This training is beneficial for, Finance Managers, Finance Officers, Accountants, Small Business Owners, Students, Graduates and aspiring Professionals.
Whether we are Finance Managers, Finance Officers, Accountants, Small Business Owners, Graduates, or Students, understanding tax complexities is crucial for both our careers and daily responsibilities. Navigating the intricate web of tax laws, rules, regulations, and government directives designed to enhance revenue mobilization can be challenging. Many of us find it difficult to correctly interpret and apply these provisions, and the annual amendments only add to the confusion and challenges in their execution.
Income Tax and Value Added Tax (VAT) Acts, in particular, are integral to almost all organizations, making them essential areas of knowledge for anyone involved in finance or business. A strong grasp of these laws not only ensures compliance but also aids in effective financial planning and decision-making. Staying updated with the latest changes and understanding how to implement them correctly can significantly impact the success of an organization.
If you are in a profession where tax-related tasks are a regular part of your duties, or if you have a keen interest in mastering this complex field, this training offers you the opportunity to enhance your skills and knowledge. By participating, you’ll gain the tools needed to confidently handle tax matters, ensuring that you and your organization remain compliant and efficient in a constantly evolving regulatory environment.
This comprehensive training on "Income Tax and VAT" is designed to provide accounting professionals and aspiring individuals with the essential knowledge and skills needed to effectively implement tax regulations. The topics covered in the sessions are:
Day 1
Concept of Income Tax
PAN registration
Income Heads
Employment Income
Day 2
Business Income
Income Tax Return
TDS (Tax deduction at source)
Amnesty’s provided by Finance Act, 2081
Day 3
Concept of VAT
VAT registration
Taxable Value
Input VAT credit
VAT return
Amnesty provided by Finance Act,2081
Mr Prabin Raj Kafle is a Fellow Chartered Accountant (FCA) and a member of the Institute of Chartered Accountants of Nepal (ICAN), as well as the Institute of Chartered Accountants of India (ICAI). He achieved an “All India Merit Rank” in the Professional Examination Course conducted by ICAI and is also a Certified Instructor from the Training Institute for Technical Instruction (TITI). With over 13 years of post-qualification experience in Accounts, Finance, and Taxation, Mr Kafle has undertaken a wide range of assignments in management consulting, internal audit, statutory audit, bookkeeping, payroll maintenance, and more, both nationally and internationally. He currently serves as the proprietor of P.R.K Associates, Chartered Accountants, based in Kathmandu. Beyond his role at P.R.K Associates, Mr Kafle contributes as a resource person for several prestigious organizations, including the Institute of Chartered Accountants of Nepal (ICAN), the Accounting Standards Board Nepal (ASB), and the Council for Technical Education and Vocational Training (CTEVT). He is also the author of "Taxation Nepal," a widely used learning resource for aspiring Chartered Accountants
* Note: All the prices are inclusive of taxes