Saturday, April 27, 2024
News

GST system needs a lot of trained professionals

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Business | October 28, 2022 3:29:50 PM IST
New Delhi [India], October 28 (ANI/ATK): Resources are needed for the smooth functioning of government systems. The government pays special attention to tax management for resource mobilization. There were many discrepancies in the context of indirect tax in India. GST i.e. Goods and Services Tax system was brought in to remove this and to implement 'One Nation One Tax System' in India. There are many processes involved in this system. The need for a large number of accounting professionals is being felt to carry out these processes.

There is a huge need for skilled accountant professionals to support the GST system. Recognizing this fact, many educational institutions are preparing such training courses, which can prepare trained professionals to support the GST system. In this context, e-learning platform Tax4Wealth has also prepared various training courses related to GST. Himanshu Kumar, CEO, Tax4Wealth said that the scope of GST is increasing continuously. In such a situation, there will be a huge demand for expert professionals in the context of GST in the near future. In such a situation, the youth who will become proficient in accounting skills. Only opportunities for employment and self-employment will be available to them.

In general, entrepreneurs or businessmen want to focus their attention on the enterprise and business by delegating taxation-related duties to accounting professionals. The GST system requires only skilled professionals for filing GST returns, processing of e-invoices, processing of TDS and TCS, GST registration, e-way bill, input credit etc. from time to time. These skilled professionals can be prepared only with a level of training. Skilled professionals cannot be made on the basis of mere degree. No doubt degree is an essential fact. But a balance of degree and accounting skills can be the basis for preparing skilled professionals for the GST support system.

This story has been provided by ATK. ANI will not be responsible in any way for the content in this article. (ANI/ATK)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Indian Air Force ushers in digital trans...
NDTV clocks 59 pc growth in revenue duri...
MoNRE: IREDA CMD advocates innovative fi...
The Brand Story - Indian Brand and Leade...
French FinTech Studely Expands to India,...
Canarys Propels Growth Strategy with Acq...
More...
 
INDIA WORLD ASIA
Earthquake of 3.2 magnitude hits J-K's K...
Himachal assembly by-polls: Congress ann...
'People of minority communities angry, u...
SC says no to 100% verification of EVM v...
Lok Sabha polls 2024: Madhya Pradesh rec...
Punjab police arrest 11 members of gangs...
More...    
 
 Top Stories
NDTV clocks 59 pc growth in revenue... 
King Charles III to shortly return ... 
IPL 2024: Match between KKR vs PBKS... 
SRK attended KKR vs PBKS match with... 
Lola Kirke, new addition to Ryan Co... 
Earthquake of 3.2 magnitude hits J-... 
Indian Air Force ushers in digital ... 
"Not defending hurts but it's a gre...