About PG Diploma in Taxation Law Course

PG Diploma in Taxation Law is a 2-year course of diploma level that deals with technical and practical aspects of direct and indirect taxes, Financial Accounting, and Auditing, income tax and related matters.

To be eligible for PG Diploma in Taxation Law a minimum of 45% in class 10th from any recognized board is required.

The admission process for this course varies from one college to another.

Majority of colleges prefer merit based admissions based on class 10+2 scores. Few other colleges offer admission based on entrance exams that are conducted on university level itself.

Some of the colleges that offer PG Diploma in Taxation Law in India are: Symbiosis Law School, Osmania University, Indian Law Society Law College, Pune, The Maharaja Sayajirao University of Baroda, Bharati Vidyapeeth, etc.

The average PG Diploma in Taxation Law course fees ranges between INR 5,000- 2,00,000.

The syllabus for PG Diploma in Taxation Law focuses on topics like direct tax, indirect tax, Corporate Tax, Central Sales Tax Value-added tax, Tax planning, accounting, Cost management, Testing concepts, etc.

Auditing and Taxation are two very renowned and popular career fields in the current time. You can get opportunities to work in different fields such as government and private organizations, business banking sector, colleges, universities, economic companies, etc.

Some of the top recruiters of PG Diploma in Taxation Law are Wipro Technologies Ltd., Tata Motors, Bharat Sanchar Nigam Limited (BSNL), Heavy Engineering Corporation Limited (HEC Ltd), National Small Industries Corporation Limited (NSIC), etc. The average annual salary package ranges between INR 4,00,000 to INR 9,00,000.

Eligibility For PG Diploma in Taxation Law

The basic eligibility to pursue this course is graduation. A graduate from any field of study, be it law, finance, accounts, commerce, or science, can apply for this diploma course.

PG Diploma in Taxation Law: What is it about?

The PGD on Taxes is designed to provide a high level of learning about the various types of taxes and measures to deal with related problems. In this course, students are taught the basics of income tax, sales tax, service tax, VAT, GST, Central Excise, apart from various other ways to repay income tax.

The PGD in the tax syllabus focuses on providing practical and technical information at all times.

With PGD in Taxes, students learn to research tax documents, how one can solve complex tax problems, and complete analytical reviews about tax returns.

They will also see the ethical issues associated with taxation and learn how to deal with these situations. In general, students pass a system to learn state and federal taxes, identify industry tax intricacies and will know how tax works concerning the national and global economy.

The PGD for Tax Students can also learn about property tax and planning, financial reporting, property taxes, fixed compensation, and sales tax.

Why Study PG Diploma in Taxation Law?

Tax collection is the way an administration or the burdening authority forces or demands an assessment on its residents and business elements.

From annual assessment to products and ventures charge (GST), tax assessment applies to all levels, and in this course, we will figure out how to manage them productively.

You can get freedoms to work in various fields like government and private associations, business banking areas, schools, colleges, financial organizations, and so on.

It gives understudies the chance to acquire careful and current information on charge law ideas and practices, just as patterns of control in a climate that advances the improvement of scientific and relational abilities.

After passing a Master's Degree course, they can go for instructing occupations and further examination studies to improve their instructive capability.

They can likewise work freely as an advisor.

PG Diploma in Taxation Law: Syllabus

The course is divided into two semesters to impart thorough knowledge about it.

PG Diploma in Taxation Law Semester 1 Syllabus

Income Tax-1

Corporate Tax

Central Sales Tax

Central Exercise -1

International Trade and custom duty

PG Diploma in Taxation Law Semester 2 Syllabus

Income Tax-2

Assessment of Specified Entities and Assessment Procedures

Value-added tax

Central Exercise & service tax

Custom duty-2

PG Diploma in Taxation Law: Admission Process 

The selection process varies from institute to institute. Few colleges go based on 10+2 performance. While other colleges go with entrance exams.

Admission can be in both full-time mode and the corresponding mode depending upon the student’s requirement.

Sikkim Manipal University, Symbiosis is one of the universities which provide distance learning courses to its students.

PG Diploma in Taxation Law: How to Apply?

Check the official website for an application release date.

Apply for it before the last day

Check the official website to download the admit card.

Prepare well for the exam.

Course Content of PG Diploma in Taxation Law

The course content usually differs from one institute to another institute. But, the main areas covered in the course remain fairly the same. This course would normally include an in-depth study of the following subject areas:

Introduction to Law

Introduction to the Types of Tax

Introduction to Tax Laws and Legislation

Income Tax and Wealth Tax Law

Sales Tax, Central Excise and Custom Tax Laws

Corporate Tax and other Minor Tax Laws

Central and State govt. Taxes

Value Added Tax (VAT)

Goods and Services Tax (GST) Bill

Basics of Bookkeeping and Accounting

PG Diploma in Taxation Law: Top Colleges 

Symbiosis Law School

Osmania University

Indian Law Society Law College

Khalsa College

Netaji Subhas Open University

ASM Group of Institutes

Manipal University

Chandigarh University

Aligarh Muslim University

PG Diploma in Taxation Law: How to get Admission to a Good College? 

To secure admission into a top-ranking college, several factors come into play. Some of the following tips will be helpful for a student who wants to take admission to the best college for a Postgraduate diploma in taxation. Post-Graduation Diploma in taxation

An aspirant can get their seat confirmed in the best college of Postgraduate Diploma in taxation if they had a sound academic record in their Class 12 and while doing your bachelor’s degree.

It is also necessary to be mentally and physically prepared for the further admission process i.e. counseling and seat allotment rounds.

Keep a track of all the important events related to the admission so that you will never miss any deadline.

Keep a track of eligibility criteria, course cut-off, application procedure, application fee, and all the updates in newspapers, official websites of colleges, and many more.

Work on your personality to be representative enough during the final rounds of the admission in front of the faculty

Career Perspectives After PG Diploma in Taxation Law

Earning a PG Diploma in Taxation Law would allow you to work as an income tax consultant or a sales tax consultant with any organization as well as independently.  You can work as a Tax advisor or Tax Law expert with a corporate house or any other institute. You can also teach Tax laws at colleges, universities and other institutes.

PG Diploma in Taxation Law: Job Prospects and Career Options 

The PG Diploma in Taxation Law is becoming one of the most popular postgraduate courses for students who have graduated in the commerce stream or Law stream. It is also attracting the student from professional disciplines like management, company secretary and chartered accountant towards it to gain more knowledge.

Tax Consultant

Accountant

Chief Financial Officer

Assistant Wealth Manager

Financial advisors

Revenue agent

Certified Public Accountant

Tax collector

Tax manager

Tax examiner

PG Diploma in Taxation Law: Future Scope 

PG Diploma in Taxation Law course prepares the student for professional qualification in taxation, finance, accounting, and thus helps in establishing a good foothold in the Finance sector.

It also opens various job opportunities for the people. In the upcoming time, knowledge about this field is only going to enhance one’s resume and job chance.

As the market is growing, requirements for the people having good knowledge about taxation and ways to handle them off have a great future ahead in it.