Sectors

ACCOUNTING AND DIRECT AND INDIRECT TAXES

Accounting has been present in the commercial sector since ages when men started bartering goods. Every transaction or act between individuals or group of individuals has to be accounted for and this has led to a serious outlook in transactions. Modern times have been seeking technical up gradation in the system as commerce has become complicated. A lot of software dedicated to the type of industry has become the order of the day. It is at this juncture that an individual or a company has to determine the type of system that is to be followed. The basic factor is the identification of the input and we at NISE train the student to study the "ingredients" required to build up a system.

Another aspect that is primarily concerned or linked to the accounting system is the tax structure that has to be applied. Taxes, whether indirect or direct, are the backbone of the country. Taxes bring the much required revenue to run the country. The present government has taken a stand to bring all taxes, except Income Tax under one umbrella. It will be known as GST (Goods and Service Tax). This new system will bring relief to all concerned and end confusion also. At NISE we will teach the students the use of these factors to create better understanding in implementation.

Accounting, Direct & Indirect Taxes Sector

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