B.Com

Yes, its subjects are similar to MBA but I can say that it is better than MBA.

Dear Pradyuman,
As a career adviser, I can't say one course is better than the other. Both courses have its own merits.
B.Com and BBA are courses with similar subjects. Both are related with business / commerce. B.Com is a traditional course where as BBA is new age course.
There are lot of employment opportunities in Finance, Accounting, Sales, Marketing , Banking , Insurance etc. B Com (Taxation) graduates can practice independently as Tax Practitioner.

Dear,
According to me, you should invest your money for MBA in Australia and do your Bachelor's degree as B.Com (Honors), economics (Honors) or BBA from India.
All the Best

Hello Pranay,
I feel both courses are okay. But, I would advise you to prefer B.Com followed by some course in finance and I am sure this will take you far in your life.

Hello Amartya,
I feel hotel management has tremendous scope in times to come in India. With industry and population booming, presently there is acute shortage of professionals in this field. There's a great scope in future.

Yes, in all likelihood, B.Com is headed towards an entrance exam.
The modalities are still being worked out as how it is going to be conducted and what will be the syllabus of the entrance.

Generally, the college is decided on basis of the cut-off. You would need to be clear on the percentage in 12th to be able to select. However mostly, DU, BHU and IP university are preferred.
You can refer top the link for college ranking:
https://www.shiksha.com/accounting-commerce/ranking/top-commerce-colleges-in-india/97-2-0-0-0

If you know basics of programming then you can go for different courses in IT like C , C+ , JAVA, .NET, etc. programming languages. Other many opportunities are available or join a course you are interested in. It may start your career in IT sector.