NIIT Limited, leading Global Talent Development Corporation and Asia's largest IT trainer, strengthened their partnership with the Department of Income Tax (DIT), to create a pool of trained and certified Tax Return Preparers (TRPs) across the country as part of the Tax Return Preparers Scheme (TRPS). TRPS is an initiative by the Department of Income Tax, Government of India to increase awareness of tax laws through larger community participation, with NIIT being mandated to train and certify Tax Return Preparers (TRPs) across the country.
NIIT will utilize its nationwide network to test graduates across 110 locations, and select 5000 candidates who will undergo a rigorous training programme on Income Tax filing procedures. The trained candidates will be referred to as 'Certified Tax Return Preparers' and will obtain an unique Identification Number from the Dept. of Income Tax, which will authorize them under Income Tax Act, 1961 to work as self-employed Tax Return Preparers.
The Tax Return Preparers are meant to file returns of individual and HUF income tax assesses as well as file TDS returns of small and medium enterprises in the lower income category. This would be the second batch of TRPs being trained by NIIT. The cost of training will be borne by ITD and the selected candidates will not be required to pay for the training. And the scope now stands widened to include TDS & Service Tax Returns. DIT has further included TRPs as qualified e-returns intermediaries.
Speaking on the occasion, Shri Amitabh Kumar, DIT (PR, PP & OL) Department of Income Tax said, "The Tax Return Preparers Scheme was conceptualized with an objective to simplify the Tax filing procedures for the benefit of the tax payers. Encouraged with the initial success we are pleased to extend the scope this year with NIIT, whose expertise in training delivery, will help create a qualified pool of skilled Tax Return Preparers."
Launched by the Income Tax Department in 2006, Tax Return Preparer Scheme (TRPS) is aimed at raising the level of awareness and compliance amongst marginal tax payers. The founding objectives include - providing an employment avenue for unemployed or partially employed graduates and reduction the cost of compliance for small tax payers - leading to an increased assessee base for the Government.
NIIT trained 5000 TRPs in the first batch and 3737 TRPs were certified after undergoing a rigorous selection process, training and certification exam. The TRPs were certified to prepare tax returns for individual and HUFs. Department of Income Tax has strengthened their partnership with NIIT this year, to deliver the training across 88 cities in India and to provide support to the TRPs after the training.
Commenting on the initiative Mr. Manish Mohan, Business Unit Head, India Enterprise Learning Solutions, NIIT said, "It gives us immense pleasure to extend our association with Department of Income Tax for the second batch of TRPs. Through this association, we look forward to working together with the Income Tax Department to encourage more people to file their returns within the stipulated time, and also provide career opportunities to the unemployed youth."
A graduate in one of the select disciplines can apply for this scheme. The training will begin with a 15-day self study period through the online Learning Management System and the handbooks, followed by 11 days classroom training. The training blends case-study illustrations, task based interactive and close to real life practice exercises in order to perform the job more efficiently. The training content will be created by experts and the training will be delivered by tax professionals.
Graduates who successfully complete the training and certification exam will be issued a Certificate and a Unique Identification number which will authorize them under the Income Tax Act, 1961 to work as self employed Tax Return Preparers (TRPs). The Tax Preparers will also assist the Department in other taxpayer initiatives like Aayakar Sewa Kendra, Tax Kiosks, Customer Contact Centre, Register for Home Visits, E-return intermediaries and E-filing utilities for TRPs.
TRPS is an initiative by the Department of Income Tax, Government of India to increase awareness of tax laws by enhancing community participation. The TRPs are put through rigorous training program on Income Tax filing procedures along with usage of software and on-line tools. The curriculum was designed by experts and NIIT's instructional design methodology. The successful candidates, now referred as 'Certified Tax Return Preparers' obtain a unique Identification Number from the Income Tax department.
The training conducted is, "End to End" from identification of opportunity to filing of claim, introduction to policy, market identification and lead generation, handling of taxpayer situations, introduction to scheme to taxpayers, filling up of ITR forms, TDS forms, credit mechanism, rewards etc.
NIIT Limited, a leading Global Talent Development Corporation and Asia's premier IT trainer, offers learning and knowledge solutions across 32 countries. Leading IT journal Dataquest has conferred upon NIIT the 'Top IT Training Company' award successively for the past 19 years, since the inception of this category.
NIIT's Individual Learning Business offerings include industry-endorsed programs for students seeking careers in IT - GNIIT and Edgeineers, and Global Net Plus for IT professionals. The company has introduced "India's first cloud campus", through its new-age GNIIT program. This offers students a higher mobility as they can access courseware using Netbooks and data cards that connect seamlessly to NIIT's Cloud Campus network.
NIIT's Corporate Learning Solutions offers Managed Training Services including integrated learning solutions (strategic consulting, learning design, content development, delivery, technology, assessment and learning management) to Fortune 500 companies, Universities, Technology companies, Training corporations and Publishing houses.
NIIT Yuva Jyoti, a joint venture between NIIT and NSDC, offers vocational skills training programs to enhance employability of youth across India.
NIIT Imperia - Centre for Advanced Learning, offers Executive Learning Programs in association with leading Business schools in India, KPMG, Google India and Internet and Mobile Association of India (IAMAI), using the synchronous learning platform.
NIIT Institute of Finance Banking & Insurance (IFBI), formed by NIIT with equity participation from ICICI Bank, offers programs for individuals and corporates in Banking, Financial Services and Insurance.
NIIT Institute of Process Excellence Limited, a NIIT-GENPACT venture (NIIT Uniqua), offers complete training outsourcing services to the Business Process, Knowledge and Technology Services industry to create business models that enhance productivity and lower costs.
NIIT has provided computer-based learning to over 15,000 government and private schools. The futuristic NIIT NGuru range of learning solutions for schools comprises Interactive Classrooms, Math Lab, IT Wizard programs and Quick School (Education Resource Planning software).
NIIT has been ranked among the 'Top 25 Best Employers in India- 2011' by Aon Hewitt and 'Top 25 India's Best Companies to Work for' by Great Places to Work Institute. The company has also been voted the second most trusted education brand in India by Brand Equity- Nielsen Survey 2011.