B.Com Taxation Course || Admission, Eligibility, Fees, Duration, Colleges, Scope, Job & Salary
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B.Com Taxation Course Introduction:

B.Com Taxation Course is an undergraduate full-time course in accounts. The course duration is 3 years. This course includes the investigation of standards of-

  1. bookkeeping, 
  2. monetary arranging, and 
  3. monetary hypothesis alongside a specific concentrate on tax assessment which is named as a process of imposing a financial charge as the tax on the concerns who earn ‘taxable’ income.

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

B.Com Taxation enables the graduate students qualified to work in Accounts and Finance bureaus of different firms & organizations, banks, government divisions, and offices, instructive establishments, and various different sorts of associations. The approx. starting salary offered to B.Com Taxation degree holders ranges from INR 3 to 12 Lacs.

About B.Com Taxation Course:

  • B.Com Taxation Course is an undergraduate Commerce Accountancy Program.
  • Bachelor of Commerce in Taxation course is usually full-time three academic year degree courses & the B.Com Taxation course syllabus is divided into 6 semesters.
  • The course includes the investigation of standards of bookkeeping practices, monetary arranging, & monetary hypothesis alongside a specific concentrate on tax assessment.
  • Those who are desiring to join teaching fields at higher degree level i.e. colleges & universities both in private & government institutions can go for it.
  • Candidates must have teamwork spirit & good communication & interpersonal skills.
  • Students must possess good Mathematical skills and account knowledge.
  • The minimum eligibility criteria for pursuing a B.Com Taxation course is qualifying 10+2 or equivalent examination from a recognized educational board or its equivalent.
  • After the B.Com Taxation course is completed one will possess an excellent foundation in financial analysis,  analysis & creative thinking, & also good communicative a&interpersonal skill & can find job opportunities.

B.Com Taxation Course At a Glance

Degree Name

Bachelors Degree

Full-Name

Bachelors of Commerce in Taxation Course

Duration of the course

Course Tenure of Bachelor of Commerce B.Com Taxation is 3 Years.

Age limitations

Between 17 - 23years

Minimum aggregate Percentage of marks required

50%

Minimum Education Required

10+2  intermediate from a Recognized Educational Board preferably in commerce stream

Approx. Fees Incurred

INR 7K - 90K per annum

Alike Options of Study

B.Com Corporate Secretaryship, 

B.Com Accountancy & Finance,

 B.Com Taxation & Finance, etc.

Approx Salary Offered

INR 6 Lacs per annum

Employment Profiles

Accountant, 

Operations Manager, 

Lecturer, 

Financial Analyst,

Finance Manager, 

Account Executive, 

Executive Assistant,

Chartered Accountant, 

Accounts Assistant,

SAP Consultant, etc.

Placement Possibilities

Tata Consultancy Services Limited,

 Genpact, 

Accenture,

 EY (Ernst & Young),

 J.P. Morgan Chase & Co. (JPMCC), 

HDFC Bank Pvt Ltd, 

HSBC, 

Capgemini, 

Wipro, 

Amazon.com Inc, 

Kotak Mahindra Bank, etc.

B.Com Taxation Course: Know-How

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

It has been mentioned in a number of recent surveys that more &more students are now picking up for the degree that enables them to establish a good career in taxation fields.

The taxation assessment is a program  Assorted angles on various sorts of expenses, for example-

  1. Income assess, 
  2. GST Goods and service tax,
  3. Property Tax, and so forth are secured. The substudies are presented with subtle elements of backhanded assessments like traditions & focal extract charge, riches impose, and so on.

B.Com Taxation Course: Important Details

  • B.Com Taxation is an undergraduate course in accountancy in which standards of bookkeeping, monetary arranging, and monetary hypothesis with a specific concentrate on tax assessment which is named as a process of imposing a financial charge or tax on the concerns who earn ‘taxable’ income are taught.
  • Taxation is the craft of-
  1. recording, 
  2. classifying, and
  3. summarizing in a significant manner and in terms of money, transactions, and events so that to assess how much of one's income has to be paid to the government for meeting the tax requirements.
  • The foundation of the Administrative & Functional responsibilities of a state is formed by the Taxation and revenue collections, so a state works on the resources collected from citizens in the form of taxes.
  • The B.Com Taxation course is picked up more by the students as it opens many job possibilities after its successful completion & it is always in demand as it is the backbone of every business entity.

Reasons to Choose B.Com Taxation Course:

  • One can find infinite career opportunities in the financial sector after the completion of the course. The course study helps the candidate to attain adequate skills in data handling & quantitative techniques related to accounting & finance.
  • Those who have successfully completed the B.Com Taxation course can have huge scope both with regard to higher education & career. Or can also go for government jobs as government accountants.
  • Masters degree courses in the relevant area of interest help the candidate to build a strong career in banking or financial service sector.
  • Students who are interest in taxation & financial administration & those who have a career as a Tax consultant in mind should choose for this course, where they are responsible for developing and managing organizations’ financial plans.

B.Com Taxation Course Eligibility Criteria:

  • The essential basis for the B.Com Taxation Course Eligibility degree is qualifying 10+2 or intermediate or any other relevant examination in any stream from a recognized board.
  • Some of the colleges & organizations demand at least 50% marks in aggregate in the above subjects at 10+2 level.
  • The basic eligibility marks required for admission in this course may vary from one college to another college. In various colleges, entrance exams are conducted plus interview & percentage of 12th class for the admission of students.

