Taxation law or tax law is a branch of legal studies that concerns the laws and regulations of tax of goods and services levied by central and state governments. The discipline is one of the most popular among law aspirants and the industry has a pool of better career options in taxation law. Plus, tax law professionals can build a better career as individuals, companies and enterprises alike are indebted to pay the taxes. To begin learning about taxation law, you can resort to online taxation law courses and certificate course in taxation law. If you have a plan to carve out a career in taxation law like tax consultants, it is recommended to go for undergraduate and postgraduate tax law courses such as LLB and LLM. diploma in taxation law and post graduate diploma in taxation law are also available.
Also Read: Top Taxation Law Colleges in India
What is Taxation Law?
Taxation law is a set of rules and regulations on the tax the citizens have to pay the central and state governments for goods and services. As the tax permeates all aspects of our life including property, vehicle, income, goods, and services, having professionals who know very well about the taxation system and law is very important. If you plan to go for further studies in taxation law, there are pg diploma in taxation law and undergraduate and postgraduate courses you can go enroll in. Integrated programmes such as BA LLB and BBA LLB are also available.
Who can Pursue Taxation Law Courses?
The taxation law courses can be taken by you, if
- You are passionate about law.
- You are interested in working in the legal profession.
- You have the knowledge and understanding of tax systems.
Eligibility Criteria of Taxation Law Courses
Taxation law courses, especially the UG and PG level courses, will have a set of eligibility criteria mandated by the colleges you plan to go to. Some universities and institutions also consider the entrance exams conducted nationally for admission to the taxation law courses. Online taxation law courses and free online certificate courses in taxation in India often do not demand any particular set of eligibility requirements except the basic qualification. Check below to know the detailed requirements of UG and PG taxation law courses.
Eligibility Criteria of UG-level Taxation Law Courses
- To join the UG-level taxation law courses like LLB, the students must have completed their 10+2 successfully from any of the recognized boards. And they need to have an aggregate of 50%.
- Some colleges and universities will have entrance exams or will consider national or state-level entrance exams for admission. In such cases, the candidate will have to score the cut-off prescribed by the institutions.
Eligibility Criteria of PG-level Taxation Law Courses
To get admission into PG-level taxation law courses such as LLM and PG diplomas, the candidates are required to have completed their LLB or equivalent qualifying degree from any of the recognized colleges.
They will have to crack the entrance exams if the institution demands them.
Entrance Exams for Taxation Law Courses
For admission to the undergraduate and postgraduate taxation law courses, aspiring candidates will be required to appear for the entrance examination as per the regulations of the institutions. Here is the list of some of the entrance exams for taxation law.
- AILET (All India Law Entrance Test)
- LSAT (Law School Admission Test)
- AIBE (All India Bar Exam)
- CLAT (Common Law Admission Test)
Skills Required for Taxation Law Courses
Taxation law courses will lead you to a profession that needs constant interactions with clients. The professionals working in this field must have communication skills and listening skills. Similarly, having numerical ability will help you while doing the taxation law courses. Check the list below to know some of the required skills:
- Communication skills
- Listening skills
- Numerical ability
- Accounting skills
- Problem-solving skills
- Good understanding of the tax system in the country.
Explore Popular Specializations
What You Will Learn in Taxation Law Courses
The course content for the taxation law courses will vary from course to course. The online taxation law courses will be covering the fundamental topics. Whereas advanced programmes like postgraduate diploma in tax law and UG and PG tax law training courses will cover advanced aspects of taxation law. Some of the topics you can learn in tax law training are:
- Levy of Tax
- Customs Duties
- Goods and Services Tax
- Tax Law
- Business Computing
- Micro Economics
- Excise Rules
- Exemption of Tax
- Financial Accounting
- Computation of Taxable Income
- Corporate laws
- Business Laws
- Cost Accounting
- Indirect Tax
Popular Taxation Law Certification Courses
You can learn Indian and foreign taxation law by enrolling in taxation law certification courses. They are offered by the providers like Swayam and Udemy by collaborating with the institutions like IGNOU and UCT Cape Town. Check the table below to know the popular tax law certificate programmes and free taxation law courses.
