Govt takeover period of pvt colleges extended by 2 years

According to the Amendment Bill, in section 30-A of the Tamil Nadu Private Colleges (Regulation) Act, the period of government taking over a private college had been extended from five years to seven years.

The Bill to amend the Private Colleges Act was aimed at Chikkaiah Naidu College in Erode which was taken over by the government, under the Private Colleges Act, in 2012. The period of five years as specified under the Act expired in 2017 and to extend the term of the state government over the college the existing Act was amended.

Accordingly, the new amended Act many be called The Tamil Nadu Private Colleges (Regulation) Amendment Act, 2019 and shall be deemed to have come into force on December 18, 2017.

A Bill to amend the Tamil Goods and Services Tax Act, 2017, was introduced in the state Assembly, on Monday.

The new Bill proposes a new return filing system which envisages quarterly filing of return and tax payment for small taxpayers along with minimum paperwork. According to the new Bill, the 2017 Act was passed for smooth transition of existing taxpayers to new goods and services tax regime but the new tax regime had faced certain difficulties. One of the major inconveniences caused to the taxpayers, especially small and medium enterprises was the process of filing return and payment of tax under the Goods and Services Tax laws.

Earlier, an ordinance Act was promulgated by Governor Banwarilal Purohit on November 13, last year, for the purpose when the Assembly did not meet.