: ICAI launches ‘train, earn and learn’ initiative #FinanceIndia #StockMarketNEWS #Business Staff Reporter Panaji Goan B. Com. students may soon pick up proficiency in the filing of tax returns

@StockMarketNEWS Tue 16 Aug, 2022

Posted in: #FinanceIndia #StockMarketNEWS #Business

ICAI launches ‘train, earn and learn’ initiative #FinanceIndia #StockMarketNEWS #Business
Staff Reporter

Panaji

Goan B. Com. students may soon pick up proficiency in the filing of tax returns with the Institute of Chartered Accountants of India (ICAI) planning on launching a train-earn- and-learn course shortly.

Goa chairman of ICAI, Gaurav Kenkre on Friday said that, the institute is in advanced talks for signing a MoU with the directorate of higher education, for skill development of B. Com. students.

“The final product of B. Com. pass-outs is nowhere close to the expected standard of the industry. So we are trying to bridge this gap with the course. It will give students practical training on filing returns on the income tax portal, GST portal, TDS, etc,??? he said.

Jigyasa, a two-day conference of CA’s, August 12- 13, is presently ongoing in the state. The annual, sub-regional conference is to upgrade the skills of practicing CAs. It has skilling sessions in accounting, GST and taxation conducted by the industry experts.

Senior members of the CA community are in the state attending the conference. Speaking on the occasion, ICAI, western region council, chairman, Murtuza Kachwala, said that, CA’s henceforth have a new role to play in reporting the health of a company. “Besides being responsible for disclosing the profits they also have to report on management responsibility and sustainability from this financial year,???he said.

Kachwala released a E-book version of ‘Compendium of MSME Policy and Incentive Schemes of Goa’. Meanwhile ICAI western region will be hosting the world congress of accountants, also known as Accountants Olympics, in November this yearin Mumbai.