LLM in Taxation Law Course

Masters in Law is a 2 year full time advance level post graduation program (divided in semester system) about legal studies that help students to select the branch of interest and gain specialization in that field of law which includes tax laws, international laws etc.

The aspiring students must have a minimum of 55% as an overall aggregate at bachelor’s level to be eligible to pursue masters in law. However, the merit score differs from one institute to another and students must know the criterias set by the college of choice.

Admission to this course is mainly done through the results obtained in the entrance exams such as CLAT PG, AILET PG, IPU CET etc conducted by various institutes. However, there are universities and institutions that grant admissions solely based on the marks obtained by students at the undergraduate level.

Some of the top colleges that offer LLM in Taxation Law are National Law School of India University (NLSIU), Bangalore, National Law University, New Delhi, Chandigarh University, Nalsar University of Law (NALSAR), Hyderabad, National Law University, Jaipur, The West Bengal National University of Juridical Sciences (NUJS), Kolkata, etc. The average fee of the program ranges from INR 1,80,000- INR 6,00,000.

LLM in Taxation Law: Eligibility Criteria 

To be eligible for the application in a program, a candidate must fulfill certain specific criteria set by various institutes.

The students must have a bachelor’s degree in Law or any equivalent degree from the government recognized institute or university with a minimum aggregate of 55%.

The candidates belonging to ST/SC/OBC/differently abled quota have a liberty of 5-10% for eligibility. Also, there is no age barrier and the candidates can apply for the course as per the choice.

LLM in Taxation Law: Admission Process

The admission process is mainly governed by the results obtained in state and national level entrance exams such as CLAT,BHU, LSAT, IPU CET, TS PGCLET followed by personal interviews for confirmation of admission.

The step where a student appears for aptitude tests, personal interviews plays a major role in the admission process too.

Some of the institutions grant admission based on the marks scored during bachelor’s degree. The students should check for specific requirements set by various institutes before securing confirmation of college.

LLM in Taxation Law: Entrance Exams 

Candidates who wish to pursue LLM courses should take the common Law Admission test (CLAT) or the alternate exam set by the law universities. Below is the list of entrance exam details.

CLAT 

AILET 

CUSAT CAT

LSAT 

LLM in Taxation Law: Syllabus

Below is the semester wise division of subjects covered during the 2 year program

LLM in Taxation Law Semester I Syllabus

Constitutional Law 1

Legal Theory 1

Research Methodology

LLM in Taxation Law Semester II Syllabus

Constitutional law 2

Legal theory 2

Law and Social Change

LLM in Taxation Law Semester III Syllabus

Law related to Industrial Relation

Law related to labour Welfare

LLM in Taxation Law Semester IV Syllabus

Law related to Industrial Injuries and Social Security

Law related to Service Regulation

LLM in Taxation Law Semester V Syllabus

Human Rights

Human Rights and Indian Legal System

LLM in Taxation Law Semester IV Syllabus

International Refugee law and Humanitarian Law

Science technology and Human Rights

LLM in Taxation Law: How to prepare for the Entrance Exams 

Getting proper references and study material:-

The students must be very cautious while selecting the source of reading. It is very important to be aware of the syllabus and which books cover it all. To be able to crack the entrance exam, students need not have to work hard by covering the ocean of syllabus rather in the competitive era, students must smartly choose the references that will help them pass the exams with flying colours.

Time Management:-

The core to success is management of what is available. With a properly structured schedule, students will be able to cover the course smoothly. Only by following the timetable, it is possible to complete the required syllabus with no necessity of leaving the important or not so important topics during the end time.

Grip in Mock test:-

Mocks tests are the actual trial of how the exam is going to be. It is highly recommended to inculcate a habit of taking as many mock tests as possible, because this practice can boast the confidence on a high scale, frame your ability to choose answers properly and train you to complete the exam on time.

Revision is the lifeboat:-

No matter how much the students read, without quality revision, all the sweat and blood applied goes in vain. It is extremely important to reread the topics time and again, only then the wholesome information will be retained in the brain. Always be determined to study and have circuit revision of the subjects covered. So, to have a habit of revision is mandatory.

Stay Confident and optimistic:-

The only factor that will decide whether the student is going to get a rank or not is with what mindset he/she sits in the exam. So, always be confident , stay hydrated and believe in yourself and your hard work.

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

To secure admission in any of the good colleges, the students must obtain marks above 80-85% in the national and state level entrance exams.

Other important points to focus up on are:-

The students must know the course, frequently asked questions, concept based and theory based questions, the difficulty level and how many questions to attempt to secure a high position in the exam.

Know your strengths and weaknesses, have ample no. of revisions to have a command over your subjects.

The students should not miss out on any of the important deadlines and dates such as application dates, registration dates, examination dates and results.

Students must also be familiar with the current trends asked in the exams by keeping themselves updated with newer edition books , articles published online etc.

LLM in Taxation Law: Top Colleges

Below are the details mentioned about the top colleges offering the law course in India

National Law University, Delhi

NALSAR University

The West Bengal National University of Juridical Sciences

Symbiosis Law School

Faculty of Jamia Millia Islamia University

National Law University, Odisha

NLSIU Bangalore

LLM in Taxation Law: Job Profiles 

Below given is the glimpse of the various job profiles for the candidates with masters degree in law

Lawyers

Legal Consultants

Legal Advisors

Legal Writers/ Solicitors

LLM in Taxation Law: Future Scopes 

Candidates with a masters degree in law state that they are equipped in one of the many legal sub branches. Pursuing a masters degree opens ample gateways in public and private sectors, providing excellent job opportunities.

The degree holds promising career avenues in legal sector because candidates with shear skills and astute knowledge are highly demanded in fields such as:-

Consultancies

Corporates

Courthouses

Finance

Law firms

Real Estate