Corporate Basics of Statutory Compliance and Taxation Training Course

Edstellar's Basics of Statutory Compliance and Taxation instructor-led training course equips employees with the skills to manage GST, TDS, and business data effectively. The teams will learn to manage data and year-end financial activities, ensuring teams can maintain accurate records, meet regulatory requirements, and minimize compliance risks.

Duration

16 - 24 hrs

Delivery Type

Instructor-led Group Training
(Virtual / On-site / Off-site)

Training Available in

10 Languages

Multiple Locations

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About Learning Outcomes Key Benefits Course Outline Target Audience Training Modes Certificate Trainers Request a Training Quote

Drive Team Excellence with Basics of Statutory Compliance and Taxation Corporate Training

Empower your teams with expert-led on-site, off-site, and virtual Basics of Statutory Compliance and Taxation Training through Edstellar, a premier corporate training provider for organizations globally. Designed to meet your specific training needs, this group training program ensures your team is primed to drive your business goals. Help your employees build lasting capabilities that translate into real performance gains.

Basics of Statutory Compliance and Taxation revolves around understanding and adhering to the legal regulations and tax obligations imposed by the government on businesses. It is essential for organizations to ensure compliance with these laws to avoid penalties, legal issues, and maintain ethical practices, ultimately contributing to their sustainability and growth. Basics of Statutory Compliance and Taxation training course equips individuals with the necessary knowledge and skills to navigate the complex landscape of legal and tax requirements within an organization.

Basics of Statutory Compliance and Taxation instructor-led training course provided by Edstellar can be customized to meet team requirements. The virtual/onsite Basics of Statutory Compliance and Taxation training course led by expert trainers ensures employees gain comprehensive knowledge and practical skills in managing GST, TDS, and business data.

Get Customized Expert-led Training for Your Teams

Customized Training Delivery

Scale Your Training: Small to Large Teams

In-person Onsite, Live Virtual or Hybrid Training Modes

Plan from 2000+ Industry-ready Training Programs

Experience Hands-On Learning from Industry Experts

Delivery Capability Across 100+ Countries & 10+ Languages

Key Skills Employees Gain from instructor-led Basics of Statutory Compliance and Taxation Training

Business Central Functional with Taxation skills corporate training will enable teams to effectively apply their learnings at work.

Financial Reporting
Financial Reporting is the process of preparing and presenting financial statements to communicate a company's financial performance. This skill is important for accountants and financial analysts, as it ensures transparency, aids decision-making, and complies with regulations.
VAT Management
Vat Management involves overseeing Value Added Tax processes, ensuring compliance with regulations, and optimizing tax liabilities. This skill is important for finance roles to minimize risks and enhance profitability.
Inventory Valuation
Inventory Valuation is the method of determining the worth of a company's inventory. this skill is important for finance and supply chain roles to ensure accurate financial reporting and effective inventory management.
GL Reconciliation
Gl Reconciliation is the process of ensuring that general ledger accounts are accurate and consistent. This skill is important for accountants and financial analysts to maintain financial integrity and support accurate reporting.
COGS Calculation
Cogs Calculation refers to determining the direct costs of producing goods sold. This skill is important for finance and accounting roles, as it impacts pricing, profitability, and inventory management.
Trial Balance Analysis
Trial Balance Analysis is the process of reviewing and verifying the accuracy of a company's financial records. this skill is important for accountants and financial analysts to ensure accurate reporting and compliance.

Key Learning Outcomes of Basics of Statutory Compliance and Taxation Training Workshop for Employees

Upon completing Edstellar’s Basics of Statutory Compliance and Taxation workshop, employees will gain valuable, job-relevant insights and develop the confidence to apply their learning effectively in the professional environment.

Register for Goods and Services Tax (GST) based on eligibility criteria
Classify business transactions to determine applicable GST rates
Prepare accurate GST invoices with the necessary components
Claim Input Tax Credit (ITC) considering relevant conditions
Deduct Tax Deducted at Source (TDS) at appropriate rates and thresholds

Key Benefits of the Basics of Statutory Compliance and Taxation Group Training with Instructor-led Face to Face and Virtual Options

Attending our Basics of Statutory Compliance and Taxation group training classes provides your team with a powerful opportunity to build skills, boost confidence, and develop a deeper understanding of the concepts that matter most. The collaborative learning environment fosters knowledge sharing and enables employees to translate insights into actionable work outcomes.

Equips the team with the techniques for GST registration and filing accurate GST returns
Empower employees with the skills to calculate and deduct TDS at the appropriate rates
Develop required skills in employees to manage business data for efficient statutory compliance
Cultivate ideas in teams for leveraging data analysis tools to ensure compliance reporting
Provide insights into best practices for secure data storage to maintain financial records

Topics and Outline of Basics of Statutory Compliance and Taxation Training

Our virtual and on-premise Basics of Statutory Compliance and Taxation training curriculum is structured into focused modules developed by industry experts. This training for organizations provides an interactive learning experience that addresses the evolving demands of the workplace, making it both relevant and practical.

