

Expense to be subsidized by govt:

According to reports, the course expenses would be completely subsidized by the Government of India

The goal of the program is to guarantee that consistence as far GST is concerned increments particularly in the SMEs area and the goal was to serve the division on the grounds that there was a hole between accessibility of prepared assets and necessities.

Absence of prepared bookkeepers:

Additionally, the greatest test before the legislature is that a large portion of the SMEs are not ready to conform to the arrangements of the (GST) law since they are not sufficiently furnished with right sort of prepared bookkeepers who can cling to the different GST arrangements.

When these bookkeepers are prepared they will most likely serve all the SMEs and the consistence from the field would likewise enhance significantly.

In the mean time, the proposition to present such course was talked about with the Ministry of Corporate Affairs and afterward taken up with NITI Aayog which has endorsed it.

About the course:

The course substance would be 50-hours classroom preparing

There would be a 10-hour useful preparing wherein the administration would give live preparing as automated recording of the profits in different GST workplaces the nation over

The course would be led through ICAI's 98 sections and around 300 expansion focuses the nation over.

Placement test for trade stream understudies:

Those from trade stream could experience this course and a placement test would be led by ICAI in a matter of seconds and those competitors who qualify the tests would be qualified to attempt this GST Accountants course, said Apte.

(With contributions from PTI)'

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