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Demand for Accountants may increase after introduction of GST

Hyderabad: After the introduction of GST in India, the demand for accountant would be increased. Every trader has to compile the monthly record of sales and purchases for which the services of the accountant is needed. These statements have to be presented online by traders before 10th of every month.

A review would be made whether the traders are paying GST or not. The demand for software has also increased. This software could only be operated by a trained accountant.

Earlier, the traders used to maintain their accounts in ledgers. Now, they can’t avoid computers. It is therefore expected that the demand for commerce graduates would increase.

–Siasat News