BCom Tax Procedure and Practice, Admission, Top Colleges, Syllabus, Jobs and Salary 2024

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Waqar Niyazi

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BCom Tax Procedure and Practice is a two- years post-graduate programme with the motive to impart understating of various types of taxes such as wealth tax, Value added tax, customs tax, Income tax, central excise tax, Property tax, Service tax, etc. Know More: BCom Courses

The starting salary of BCom Tax Procedure and Practice fresher is about 3-9 LPA. Candidates who want to become Accountant, Revenue Agent, Tax Policy Analyst, Employment Tax Specialist, Personal Finance Consultant, Marketing Manager, Financial Analyst, Tax Attorney Specialist, Tax Examiners, etc usually go after this course.

BCom Tax Procedure and Practice eligibility require candidates to complete their 10+2 or its equivalent examination from a recognized board. Admission to BCom Tax Procedure and Practice is granted through Entrance exams conducted at the state level and the national level.  BCom Tax Procedure and Practice direct admission is also offered by some of the leading BCom Colleges in India

BCom Tax Procedure and Practice: Course Highlights

Full-Form Bachelor of Commerce (Tax Procedure and Practice)
Duration 3 years
Type Degree
Selection Mode Merit-based or Entrance examination
Course Level Graduate
Examination Type Semester and Annual
Eligibility 10+2 or any equivalent exam with Commerce as one of the Subjects
Syllabus Indian Tax System, Value Added Tax, etc.
Admission Process Entrance exam and Merit-based
Average Course Fee Ranges between INR 5000 to INR 10,00,000
Average Starting Salary Ranges between INR 1,20,000/- to INR 10,00,000/-
Employment Sectors Sales Tax Department, Insurance, Indian Economic Services, Multinational Companies, Banking Sector, firms, Import/Export, Airports, Forensic Accounting, etc

Why should you do BCom Tax Procedure and Practice?

  • The course B. Com (Tax Procedure and Practice) helps in making a candidate proficient in concepts related to taxation, finance, and accounting.
  • Pursuing higher studies after graduating in B. Com (Tax Procedure and Practice) will improve the career prospects of a candidate.
  • The course prepares a student both for entrepreneurship as well as the corporate world.
  • One can also opt for jobs in government sectors, private organizations, or become an entrepreneur.
  • They can pursue their higher education by opting for Postgraduate degrees like M.B.A and M.Com or go in for professional courses like CA, CS, ICWA to brighten their career prospects.

BCom Tax Procedure and Practice: Course Advantages

  • Tax Procedure and Practice is the complex study of Tax processes.
  • Tax Procedure and Practice degree programs often include Value added tax, Service tax, Property tax, Income tax, etc. and to equip the students with knowledge in indirect taxes like wealth tax, central excise tax, and customs tax. Indian Tax System, Value Added Tax and Central Tax Procedure, etc.
  • Candidates who enrolled in the course of BCom Tax Procedure and Practice are provided with knowledge about the technicalities of the domain of Taxes.
  • The objective of BCom Tax Procedure and Practice programme is to increase the skills of students who are Tax Procedure and Practice enthusiasts and enhance their skills while imparting knowledge of the global standard.

BCom Tax Procedure and Practice: Admission Process

Admissions in Bachelor courses are also done through both merit and entrance exams.

Direct Admission

  • Candidates who are willing to get admission in this stream can apply to BCom Tax Procedure and Practice colleges by both offline and online means.
  • You can either reach the official website of the institute or to this step admission office of the institute to fill the admission application form.
  •  Fill the application form required and upload all the necessary documents which are asked in the form.
  • After completion of the process of application, go for counselling round and attend the personal interview round to get your desired college.

BCom Tax Procedure and Practice: Eligibility Criteria

  • Candidates must have cleared the equivalent exam for their desired college.
  • For admission in some colleges, students are also required to have Mathematics as one of the compulsory subjects either at the 10+2 level or in Sr. Secondary (10+2).
  •  Candidates must have scored at least minimum 50% to 60% marks in 10+2 in order to be considered for admission to BCom Tax Procedure and Practice.

