Overview:
Income Tax constitutes major part of
Govt. Tax Revenue. Due to undocumented
economy and dynamics of our tax culture,
different charging and collection
regimes exist including direct
collection mechanism, withholding taxes
mechanism, income base charging, Advance
tax and minimum tax regimes making the
tax laws bit complex especially for
those having limited knowledge of Income
Tax Law. Further, the Tax Payers have
to make certain compliances on periodic
basis which need to be understood to
avoid legal complications. The subject
training program has been designed where
participants can understand the crux of
the income tax law and after attending
this training program, the participants
will be able to understand the
complexity of tax laws enabling them to
handle their relevant tax issues more
conveniently.
Topics:
1.
An overview of Taxation
2.
The concepts of Income Tax
3.
Persons liable to pay Income Tax
4.
Heads of Income
5.
Taxation of Business Income
6.
Taxation of Salary Income, Property Income
7.
Taxation of Capital Gains and Other Incomes
8.
Principles of taxation in certain situations
9.
Treatment of Foreign Source Incomes
10.
Exempt Incomes and Tax Concessions, Tax Credits
11.
Withholding Tax Regime
12.
Concepts of Normal Regime, Final Regime and Minimum Tax Regime
13.
Compliance Requirements and consequences in case of
non-compliances.
WHO SHOULD ATTEND?
·
Chief Financial officers
·
Manager Finance/Accounts/ Taxation
·
Drawing and Disbursement officers
working in govt departments
·
Internal Auditors
·
Fund Managers
·
Tax Managers,
·
Accounts/Finance employees working in
NGOs
·
Students with career in Finance/Accounts
and taxation
RESOURCE PERSON:
MIAN MUHAMMAD RAMZAN, FCMA
Positions: Partner at Tariq
Mustafa Ramzan & Co. (TMRC), a firm of
Cost & Management Accountants
Chief Executive,
TMR Consulting (Pvt) Ltd., an
organization of Financial HR IT and
Management Consultants
Other Positions: Chairman,
Tax-Committee at Islamabad Chamber of
Commerce and Industry (ICCI)
Member, Tax
Advisory Committee, Large Tax Payers
Unit, Islamabad
Member,
Rawalpindi/Islamabad Tax Bar Association
President,
ICMAP Toastmasters Club Islamabad
He has overall 18 years’ professional
experience of working in private and
public sector organizations. Since 2003,
He is engaged in the business of
management consulting and handling
taxation matters of more than 300
organizations.
He has conducted many training courses
on taxation in SMEDA LCCI, RCCI, ICCI,
and SDC & ICMAP. He has been engaged in
training to the personnel of his client
organization.
|
Starting From |
Timings |
Last Date of Registration |
Fee |
|
19-01-13 |
1000-1700
(Saturday) |
17-01-12 |
Rs:5,500
Per Participant |
* 10% Discount for group
of two or more
Duration =
01 Day