Goods and Services Tax (GST)

Introduction to GST
- Overview of GST
- Importance of GST in business
GST registration
- Eligibility and requirements
- Step-by-step registration process
GST returns
- Types of GST returns
- Filing GST returns
- Due dates and compliance
GST invoicing
- Components of a GST invoice
- Creating and managing GST invoices
Input Tax Credit (ITC)
- Understanding ITC
- Claiming ITC and related conditions
GST compliance
- Maintaining records and accounts
- Penalties for non-compliance
Recent updates and amendments
- Latest changes in GST laws
- Impact on businesses

Tax Deducted at Source (TDS)

Introduction to TDS
- Overview and importance of TDS
- Key provisions under the Income Tax Act
TDS rates and threshold limits
- Applicable TDS rates
- Threshold limits for various payments
TDS deductions and payments
- When to deduct TDS
- How to make TDS payments
TDS returns filing
- Types of TDS returns
- Filing procedures and deadlines
TDS certificates and compliance
- Issuing TDS certificates
- Ensuring TDS compliance and record-keeping
Penalties and interest
- Penalties for non-deduction or late payment
- Interest calculations and implications

Management of Business Data

Importance of data management
- Role of data in statutory compliance
- Benefits of effective data management
Data collection and storage
- Methods for data collection
- Secure data storage practices
Data analysis and reporting
- Analyzing business data for compliance
- Generating statutory reports
Software tools for data management
- Overview of data management software
- Selecting and using the right tools
Data security and privacy
- Ensuring data security
- Compliance with data privacy regulations

Moving to the Next Financial Year

Closing the financial year
- Steps to close the financial year
- Finalizing accounts and statements
Preparing for the new financial year
- Setting up new ledgers and accounts
- Carrying forward balances
Compliance checklist
- Ensuring all statutory compliance for the year-end
- Updating with new regulations and changes
Strategic planning
- Planning for tax savings and compliance
- Setting financial goals and budgets
Reporting and audits
- Preparing for statutory audits
- Generating necessary reports
Updating records and systems
- Updating accounting software and systems
- Ensuring smooth transition to the new financial year

Who Can Take the Basics of Statutory Compliance and Taxation Training Course

The Basics of Statutory Compliance and Taxation training program can also be taken by professionals at various levels in the organization.

Tax Auditors
Compliance Officers
Financial Analysts
Accountants
Controllers
Auditors
Financial Managers
Tax Managers
Risk Managers
Legal Advisors
Bookkeepers
Financial Planners

Prerequisites for Basics of Statutory Compliance and Taxation Training

Employees with a basic understanding of fundamental accounting principles and practices, the ability to read and interpret balance sheets, income statements, and cash flow statements, basic awareness of legal terminologies and principles related to business operations, and the ability to analyze financial data and understand its implications can take up the Basics of Statutory Compliance and Taxation training course.

Request a Quote for your Corporate Training Requirements

Delivering Training for Organizations across 100 Countries and 10+ Languages

Corporate Group Training Delivery Modes
for Basics of Statutory Compliance and Taxation Training

At Edstellar, we understand the importance of impactful and engaging training for employees. As a leading Basics of Statutory Compliance and Taxation training provider, we ensure the training is more interactive by offering Face-to-Face onsite/in-house or virtual/online sessions for companies. This approach has proven to be effective, outcome-oriented, and produces a well-rounded training experience for your teams.

Virtual Basics of Statutory Compliance and Taxation Training

Edstellar's Basics of Statutory Compliance and Taxation virtual/online training sessions bring expert-led, high-quality training to your teams anywhere, ensuring consistency and seamless integration into their schedules.

With global reach, your employees can get trained from various locations

The consistent training quality ensures uniform learning outcomes

Participants can attend training in their own space without the need for traveling

Organizations can scale learning by accommodating large groups of participants

Interactive tools can be used to enhance learning engagement

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On-site Basics of Statutory Compliance and Taxation Training

Edstellar's Basics of Statutory Compliance and Taxation inhouse face to face instructor-led training delivers immersive and insightful learning experiences right in the comfort of your office.

Higher engagement and better learning experience through face-to-face interaction

Workplace environment can be tailored to learning requirements

Team collaboration and knowledge sharing improves training effectiveness

Demonstration of processes for hands-on learning and better understanding

Participants can get their doubts clarified and gain valuable insights through direct interaction

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Off-site Basics of Statutory Compliance and Taxation Training

Edstellar's Basics of Statutory Compliance and Taxation offsite face-to-face instructor-led group training offer a unique opportunity for teams to immerse themselves in focused and dynamic learning environments away from their usual workplace distractions.

Distraction-free environment improves learning engagement

Team bonding can be improved through activities

Dedicated schedule for training away from office set up can improve learning effectiveness

Boosts employee morale and reflects organization's commitment to employee development

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Edstellar: Your Go-to Basics of Statutory Compliance and Taxation Training Company

Experienced Trainers

Our trainers bring years of industry expertise to ensure the training is practical and impactful.