BCom Tax Procedure and Practice: Entrance Exams

Some of the important entrance exams conducted by esteemed universities and colleges are listed below.

Entrance Exam Exam Date
NPAT January 1, 2024 to May 25, 2024
JET To be Announced
DSAT 2nd week of April 2024 
LPUNEST January 20 to February 5, 2024
AIMA UGAT

To be Announced

BCom Tax Procedure and Practice: Entrance Exam Preparation Tips

  • Divide your schedule: Studying without a deadline isn’t something that candidates can afford, therefore they must assign their days to certain topics and finish them within the deadline.
  • Keep your resources limited: It is a must for candidates to remain focused and having too many resources will only alleviate the stress. Therefore, they must research well and shortlist some resources for the study plan and stick to it. Remember, Candidates can’t cover everything from everywhere, therefore keep it simple and accurate.
  • Revision is the Key: Candidates should not keep revision for the last minute. They should keep revision sessions for regular intervals. They should make some crisp notes for the last minute reading and avoid unnecessary panic before the exam.

BCom Tax Procedure and Practice: Top Colleges

Many colleges are offering this course in India. Some of the top colleges offering this course are listed below –

BCom Tax Procedure and Practice: College Comparison

College Comparison between Shri Ram College of Commerce (SRCC), Hindu College, New Delhi and Lady Shri Ram College for Women, New Delhi is given below:

Features Shri Ram College of Commerce (SRCC) Hindu College, New Delhi Lady Shri Ram College for Women, New Delhi
Overview One of the best colleges for Commerce and Economics in the country aims at inculcating conceptual and practical understanding of taxation and financial concepts. An esteemed college aims at equipping the students with skills to develop and manage an organizations' financial strategies Lady Shri Ram College for Women is one of the best colleges for commerce that imparts an in-depth knowledge of the taxation concepts to students.
India Today Ranking 2020 1 2 3
Admission Merit-based Merit-based Merit-based
Average fee INR 45,000 INR 54,780 INR 59,610
Average placement package INR 6,40,000 INR 8,00,000 INR 6,30,000
Top Recruiters Google, Barclays, Citibank EY, KPMG, DE Shaw, etc Bank of America, Bloomberg, Genpact, KPMG, BCG, etc

BCom Tax Procedure and Practice: Tips to get Best College

To get admission into a good college one needs to ensure to have scored more than 90% at the Intermediate level. Apart from this, most of the institutes provide admission to the course on the basis of entrance examinations, hence preparing well for the entrance exams is a must for an aspirant to get the best college.

Note: Before shortlisting and selecting colleges finally, they must ensure to check the placement rate of the college, method of course delivery, admission system, and the financial aid offered there.

BCom Tax Procedure and Practice: Syllabus

A typical BCom Tax Procedure and Practice syllabus is written below –

The table shows some of the topics taught in the course throughout the 3 Years of education.

Semester I Semester II
Business Mathematics Financial Accounting
Business Economics Business Economics
Financial Accounting Business Management
Business Management Indian Tax System and Income Tax
Indian Tax System and Income Tax Business Mathematics
Central and State Sales Tax Procedure and Practice I Central and State Sales Tax Procedure and Practice II
Semester III Semester IV
Corporate Accounting Corporate Accounting
Business Statistics Business Statistics
Corporate Law Business Regulatory Framework
Business Regulatory Framework Corporate Law
Direct Tax (Procedure and Practice) Direct Tax (Procedure and Practice)
Direct Tax (Employers Obligation) I Wealth Tax
Semester V Semester VI
Taxation Law Taxation Law
Cost Accounting Cost Accounting
Accounting for Management Financial Management
Financial Market Operations Auditing
Indirect Tax: Procedure and Practice Indirect Tax: Procedure and Practice
Indirect Tax: Central Excise Duty Indirect Tax: Provisions of Custom Duty

BCom Tax Procedure and Practice: Recommended Books

Some of the important reference books are mentioned below:

Name of the Books Authors
Taxation (Direct and Indirect) Monica Singhania and Vinod K Singhania
Taxation BCom Gaur V.P., Yadagiri M., Padmalatha N., Krishna Rao
Taxation with Lab Work BCom Gaur V.P., Narang D.B., Madmalatha M., Kanduri Sush
Business Taxation BCom, BBM, BCA & M.Com Radhakrishnan P

