Income Tax Management

Income Tax Management
" Certificate Course "
Registration Last Date: 16 May, 2024
Venue: House# 05 (1st Floor), Flat# 1-A, Road # 17, Block # D, Banani, Dhaka -1213

Why This Training is Important:

Tax, particularly income tax is a core issue on the part of the management of corporate houses. It equally affects individual taxpayers. So, tax planning and management becomes a major concern on the part of all types of assesses. Every person either individual or corporate body always tries to keep his or its tax expense at a minimum level and therefore requires good tax personnel to deal with taxation matter very effectively & efficiently. But, as a matter of fact, understanding of income tax is not very easy, as it is by nature very technical & complicated. So, it needs in-depth knowledge and clear conception to discharge duties and responsibilities.

The Income Tax Ordinance, 1984, New Income Tax Act, 2023, relevant SROs with their latest changes, Finance Acts, Case Laws, Transfer Pricing and DTAA would be discussed in details during training session. TDS, procedure of claiming refund, avoiding of penalty and prosecutions, risk area of universal self audit would be discussed in details. Procedure of appeal & tribunal would also be discussed. Therefore, the training session will provide opportunities to learn for those who want to reduce tax liability legally and to avoid unnecessary litigation’s.

How participants will benefit after this training:

The objective and purpose of this course is to provide income tax knowledge especially salary tax, withholding tax and major changes proposed through Budget, 2023. Thus, attending the course, the participants can develop a synoptic view of the INCOME TAX system and on that basis they would be able to perform their INCOME TAX related jobs themselves. Without basic INCOME TAX knowledge, facing an INCOME TAX related problem, anybody becomes confused and worried. On completion of the course, the participants will get knowledge to understand their problems, to do their jobs themselves and to help others in INCOME TAX matters. Thus, they will be able to run the fiscal management in their organizations in far better way; protect their organizations from future troubles; and would be able to develop their career in finance, INCOME TAX and management areas.

Contents of Training :

Day: 01

Introduction to Income Tax, Tax rates and Surcharge

Ø  A brief discussion on income tax

Ø  Basic terminologies

Ø  Heads of Income

Ø  Types of Taxpayers

Ø  Tax Rates & Minimum Tax (location)

Ø  Surcharge and Environment Surcharge

 

 

Day: 02

Calculation of Income from Employment, Rent and Agriculture

Ø  How to calculate Income from Employment

Ø  How to calculate Income from Rent

Ø  How to calculate Income from agriculture in detail

Day: 03

Calculation of Income from Business and Capital Gain

Ø  How to calculate Income from business in detail

Ø  How to calculate Income from the capital gain in detail

Day: 04

Income from Financial Assets and other sources & Investment Rebate

Ø  How to calculate Income from Financial Asset

Ø  How to calculate Income from other sources

Ø  Calculation of Investment Rebate

Ø  Computation of taxable Income and tax liability of an individual

 

 

Day: 05

Minimum Tax and Return Submission

Ø  Concept Minimum Tax (section 163)

Ø  Consequence for filling return after tax day

Ø  Who needs to submit return

Day: 06

Set off and carry forward losses, Returns, Assessments and Notices

Ø  Discussion of set off and carry forward of losses

Ø  Discussion in Individual tax returns and assessments

Ø  Different types of Notices

 

 

Day: 07

 

Ø  Individual Tax Return Preparation & e – Return

Day: 08

TDS Management

Ø  Discussion of advanced payment of tax and simple Interest

Ø  Types of TDS in detail

Ø  Calculation of TDS on Employment, supplier, Contractor, Services, Advertisement, Commission, Discount, Fee and Rent etc)

Ø  Submission of TDS return (Section 177)

Ø  Consequences of non-compliance with TDS regulations

 

 

Day: 09

Issues of Tax Compliance

Ø  Audit Procedure

Ø  Discussion of appeal, Tribunal, High Court & ADR

Ø  Penalty & Prosecution

Day: 10

Corporate Tax Compliance and special tax rate

Ø  Issues of company tax assessment

Ø  Corporate Tax Planning

Ø  Corporate Tax return preparation

Ø  Special tax rate and Voluntary discloser of Income

Price:

10,000.00৳ 

Course Details
Date
16th May to 6th June, 2024
Time
Evening: 7:00 PM to 9:00 PM
Classes / Sessions
10
Class Schedule
Sunday, Tuesday & Thursday (Every Week)
Total Hours
20

.Management Trainees
.Accounts/Finance Executives
.Manager/Sr.Manager (F & A)
.Tax and VAT consultant

Arrangement for Tea & Snakes would be made by the Organizer during the training.
Rejaul Karim
Deputy Commissioner of Taxes, NBR

