PGP Tax Management - Course Overview

Duration: 1 yrs | Mode: Regular| Avg. Fees: 50 / Year

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About PGP Tax Management

An PGP in Tax Management or PGP in Taxation is a PG level degree that provides students with broad-based tax skills, along with the requisite management skill set to hold leadership positions in the field of taxation. Usually a 8-month to 1-year course, Distance – Learning PGP in Tax Management is also offered by some colleges. The duration for PGP in Tax Management distance learning is 2 years. You will also gain the ability to research and analyze the complex corporate taxation issues that are integral to this field of study. In addition to the required core taxation classes, students will also have the opportunity to enroll in electives that suit their interests. Students will also study areas such as ethics and law, as they pertain to taxation.

The main subjects that are taught under Tax Management include:
 

Income Tax

Sales Tax

VAT

Central Excise

Others

 


Taxation professionals like Accountants and Financial Advisors are the ideal candidates to study this course to enhance their career prospects. In fact, aspirants interested in the varied fields of Investment Banking are also suited to pursue this course.

Core Skills required to Pursue PGP in Taxation Management:

  • Quick thinking and Decision-Making
  • Critical Thinking
  • Strong Analytical Thinking & Logical Abilities
  • Material & Financial Resources Management
  • System Evaluation & Analysis
  • Listening Skills

PGP - Tax Management Eligiblity Criteria

  • Bachelor’s degree in any stream from a recognized Board/ University with a minimum of 50% marks
  • CA certified, CS certified and/ or ICWA qualified professionals can also apply for PGP in Tax Management
  • Qualifying marks of Management Entrance exams is mandatory for admission to some Tax Management colleges in India

     

Admission Process for Tax Management Colleges in India:

While some Taxation institutes in India conduct its own management entrance exams, some give direct admission on the basis of your graduation marks and following the below:

  • Online application form
  • Submission of fees

For admission to distance mode Tax Management PGP programme, a student has to follow the same process; just that availability of seats in these institutes is available on a first come first serve basis.

 

PGP - Tax Management Syllabus

The broad syllabus for PGP in Tax Management includes the following: 

Taxation Management

Structure, Taxable and Exempt Incomes, Set-offs

Income Tax

Taxation of Salaried Income

Taxation of Capital Gains

Tax Planning for Firms, HUFs and AOPs

Corporate Taxation

Tax Audit and Accounting for Income Tax

Wealth Tax and Other Direct Taxes

Direct Taxes Code

Service Tax

Tax Planning with Reference to Nature of Business

Tax Aspects of Operating and Financial Decisions

 

 


Semester-wise PGP Tax Management course break-up:

 

Part A

Part B

Income Tax

Central Excise Act 1944

Wealth Tax

Value Added Tax Act

Law Affecting Taxation

 

 

 

Part C

Part D

Book Keeping

Advanced Income Tax

Accountancy

Custom Act 1962

Management Accounting

Service Act

 

 

Part E

Part F

Central Sales Tax

Skill Building Activities via

State Minor Act

Compulsory Moots

Companies Act

Drafting Journals

Foreign Exchange Management Act

Field Visits

 

Projects

 

Viva

Popular Specializations of PGP - Tax Management

Career Options and Job Prospects

Tax Management has become crucial in today’s lives. With tax laws becoming more and more stringent in India and incorporation of Aadhar with every monetary aspect in India, career prospects in Tax Management & Taxation has reached a new high. With companies looking for legal ways to save taxes, portfolios of tax experts are most in-demand at present. Some of the top sought-after jobs after successful completion of PGP in Tax Management include:

  • Wealth Managers
  • Financial Advisors
  • Tax Consultants
  • Accountants

Depending on their PGP colleges for Tax Management, here is a projection of career prospects as:

  • Tax Consultant: Their main job is to furnish financial and tax-related advice to clients and skilled professionals can expect between Rs. 2 Lakhs and Rs. 7.5 Lakhs per annum approximately as starting salary.
  • Accountants: They can expect a starting salary between Rs. 3 Lakhs – Rs. 5 Lakhs per annum
  • Financial Advisors (FA): Essentially involved in drafting investment plans for clients, FA’s can expect a starting salary of Rs. 4 Lakh to Rs. 7 Lakhs approximately
  • Wealth Managers/ Assistant Wealth Managers: The starting salary of Assistants range between Rs. 3 Lakhs – Rs. 6 Lakhs