Target Group/ Who Should Attend
The course is suitable for mid and junior level executives from all areas of management as well as income tax practitioners.
Eligibility for the course
Any individual, graduate from any discipline working in private, public and NGO or self employed (fresh graduates).
Background of the course
Knowledge of VAT & Tax is essential for people engaged in any type of organizational activity. VAT & Tax is a cost on activities and compliance is the most common area where business and government come into contact. Thus the course will help to develop knowledge about VAT & Income Tax.
Objectives
The purposes of this course are designed to develop the structural knowledge and skill of the participants regarding all aspects of Income Tax & VAT. It will enable participants to acquire a thorough understanding of the Income Tax Ordinance 1984 as amended up-to-date & The Value Added Tax and Supplementary duty Act 2012 of individuals, firms, companies, NGOs etc.
Course Outline
Value Added Tax
– A brief history of VAT law in Bangladesh.
– Sources of VAT knowledge (VAT Act, Rule, SRO, GO, SO, Schedule, Case Ref)
– How does VAT work & value addition
– VAT Chain
– VAT- able Products & Services
– VAT exemption
– VAT calculation
– Truncated base & VAT Tax Source
– Business structure & VAT activities for Business
– VAT Books of accounts & VAT Invoice (Mushak-6.1-Mushak-6.10)
– Online BIN Registration procedure (Mushak-2.1)
– VAT Rebate Mechanism, Eligibility, Adjustment procedure
– VDS Mechanism
– AT Adjustment
– HS Code
– Bill of Entry
– Input Output Coefficient (Mushak-4.3) details
– Online and Manual VAT Return (Mushak-9.1)
– VAT Return Sub-form
Income Tax
– A brief history of income tax law in Bangladesh.
– Scope of income tax law.
– Assesses: Classification of income, residential status.
– Income year and assessment year.
– Tax rates and tax return.
– Heads of income.
Computation of Taxable Income from
– Salaries & Provident Funds
– Interest on Security
– House Property
– Agriculture
– Business or Profession
– Capital Gain
– Income from other Sources
– Advance Income Tax (AIT)
– Return of income
– Computation of tax for Individual and Company
Training Method
Android Apps Lecture, Quiz, Exercise, Group Work, Master Class
Duration: 30 Hours Apps lecture + 12 Group study + 12 Master classes
Timing: Friday & Saturday at (9.00 PM-11.00 PM)
Venue: Android Apps & Zoom online live class
Fees: Tk. 12,000/= (Twelve thousand) only. (50% off for 1st 30 Students!)
Fees to be paid by bKash/Rocket/Nagad/ Bank Accounts (Excluding VAT & Tax).
bKash/Nagad No: 01717-228581 (Personal)
Rocket Acc. No: 01717-2285818 (Personal)
Bank details:
Account Name : Md Abdur Razzaq
Account No. : 0170247921811
Bank Name: IFIC BANK LIMITED
Branch: Federation Branch
Routing No: 120272297
Course Instructor:
Md Abdur Razzaq MBA, ACCA, ITP
Digital VAT Coach
Founder of VATCONS BD
Contact No: 01717228581
Email: arazzaq.acca@gmail.com
Course website link: https://vatconsbd.com/target60/