I am Rejaul Karim, working as Deputy Commissioner of Taxes, Headquarter (admin), Taxes Zone-2, Dhaka. Before that I was posted in Taxes Zone-Bogura. I also worked in NBR specialized unit CIC (Central intelligence Cell) more than four years.
I belong to 33rd batch of BCS (Taxation) Cadre. My home district is Munshiganj. I passed SSC and HSC in the year 1998 and 2000 respectively with first division from humanities group. I completed BA (honours) under the department of Islamic History and Culture from Dhaka University with 2nd class 1st position. I also completed MA from the same department and institution with 1st class 1st position. Before joining BCS (Taxation), I was lecturer at Narshingdi Govt. College, Narsingdi in 28th batch BCS ( Education).

Why This Training is Important:

Tax, particularly income tax is a core issue on the part of the management of corporate houses. It equally affects individual taxpayers. So, tax planning and management becomes a major concern on the part of all types of assesses. Every person either individual or corporate body always tries to keep his or its tax expense at a minimum level and therefore requires good tax personnel to deal with taxation matter very effectively & efficiently. But, as a matter of fact, understanding of income tax is not very easy, as it is by nature very technical & complicated. So, it needs in-depth knowledge and clear conception to discharge duties and responsibilities.

The Income Tax Ordinance, 1984, New Income Tax Act, 2023, relevant SROs with their latest changes, Finance Acts, Case Laws, Transfer Pricing and DTAA would be discussed in details during training session. TDS, procedure of claiming refund, avoiding of penalty and prosecutions, risk area of universal self audit would be discussed in details. Procedure of appeal & tribunal would also be discussed. Therefore, the training session will provide opportunities to learn for those who want to reduce tax liability legally and to avoid unnecessary litigation’s.

How participants will benefit after this training:

The objective and purpose of this course is to provide income tax knowledge especially salary tax, withholding tax and major changes proposed through Budget, 2023. Thus, attending the course, the participants can develop a synoptic view of the INCOME TAX system and on that basis they would be able to perform their INCOME TAX related jobs themselves. Without basic INCOME TAX knowledge, facing an INCOME TAX related problem, anybody becomes confused and worried. On completion of the course, the participants will get knowledge to understand their problems, to do their jobs themselves and to help others in INCOME TAX matters. Thus, they will be able to run the fiscal management in their organizations in far better way; protect their organizations from future troubles; and would be able to develop their career in finance, INCOME TAX and management areas.

Contents of Training :

Day: 01

Introduction to Income Tax, Tax rates and Surcharge

Ø  A brief discussion on income tax

Ø  Basic terminologies

Ø  Heads of Income

Ø  Types of Taxpayers

Ø  Tax Rates & Minimum Tax (location)

Ø  Surcharge and Environment Surcharge

 

 

Day: 02

Calculation of Income from Employment, Rent and Agriculture

Ø  How to calculate Income from Employment

Ø  How to calculate Income from Rent

Ø  How to calculate Income from agriculture in detail

Day: 03

Calculation of Income from Business and Capital Gain

Ø  How to calculate Income from business in detail

Ø  How to calculate Income from the capital gain in detail

Day: 04

Income from Financial Assets and other sources & Investment Rebate

Ø  How to calculate Income from Financial Asset

Ø  How to calculate Income from other sources

Ø  Calculation of Investment Rebate

Ø  Computation of taxable Income and tax liability of an individual

 

 

Day: 05

Minimum Tax and Return Submission

Ø  Concept Minimum Tax (section 163)

Ø  Consequence for filling return after tax day

Ø  Who needs to submit return

Day: 06

Set off and carry forward losses, Returns, Assessments and Notices

Ø  Discussion of set off and carry forward of losses

Ø  Discussion in Individual tax returns and assessments

Ø  Different types of Notices

 

 

Day: 07

 

Ø  Individual Tax Return Preparation & e – Return

Day: 08

TDS Management

Ø  Discussion of advanced payment of tax and simple Interest

Ø  Types of TDS in detail

Ø  Calculation of TDS on Employment, supplier, Contractor, Services, Advertisement, Commission, Discount, Fee and Rent etc)

Ø  Submission of TDS return (Section 177)

Ø  Consequences of non-compliance with TDS regulations

 

 

Day: 09

Issues of Tax Compliance

Ø  Audit Procedure

Ø  Discussion of appeal, Tribunal, High Court & ADR

Ø  Penalty & Prosecution

Day: 10

Corporate Tax Compliance and special tax rate

Ø  Issues of company tax assessment

Ø  Corporate Tax Planning

Ø  Corporate Tax return preparation

Ø  Special tax rate and Voluntary discloser of Income