Please send your reply on seminar@satvam.com or seminar@satvamindia.com



Program on Employee Tax (payroll), perquisite rules & remuneration planning



Date & Time : Tuesday, December 18, 2012 – 09.30 a.m. to 5.30 p.m.

(Registration & breakfast: 9.00 to 9.30 am)



Venue : Savera Hotel, 146, Dr. Radhakrishnan Road, Chennai – 600 004

(Landmark: Opp. Chola Hotel, Near Music Academy)

For location map, visit website www.saverahotel.com



Benefits/ learning objectives:



Rightly said - “Two things in life cannot be avoided – one is death and another is tax”. Tax affects all of us in one-way or another. However, for certain professionals like HR & finance professionals, it is essential to learn & comprehend issues relating to employee tax as a job requirement. One needs to also understand the implications of various components of salary from tax as well as “take home” salary perspective



Contents:



• Tax terminology & essential of salary income

o Fundamentals of salary income

o Salary under section 17 of the Income Tax Act

o Determination of average rate of tax for TDS under section 192



• Perquisite rules as per latest amendments

o Use of Motor Car

o Accommodation

o Concessional or interest free loans

o Use & transfer of moveable assets

o Medical reimbursement

o ESOP (Employee Stock Option)

o Superannuation Fund (SAF)

o Gift Vouchers & Club Expenses

o Food & Beverages

o Credit card expenses



• Important exemptions

o Gratuity

o House Rent Allowance(HRA)

o Leave Travel Allowance

o Liability of the employer to maintain the supporting for LTA, HRA claim



• Remuneration planning

o Meaning

o Scope & limitations of remuneration planning



• Issues relating to liability of tax deduction at source for salary income

o Adjustments of TDS – shortfall or excess deduction of tax at source

o Notice pay implication on TDS

o Adjustment of loss under the head house property from salary income

o Latest changes & applicable amendments



Participation Level:



• HR personnel involved in payroll & designing employee benefits scheme

• Finance personnel dealing in payroll matters

• Personnel & professional who deal or intend to deal with employee tax related matters



Registration Fee:



Rs. 5,300/- plus service tax @ 12.36% per participant which includes refreshments, vegetarian buffet lunch & reference material. Cheque/Demand draft should be drawn in favour of “SATVAM Consulting Private Limited” payable at Mumbai. Our Income Tax PAN is AAICS5300G & Service Tax Assessee code is AAICS5300GST001

Cancellation policy: Fee once paid is non-refundable or non-adjustable in any manner. However, replacement of the participant is allowed



Nomination:



Send nomination along with the cheque and name/contact numbers/ email ids of the participants at

SATVAM Consulting Private Limited – Corporate Training Section

61, Whispering Palms Shopping Centre, Near Oriental Bank of Commerce,

Lokhandwala Township, Akurli Road, Kandivali (East), Mumbai – 400101

Telephone nos.: 022 – 6698 1100 (6 Lines) Fax: 022- 6698 1105

Email: seminar@satvam.com / seminar@satvamindia.com Website: www.satvam.com

Nomination will be confirmed on first come first serve basis on receipt of cheque/DD.



In-house Training Program: If you have more than 10 employees to whom this program is relevant, we will conduct customised training programme for your company’s staff. Please contact us to work out further details – Email seminar@satvam.com / seminar@satvamindia.com or call 022-66981100



Our forthcoming programs:

• December 19, 2012 – Chennai - Program on Practical issues in Tax Deduction at Source (TDS)

• December 20, 2012 – Chennai – Fundamentals of Labour Laws for Managers

• December 13, 2012 – Bangalore - Program on Practical issues in Tax Deduction at Source (TDS)

• December 14, 2012 – Bangalore – Finance for non-finance Managers

• December 15, 2012 – Bangalore – Fundamentals of Labour Laws for Managers



For complete training calendar & brochure, visit our website www.satvam.com or call on 022-6698 1100 or drop an email at seminar@satvamindia.com or seminar@satvam.com



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Attached Files

Employee Tax Chennai December 2012 Common.pdf (27.5 KB, 0 views)