Nagpur: As a part of its Mission GST campaign and to realise the need of large number of Accounting Professionals for enabling trading community to remain compliant under GST, the Confederation of All India Traders (CAIT) in association with Tally Education (P) Limited today launched its first Training Centre ” GST Ki Pathshala” at Nagpur for training Tally certified Accountants to equip Traders & professionals with computerized Accounting which is one of the basic fundamentals for GST which is entirely a technology based taxation system.
The Centre will be run by Shankarlal Jalan Foundation which was inaugurated by CAIT Secretary General Praveen Khandelwal at a glittering event chaired by CAIT National President B.C.Bhartia. The CAIT intends to open more such Centres across the Country with an underlying object of preparing more and more people as Accounting Professionals. It is estimated that after rolling out of GST in the Country, about 5 lakh Accountants will be required all over the Country to assist the trading community in meeting timely compliance of GST. Such a step. Is expected to drive future course of small & medium sized businesses in India.
While inaugurating the Centre, Praveen Khandelwal said that the major section of business community in India are still far away from the technology used in business management and statutory compliance. The implementation of GST tax regime makes computerised accounting a prerequisite for its successful adoption. To work in the GST regime the business community will first have to change its mind set. They will have to unwind their existing way of manual working and shift to system based working. Mind set of all working staff has to be changed. They will have to inculcate the habit of taking Tax invoice for all their expenditure if they want input tax credit and/or avoid reverse change provisions.
B. C. Bhartia said that ”Such education assume significance of Skill development to become GST Law compliant in the wake of fast approaching deadline of GST implementation. The accountants prepared by ShankarlalJalan Foundation will surely leverage their knowledge and expertise and raise awareness about the nitty-gritty of the GST law, besides making the accountants skilled enough to take on all the emerging challenges. GST Ki Pathshala will impart knowledge on GST Fundamentals, role of technology for easy compliance, linkage and importance of Digital Payments wit GST and need for upgradation of existing business format of retail trade of India.There are various courses such as Basics of Computer, Accountancy, English, GST, Accounts and Taxation, Tax and Statutory Compliance etc that are conducted under the shelter of Shankarlal jalan foundation.
Speaking at the launch event, Manish Chowdhary, CEO – Tally Education; stated that “GST is a golden step taken by the Indian government to reform indirect taxation and will greatly improve the tax collection system and the economic condition of the country. To prepare the trader community and accountants to comply with the new tax regime and gain advantage due to opportunities created because of the GST law, CAIT and Tally Education have collaborated to create a suitable courseware covering accounts, Tally, GST, English, Business communication etc. This would enable the small and medium businesses in the country to transition effectively and take advantage of this revolutionary tax regime.”
Neha Mishra director GST Ki Pathshala conducted the proceedings and Aman Pithisaria proposed vote of thanks.
Those who were prominently present were Shankarlal Jalan, Mathuraprasadji Goyal, Vijay Jalan, Rita Pithisaria, Kishore Dharashivkar, Prabhakar Deshmukh, Farooque Akbani, Madhusudan Trivedi, Rajkumar Gupta, Joyce Roy, Dyaneshwar Rakshak, Radheshyam Maheshwari, Ashok Daulatani, Ravi Talreja , Asha Pandey, Shikha Sharma, Jyoti Awasti, Swarnima Sinha, Anita Totewar etc.