Course | Provider | Duration | Fee |
Tax Law | 8 Weeks | Rs 69,343 | |
BCOC-136 Income Tax Law and Practice | IGNOU Delhi via Swayam | 15 Weeks | Free |
Tax Preparation and Law 2022, 2021, 2020, 2019 & 2018 | Udemy | Self-paced | Rs 3,999 |
Practical Course in Goods and Services Tax | Udemy | Self-paced | Rs 3,499 |
How to file online income tax return | Udemy | Self-paced | Rs 1,299 |
How to Prepare Your U.S. Federal Tax Returns Online | Udemy | Self-paced | Rs 3,499 |
Career Opportunities After Taxation Law Courses
There are plenty of professional opportunities for taxation law graduates. They can work in private legal companies, as government lawyers, and in business organisations as legal advisors. Some of the career opportunities you can go for after the taxation law certifications and international tax law courses and free online tax course with certificate are:
- Legal Advisor
- Tax Manager
- Tax Consultant
- Business Tax Consultant
- Property Tax Consultant
Know more:
Salary Trends in Taxation Law
The salary trends for professionals in taxation law are based on the sector they work in. Immediately after the taxation law courses, they can try entry-level jobs which will be compensated with a basic salary. Once they get working experience in the industry, they will be provided with a high salary. Some of the job profiles for taxation law professionals and their respective average salaries are tabulated below.
Job Profile | Average Salary |
Legal Advisor | Rs 601,597 p.a. (Approx.) |
Tax Manager | Rs 1,494,574 p.a. (Approx.) |
Lawyer | Rs 596,653 p.a. (Approx.) |
Tax Preparer | Rs 330,000 p.a. (Approx.) |
*Source: Payscale
Popular Online Law Courses and Certifications
- Online Law Courses and Certifications
- Online Cyber Law Courses and Certifications
- Online Labour Law Courses and Certifications
- Online Criminal Law Courses and Certifications
- Online Business Law Courses and Certifications
Scope of Taxation Law Courses
Professionals who have completed the taxation law courses have plenty of job opportunities available, to begin with. They can work in the public and private sectors. The options of government lawyers, advocates in courts, legal advisors for private companies, and lawyers in law firms are some paths the taxation law graduates can take. As small-scale enterprises and individuals also have to pay the good and service taxes levied by the government, professionals in taxation law can also work as tax consultants.
Explore Major Course Providers
Top Recruiters in Taxation Law
Here some of the private law firms which hire lawyers who have taxation law specialisation are provided. The government sector also hires taxation law professionals for many job opportunities. Many companies including MNCs recruit lawyers to look after their tax-related aspects.
- AZB & Partners
- Platinum Partners
- Desai & Diwanji
- Luthra & Luthra Law Offices
- Amarchand & Mangaldas
- Phoenix Legal
Taxation Law Courses by Top Providers
Online taxation law courses are offered by various online learning platforms. Some of them are provided below.
- GetSmarter Taxation Law Courses & Certifications
- Swayam Taxation Law Courses & Certifications
- Udemy Taxation Law Courses & Certifications
Students also liked
- Online Certification Courses
- Top Certification Course Providers
- Online Degree and Diploma Courses
- Online Short Term Courses and Certifications
- View List of all Online Courses and Certifications
FAQs
Q) How to become a tax lawyer?
Ans) You can become a tax lawyer by taking up undergraduate and postgraduate degrees in law after the 12th. LLB, LLM, and integrated programmes like BBA LLB and BCom LLB are some of the highly recommended courses.
Q) How can I learn taxation law online?
Ans) You can learn taxation law courses by joining the online taxation law courses provided by various MOOC providers like Udemy and Swyam.
Q) What are the career options I can pursue after the taxation law courses?
Ans) After completing the taxation law courses, you can look for the professional options of lawyers, tax advocates, legal advisors, tax consultants, and tax managers.
Q) What are the top colleges that offer taxation law courses?
Ans) Top colleges offering taxation law courses in India include DES Law College, ILS Pune, and JNVU Jodhpur.
Q) What is the average salary of a tax lawyer in India?
Ans) The average salary of a tax lawyer in India is approximately Rs 4.2 Lakhs per annum.