MSMEs are agents of Inclusive Growth: Prabhu (See 'TOG News')Indian-made natural cooling system wins USD 10K grant from UN (See 'TOG News')Diu becomes first 'smart city' to run fully on clean energy (See 'TOG News')TP - Interest on international sale transaction merits being deleted in current AY where such interest was deleted in earlier AY as well: ITAT (See 'TOG Latest')IT - Processing of iron ore as job work in plant located outside customs bonded area would not disentitle EoU from claiming deduction u/s 10B: HC (See 'TOG Latest')Custom - No seizure of vessel where used exclusively for carrying out contract with ONGC: HC (See 'TOG Latest')Central Excise - VAT paid in advance can be adjusted against tax payable in next tax period & is not includible in transaction value u/s 4(3)(d) of CEA: CESTAT (See 'TOG Latest')TP - Negative margins by an entity during an AY will not render it to be persistent loss-making concern & hence uncomparable: ITAT (See 'TOG Latest)Venkaiah Naidu rejects impeachment notice against CJIDERC sets up forum to redress consumer grievances (See 'TOG News')IT - Having large bank balance does not imply that loan taken was not for business purposes & so interest paid cannot be disallowed: ITAT (See' TOG Latest')Central Excise - Claiming exemption after declaring only model number of machine manufactured is not suppression or mis-statement of facts: CESTAT (See 'TOG Latest')Service Tax - Cenvat credit cannot be utilized to pay service tax on services where person liable to pay tax is service recipient: CESTAT (See 'TOG Latest')Cabinet okays ordinance proposing death sentence for rape of minors below 12 yrsGovt adopts sector-wise approach to tackle air pollution (See 'TOG News')Technology deeply influences Govt policy in developing nations: Secy (See ' TOG News')
Tax on Go
Budget 2015
Click the banner to download Documents
HOME       GST     INDIRECT TAX     INCOME TAX     DTAA     TP     MIXED BAG     LIBRARY    

TOG NEWS

Academic record digitalized, says State HRD minister
By TOG News Service
Jul 17, 2017

TOG News Service, New Delhi, July 17, 2017: The Minister of State Human Resource Development (HRD), Dr. Mahendra Nath Pandey today in a written reply to a Lok Sabha question informed that the National Academic Depository (NAD) which is a 24 X 7 online store house of academic awards digitally lodged by various academic institutions or school boards or eligibility assessment bodies has been established.

The academic awards to be lodged on NAD shall cover degrees, diplomas, certificates, mark-sheets including awards issued for skill development. The University Grants Commission (UGC) has been designated as authorized body to operationalise NAD.

NAD comprises of two interoperable digital depositories viz., NDSL Database Management Limited (NDML) and CDSL Ventures Limited (CVL). Maintenance of academic awards in a digital depository not only enables online access, retrieval and verification of these awards, but also helps eliminating fraudulent practices such as forgoing of certificates and mark-sheets.

The Aadhaar will be used for registration and usage of the digital database. However, in the event of non-availability of Aadhaar, a unique NAD ID will be generated to facilitate digital services to NAD users.