Careers in Taxation

Taxation is a process of imposing financial charge (tax) on the citizens who earn ‘taxable’ income. Tax is levied upon the tax payers by the Central Government, State Government or any authority of a state, such as the Municipality or the Local Council. Tax collection is an important role of the government, because the tax paid by the citizens forms its integral source of income. Commerce graduates and post graduates are generally hired for jobs in the field of taxation. Many institutes in India are conducting courses in the field, to produce competent professionals who can work in the field of taxation.

Course Details
Many colleges and universities in India are conducting courses in the field of taxation, at diploma and certificate levels. To pursue the undergraduate level courses, the aspirants must have passed Higher Secondary Certificate Examination or 10+2 from any recognized state/national Board. To be eligible for the PG courses, one has to complete graduation in the relevant stream.

Career Prospects
Public sector undertakings are always in demand of efficient professionals who can deliver good performance in the field of taxation. The aspirants can join any related organizations as Tax Accountant, Employment Tax Specialists, State Local Tax Attorney specialists, Tax Policy Analyst, Tax Recruiter, tax advisor, Tax Manager, Tax Examiners, Collectors, Revenue Agents etc.

Top Colleges Offering UG/PG/Other Courses
Many educational institutes in India are offering education in the field of taxation. Some of the prominent institutions are Annamalai University, Nagpur College of Taxation, Institute of Chartered Accountants of India and Indian Institute of Taxation. Apart from this, commerce colleges have included taxation as an important part of their curriculum.

Remuneration
Remuneration in the field of taxation varies from one organization to the other. However, beginners can earn a salary of Rs 200000-Rs500000 per annum.