(1). About the Course
A Postgraduate Diploma in Taxation is
a 1-year postgraduate degree route
wherein college students study earnings tax and its associated concepts. It
imparts a simple understanding of the principal technical, conceptual, and
studies troubles in tax and taxation, and presents schooling with inside the
sensible and procedural components of taxation. Students also get to explore
the ethical and legal obligations of practicing while studying PG Diploma in Taxation.
To
be eligible for a post-graduate degree in taxation at the very least 45% in elegance tenth from any diagnosed
board is required. The admission procedure for this direction varies from one
university to another. The 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 at
the university level itself.
Some
of the faculties awarding Postgraduate Taxation Degrees in India are Symbiosis
Law School, Osmania University, Indian Law Society Law College, Pune, Maharaja
Sayajirao University Baroda, Bharati Vidyapeeth, etc. The average post-graduate diploma in taxation course fees ranges
between INR 5,000- 5,00,000.
The
syllabus for publishing a Postgraduate degree in taxation specializes in
subjects like direct tax, oblique tax,
Corporate Tax, Central Sales Tax Value-introduced tax, Tax planning,
accounting, Cost management, Testing concepts, etc. Auditing and Taxation
are two very renowned and popular career fields at the current time. You can
get opportunities to work in different fields such as government and private organizations, the business banking sector,
colleges, universities, economic companies, etc.
After
receiving the award, most new entrants received Wipro Technologies Ltd., Tata
Motors, Bharat Sanchar Nigam Limited (BSNL), Heavy Engineering Corporation
Limited (HEC Ltd), National Small Industries Corporation Limited (NSIC), etc.
The common annual profits bundle degrees
between INR 4,00,000-9,00,000.
Course
Highlights
Some of the major highlights of the PGD Diploma in Taxation are as follows:
Particulars | Value |
Course Name | Post Graduate Diploma in Taxation |
Course Level | Postgraduate Diploma |
Course Duration | 1-2 Year |
Eligibility Criteria | Graduate in Law or commerce with a minimum of 50% from a recognized university |
Course Mode | Full-time, Correspondence |
Admission Process | Merit-Based/ Entrance Exam based |
Examination Type | Semester based |
Average Annual Fee | INR5,000-5,00,000 |
Average Annual Salary | INR 4,00,000-9,00,000 |
Top recruiters | TATA CONSULTANCY SERVICES LIMITED, Genpact, Wipro Technologies Ltd., Tata Motors, Bharat Sanchar Nigam Limited (BSNL), Heavy Engineering Corporation Limited (HEC Ltd), National Small Industries Corporation Limited (NSIC), WNS Global Services |
Why
Study Post Graduate Diploma in Taxation?
(2).
Admission Process
Admission to PG Diploma
in Taxation will vary
from institution to institution. Some faculties provide access to the idea of
merit, i.e. candidates' performance in 10+2. At the same time, some
institutions offer admission on the basis of entrance exams and performance in personal interviews.
Type
of Post Graduate Diploma in Taxation course
The
duration of the Post Graduate Diploma in
Taxation courses in India may vary depending on the institution offering
the program and the mode of study (full-time or part-time). Here are some
common types of courses based on their duration:
(1).
One-Year Post Graduate Diploma
Several
institutions offer a one-year full-time
Post Graduate Diploma in Taxation. This program is intensive and covers
various aspects of taxation in a condensed timeframe.
(2).
Two-Year Post Graduate Diploma
Some
institutions provide a two-year
full-time Post Graduate Diploma in Taxation. This program allows for a more
comprehensive study of taxation, with additional time for practical training
and internships.
(3).
Part-Time or Weekend Programs
Many
educational institutions offer Post
Graduate Diploma in Taxation courses on a part-time or weekend basis to
cater to working professionals. These programs may have a duration ranging from
one to two years, allowing students to balance their studies with their
professional commitments.
It's
important to note that the duration mentioned above is a general guideline, and
it can vary from one institution to another. It is recommended to check with
specific educational institutions to get accurate and up-to-date information
about the duration of their Post Graduate Diploma in Taxation courses.
