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Bachelor of Commerce [B.Com] (Taxation) - Course Overview

  • STREAM

    COMMERCE

  • DURATION

    3 YEARS

  • COURSE

    Taxation

  • COURSE TYPE

    Graduation

Updated On - January 10th 2019

Bachelor of Commerce (B.Com) in Taxation Syllabus, Scope, and Salary

B.Com. in Taxation is an undergraduate course in accounts. The length of the course is 3 years. The course covers the investigation of standards of bookkeeping, monetary arranging and monetary hypothesis alongside a specific concentrate on tax assessment which is named as a procedure of imposing a financial charge (tax) on the subjects who earn ‘taxable’ income.

Top Institutes offering this course are:

B.Com. in Taxation degree course prepares students for a professional qualification in taxation, finance, and accounting and provides a solid base in the field of Taxation, Accounting and Finance, thus making it easier to acquire a leadership / managerial role in the financial sector.

The students are exposed to details of indirect taxes like customs and central excise tax, wealth tax, etc. Upon completion of the course, the students become capable to perform well in banking, financial institutions, in accounting, marketing services, and so on.

B.Com. Taxation degree makes one qualified to work in Accounts and Finance bureaus of different firms and organizations, banks, government divisions and offices, instructive establishments and various different sorts of associations. Average starting salary offered to B.Com Taxation degree holders ranges from INR 2 to 10 Lacs.

B.Com in Taxation: Course Highlights

Arranged beneath are a portion of the real highlights of the course.

Name of the courseB.Com in Taxation
Course LevelB.Com
Duration3 years, full time/Distance Learning
StreamTaxation
Examination TypeSemester System/Yearly
Eligibility10+2 with English and math
Admission ProcessStudents are admitted in B.Com on the basis of merit. The merit is prepared on the basis of candidate’s performance in higher secondary examination. Some Universities also conduct the entrance test for admitting students. Besides candidate’s academic knowledge, some colleges conducts interview
Average Course FeeINR 5K to 5 Lacs
Average Starting SalaryINR 1.2 Lakh to 10 Lacs
Top Recruiting CompaniesGoogle, Amazon, Snapdeal, Flipkart, Adobe, Reliance, Hdfc bank, Just dial, Apollo, Genpact, Motorola, Newgen, HP, Dell, Park Ascent, ITC Infotech, Claridges, HCL, L &T Infotech, Godrej

B.Com in Taxation: What is it About?

B.Com. in Taxation degree holders are in a position to acquire the status of a government employee who is regarded as a notch above the ordinary people in terms of both post and power. B.Com. in Taxation degree course prepares students for a professional qualification in taxation, finance, and accounting and provides a solid base in the field of Taxation, Accounting, and Finance, thus making it easier to acquire a leadership / managerial role in the financial sector.

It has been concluded in a number of recent surveys that more and more students are now opting for the degree that enables them to establish a good career in taxation areas.

The tax assessment is a degree program in which, aside from a general course think about in Commerce. Assorted angles on various sorts of expense, for example, Income assess, Value Added Tax or VAT, Service Tax, Property Tax, and so forth are secured under the course. The understudies are presented with subtle elements of backhanded assessments like traditions and focal extract charge, riches impose, and so on.

Top Institutes Offering B.Com in Taxation

The average tuition fee charged in India for B.Com in Taxation ranges around INR 5 lacs for private institutes but is as low as INR 5,000.

Listed below are some of the best institutes in India that offer B.Com in Taxation:

College/InstituteStateTuition Fees (Per Year) in INR
St. Albert's collegeErnakulam, Kerala22,500
Sacred heart collegeErnakulam, Kerala32,990
Lala Lajpat rai college of commerce and economicsMumbai, Maharashtra36,650
St Teresa's collegeErnakulam, Kerala18,000
Career collegeBhopal19,000
Bharata Mata College, ChennaiKochi,22,500

Eligibility for B.Com in Taxation

The essential qualification basis for seeking after B.Com Taxation degree is qualifying 10+2 or proportional examination in any stream

Some of the colleges and organizations request at least 45% checks in the above subjects at 10+2 level.

B.Com in Taxation: Admission Process

The details on the admission in B.Com Taxation will be distributed toward the start of every scholastic year.

