Taxes can be evasive and vex your annual earnings. To manage your earnings better, it is importance to understand the basics and plan your taxes in a legitimate way, thereby reducing your tax liabilities in any given year. With this certification course, you will familiarize yourself with the essentials of Tax Planning which can facilitate you in better utilization of Tax Exemptions, deductions and thereby utilize the benefits offered optimally.
Mode Of Delivery
Taxes are the most vital source of revenue for the government. These may be classified as Direct and Indirect Taxes. Direct taxes are those taxes that are charged directly on the income or revenue generated by assesses. For instance, Income from Salary, Income from Business and Profession, Income from House Property, Income from Other Sources like winning from lotteries, horse races etc., whereas indirect taxes are paid indirectly to the govt., as an example Service Tax, Sales Tax, Value Added Tax etc. Thus direct taxes are a direct hit on an individual’s income whereas indirect taxes are indirect hit on the earning capacity of a person.
By the end of this course, you will be able to:
Module 1: Introduction To Tax Planning
Module 2: Tax Liability of Various Financial Products
Module 3: Types Of Trust And Taxation Of Trust
Module 4: Tax Implications Of Trusts
Module 5: Property Documentation
After successfully completing this course, you can look for opportunities as:
After completing this course and successfully passing the certification examination, the student will be awarded the “Essentials of Tax Planning” certification.
If a learner chooses not to take up the examination, they will still get a 'Participation Certificate'.