B.Com Taxation Course Admission Process:

  • The details on the B.Com Taxation course admission process will be conducted toward the start of every academic year.
  • The admission process varies from institute to institute. One may apply through online or offline mode as required by the college seeking admission in.
  • There are colleges that propose for direct admission to the course on the basis of-
  1. merit and 
  2. personal interview.
  • The Aspirants need to pay a particular amount of fees. Once the application form is properly filled and submitted, the admission fees must be submitted before the end date.

B.Com Taxation Course Fees:

The approx. tuition fee charged in India for B.Com Taxation Course Fees ranges around INR 4 lacs for private institutes but is as low as INR 7,000. Mainly an average student gets to complete this course somewhere between INR 7,000 to INR 90,000.

B.Com Taxation Course Duration:

B.Com Taxation Course is usually a 3-year full-time academic degree course and the B.Com Taxation Course syllabus is divided into 6 semesters. The theoretical and the practical aspects of the entire syllabus are divided into a systematic semester program that is taught to the students in a well-planned way.

B.Com Taxation Course Colleges and Institutes

Enlisted are some of the best B.Com Taxation Course Colleges and Institutes in India that offer this course:

College or Institute Name 

Place

Approx. Tuition Fees Yearly in INR

St.  Albert's  college

Ernakulam, Kerala

24,000

Sacred   heart   college

Ernakulam, Kerala

35,000

St  Teresa's  college

Ernakulam, Kerala

20,000

Career   college

Bhopal

22,000

Bharata  Mata  College, Chennai

Kochi,

25,000

B.Com Taxation Course Syllabus & Subjects

Semester-1

Semester-2

Indian  Tax  System-1

Indian  Tax  System-2

Income  Tax  Law  Procedure

Financial  Accounting

Fundamental  Principles  of  Accounting

Partnership  Accounting

Business  Mathematics

Business  Regulatory  Framework

Sale    of  Goods Act 

Indian    Contract    Act  

Business  Communications

Business   Organization

-

Semester-3

Semester-4

Income  Tax  Procedure  &  Practices-1

Income  Tax  Procedure  & Practices-2

Wealth  Tax  & Vat  Procedure  and Practices

Advanced  Statistics

Basics  of  Company  Accounts

Wealth   Tax  &  Vat Procedure  and Practices

Theory  and  Practice  of  Cost

Advanced  Corporate  Accounts

Indian  Company  Act

Advance   Cost   Accounts

Principles  of  Statistics

Principles  of  Management

Semester-5

Semester-6

Central  Excise  Procedure  &  Practice-1

Central  Excise  Procedure  & Practice-2

Custom  Procedure  &  -1

Custom  Procedure  &  Practice-2

Income  Tax  for  Individuals

Income  Tax  for  Business

Accounting  for  Managers

Indirect  Tax

Financial  Management

Auditing

Marketing  Management

Human  Resource  Management

B.Com Taxation Course Scope:

There is an enormous B.Com Taxation Course Scope for work. With the chance of holding a degree in this field, students can take up for a vocation in both private & government parts. Professionally graduates can likewise select showing employment in schools and colleges.

  1. Back Executive, 
  2. Accounts Assistant, 
  3. Audit Assistant, and
  4. many more are a part of the occupation profiles appropriate for applicants who have finished their B.Com Taxation degree in tax collection.

In India, the basic salary of a taxation officer is between Rs. 4 to 6 lacs for every year while in abroad, graduates can gain a normal pay of more than $58 k every year.

Some of the famous employment areas for B.Com Taxation Course are:

  • Banking  sector
  • 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 Taxation Course graduates are hired in profiles such as:

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

B.Com Taxation Course Jobs:

Some of the finest  B.Com Taxation Course Jobs for graduates are-

  • Tax  Assistants
  • Finance  Managers
  • Financial  Analyst
  • Bookkeepers
  • Budget  Analysts
  • Business  Consultants
  • Certified  Public  Accountant
  • Chartered  Management  Accountant
  • Human  Resource  Managers
  • Auditors
  • Actuaries
  • Chief  Financial  Officer
  • Cost  Estimators

Sectors of Recruitment for B.Com Taxation Course:

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

Job Profile

Job Roles

Approx. Annual Salary in INR

Tax -  Consultant

A Tax Consultant instructs its customers on expenditure options, including how to legitimately bringing down duty obligation or how to figure charges in light of their speculations. Charge experts may plan & finish customer government forms & help customers in finding the correct derivations, credits, & alterations in light of their money related circumstances.

INR 3 to 8 Lacs

Actuary

Actuary uses the measurable systems & scientific aptitudes to evaluate the likelihood of an occasion & its money related results.

INR 3 to 5 Lacs

Book -  Keepers

Creates a framework to represent money related exchanges by building up an *outline of records; 

*characterizing accounting approaches & 

*methodology. 

Keeps up auxiliary records by checking, designating, & posting exchanges. Balances auxiliary records by adjusting passages.

INR 2 to 5 Lacs

Finance

 Officer

Handle & prepares money related and business frames with the end goal of financial records adjust, encouraging buys, & so on. Performs routine computations to deliver examinations & reports as asked for by the bank executive. Gather & enter information for different monetary spreadsheets.

INR 4 to 12 Lacs

CONCLUSION-

Dear Aspirants, we have tried to provide you with all the necessary information regarding the B.Com Taxation Course. This will help you in taking your career decision properly and efficiently keeping in mind all the aspects of the course. Hoping the best for your career and future endeavors.

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