Eligibility
Criteria
In
order to take admitted to Post Graduate Diploma in Taxation candidates need to
fulfill the following eligibility criteria:
Admission
Process
Accepted
Entrance Exams
There are several entrance exams conducted in India for admission to Post Graduate Diploma courses in Taxation. These exams help evaluate the knowledge and aptitude of candidates and serve as a basis for selection into reputable institutions offering such programs. Here are some of the top entrance exams for the PG Diploma in Taxation in India:
SET | IPU CET | CAT |
AILET | SNAP | XAT |
LSAT | MAT | CMAT |
TSLCET | GMAT |
Skills
Required
PGD in taxation is a direction on the way to train you in lots of numbers and manipulations. In addition, applicants should have an extraordinary eye for detail. These abilities will assist you to excel in the tax and auditing field. The following are some of the key foundational skills required to excel in a tax bracket:
Critical thinking | Awareness on Laws | Accounting skills |
Eye for detail | Client Administration | Observation skills |
Good Numerical skills | Analytical skills | Problem-solving ability |
Logical reasoning | Communication skills | Quick learner |
Numerical Ability | Ability to learn | Time Management |
Fee
Structure
The price shape for PGD in taxation publications differs for each institute. The price shape is based on the wide variety of centers and friendly training one institute offers. However, the common rate shape for PGD in taxation publications is around Rs. 50,000-5,00,000 for the complete duration.
Name of College | Average Fee |
Tilak Maharashtra Vidyapeeth | INR 10,000 |
Sant Baba Bhag Singh University | INR 25,000 |
Singhad Law College | INR 15,267 |
Selection
Criteria
The
selection process for Post Graduate
Diploma in Taxation courses in India may vary from institution to
institution. Some institutions may also consider factors such as past academic
performance, work experience, and diversity while making their selection. It is
advisable to check the specific admission guidelines and procedures of the
institutions you are interested in for accurate information.
(3).
Course Comparison
PGD
in Taxation v/s PGDM in Finance
Given under is the distinction among the 2 courses PGD in Taxation and PGDM in Finance:
Parameters | PGD Taxation | PGDM in Finance |
Course Name | Post Graduation Diploma in Taxation | Postgraduate Diploma in Finance |
Course Overview | Post Graduate Diploma in Taxation is a 2-year course of the diploma level that deals with technical and practical aspects of direct and indirect taxes, Financial Accounting, Auditing, income tax, and related matters. | PGDM in Finance is a two-year postgraduate course that deals with developing financial management skills in disciplines such as working with capital management and knowledge of international finance. Upon completing the PGDM Finance course, students can become Finance Managers, Investment Bankers, Financial Advisors, Financial Planners, Equity Analysts, and Bankers. |
Course Duration | 1-2 Year | 2 years |
Eligibility Criteria | Graduate in Law or commerce with a minimum of 50% from a recognized university | Bachelor's Degree in any discipline with a minimum aggregate of 60% |
Average Annual Fees | INR5,000-5,00,000 | INR 1,00,000-20,00,000 |
Average Annual Salary | INR 4,00,000-9,00,000 | INR 2,00,000-15,00,000 |
Entrance Exams | TSLCET, IPU CET, SET | CAT, MAT, XAT. GMAT, CMAT |
Top Colleges | Singhad Law College, Tilak Maharashtra Vidyapeeth, Sant Baba Bhag Singh University | Bangalore University, IIKM Business School |
Read
More: PGDM in Finance
(4).
