SYLLABUS & MODULES
Module 1: Introduction to Indian Tax System
1.1 Overview of the Indian Tax Structure
- Direct vs. Indirect Taxes
- Central vs. State Taxes
1.2 Key Tax Authorities
- Income Tax Department
- Goods and Services Tax (GST) Council
- Central Board of Direct Taxes (CBDT) and Central Board of Indirect Taxes and Customs (CBIC)
Module 2: Income Taxation
2.1 Basics of Income Tax
- Understanding Income
- Taxable vs. Non-taxable Income
2.2 Income Tax Slabs and Rates
- Individual Taxation
- Corporate Taxation
2.3 Deductions and Exemptions
- HRA, Standard Deduction, and other allowances
- Chapter VI-A Deductions
2.4 Tax Planning and Strategies
- Investments for Tax Savings
- Capital Gains Tax
Module 3: Goods and Services Tax (GST)
3.1 Introduction to GST
- GST Council and GSTN
- GST Rates and Categories
3.2 GST Registration and Compliance
- Threshold limits
- Input Tax Credit (ITC)
3.3 GST Return Filing
- GSTR-1, GSTR-3B, and other returns
- E-invoicing and E-way bills
3.4 Common Challenges and Solutions
- GST Audit
- Handling Input Credit Mismatches
Module 4: Corporate Taxation
4.1 Corporate Tax Structure
- Taxation of Companies
- Minimum Alternate Tax (MAT)
4.2 Tax Planning for Corporates
- Depreciation and Amortization
- Dividend Distribution Tax (DDT)
4.3 Recent Changes and Updates
- Budget Implications
- Regulatory Updates
Module 5: Case Studies and Practical Applications
5.1 Real-life Business Scenarios
- Case studies on tax planning
- Analyzing tax implications in business decisions
5.2 Tax Compliance in Different Industries
- Sector-specific taxation considerations
- Best practices in compliance
Module 6: Interactive Sessions and Q&A
6.1 Live Q&A Sessions
- Addressing participant queries
- Clarifications on complex topics
6.2 Industry Expert Talks
- Inviting tax experts for insights
- Panel discussions on current tax trends
Additional Resources
- Reference materials
- Templates for tax calculations
- Regularly updated content to reflect changes in tax laws
Assessment and Certification
- Assignments and quizzes
- Final project or case study
- Certificate of Completion