YouExcel Training

ABOUT THE COURSE:

This program is designed to equip participants with a extensive understanding of the tax landscape in Pakistan, from individual taxpayers to different types of organizations. It combines theoretical understanding with practical application, empowering participants to make informed tax-related decisions for themselves or their businesses. It will benefit you as a tool to make effective taxation management strategies by following tax structure and tax laws in Pakistan. This training is designed to make you an expert Tax Specialist.

WHAT YOU WILL LEARN

Learning how to read and navigate income tax ordinance

Navigation of various FBR portals

E-filing through IRIS Portal

Registration in FBR for income tax

Application of SRB Sales tax

Explanation of Taxation regimes

Practicality of Withholding tax matters

Departmental correspondence of Income Tax

Explanation of Taxation regimesEffectively follow Appeal procedures

Application of Sales Tax matters

Practical industry-related case studies

TRAINER PROFILE

Murtaza Ghazi

Tax Management with Return Filing

Murtaza is a Fellow ACCA member. He has completed MBA from Institute of Business Administration Karachi in Marketing. He is a Certified Competent Communicator from Toastmasters International.Murtaza is a Partner IFCMG financial consultants for past 5 years and has extensive experience in taxation advisory services in SME sector. He has over a decade of professional experience in financial services working with KPMG in audit and providing deal advisory in Pakistan and Middle East. He is currently member of ACCA Entrepreneurship committee and member of FPCCI committee on Skills Development.

VALUE ADDED SERVICES

Experienced professional trainers with practical field exposure
100% job and business oriented training
Certificate of completion recognized from Trade Testing Board, Government of Pakistan
Claim Continuing Professional Development (CPD) hours for the training

Lifetime access to exclusive YouExcel alumni via WhatsApp and Facebook groups
Fully equipped training center venue for on-campus trainings readily available with laptops, projectors and air-conditioning
Guest speaker sessions for latest market insights from business leaders

Tax Management with Returns Filing View video demo

View video demo

ABOUT THE COURSE:

WHAT YOU WILL LEARN

COURSE OUTLINE:

Module 1: Salaried Income

1.1 Taxable salary and benefits

1.2 Allowable deductions

1.3 Reliefs available to salaried individuals

1.4 Section 149 and its impact on employees

1.5 Tax planning for salaried individuals

Module 2: Business Income

2.1 Taxable and exempt business income

2.2 Tax withheld on income u/s 153

2.3 Allowable expenses

2.4 Tax depreciation and allowances

2.5 Role of sales tax in business income tax calculations

2.6 Market practice and real FBR cases

2.7 Practical demonstration on Iris portal

2.8 Using portals for verification

2.9 Accounting methodology followed

Module 3: Property Income

3.1 Rental income

3.2 Allowances

3.3 Practical case studies and implications

3.4 Tax planning for property income

Module 4: Capital Gains Tax

4.1 Moveable and immovable property

4.2 Holding period definition

4.3 Assets exempt from CGT

4.4 Role of transfer of legal title of asset in capital gains

Module 5: IRIS Portal Navigation

5.1 Iris portal – for income tax, taxation reports on payments and GST filing

5.2 E.fbr – for challan generation

5.3 Bulk challan generation through FBR template

5.4 Maloomat – for tracking tax withheld

5.5 Verification portal – for tax status verification

Module 6: Sales Tax

6.1 GST rules

6.2 VAT mode – input and output tax rules

6.3 Invoicing requirement (goods code, NTN etc)

6.4 Null return filing

6.5 SRB filing and portal navigation

Module 7: Individual Status Verification

7.1 Active Taxpayer list

7.2 Registration Certificate

7.3 Sales tax status

7.4 SRB verification

Module 8: Return Filing Training

8.1 Income Forms

8.2 Wealth Statements

8.3 Reconciliation of income to wealth

8.4 Practical case studies

8.5 Salaried individual filing template and income tax calculator

Module 8: Return Filing Training

8.1 Income Forms

8.2 Wealth Statements

8.3 Reconciliation of income to wealth

8.4 Practical case studies

8.5 Salaried individual filing template and income tax calculator

Module 9: Registration of Income Tax

9.1 Registration process for individuals, associations of persons, companies, and non-profit organizations

Module 10: Taxation Regimes

10.1 Explanation of normal tax, final tax, and minimum tax regimes

Module 11: Withholding tax matters

11.1 In-depth exploration of withholding tax sections, rates, exemptions, and adjustments

11.2 Responsibilities and rights of withholding agents

11.3 How to prepare and submit withholding tax statements

Module 12: Departmental Correspondence income tax

12.1 Handling departmental notices, proceedings, and audits

12.2 Techniques for effectively responding to inquiries and discussions with tax officers

12.3 Insights into different assessment types and their procedures

Module 13: Practical procedure involve in calming refunds

13.1 Explanation of the process to claim tax refunds

Module 14: Appeal procedure

14.1 Detailed guidance on filing appeals, drafting facts and grounds of appeal

14.2 Applying for a stay and representing before higher courts

Module 15: Sale Tax

15.1 A comprehensive exploration of the scope of tax on goods and services, covering taxability, registration requirements, and tax liability determination for major sectors

15.2 Exploration of withholding taxes under both federal and provincial laws, with a focus on practical examples

Tax Management with Returns Filing

View video demo