IBFC Tax Training

Live Online & Classroom Enterprise Training

IBFC Tax is a foundational course designed to provide practical and conceptual understanding of taxation as it applies to individuals, banking, finance, and corporate environments, with a focus on Indian tax regulations.

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What is IBFC Tax Training about?

This course introduces learners to the core principles of direct and indirect taxation, including income tax computation, deductions, compliance requirements, and the role of tax in banking and financial operations. It emphasizes practical application, regulatory awareness, and real-world scenarios relevant to finance and corporate professionals.

What are the objectives of IBFC Tax Training ?

Understand fundamentals of the Indian taxation system
Learn income tax computation for individuals and businesses
Apply tax laws in banking and financial transactions
Gain awareness of statutory compliance and filing requirements
Interpret tax provisions impacting financial decision-making

Who is IBFC Tax Training for?

Banking and financial services professionals
Accounts and finance executives
Fresh graduates entering finance or commerce roles
Business owners and entrepreneurs
Compliance and operations professionals

What are the prerequisites for IBFC Tax Training?

Prerequisites:

Basic knowledge of accounting concepts
Understanding of finance or banking fundamentals
Familiarity with business terminology
Interest in taxation and compliance
Basic numerical and analytical skills

Learning Path:

Basics of Accounting and Finance
Introduction to Indian Taxation System
Direct Taxes and Income Tax Computation
Tax Compliance, Returns, and Documentation
Tax Planning in Banking and Finance Context

Related Courses:

Fundamentals of Accounting
Banking Operations and Compliance
Corporate Finance Essentials
GST Basics and Compliance

Available Training Modes

Live Online Training

2 Days

Course Outline Expand All

Expand All

Module 01: Labuan IBFC

Legislations and regulations

Scope of charge and tax system

Record keeping and assessibility

Compliance and administrative provisions

Substance requirements

Transfer pricing and anti-tax avoidance

Tax incentives

Module 02: Income Tax Act 1967

General understanding of key areas relevant to

Labuan IBFC

Tax implications of ITA on Labuan IBFC

Labuan IBFC and compliance with ITA

Withholding taxes in Malaysia

Exemptions

Module 03: Real Property Gains Tax

Scope of chargeability

Chargeable persons

Computation of chargeable gain/loss

Payment of tax

Exemptions

Module 04: Stamp Duty

General rules on stamp duty

Scope of charge

Stamping of instruments

Exemptions

Module 05: Service Tax

Basis of charge

Taxable persons and taxable services

Principles of Principal Customs Area (PCA) and

Designated Area (DA)

Designated Areas and Labuan island

Summary of service tax requirements

Module 06: Double Tax Agreements (DTA)

Objectives

DTA relief

Residence

Non-Resident and withholding tax

Anti-avoidance

Who is the instructor for this training?

The trainer for this IBFC Tax Training has extensive experience in this domain, including years of experience training & mentoring professionals.

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