BCom Tax Procedure and Practice: Course Comparison

All these degrees may sound similar. But BCom Tax Procedure and Practice and BBA are different courses. Below is mentioned the comparison of all these courses:

See also: Top BBA Colleges in India

Feature B. Com (Tax Procedure and Practice) Course BBA Course
Objective For candidates who would like to build a career in finance, taxation, and accounting. For candidates who would like to build a career in business management and entrepreneurship.
Eligibility Criteria A pass in the higher secondary exam or an equivalent exam in commerce stream with an aggregate of at least 50% A pass in the higher secondary exam or an equivalent exam in any stream with an aggregate of at least 45%
Admission Based on marks in qualifying exams and entrance exams. Based on marks in the entrance exam and qualifying exam.
Subjects Indian Tax System, Value Added Tax etc. International Business, Information Technology, Human Resource, Insurance etc.
Roles Offered Tax recruiter, revenue agents, tax policy analysts, tax examiners, etc. Sales Executive, Research Assistant, Office Executive, etc.
Higher Education M.Com, MBA, and professional courses like CA, CS, etc. MBA
BCom Tax Procedure and Practice Course Comparison

BCom Tax Procedure and Practice: Job Prospects

After completing degree BCom Tax Procedure and Practice, Students also get good career options in Banks, Budget Planning Commissions, Business Consultancies, Educational Institutes, Foreign Trade Centres, Industrial Houses, Investment Banking Sector, Marketing Companies, Merchant Banking, Public Accounting Firms, Policy Planning, Public Accounting Firms, Treasury and Forex Departments, etc.

Top Job Profile and Average Salary are given below:

Job Profile Average annual Salary
Tax Consultant INR 7 to 8 LPA
Finance Officer INR 3 to 4 LPA
Actuaries INR 7 to 8 LPA
Business Consultant INR 8 to 9 LPA
Auditor INR 3 to 4 LPA
BCom Tax Procedure and Practice Salary Trend

Future scope after BCom Tax Procedure and Practice

After completing the bachelor of arts (Tax Procedure and Practice) course graduates can continue doing their further study and go for a PhD. It will enhance their language skills and provide more knowledge. Graduates can work in the government sector as well as the private sector.

M.Com: If a student wants to continue in the same field of education, the second program of choice is M.Com. It is a two duration course and the eligibility criteria include having a BCom Degree in related disciplines.

See Also Top M.Com Colleges in India

PhD: If a student wants to continue in the same field of education, the second program of choice is a PhD. It is a three to five year duration course and the eligibility criteria include having a BCom Degree in related disciplines.

See Also Top PhD Colleges in India

BCom Tax Procedure and Practice: FAQs

Ques. What is the best option after I complete my BCom. (Tax Procedure and Practice)? Should I go for a job or pursue my higher studies?

Ans. There are opportunities available right after the completion of the course. However, a PG degree or professional course will help you in landing up in a better job profile.

Ques. What is the duration of the BCom. (Tax Procedure and Practice)?

Ans. The course duration is 3 years which is divided into 6 semesters.

Ques. What is the average fee for the course BCom. (Tax Procedure and Practice)?

Ans. The average annual fee to pursue this program ranges from INR10,000 to 3,00,000. It varies depending on the college/ university the candidate is opting for.

Ques. What are the career options after completing the course BCom. (Tax Procedure and Practice)?

Ans. There are many career options available for a BCom. graduate. Some of them are Accountant, Revenue Agent, Tax Policy Analyst, etc

Ques. Can I opt for BCom. (Tax Procedure and Practice) in Loyola College, Chennai?

Ans. Loyola College, Chennai is ranked 5th by India Today. It is one of the esteemed colleges offering the BCom. (Tax Procedure and Practice) and definitely a very good college to pursue your BCom. course.

Ques. What are the main subjects in BCom (Tax Procedure and Practice)?

Ans. There are a lot of subjects covered in the syllabus during the course. Listed below are a few among them.

