OU to introduce GST curriculum from next year

The Osmania University is all set to introduce a new GST curriculum for students opting for the commerce stream. According to OU officials, the curriculum will be offered both as a certificate course and an undergraduate programme.While the Osmania University is introducing the new curriculum next year at the undergraduate level, the Delhi University was the first one in the country to have introduced it for BCom graduates from this academic year itself.

“After the implementation of the GST, the commissioner of central taxes approached us offering to extend training services to our university , if we introduced a diploma and certificate course on the subject,“ said Prof S V Satyanarayana, chairman of the board of studies, department of commerce at OU adding that the varsity initiated the process of drafting the GST curriculum soon after it came into effect on July 1.

As per plan, the certificate course will be introduced in the



next few days. “Next year, the same curriculum will be updated and introduced as a compulsory portion of taxation for fifth and sixth semester BCom students, under the choice based credit system,“ Satyanarayana said. The draft curriculum, framed by a committee constituted by OU, he added, was currently waiting for approvals from the board of faculty members. 

Once green-signalled, the certificate course will not only be offered to students but also to government employees and those with established businesses, varsity officials said. The university will train the participants in batches, for 50-60 hours. “The classes will either be held during the afternoon or evening hours. We will also conduct weekend classes, for the convenience of candidates,“ said Satyanarayana.

The university's decision has been lauded by faculty members who claim that the current B.Com syllabus consists of the old taxation system.