Professional Documents
Culture Documents
Employment Based Internship Report
Employment Based Internship Report
1. Introduction .......................................................................................................................... 3
3. Specific Concepts, Knowledge, and Operating Tools Learnt at Iobm - Applied in This Job......... 7
Saiduddin and Co. have various practice areas like Taxation, Alternate Dispute Resolution, Arbitration, Labor,
Conveyancing & Property, Corporate & Commercial Advisory, Intellectual Property, and Litigation. The Firm
has its practice expertise in industries such as Aviation, Capital Markets, Consumer Goods & Retail, Financial
Institutions, Hotels, Resorts & Tourism, Industrials, Manufacturing & Transportation, Oil & Gas Energy, Private,
Equity, Real Estate & Infrastructure, Startups, Technology, Media & Telecommunications.
For HR responsibilities, the Firm relies on the expertise of Mr. Hashim Lodhi, Senior Advocate/Head of HR, who
handles specific HR duties on the side along with his primary legal responsibilities. Mr. Hashim is a direct
contact for matters related to issuing Certificates, Letters, Salary Slips, and other HR duties.
Regarding Marketing Strategy, the Firm does not have a dedicated marketing department or a formal
marketing strategy. Instead, for building reputation and client acquisition, the Firm relies on its established
network, word-of-mouth referrals, the reputation & vast network of Partners, and the work of lawyers to
deliver exceptional legal services.
1.5. Main Competitors
FazleGhani Advocates
The Firm was established in 1971 and has practice areas including Arbitration, Commercial Law, Constitutional
& Administrative, and Taxation. This Firm also has practice expertise in mostly similar areas as Saiduddin & Co,
such as Admiralty & Shipping, Banking & Finance, Confidentiality, Conflict of Laws and Islamic Law, Construction
and Engineering Corporate Crime, Drug Regulatory, Employment & Industrial Relations, Financial Services and
Insurance, General Civil Law, Intellectual Property, International Trade, Investment, Jurisdictional Disputes, Oil
& Gas, Power & Energy Sector, and Telecommunications.
4. Client-Centric Approach
The Firm’s Partners show a client-centric approach, committing themselves to thoroughly understanding the
complexities of each case and crafting tailored strategies for each client. This solid commitment and devoted
attention to providing exceptional services to every client allow the Firm to develop long-lasting and strong
relationships with its clients.
5. Effective Communication
Clear and effective communication within the Firm and externally with the clients ensures that information is
conveyed on time & accurately, allowing the clients to stay updated at all times in respect to their issues and
compliances.
1.7. Strengths and Weaknesses of the Business
Strengths
There are many strengths of the Firm, including but not limited to:
Expert Team
Possessing an expert team well-versed in the complexities of the Law and Tax industry allows the Firm to serve
each client’s unique need with specifically tailored strategies.
Weaknesses
Limited Structures
Having no separate departments such as Financial, Corporate, Marketing, and HR may or may not limit the
Firm’s growth in the future. Nevertheless, having dedicated departments, each working on its specialized area,
would allow the Firm to reach a level – in terms of Client Acquisition, Financial Planning, Employee Training &
Development, etc. - that surpasses its current position by a considerable margin, which would allow the Firm
to expand its client base and formulate effective growth strategies for the future.
2. Job, Responsibilities, and Professional Contribution
Furthermore, drafting notices in response to a wide range of notices received by clients from authorities,
preparing relevant supporting grounds, tax computations, evidence, and others, to help prepare seniors for
their cases against the authorities and their respective officers.
Since my job was at a Tax Firm, the first thing that helped me at the job was my learning in the course
mentioned above. Sir Nauman taught us the practical aspects of filing taxes for salaried individuals,
non-salaried individuals, Tax on Income from Business, Tax computations Such as computations u/s
7E of the Income Tax Ordinance, 2001, and other tax computations. This course also taught me the
backend of tax calculations, such as the laws pertaining to each tax percentage deduction, etc. These
things helped me understand the complexities of Tax laws at my job, enabling me to learn other
practical aspects of my job quickly.
Consumer Protection Act & Electronic Crime Laws – by Madiha Arif: This course helped me
understand the technicalities of law, how to read cases, and their judgments.
Cost Accounting – by Rabia Sabri: This course has helped me understand the complexities that went
into Accounting other than what I had learned before.
Financial Reporting – by Hassan Marfani: This course has helped me better grasp the accounting
standards IFRS and IAS, which are essential in preparing Financial Statements, which have helped me
analyze and comprehend companies' Financial Statements more clearly than before.
4. Concluding Remarks
My experience as a Junior Tax Associate at Saiduddin and Co has been enriching. It is providing me
with valuable insights into Taxation and Law. Throughout my job responsibilities such as tax filing,
computation, compliances, and documentation, I have been able to apply the skills and knowledge I
have acquired up until now from Iobm, in combination with the supportive, collaborating, and
learning environment coupled with the guidance of experienced professionals, has further enhanced
my skills and knowledge thoroughly contributing towards my growth and development.
5. Copy of Appointment Letter