  • Business Mathematics
  • Business Economics
  • Financial Accounting
  • Business Management
  • Indirect Tax: Procedure and Practice
  • Indirect Tax: Central Excise Duty

Ques. What is the average salary of a BCom (Tax Procedure and Practice)?

Ans. The average salary depends on the job profile and the sector the candidate is employed in. It generally ranges between INR 1,20,000 to INR 10,00,000.

Ques. What should one do after BCom (Tax Procedure and Practice) M. Com or MBA?

Ans. M. Com would probably be a great choice if you wish to pursue research/Ph. D or teach at a college level. An MBA will be a better option if one wishes to pursue a career in the corporate sector. However, it entirely depends on the individual’s choice and preference.

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52 Reviews found

Course Curriculum Overview:

Well, I chose B.com (Tax Procedure and Practice) because I wanted to do something different not like general B.com. And, college had this taxation course on which I did my research too and ended up choosing the same. As GST implied in 2017, they added GST in our course also. Professor also gave their best to teach us the same, though there was no book or particular study material available for GST subject as it was just implied then. But our college made sure to provide us the proper notes on the basis of the daily amendments and analysis. In terms of exams, we need to take 6 exams for the respective 6 semesters and the exam papers are always upto the standards.

Faculty:

1 faculty member over 36 students. Faculty members are well qualified and experienced in their fields. They support the students in terms of courses and personal development as well. In my batch, I liked Professors Pallavi Mam and Vandana Mam, due to their dedication and way of teaching. Vandana Ma'am used to keep every student up to date with the syllabus on daily basis. There was nothing much to dislike about the faculties. However, one thing to highlight is that some members need to understand the students requirements in terms of courses.


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Am
3.2 /5
Most Helpful

Faculty:

According to me faculty of collage are good they help students to get good marks in exam In first year i got 79.08 CGPA I think all the faculties like sanodia sir Vikas sir all teachers are good and they always help us to perform good in exam I think all teachers are good According to me the question paper of the final exam are very very easy they are not talking semester wise exam they are taking yearly exam So the pattern of the question paper is like 2×3= 6 ( they give 8 questions where we have to attend only 4 questions) 4×9=36( they give us 8 questions where we have to attend 4 questions) 14×2=28 they give us 5 questions where we have to attend 2 questions)

Fees and Financial Aid:

I don't know the proper fee structure but i can conclude what fee i paid them in Frist and second year ... I am from the general category and I didn't know the fee of other category Frist and the time of admission in bcom course I paid Frist installment of 3200 rs After the I paid 7000 rs ( and 1800 rs examination fee ) In second year i gain paid them 7000 rs and ( 1800rs examination fee) According to me you didn't suffer the financial issue from this collage And they also provide scholarship and other this to students.


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Campus Life:

The technical and annual festivals in my college are traditional day, Bollywood day, green day. Typically Bollywood day and traditional day are held in the same month as in February. The accessibility of college library is limited and not many books are available. There is no such facility in my classroom, there is only a smart board and nothing else . The extracurricular activities are offered by the campus a lot and every student can participate in every aspect.

Course Curriculum Overview:

I wanted to prepare of the ssc exam and for that I chose bcom taxation. The course curriculum prepares good for the real world application and give knowledge about the tax and accounting process. The teachers should explain in a manner that should interest the student rather than just reading and solving the questions. Frequency of exam is good and the difficulty level is mid not that hard.


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Course Curriculum Overview:

BCom covers a vast syllabus and provides a lot of options hence the decision to choose this course is quite worth it. It doesn't really prepare you for real-world applications unless it's a vocational and foundation course. Picking new subjects for overall development is very necessary. The frequency of exams is too high, every month, we are supposed to give exams when we already have a lot on our plate.

Faculty:

The faculty-to-student ratio is enough for the balance and it has a great and positive impact on our learning. The faculty mostly promote favoritism on students which makes others feel left out which puts out a bad example. Very rare approaching to the teachers and the department because they're usually busy and very rude.


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Course Curriculum Overview:

The course that i took was bcom(tax) which was a course with a specialization of tax subject. The course was very interesting and i was very satisfied with the subject present in this course. The college also sent the students for internships in the final year of my course.

