Course Overview:
The Diploma in Taxation provides students with in-depth knowledge of various tax laws, tax compliance, and tax planning. It is designed for individuals interested in pursuing careers in tax advisory, auditing, and finance. The course equips students with the skills necessary to work in corporate tax departments, tax consultancy firms, or as independent tax advisors.
Duration:
The duration of the Diploma in Taxation usually ranges from 1 to 2 years, depending on the institution and mode of study (full-time or part-time).
Syllabus: Semester-Wise Breakdown
Semester 1:
Introduction to Taxation
Principles of Economics
Business Communication and Accounting
Indian Income Tax Law
Indirect Taxes (GST)
Financial Accounting and Reporting
Semester 2:
Corporate Taxation
Wealth Tax and Property Tax Laws
Tax Planning and Management
Tax Compliance Procedures
International Taxation
Advanced Excel for Taxation
Semester 3:
Tax Audits and Assessments
Transfer Pricing
Customs and Excise Duty
Taxation of E-commerce and Digital Businesses
Tax Planning for Individuals and Businesses
Project Work/Internship (Mandatory)
Semester 4:
Tax Litigation and Appeals
Tax Policy and Reforms in India
VAT and Sales Tax
Advanced Tax Management
Entrepreneurship in Tax Consultancy
Final Dissertation/Project Presentation
Average Fees:
The average fees for the Diploma in Taxation course range between ₹30,000 to ₹1,00,000 depending on the institution and location.
Exams to Attend:
Students will need to complete semester-wise exams and practical assessments, including case studies on tax compliance and planning. Additionally, some institutions may encourage students to pursue professional certifications such as the Chartered Tax Advisor (CTA) or certifications in GST and corporate tax compliance.
Top 10 Ranking Institutions Combined in India:
Indian School of Business (ISB), Hyderabad
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai
Symbiosis Centre for Management and Human Resource Development (SCMHRD), Pune
Indian Institute of Taxation (IIT), New Delhi
Christ University, Bangalore
Loyola Institute of Business Administration (LIBA), Chennai
Xavier School of Management (XLRI), Jamshedpur
K.J. Somaiya Institute of Management Studies and Research, Mumbai
Amity University, Noida
Welingkar Institute of Management Development & Research, Mumbai
Top 10 Institutions in Kerala:
Rajagiri Centre for Business Studies, Kochi
SCMS School of Business, Kochi
St. Teresa’s College, Ernakulam
St. Albert’s College, Kochi
Sacred Heart College, Kochi
Marian College, Kuttikkanam, Idukki
Farook College, Kozhikode
MES College, Marampally
Government Victoria College, Palakkad
MACFAST (Mar Athanasios College for Advanced Studies), Thiruvalla