The applicant can apply for the course either through the online interface or through postal strategy.

In both strategies, the competitor ought to pay a particular amount of fees. Once the application form is filled, the same must be submitted before the end date.

B.Com in Taxation: Syllabus and Course Structure

Syllabus of Taxation as prescribed by various Universities and Colleges.

Main subjects covered in the discipline are:

Semester-ISemester-II
Indian Tax SystemIndian Tax System
Income Tax Law ProcedureIncome Tax Law Procedure
Fundamental Principles of AccountingFinancial Accounting
Business MathematicsPartnership Accounting
Indian Contract Act and Sale of Goods ActBusiness Regulatory Framework
Business OrganizationBusiness Communications
Semester-IIISemester-IV
Income Tax Procedure & PracticesIncome Tax Procedure & Practices
Wealth Tax & Vat Procedure and PracticesWealth Tax & Vat Procedure and Practices
Basics of Company AccountsAdvanced Corporate Accounts
Theory and Practice of CostAdvance Cost Accounts
Indian Company ActPrinciples of Management
Principles of StatisticsAdvance Statistics
Semester-VSemester-VI
Central Excise Procedure & PracticeCentral Excise Procedure & Practice
Custom Procedure & PracticeCustom Procedure & Practice
Income Tax for IndividualsIncome Tax for Business
Accounting for ManagersIndirect Tax
Financial ManagementAuditing
Marketing ManagementHuman Resource Management

B.Com in Taxation: Career Prospects

There are enormous openings for work are accessible in these fields. In the wake of holding a degree in this field, you can take up for a vocation in both private and government parts. Professionally you can likewise select showing employment in schools and colleges.

Back Executive, Accounts Assistant, Audit Assistant, and so on are a portion of the occupation profiles appropriate for applicants who have finished their B.Com degree in tax collection.

In India, the normal compensation of taxation officer is between Rs. 3 to 4 lacs for every year while in abroad, you can gain a normal pay of more than $52 k every year.

Some of the popular employment areas for B.Com Taxation:

  • Banks
  • Budget Planning
  • Business Consultancies
  • Educational Institutes
  • Foreign Trade
  • Industrial Houses
  • Inventory Control
  • Investment Banking
  • Marketing
  • Merchant Banking
  • Public Accounting Firms
  • Working Capital Management
  • Policy Planning
  • Public Accounting Firms
  • Treasury and Forex Department

B.Com in Taxation graduate is hired in capacities such as:

  • Tax Assistants
  • Auditors
  • Actuaries
  • Book Keepers
  • Budget Analysts
  • Business Consultants
  • Certified Public Accountant
  • Chartered Management Accountant
  • Chief Financial Officer
  • Cost Estimators
  • Entrepreneurship/Own Business
  • Finance Managers
  • Financial Analyst
  • Human Resource Managers
  • Investment Analysts
  • Marketing Managers
  • Personal Financial Advisor
  • Stock Brokers
  • Teacher/lecturer

Listed here are some of the popular job positions offered to successful graduates of the discipline with the corresponding job descriptions and salaries offered:

Bachelor of Commerce (B.Com) Taxation annual salary
Job TitleJob DescriptionAverage Annual Salary in INR
Tax ConsultantTax Consultant instruct their customers on expense alternatives, including how to legitimately bring down duty obligation or how to figure charges in light of their speculations. Charge experts may plan and finish customer government forms and help customers in finding the correct derivations, credits and alterations in light of their money related circumstance.INR 2 to 7 Lacs
ActuaryActuary utilize measurable systems and scientific aptitudes to evaluate the likelihood of an occasion and its money related results.INR 2 to 4 Lacs
Book KeepersCreates framework to represent money related exchanges by building up an outline of records; characterizing accounting approaches and methodology. Keeps up auxiliary records by checking, designating, and posting exchanges. Balances auxiliary records by accommodating passages.INR 1 to 3 Lacs
Finance OfficerHandle and get ready money related and business frames with the end goal of financial records adjusts, encouraging buys, and so on. Perform routine computations to deliver examinations and reports as asked for by the back executive. Gather and enter information for different monetary spreadsheets. INR 3 to 10 Lacs

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