B.Com. Taxation or Bachelor of Commerce in Taxation is an undergraduate Accounts course. This taxation course covers the study of principles of accounting, financial planning and economic theory along with a specialized focus on taxation which is termed as a process of imposing financial charge (tax) on the citizens who earn ‘taxable’ income. In other words, B.Com. (Taxation) is a degree program in which, apart from a general course study in Commerce, the primary focus is on the systematic study of the concepts in the specialized subjects and topics related to the fields of taxation and covers all types of taxes including Income tax, Sales Tax, VAT, Service tax, Property tax, etc and taxation laws and regulations. The duration of the course is three years and it is valuable in economic fields in many spheres.
B.Com. Taxation Eligibility
The basic eligibility criterion for pursuing B.Com (Taxation) degree is qualifying 10+2 or equivalent examination in any stream from a recognized board of the country.
Students must have studied and passed in any one of the subjects viz, Accountancy, Business Studies, Economics or Mathematics at intermediate level. Some of the reputed universities and institutes demand a minimum of 50% marks in the above subjects at 10+2 level.
B.Com. Taxation Syllabus
Syllabus of Taxation as prescribed by various Universities and Colleges.
Applicants should have skills such as the ability to think differently, a creative mind, good communication skills, updated general awareness, abundant knowledge about the taxation sector and the market, and the ability to work as part of a team.
They must have strong problem-solving skills, proficiency with the Microsoft Office software suite and excellent Excel spreadsheet skills.
They should also have a strong sense of work ethics and a desire to succeed is very helpful personality traits, professional skills and leadership skills.
They have also the option of going for further degrees like Masters and then for research work.
How is B.Com. Taxation Course Beneficial?
It has been concluded in a number of recent surveys that more and more students are now opting for degree that enables them to establish a good career in taxation areas.
B.Com. (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.
The area of taxation is so vast that a candidate can select from the fields of different types of taxes, where one wants to specialize and establish.
B.Com. (Taxation) degree makes one eligible to work in Accounts and Finance departments of various firms & companies, banks, government departments and agencies, educational institutions and a number of other types of organizations.
The B.Com. (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.
B.Com Taxation Employment Areas
State Sales Tax Laws
Various Corporate Sectors in their Marketing and Accounts Sections
Finance, Commerce and the Banking Sectors
Research Associates with Economic Consulting Firms