In a meeting chaired by UoM in-charge Vice Chancellor Dayananda Mane, the University of Mysore (UoM) Academic Council has approved to alter the existing syllabus in the Commerce department with new papers.
The decision, taken on Saturday, follows the implementation of Goods and Services Tax (GST).
The Board of Studies (BoS) in Commerce (Post Graduation) had recommended introduction of GST and Customs Duty by replacing the existing Business Taxation Paper: Indirect Tax Law.
Similarly, the special BoS (Under Graduate) had also recommended to the varsity to replace the existing Taxation papers of BCom V and VI semesters.
As per the recommendation, Business Taxation Paper-I: Corporate Tax Planning, Service Tax and Luxury Tax has been replaced by ‘Corporate Tax Planning and Introduction to GST’ along with a few chapters in the V semester. A new paper ‘GST and Customs Duty’ will be introduced in place of the existing Paper II: Indirect Tax for VI semester.
According to the authorities, the new papers have been designed to educate taxation students about Indian Tax System, its background and its operation in the global competitive market. The importance and administration of indirect taxes in the Indian market oriented economy and its role in achieving the objectives of modern welfare government and to understand the relevance of GST in the present Indian tax scenario would be dealt with in detail.
The main objective of the changes is to make students understand the importance of indirect taxes in the Indian and global economy and their contribution towards economic development. It aims to comprehend the principles of taxation, objectives of taxes and their impact and shifting and incidence process of indirect taxes in the market oriented economy.
In addition, the subject aims to educate students about the implications of indirect taxes on taxable capacity consumers, dealers and the society at large.
Show-cause notice
The VC directed officials concerned to issue a show cause notice to English professor Mahadeva for questioning the decisions of the Academic Council.
Mahadeva, in a letter, had questioned the council’s decision to permit St Philomena’s College to provide ‘makeup’ examination for a few students who were pursuing MA in English.
The council had allowed the college to give the students examination even though they were ineligible to get admission for MA in English as per the guidelines.
St Philomena’s College had admitted them even though they were ineligible. So, the Academic Council had permitted the college to give examination on certain conditions and had also issued a warning to the college to follow the norms in future.
The members said that Mahadeva has defamed the Academic Council by questioning its decision. He should have approached the VC, instead of writing a letter to the council, they said.
College closure
The council agreed to close a few colleges including, Sri Ranga First Grade College and Jnanadhare First Grade Evening College, in Hassan and Maharshi First Grade College, in Mysuru for various reasons.
MLCs Ramachandregowda and Appajigowda, and UoM Registrar D Bharati were present.
New registrar
UoM Planning Monitoring and Evaluation Board (PMEB) Director Lingaraja Gandhi has been appointed the Registrar (Evaluation) of the Central University, Bengaluru. The AC members congratulated Gandhi for his service to the varsity over the past 34 years.
Published 05 August 2017, 18:13 IST