Top colleges
Some of the top PGD in Taxation college with their fee are as under:
Name of College | Average Annual Fee(INR) | Location |
Aligarh Muslim University | INR 16,700 | Aligarh |
Chandigarh University | INR 1,59,00 | Chandigarh |
Manipal University | INR 54,000 | Jaipur |
ASM Group of Institutes | INR1,35,000 | Pune |
Khalsa College | INR 52,000 | Amritsar |
Netaji Subhas Open University | INR 30,000 | Kolkata |
Symbiosis Law School | INR 42,000 | Pune |
Osmania University | INR 50,000 | Hyderabad |
Indian Law Society Law College | INR 16,790 | Pune |
Top
PGD in Taxation Government & private college
The authority schools in India that provide degrees in taxation publications are pretty famous now no longer most effective due to the fact they provide the best training but additionally due to much less fees. Students can find the top government & private PGD in taxation colleges in India in the table below:
Types of College | Name of College |
Government | Savitribai Phule Pune University |
Maharaja Krishnakumarsinhji Bhavnagar University | |
Indian Law Society Law College, Pune | |
Private | MVP Samaj's Law College |
Shri Omkarnath Malpani Law College | |
Manikchand Pahade Law College | |
Abhinav Education Society College of Law | |
Yashwantrao Chavan Law College, Pune | |
DES Law College | |
Vidya Partishtan's Vasantrao Pawar Law College | |
Siddharth Law College | |
New Law College Pune | |
N B Thakur Law College, Nashik |
(5).
Job & Placements
The
Post Graduate Diploma in Taxation is
becoming one of the most famous postgraduate publications for college students
who've graduated with inside the trade movement or Law movement. It is also
attracting students from professional disciplines like management, company
secretary, and chartered accountants to gain more knowledge.
Job
Profile
Listed below are some of the job profiles are as under:
Job Profiles | Job Description |
Financial advisors | Financial advisors investigate the economic wishes of individuals, corporations, or nonprofits. Advisors assist their customers plan for each long-time period and short-time period goals, which include schooling expenses, retirement plans, budgeting, and trendy investments. |
Certified Public Accountant | In addition to preparing individuals' taxes, certified public accountants (CPAs) often advise clients on issues related to their taxes and income. |
Assistant Wealth Manager | It is an expert offering a combination service that includes financial/investment advice, some tax planning services, and estate planning. |
Tax collector | Tax collectors, also referred to as revenue officers, attempt to gather debts to the authorities through people or organizations overdue in submitting tax returns. Most tax collectors work for the government at the federal, state, or local levels. |
Tax Consultant | It advises clients on income tax returns and a range of financial matters, including trusts, estates, and retirement taxes. |
Revenue agent | Along with tax examiners and collectors, revenue agents help ensure That federal, state, and neighborhood governments gather tax sales from groups and individuals. They are responsible for reviewing tax returns and conducting audits, as well as identifying and collecting overdue taxes. |
Tax manager | Building relationships and interacting with clients to provide excellent planning, consulting, and expertise.Providing progressive tax-making plans and reviewing complicated profits tax returns. |
Accountant | It is a very crucial part of an organization, for managing payroll, auditing, financial management, and tax filing. |
Chief Financial Officer | A leader monetary officer (CFO) is the man or woman chargeable for the budget of a corporation. They may also overview economic risks, create commercial enterprise plans and preserve economic records. The CFO might also additionally examine the economic information inside a corporation and record his or her conclusions to the corporation's board of administrators and leader government officer. |
Tax examiner | Tax examiners typically deal with tax returns filed by individuals and small businesses, whether at the municipal, state, or federal level. They affirm that taxpayers are claiming suitable deductions and credits, and determine penalties. |
Top
recruiters
The companies that top the list of top recruiters for taxation students are:
HSBC | HDFC Bank | Accenture |
Citi Bank | Cognizant | |
Axis Bank | Amazon | WIPRO |
IBM | ICICI Bank |
Employment
Areas
Some
employment areas in which PGD in
taxation can able to work are as under:
(i).
Financing Companies
(ii). Colleges & Universities
(iii). Excise & Taxation Departments
(iv). Indian Revenue Services
(v). Banking Sector
Average
Salary
The common income for a properly certified candidate in taxation is around Rs. 6,50,000 in keeping with the annum. In a maximum of the cases, applicants are required to have both entire an undergraduate or a PG degree for higher activity opportunities. However, the common profits after finishing a degree in taxation are around Rs. 2,40,000 per annum.
Job Role | Average Annual Salary(INR) |
Revenue agent | INR 6,13,940 |
Chief Financial Officer | INR 35,41,126 |
Tax examiner | INR 6,50,000 |
Accountant | INR 2,49,458 |
Certified Public Accountant | INR 6,50,000-7,80,000 |
Assistant Wealth Manager | INR 4,19,000 |
(6).
