Day Long Workshop on Changes of VAT & Income Tax

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Start Date: August 22, 2014
End Date: August 22, 2014
Time: 9:00 am to 5:00 pm

Location: House # 55, Road # 6, Block # C, Banani, Dhaka -1213

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Workshop on Changes of VAT & Income Tax SRO, Rate of duty, in this FY-(14-15)


VAT Workshop Overview:

VAT is a new dimension in the tax area of Bangladesh. Though it has been implemented since 1991-still our academic books are not sufficient enough to address these accounting aspects systematically. Government is now a day’s very much harsh in collection of VAT from all relevant sources. The area of the VAT is increasing day-by-day. It is true that organizations are paying VAT still they are not in a position to keep their records as per VAT act and rules to substantiate their legitimate position. VAT authorities are not also accommodating in this perspective. Therefore, taxpayers are in dilemma to tackle this critical diverse situation. Keeping in mind the busy schedule of the management of the 21 century and the need of clear understandings about VAT transactions the magnitude of the presentation would be optimal so that participants can derive maximum benefits and effectively handle the complexities of VAT related issues in their day to day affairs.


Objectives of the VAT Workshop :

France in 1954 and Bangladesh in 1991 has introduced VAT. At present approximately 120 countries are exercising VAT in the world. Since inception of VAT Government has been modernizing and simplifying this tax policy. This FY 2011-12 there are also many changes in Acts, Rules, SROs and Regulations as part of its simplification. To clarify all dilemma and changes, first we need to understand than to be understood. So fill up the gap between theory and practice to minimize cost of business and pay VAT perfectly.


How participants will benefit after this VAT workshop:

The purpose of this program is to provide the participants up-to-date knowledge regarding procedures of audit and accounting under VAT system. Thus attending the program, the participants:

Can develop knowledge and guidelines regarding audit and accounts under VAT system and can find solutions to their many queries;

Can run the fiscal management in their organizations in far better way;

Can protect their organizations from future troubles; Can further develop their career in finance, management and VAT.


Who would be benefited?

• Management Trainees
• Accounts/Finance Executives
• Managers/Sr. Managers (F & A)
• Commercial Managers
• Anyone interested to build their career in Accounts & Finance


Contents of VAT Workshop:

First session

  • Latest changes in FY 2014-15 budget


  • Back ground, History, mission & role of VAT


  • VAT on trade, manufacturer, supply, services, VAT at source


  • Specially VAT on Limited Co. Bank, Insurance, NGOs


  • Self assessment, rebate, exemption & exception


  • Value, VAT calculation, return & accounting


  • Dispute settlement and what not.

Question & answer

Trainer Profile

Md. Lutfor Rahman,

Commissioner, Customs & VAT

Md. Lutfor Rahman, joined in Bangladesh Civil Service after earned his master’s in Soil Science from Dhaka University and BSC Examination. First, he was posted as Assistant Commissioner of Customs in the year1988. During his service he took extensive management and foundation training at the Customs, Excise & VAT Training Academy, and Chittagong and then at the Bangladesh Public Administration Training Centre at Savar, he earned the attention of his trainers.

Mr. Rahman is directly involved and associated with Bangladesh VAT policy and implementation system since its inception in 1991. He has two years tremendous experience in direct and indirect tax policy and national budget system in Bangladesh and every year he is amending first schedule (Classification) of the customs administration.



Lecture on specified topic supported by Audio Visual & Power Point slide, Group Activities, Question and Answer Session, Kit & lecture sheet would be provided to each participant.

Certificate will be awarded to the participants at the end of this Workshop

We Arrange In-House, Out bound, Customized Training














About The Income Tax Workshop:

Tax planning is an important issue for individual to manage his tax expenditure. Every person always tries to keep his tax expense at a minimum level. For this reason one has to be very much updated. As rules & regulations of income tax changes in every year depending on economy’s requirements. Many changes have been done in income tax ordinance through finance Act, 2014. All the changes would be discussed in detail in the workshop. Moreover tax incentives and exemptions would be discussed so that one can maximize his benefit reducing tax liabilities. One real world case study would be represented during the session. Therefore, the training session will provide opportunities to learn for those who want to reduce tax liability and to avoid unnecessary litigation.

How participants will benefit after this Income Tax workshop:

The objective and purpose of this course is to provide income tax knowledge specially salary tax, withholding tax and major changes proposed through Budget,2014. Thus, attending the course, the participants can develop a synoptic view of the INCOME TAX system and on that basis they would be able to perform their INCOME TAX related jobs themselves. Without basic INCOME TAX knowledge, facing an INCOME TAX related problem, anybody becomes confused and worried. On completion of the course, the participants will get knowledge to understand their problems, to do their jobs themselves and to help others in INCOME TAX matters. Thus, they will be able to run the fiscal management in their organizations in far better way; protect their organizations from future troubles; and would be able to develop their career in finance, INCOME TAX and management areas.


Who would be benefited?

Anybody desirous of knowing the basics of INCOME TAX can attend the course. Junior and mid-level executives of businesses, offices and industries dealing with INCOME TAX, finance, audit, inventory, management, procurement, HR, supply chain can attend the course. Career beginners in those areas can attend the course. Senior level managers and owners of industries and businesses can attend the course to obtain basic knowledge to lead their team in better ways. Those desirous of beginning their careers in private sector can attend the course. INCOME TAX officials and employees can attend the course. Practitioners of Audit and Accounting Firms, Law Firms, Consultants and others can attend the course.



Contents of Income Tax Workshop:


Second session

  • Changes at income tax law through National Budget (Finance Bill,2014 and related S.R.O)


  • Deduction of tax at source


  • Salary Tax Assessment, Filing of income tax return under Universal Self Assessment Procedure, reconciliation of wealth statement and life style statement,calculation of Tax taking into consideration of investment tax rebate- with practical demonstration


Question & answer

Trainer Profile

Ranjan Kumar Bhowmik, FCMA

Director General

B.C.S(Tax) Academy, Dhaka

Mr. Ranjan Kumar Bhowmik, FCMA is a senior fellow member of ICMAB, a part time faculty of both ICMAB and ICAB and a brilliant income tax officer of the country. Currently he is Director General, B.C.S (Tax) Academy, Dhaka. He joined the Taxation Cadre Service in 1989 and served the income tax department at different capacities from Assistant Commissioner to Commissioner of Taxes. Before joining the Government Service he served Bangladesh Bank for 1½ years as an Assistant Director and passed Banking Diploma (both part) from The Institute of Bankers, Bangladesh (IBB) in one chance.

Mr. Bhowmik qualified as a Cost and Management Accountant in January 1991 from ICMAB and became an Associate member of the Institute in May 1991 and Fellow member in June, 1996. He passed B. Com. (Hons.) and M. Com. in Accounting from the University of Dhaka in 1983 & 1984 respectively. He secured all through first class in his academic career. He also stood 1st in the BCS (Taxation) Cadre of 1986(8th) batch. He got cash reward from the National Board of Revenue (NBR) almost every year for detection of tax evasion.


Per Person Fees: 4,000Tk. Only

Registration Last Date: 21st August,2014

Please Call For Registration

Ms.Suraiya Mou, Md.Kamrul Hasan

(Training Division)


Institute Of Professional Development Programs (IPDP)

House # 55, (2nd Floor), Flat # B2, Road # 6, Block # C, Banani, Dhaka -1213










Organized by :  IPDP Training Organizer's Address : House # 55, Road # 6, Block # C, Banani, Dhaka -1213 Mobile : 01946752388, 01198254969 Email : Website :

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