Campus Life:

My college had anuual day functions every year and also graduation ceremony. There were all the sports available and also a gym available in the college . NSS and NCC programmes were also conducted to involve the students in co curricular activities.


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HB
4.2 /5
Most Helpful

Faculty:

The Faculty to student ratio is approximately 1:15 it helps a lot as you can one to one asks teachers your doubts and they get solved immediately Further the faculty is well educated and groomed their approach is always to make the students understand the concept rather than mugging it up As the classes are offline interaction with teacher becomes easy and on daily basis

Course Curriculum Overview:

The course curriculum is well drafted as it first let us understand the basic of every concept and then we head towards advanced concept with real life scenarios and case studies makes it more easy to understand how to apply the concepts learnt in real world With proper test and examination in every 2 months the concept remains in head all the time


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Course Curriculum Overview:

The course is very interesting for studying We get to know about different types of taxes that exists The exams are held annually in our course The thing I like to suggest is that there should be a separate study or case studies for every tax that are there in the syllabus

Fees and Financial Aid:

The fees is about 25-30k per year There is tuition fees also Scholarship are also provided to the students who fall under SC ST and OBC category Also a special scholarship is there for the students who scored above 85% in their 12th standard


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D
3.8 /5
Most Helpful

Campus Life:

•Annual fetch are held on December . • Every book which you are required in your course are available in library you can get them from Library •classrooms are good. •there are so many sports which are present in college there are so much clubs which you can join for extra curricular activities •law and taxation group

Course Curriculum Overview:

• I choose taxation as we all know how today get and all taxes are important . • every subject have their own teacher who mastered in subject. •teaching method is too good and all teachers has higher education •Exams are as per semester of 6 month and it is easy to moderate.


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4.9 /5
Most Helpful

Course Curriculum Overview:

Personally think my college is best because the teacher are so humble with their students and support at the same time. They look for every student and know the ability of the student. And my exam is very timely held by the respective authorities.

Campus Life:

So basically my campus is very good at the same time I'm very extrovert so I can manage a good social life and I have the best environment further any College can give me. The edcell is the a social website for students run by students


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Fees and Financial Aid:

The fee structure is the admission form is 1000rs only and course fees are 13820rs only. And the exam fill-up amount is approx 1500. And the scholarship is the same as the course fees. And scholarship's name is Madhavi Vidyarthi Yojna.

Course Curriculum Overview:

This course is suitable for the future. All faculties are great knowledge about the course and help the students. The exam is not difficult because all concepts are clear and knowledgeable teachers teach well.


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Course Curriculum Overview:

I choose this course to improve our basic knowledge related to tax procedure and practice, teachers teach us frequently and appropriate manner, the half-yearly examination is extended and very difficulty to pass them because syllabus not complete in time

Fees and Financial Aid:

The fee structure is different for different courses, the opportunity of scholarship is provided only to those who are below the poverty line, not the general category, job placement is available also provided by the college


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Campus Life:

The events, whether annual fest, traditional day, or any other departmental fests etc., are the things Bsss is known for. The facilities of the library, its collection, and everything else were top-notch. There were several facilities for sports in college. A good exposure for athletic personalities. From time to time, academic, non-academic, and sports events used to be there every month or two. Also, as I heard, college has outgrown very well and very well-groomed personality groups are now being made, which is really good for any student. I believe that every BSITE is fortunate to have such a wealth of facilities, exposure, and high-quality education in BSSS.

Course Curriculum Overview:

I chose this as a career option because I have always been a keen observer and enthusiast of the finance, tax, and accounting fields. The quality of the faculty is outstanding. They were highly educated and well versed in the courses, and there were different teachers in every section for the same course. Assessment and semester exams usually take place from time to time. 