Career/Scope
Post Graduate Diploma in
Taxation path
prepares students for expert qualification in taxation, finance, and accounting, and for this reason, allows them
in organizing an awesome foothold within the Finance sector. It
additionally opens numerous process possibilities for human beings. In the
approaching time, understanding approximately this subject is simplest going to
beautify one`s resume and process change. As the marketplace is growing,
necessities human beings having an excellent understanding approximately
taxation and approaches to deal with them have a fantastic destiny beforehand
in it.
Career
options after PGD in Taxation
After
finishing a degree in taxation course, college students are furnished with
options - both to begin operating at an access degree task for a finance firm,
tax, and audit company. Most scholars select to pursue a better diploma on
account that there are higher possibilities of the process after a published
commencement or an entire bachelor's. If college students are interested in
excelling in the subject up to the managerial level, they may be
required to get a postgraduate degree. The earnings bar is likewise excessive
for applicants who have a better degree.
Some of the
popular career options after completing
a diploma in taxation are mentioned below:
(i). Tax
collector
(ii). Accountant
(iii). Financial advisor
(iv). Auditor
(v). Financial analyst
Scope
for Higher Education
After
the final touch of PGD in Taxation,
the applicants can select to absorb jobs or can maintain their better studies.
An extra diploma inside the equal area improves process opportunities. The
graduates can focus on particular regions of the subject. Some better training
alternatives are:
(i). MBA
(ii). Ph.D.
Skills
that make you the Best PGD in Taxation Graduate
A
Diploma in Taxation graduate can develop various skills to excel in their
career such as:
(i).
Attention to Detail
(ii). Continuous Adaption and Learning
(iii). Problem-Solving Skills
(iv). Good Research Skills
(v). Analytical Skills
(vi). Critical Thinking Skills
(vii). Communication Skills
(7).
FAQs
(1). What is a PGD in taxation?
Ans.
PGD in taxation is a one-year certificate-level diploma course that covers a
variety of technical and practical regions with relevance to direct and oblique
taxes, economic accounting, profits tax, auditing, accounting control, and
extra such associated matters.
(2). What is the total duration of the
PGDT program?
Ans.
Minimum 1 year; Maximum 2 years depending upon the curriculum and the score you
score in the semester.
(3). What is the common revenue in
taxation?
Ans.
Taxation students can find a salary between INR 5,00,000-20,00,000 depending
upon their experience and job profile.
(4). What are the sections on which
entrance exams take?
Ans.
The faculties generally divided the examination into 5 sections, i.e. General
English, Quantitative Ability, General Awareness, Analytical and Logical
Reasoning, and Written Ability Test (WAT).
(5). What skills do I need to know
before enrolling in PGDT?
Ans.
Critical thinking, Quick Decision Making, and Active Listening are the basic
requirement for the course
(6). What are the benefits of a Post
Graduate Diploma in Taxation?
Ans.
Career opportunities are great and will have a high scope, as the market is
growing rapidly.
(7). Can I get a Scholarship while
applying for Colleges for Post Graduate Diploma in Taxation?
Ans.
The college which selects via front exam constantly has a Scholarship provision
and different faculties offer primarily based totally on merit. So, if you
qualify for their criteria you can get a scholarship.
(8). Who is a tax collector?
Ans.
A tax collector is an expert who's liable for collecting monetary information,
going on area tests for audits, comparing monetary information, and retaining
the ee-e book preserving system.
(9). What kind of professional
background do I need?
Ans.
Majorly people with a commerce or law background for this program to enhance
their knowledge.
(10). Why should I enroll in this
program?
Ans.
As a developing country, finance is one of the pillars so knowledge about it
will help both personally and professionally.
(11). Is it possible to do this course
while doing the job?
Ans.
Yes, through distance learning mode, few colleges give this option to students.
All the course materials are also provided by a few colleges.
(12). Do I actually have a Job
guarantee after completing Post Graduate Diploma in Taxation?
Ans. Yes, it will enhance your resume and will give you great opportunities and you can be self-employed but in the end your knowledge about the course and hard work that is going to be paid.