Bachelor of Commerce in Taxation and Finance is a specialized course in the field of tax and financial management. B.Com in Taxation and Finance is a three-year undergraduate course designed to provide students with an effective understanding of the tax system and financial principles in an efficient way. The primary purpose of this course is to prepare students for various positions in the area of the tax department and various financial careers such as financial administration, financial planning, wealth management, property valuation etc. B.Com in Taxation and Finance course also prepares students for a wide variety of business opportunities while imparting management skills and core competencies. B.Com in Taxation and Finance also offers a solid platform to the students who wish to pursue technical courses in the future such as CA, CS, ICWA.
The Major Highlights of B.Com in Taxation and Finance Course is mentioned below:-
Level |
Undergraduate |
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Duration |
3 Years |
Age Limit |
17 - 23 |
Minimum Qualification |
10+2 with minimum 50% marks |
Selection Process |
Merit or Entrance Exam |
Annual Fees |
Rs 5,000/- to 1,00,000/- per annum |
Average Salary |
Rs 4,80,000/- LPA |
Employment Sectors |
Sales Tax Department, Banking Sector, Indian Economic Services, Import/Export firms, Docks, Airports etc |
The candidates who meet the following eligibility criteria will be eligible to take admission in B.Com in Taxation and Finance.
In order to take admission in B.Com in Taxation and Finance course, the candidates need to pass 10+2 examination with minimum 50% marks from any recognized board of education or its equivalent qualification
In some colleges and universities candidates also need to appear for the admission test.
Note:- The eligibility criteria mentioned above can vary from one college to another.
Like any other undergraduate programme offered in the country, each educational institution will define an admission process and guidelines. In India, aspirants may be asked to participate in two distinct admission processes such as Merit-Based admissions and Entrance-based admissions. Check out the steps for different admissions processes for B.Com Taxation and Finance followed in India.
After applying for admission, the college/university will request each candidate to appear for a University-Level entrance test on a specified date and time.
Post attempting the entrance test, the concerned university and institute will release merit lists containing the names of all candidates along with their ranks and scores obtained in the entrance test.
Depending on the admission policy of the institute/college/university, candidates will be asked to partake in different selection processes.
Among the common selection processes, candidates may be asked to sit for a Personal Interview and/or a Group Discussion.
Based on the overall performance of the shortlisted candidates, the concerned educational institution will offer admissions to prospective students.
Here, candidates will be asked to participate in different selection processes after submitting their respective application forms.
As per the individual admission guidelines of the colleges, merit lists will be released containing the names of all candidates who have applied and have been shortlisted for further admission processes.
According to the ranks obtained by the candidates in the merit lists, they will be called to participate in the selection processes, which may include a Personal Interview and/or Group Discussion.
The overall performance of each candidate in the selection parameters, which include the past academic record and the personal interview and/or group discussion, will confirm their admission to the respective B.Com Taxation and Finance course in the concerned college.
Common under both Merit-based and Entrance-Based admissions, universities opt for counselling based admission in cases where there are a number of affiliated and constituent colleges under their ambit.
In Entrance-based admissions, after the respective merit lists have been released, candidates will be called in the order of their merit for the counselling rounds.
In merit-based admissions, the colleges will call applicants as per their merit, as listed in the respective merit lists.
In both scenarios, the candidates will be asked to sit for counselling rounds, where candidates will choose the college and course as per their choice.
The Universities/colleges will offer admissions to the prospective students based on the ranks/scores mentioned in the merit lists, the preferred choice of college and course along with the vacancy of seats in the individual choices.
Note: It is important to note that each college or educational institution will define its admission processes individually for B.Com Taxation and Finance course in India. Therefore, all aspirants are advised to go through the individual admission processes and guidelines prior to applying for admissions.
All those aspiring to pursue the 3-year undergraduate programme can expect to be charged an average course fee for B.Com in Taxation and Finance ranging anywhere between ?5,000 to ?5,00,000. As is the case usually, Government Colleges offering B.Com Taxation and Finance course are comparatively cheaper than that offered in Private B.Com Taxation and Finance Colleges in India.
The year-wise syllabus of B.Com in Taxation and Finance is as follows:
1st Year |
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Account Transactions |
Books of Accounts |
Business Statistics |
Capital Budgeting |
Central and Sale Taxes |
Custom law and procedures |
Employee management |
Communicative English |
2nd Year |
Employee Report preparation |
Employee state Insurance Act |
Excise and Custom laws |
Excise Registers |
Applied Economics |
Income Tax evaluation |
Income Tax act 1961 |
Inventory Management |
3rd Year |
E-Commerce |
Service Tax management |
Income distribution |
Payroll management |
Research and report presentation |
Viva-Voce |
Some of the popular job roles and employment areas that the candidates can choose after the completion of the respective course is as follows:
Employment Areas |
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Job Profiles |
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Salary |
In Between Rs 2,70,000/- to Rs 5,50,000/- |