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Course Curriculum Overview:

I opted for B. Com (tax) because when I went through their courses I felt that I come from a commerce background so this course will help me more to explore my knowledge, especially in the tax field. The faculty and their teaching skill is awesome, they explain topics in detail and with the current example

Campus Life:

The college conducts many sports and extracurricular activity and also organize a various webinar for the students. Many programs and functions are also conducted throughout the year in which students are able to explore their more knowledge and skill


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Course Curriculum Overview:

I chose BCom in taxation. Because it is a professional course that opens many avenues for future career-shaping. Also studying the tax structure gives you a glance at which the economy is taxed and function. The teacher in the first year was superb, she laid a very strong foundation for tax. But later on, temporary teachers came who lacked tax knowledge. Exams were very timely but results of one-semester use to come in the next. So it makes it difficult for a student to understand if he/she has failed in any of the previous exam.

Campus Life:

The social life of the college was really interactable. Students use to sit in the basketball ground, libraries, or canteen and enjoy their social life. The library of the college is really peaceful and engaging. Material of lots of subjects is available which supplements the students' preparation. NSS and NCC are the groups that are run by students in which majority of girls participate.


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Placement Experience:

First in Madhya Pradesh effectively from 2017 the following course like BA, BCOM, BSC is not semester wise. From 2017 it can be held yearly. So after second year students are eligible to take part in campus placement or pool campus. The main recruiter's of the college are TCS, WIPRO, PARAGON, VKC PRODE, ICICI BANK, CANARA BANK, RELIANCE FRESH Etc. I have don't information about the low package but I know that the maximum package is given by Wipro or TCS. Generally, all students take part in the placement process but however some are rejected, some are going to higher education and some are selected but not joined because of very issues.

Campus Life:

Every year one big fest organised by college name ABHINANDAN probably in January or February. The event is for 3 days. The first day fashion show and food zone were organised in both events college students are participating. The second day dance performance event is held. On the third and last day award ceremony held in which previous year rank holders are recognised by the Chief guest, trustees or by the college principal with one medal, certificate and memento.


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Course Curriculum Overview:

I choose this course because bhopal school of social sciences specialises in Taxation, Faculty is highly educated like my GST teacher is a Company secretary (CS) STUDENT RATIO is 1.5:1. Qualification-Most teacher have a doctorate, and every teacher are very experienced. Term exam were 1st semester was December and 2 Nd semester was on April.Due to focus situation 3ed semester will be on January.

College Events:

Annual fest is Green fest. Books and journal in library are more than 20,000. Amenities in classroom is smart digital computer. Sports are football, batminton, basketball, volleyball, swimming. Clubs are Rythm it is radio jockey and singing place. Incubation cell English cell.


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Remarks:

They are very supportive. The principal of the college always helps students and fulfil the demand of every students. There is no ragging culture. Admission starts from the month of May of every year. And it is very simple, you just have to go to the college and take the admission form.

College Events:

They have the sports activity every year where students participate. They also conduct the annual fest each year. Books are always available for students in the college library. We have our whatsapp group also where we gets every update regarding the classes and college activity.


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4.2 /5
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Course Curriculum Overview:

I did Higher Secondary in commerce subject,and I am interested in commerce that's why I choose B.com course with Taxation stream which gives me extra advantage of knowledge of taxation, faculties are knowledgeable and have good command on the subject. Earlier exams are conducted semester wise but now exams are conducting in yearly basis, the exams generally postponing every year and not conduct on time, this thing I dislike here.

Internships Opportunities:

The college offered us internship programme of tally ERP 9.0 through NIIT in college campus that time when I did graduation, but now a days college is not providing any internship facility you have to go through your own sources.


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Placement Experience:

Bsss has its own job and placement cell working regularly for the students to provide them best jobs available for the students and also they provide internship to the students

Campus Life:

There are full Facilities like computer labs and class room having a seating facility of 80 students at a time. Conference hall, sports room, basketball etc.,


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College Events:

Your first year of college presents a lot of new experiences: living away from home, meeting new people and managing your own time. Prepare for life on campus by figuring out what to bring, how to handle challenging circumstances and what you can do to manage your workload. But this college will give you less experience and don't expect so much of fun from here

Campus Life:

The infrastructure of a college plays a vital role in the development of the college as the students are now focusing on the labs, class rooms, etc while selecting a college. It is important that the colleges have very good infrastructure with advanced laboratories equipped with state of the art equipment etc.


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