Accounting & Commerce
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New answer posted
a year agoContributor-Level 10
Students can employ various methods to stay updated with new developments and amendments in taxation laws and regulations:
Government Websites and Publications: Regularly visit official government websites such as the Ministry of Finance or the Income Tax Department for updates on tax laws, circulars, notifications, and amendments.
Professional Tax Journals and Magazines: Subscribe to reputable tax journals and magazines that publish articles, analyses, and updates on tax-related topics.
Online Courses and Webinars: Enroll in online courses, webinars, and workshops offered by professional organizations, universities, and reputable p
New answer posted
a year agoContributor-Level 10
Becoming a taxation expert without pursuing a Chartered Accountancy qualification is possible through alternative educational paths and practical experience.
Candidates can start by obtaining a Diploma or degree in Taxation, Accounting, or Finance from a recognised institution. Supplement this with specialised certifications such as a Certified Tax Professional (CTP) or Enrolled Agent (EA).
Gain practical experience by working in tax-related roles, such as in accounting firms, corporate tax departments, or government tax agencies.
New answer posted
a year agoContributor-Level 10
The eligibility criteria for ASM IMCOST BCom course admission includes qualifying the Class 12 from CBSE 12th, Maharashtra HSC and other recognised boards of education. Additionally, candidates should have studied Class 12 from the Commerce stream and secure at least an aggregate of 50%. ASM Institute of Management and Computer Studies also accept the entrance scores for admissions.
New answer posted
a year agoContributor-Level 10
Diploma in Taxation students often face several challenges, but these can be effectively managed with the right strategies:
Particulars | Challenge | Strategy |
|---|---|---|
Complexity of Tax Laws | Tax laws are intricate and constantly evolving, making it difficult for students to keep up with the latest regulations and understand the nuances. | Regularly review updates from reliable sources like government websites, attend seminars, and participate in workshops to stay informed about new laws and amendments. |
Balancing Theory and Practice | Students may struggle to apply theoretical knowledge to practical scenarios, which is crucial for their future careers. | Engage in internships, part-time jobs, or volunteer opportunities in tax-related roles to gain hands-on experience. |
Time Management | Managing coursework, assignments, and personal commitments can be overwhelming. | Develop strong time management skills by creating a study schedule, setting priorities, and breaking down tasks into manageable chunks. |
Understanding Technical Terminology | The field of taxation involves a lot of technical jargon that can be confusing for beginners. | Build a glossary of key terms and concepts, and regularly review them. |
New answer posted
a year agoContributor-Level 10
For a commerce graduate who wants to specialise in direct and indirect tax laws, regulations, and related procedures, a Diploma in taxation is certainly helpful. These Diploma programmes assist in gaining information and skills relevant to a certain profession in order to improve employability.
One can work as a tax consultant for chartered accounting firms, accounting/consultancy firms, or start their own advisory/consulting business. Employers who are hiring executives for positions in the finance and accounting departments—especially big businesses—give consideration to Diploma certifications in matters pertaining to taxe
New answer posted
a year agoContributor-Level 10
No, one cannot do Class 12 and the Diploma in Taxation together. According to the eligibility criteria, to pursue the Diploma in Taxation course, candidates must pass Class 12. Only then they will be allowed to enroll for the Diploma in Taxation course.
New answer posted
a year agoContributor-Level 10
A Diploma in Taxation course is definitely be a strategic choice for persons seeking specialised knowledge in the highly complex and vast nature of tax laws and rules. Diploma in Taxation course imparts complete knowledge concerning direct and indirect taxes and thus helps the students to develop a positive approach towards tackling changes in the taxation field.
Diploma in Taxation course also opens up wide career options which shall range from corporate tax departments to tax advisory firms and government agencies. Moreover, with the growing importance of tax compliance in any business, a Diploma in taxation is an excellent way
New answer posted
a year agoContributor-Level 10
Vijayanagara Sri Krishnadevaraya University has not released the official placement report for 2024 yet. Thus, in the absence of official data, tabulated below is the placement data based on the student reviews on Shiksha:
Particulars | Statistics |
|---|---|
Placement rate | 60-70% |
Average package | INR 3-4 LPA |
Top recruiters | Deloitte, TCS, and Wipro |
Moreover, the reviews also suggest that many students opt to pursue post-graduation to enhance their skills and get better-paying opportunities.
New answer posted
a year agoContributor-Level 10
Both the BCom and BBA LLB are excellent programs with benefits and drawbacks of their own. The course that is perfect for you will rely on your unique interests and objectives. BBA LLB is a fantastic choice if a legal career is something you're interested in. Your degree in both business and law will offer you an advantage in the employment market.
BCom might be a better choice, though, if you are unsure of whether you want to follow a legal career. If candidate decide that law is not for him/her, it will be simpler to alter the mind because BCom is a shorter course and less expensive.
New answer posted
a year agoContributor-Level 10
Dr Bhim Rao Ambedkar College (BRAC) and Deshbandhu College are popular among BCom aspirants in Delhi. As the colleges are affiliated with the University of Delhi, the curriculum, course structure and admission process for both the colleges is the same. Before selecting a college for BCom admission, candidates can refer to the following table of comparison:
| Basis of Comparison | BCom at BRAC | BCom at Deshbandhu College |
|---|---|---|
| Tuition Fees* | INR 40,360 - INR 43,660 | INR 2,300 |
| Median Package (UG 3-year) | INR 5 LPA | INR 4.2 LPA |
| hiksha Rating** | 3.9/5 | 3.8/5 |
*The mentioned fee has been sourced from the official websites of the institutes/sanctioning bodies. It is still subject to change and hence, is indicative.
**Shiksha rating is the average rating given by BRAC's BCom students on Shiksha.com and is based on the factors like Placements,
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