Quality Training

With a strong track record of delivering training worldwide, Edstellar maintains its reputation for its quality and training engagement.

Industry-Relevant Curriculum

Our course is designed by experts and is tailored to meet the demands of the current industry.

Customizable Training

Our course can be customized to meet the unique needs and goals of your organization.

Comprehensive Support

We provide pre and post training support to your organization to ensure a complete learning experience.

Multilingual Training Capabilities

We offer training in multiple languages to cater to diverse and global teams.

Testimonials

What Our Clients Say

We pride ourselves on delivering exceptional training solutions. Here's what our clients have to say about their experiences with Edstellar.

"Attending the Basics of Statutory Compliance and Taxation training was transformational for my professional development. As a Senior Compliance Officer, the deep dive into strategic frameworks gave me the confidence to hands-on exercises were immediately applicable to my work. These specialized skills have positioned me for significant advancement opportunities within my organization. This course has become foundational to my continued success.”

Kendall Cunningham

Senior Compliance Officer,

Regulatory Compliance Platform Provider

"This Basics of Statutory Compliance and Taxation course was precisely what I needed to design robust operational excellence architectures. The hands-on approach to expert-led workshops and seamless integration multiple organizational projects using advanced techniques from this training. We've reduced implementation timelines by 45% on comparable projects. The comprehensive curriculum has elevated my solution delivery capabilities significantly.”

Jakub Kowalski

Lead Network Security Engineer,

Risk & Compliance Platform

"As a Principal Risk Management Specialist leading professional expertise operations, the Basics of Statutory Compliance and Taxation training provided our team with essential industry best practices expertise at scale. our complete operational footprint. Our department achieved a remarkable 50% improvement in operational efficiency metrics. This course has proven invaluable for driving our organizational transformation and sustained excellence.”

Karthik Sundaram

Principal Risk Management Specialist,

Governance Solutions Firm

“Edstellar’s Management training programs have greatly improved our teams’ ability to lead with clarity, confidence, and operational efficiency. The sessions combine practical leadership frameworks, real-world case studies, and hands-on exercises that strengthen decision-making, cross-functional collaboration, and execution excellence across departments, driving measurable improvements in overall business performance.”

Meera Rao

HR & L&D Head,

A Global Services Company

Get Your Team Members Recognized with Edstellar’s Course Certificate

Upon successful completion of the training course offered by Edstellar, employees receive a course completion certificate, symbolizing their dedication to ongoing learning and professional development.

This certificate validates the employee's acquired skills and is a powerful motivator, inspiring them to enhance their expertise further and contribute effectively to organizational success.

We have Expert Trainers to Meet Your Basics of Statutory Compliance and Taxation Training Needs

The instructor-led training is conducted by certified trainers with extensive expertise in the field. Participants will benefit from the instructor's vast knowledge, gaining valuable insights and practical skills essential for success in Access practices.

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Edstellar is a one-stop instructor-led corporate training and coaching solution that addresses organizational upskilling and talent transformation needs globally. Edstellar offers 2000+ tailored programs across disciplines that include Technical, Behavioral, Management, Compliance, Leadership and Social Impact.

Corporate Basics of Statutory Compliance and Taxation Training Course

Drive Team Excellence with Basics of Statutory Compliance and Taxation Corporate Training

Key Skills Employees Gain from instructor-led Basics of Statutory Compliance and Taxation Training

Key Learning Outcomes of Basics of Statutory Compliance and Taxation Training Workshop for Employees

Key Benefits of the Basics of Statutory Compliance and Taxation Group Training with Instructor-led Face to Face and Virtual Options

Topics and Outline of Basics of Statutory Compliance and Taxation Training

Goods and Services Tax (GST)

Tax Deducted at Source (TDS)

Management of Business Data

Moving to the Next Financial Year

Who Can Take the Basics of Statutory Compliance and Taxation Training Course

Prerequisites for Basics of Statutory Compliance and Taxation Training

Corporate Group Training Delivery Modes for Basics of Statutory Compliance and Taxation Training

Explore Our Customized Pricing Package forBasics of Statutory Compliance and Taxation Corporate Training

Edstellar: Your Go-to Basics of Statutory Compliance and Taxation Training Company

Experienced Trainers

Quality Training

Industry-Relevant Curriculum

Customizable Training

Comprehensive Support

Multilingual Training Capabilities

What Our Clients Say

Get Your Team Members Recognized with Edstellar’s Course Certificate

We have Expert Trainers to Meet Your Basics of Statutory Compliance and Taxation Training Needs

Other Related Corporate Training Courses

Explore More Courses

Corporate Group Training Delivery Modes
for Basics of Statutory Compliance and Taxation Training

Explore Our Customized Pricing Package for
Basics of Statutory Compliance and Taxation Corporate Training