Tax Internship in Rawalpindi Islamabad at Fawad Associates 03360050007
Internship in Tax in Rawalpindi Islamabad at Fawad Associates Accounts, Banking, Tax, Corporate and Law Firm 03335105188, 03365280876
Internship Programs and Opportunities are offered at Tax and Accounting Firm, Finance and Banking Firm, Corporate and Legal Firm is Professionally Supervised by Mr. Fawad Rasheed CEO Fawad Associates (Tax, Accounts, Banking, and Corporate & Law Firm) under Supervision of Government Recognized Consultants. Mr. Fawad Rasheed is also a Licensed Advocate of District Courts Islamabad (Life Member), High Court Islamabad (Life Member) & Rawalpindi Islamabad Tax Bar Association (RITBA, Life Member), Certified Trainer, Educationist, Government Recognized & Certified Consultant. He renders his expert services in National level Corporate matters, International Law firms, Tax and banking sector, Financials matters in FBR and Government sector, Professional Organizations. He is also CEO at Spectrum Institute of Technology Rawalpindi.
Tax Internship at Fawad Associates gives you experience in preparing, reviewing, and understanding taxation processes for individuals and businesses
Tax Internship Work: A
- Learning & Orientation
- Introduction to tax laws, local, provincial and federal
- Familiarization with income tax, sales tax, and withholding tax concepts
- Understanding tax return forms and filing deadlines
- Practical Tasks
- Data Collection & Documentation
- Gathering financial records, invoices, bank statements
- Organizing receipts and expense records
- Tax Calculations
- Calculating taxable income, deductions, and exemptions
- Applying correct tax rates
- Preparing Tax Returns
- Drafting income tax and sales tax returns in relevant software
- Cross-checking figures with accounting records
Tax Internship Work: B
- Software & Tools
- Use of Tax Preparation Software (IRIS, Excel, QuickBooks & Tally ERP/Tally Prime)
- Working with Spreadsheets for Tax Schedules and Reconciliations
- Research & Analysis
- Studying recent changes in tax laws
- Researching tax benefits, exemptions, and credits for clients
- Preparing short memos on tax updates for supervisors
- Soft Skills & Reporting
- Communicating with clients for missing documents
- Writing clear and concise working papers
- Preparing summary reports for senior accountants
- Assisting in responding to notices from tax authorities
Verifying withholding tax compliance for salaries and vendors
- Compliance Support
