On Friday, to form a better workforce for GST trained professionals, the Ministry of Skill Development and Entrepreneurship announced a 100-hour certificate course to understand the new tax regime. The course will be started on July 15 in three different cities Delhi, Bengaluru, and Bhopal. The training program will be conducted under the supervision of central government’s flagship scheme of Pradhan Mantri Kaushal Vikas Yojana. Officially, the course was announced here by MSDE Secretary K.P. Krishnan. This would be conducted over 100 centres across the three cities.
The training program will be helpful for chartered accountants, company secretaries, graduates and post-graduates in commerce, banking, statistics, financial markets and business administration.
Rajiv Pratap Rudy, Union Minister of State for Skill Development and Entrepreneurship “It’s a historic reform that the government has brought in. We welcome this change and will contribute to our best of efforts to align to the new regime, we are also happy to know that crucial subjects like education and skill development services have been granted exemption from GST, as per the decision of the GST Council, the government understands the relevance and importance of vocational education for the youths and the impact it can have on the economy. It will be a step towards improving the quality of vocational training, reduction in cost of the training and incentivising training providers for conducting National Skills Qualifications Framework compliant training,”
Rudy added that that the new tax regime would cause a hike in the job creation occasioned by an integrated national market.