Professional Diploma in Taxation – Income Tax – (PIM, Karachi)

INTRODUCTION

Tax is not a cost or burden to a business, good command over it saves an Entity / Individual from various complexities those arise once a transaction is concluded. Now a days Government is making lot of efforts to increase no of taxpayers and have very clear differentiation between tax compliant vs non-compliant Entities/Individuals with the use of word Filer vs non-Filer. Knowledge of Taxation is only necessary for those who are in particular dealing with tax matters but now reasonable level of knowledge is a prerequisite for ever one whether doing business or in employment.

OBJECTIVES

• Introduce basic knowledge of Income Tax and develop concept of Income.
• Develop awareness how to differentiate Income according to its source; Salary/Rent/ Dividend/ Business etc.
• Highlight importance & benefits of Filing Return of Income.
• Removal of misconception of becoming Tax filer.
• Introduce Tax planning and reduction of Tax within legal framework.
• Avoid penalties.
• Develop awareness of adjustment of Tax deducted / withheld in various transactions; Cell phone, Property Transfer, Electric bills etc.

PROGRAM CONTENTS

• Overview of FBR Portal
• Registration of entities / Individuals as new tax payer.
• Discussion of basic concepts and definitions.
• Tax Rates & Rebates, Tax Credits.
• Computation of Taxable Income under various heads.
• Tax Return – Who will file return, Date of Filing Return & Extension.
• Preparing Tax Return on FBR Software.
• Tax payments, Withholding Tax & Advance Tax
• Preparing Withholding Tax Return on FBR Software.
• Tax Refunds
• Assessments

METHODOLOGY

Lectures, group discussions, assignments, case studies.

PROGRAM DURATION/DAYS

The program is of 3 months duration. Classes will be held on Saturday during 3pm to 8pm.

PARTICIPANT PROFILE

• Tax Managers
• Accounting & Finance managers
• Persons dealing with tax matters in functions other than Accounting & Finance.
• R. Managers
• All those who work on taxation in both private and public sector organizations

LEARNING INVESTMENT

The fee for the entire program is Rs. 41,000/- (SST will be applicable on all training programs held in Sindh).

TRAINER PROFILE

Enver A. Ferzan – FCA, MBA & Member Karachi Tax Bar

• Currently running his own Tax consultancy through Ferzan & CO chartered Accountants.
• Served Industry for 30 years.
• Worked as CFO & Company Secretary of Listed Companies.
• Conducted more than 150 Courses for MBA, BBA, CA, ICMA, ACCA courses in frontline Universitas and Professional Bodies.
• Conducted various workshops, seminars and training sessions with various institutes including PIM.

For details and registration please contact

Diploma Office, Management House, Shahrah Iran, Clifton, Karachi
Voice Dir: (+9221) 99251 669 EPABX: (+9221) 9925 1711-14 Fax: (+9221) 9925 1715-16
Cell: 0312-2464634 & 0333-3028660, E-mail: diplomakhi@pim.com.pk