Tax Planning and Changes of Income Tax in Finance Act, 2012, New SROs & More
|Held on : Saturday, June 23, 2012|
|Venue : Bdjobs Training, BDBL Building (Level 19), 12 Kawran Bazar C/A, Dhaka 1215.|
|No. of Participants : 25|
|No photos found|
|Session 01: An overview of Finance Act, 2012
• Recent changes through finance Act, 2012
• New SROs
Session 02: Different heads of Income and methods of calculations:
• Salaries- how to calculate income from salaries.
• Interest on securities- method of calculation
• Income from house property- how to calculate income from house property
• Agricultural income- how to calculate agricultural income
• Income from business or profession- method of calculation
• Capital gains- how to calculate capital gains, specially share capital gain.
• Income from other sources- method of calculation
Session 03: Fiscal incentives & exemptions and Risk areas
• Income fully exempt from tax
• Tax exemption in respect of foreign remittance
• Tax rebate for individual assesses
• Risk factor of universal self assessment
• Not Admissible expenditure for Individual Assessee
• Audit of universal self assessment
• Desk audit & field audit
• Real world Case study for Individual tax assessment
Session 04: Case study continued & Open floor discussions:
|Md. Abdul Latif
Mr. Md. Abdul Latif, additional commissioner of taxes, National Board of Revenue, has more than eighteen years of extensive experience in the are of taxation both in the field level and national policy making level. Currently he is working in the inspecting range-01, Taxes zone-13, as an inspecting additional commissioner of taxes and supervises assesment of taxes. Before that Mr Latif was first secretary (income tax plicy) in the National Board of Revenue (NBR) and assisted to formulate tax policy for the nation.
Mr. Latif was the Joint Director General of Central Intelligent Cell (CIC) in the National Board of Revenue (NBR) and specially trained by IRS and FBI , USA for detecting financial fraud. He also worked as a deputy secretary (legal) in the Truth and Reconciliation Commission. Mr. Latif is recognized as an expert in Avoidance of Double Taxation negotiations and represents Bangladesh on Avoidance of double taxation negotiation with UAE and Kuwait.
Mr. Latif is a BUET graduate, having post graduation from Australia in professional Accounting, is always very enthusiastic to spread his knowledge and experience with the general people of the country. As a result this multi-talented personality has become one of the most veteran training professionals in Bangladesh in the field of taxation. He has conducted a number of training programs in BCS Taxation Academy , Bangladesh Public Administration Training Center (BPATC), Savar and many other leading training institutions. He is also an Assistant Professor (part time) of the Brac University and teaches fiscal law. He received several overseas training on direct tax in USA , Australia , Malaysia , Indonesia , Thailand and India .