Taxation

If you are looking for a computer course, I would suggest you to pursue Business accounting and taxation course as it has good scope. The details of course are as follows:
A. Business Accounting and Taxation.
Module I: Finance and Accounts (70 Hours).
1. Reviewing Accounting Concepts.
2. Preparation of Chart of Accounts.
3. Sales and Accounts Receivables.
4. Purchases and Accounts Payables.
5. Debit Notes and Credit Notes.
6. Expenses and Expense Payables.
7. Bank Reconciliation Statements.
8. Accounting for Stock.
9. Accounting for Fixed Assets.
10. Bab debt adjustment.
11. Journal Entries.
12. Financial: Closing/Adjustment Entries including Provisions.
13. Trial Balance
B. Preparation of Financial Statements
Module II: Taxation - Indirect (40 Hours).
1. Introduction to Service Tax.
2. Computation of Service Tax – Output.
3. Computation of Service Tax – Input.
4. Payment of Service Tax.
5. Filing of Service Tax Return.
6. Concept of Value Added Tax (VAT) and CST.
7. Computation of VAT and CST Liability.
8. Payment of VAT and CST.
9. Filing of VAT and CST Return.
10. Central Excise Computation.
11. Documentation on Excise.
12. Computation of Excise Liability.
13. Payment of Excise Duty.
C. Filing of Excise Return
Module III: Taxation: Direct (40 Hours)
1. Income Tax Calculation.
2. Provision for Income Taxes.
3. Payment of Income Tax.
4. Preparation and Filing of Income tax Return.
5. Provisions and Computation of TDS.
6. Electronic payment of TDS and Taxes.
7. Electronic Filing of TDS Return.
8. TDS justification Reports.
D. Downloading of TDS Certificate
Module IV: Payroll (20 Hours)
1. EPF computation.
2. Payment of EPF liability.
3. Filing of PF Return.
4. ESIC computation.
5. Payment of ESIC liability.
6. Filing of ESIC Return.
7. Professional Tax computation.
8. Payment of Professional Tax liability.
9. Filing of Profession Tax Return
Note: Tally ERP 9 will be used as Accounting Software for Module I - Module 4
E. Module V: SAP Modules (40 Hours)
1. Material Management.
2. Sales and Distribution
F. Module VI: Quick Book (10 Hours)
1. Understand QuickBooks' Features and Benefits.
2. Assignments Using QuickBook Online Accounting Software.
3. Performing Everyday Tasks like Invoicing, Bookkeeping and Billing in Quickbook.
4. Creating and managing Invoices.
G. Module VII: IT Proficiency and MIS Reporting (15 Hours)
H. Module VIII: Career Orientation (15 Hours)
All the best.

Hi Jassi,
The first and foremost thing that you must do if you will establish a tax consulting firm is to learn the taxation and tax consulting operations. There are many institutions offering taxation's degree as well as Master's degree programs not only for the tax consulting operations but also for the improvement of taxation systems in the different government as well as private agencies. The program generally aims for a student to have a thorough understanding of tax system and tax law and more. Just search for a good school that offers taxation course and understand the complexity of taxation and you can understand how the business will work.
One of the most popular career and business for taxation is tax consulting or the tax consultancy firm. This business can earn you money as well as help taxpayers settle their liabilities or difficulties in taxation. You just need money to invest and buy the needed tools and equipment as well as rent space for your office and knowledge of taxation even as a whole to put up this kind of business and you are ready to go on rolling.
Hope it helps. Please feel free to revert. Click on the thumbs up if you found this useful.
Wish You Luck!

Hi Jeenu,
These are the courses offered in Taxation in India:
1. Diploma in Accounting and Taxation.
2. Diploma in Service Tax.
3. Diploma in Taxation Law.
4. Advanced Diploma in Taxation.
5. Bachelor of Commerce in Taxation.
6. Bachelor of Commerce in Tax Procedure and Practices.
7. Master of Commerce in Finance and Taxation.
8. Master of Commerce in Accounting and Taxation
9. Post Graduate Diploma in Taxation.
10. Post Graduate Diploma in Tax Management and Tax Administration.
A. Job Prospects:
There are multiple job opportunities in this field. Depending upon individuals academic background along with working experience in taxation, employ can be found in all corners of the globe. Graduates in this field can seek employment in government and private sectors. Professionals can join any organization as:
1. Tax Recruiter.
2. Tax Policy Analyst.
3. Tax Advisor.
4. Revenue Agents.
5. Tax Examiners.
6. Tax Manager.
7. Tax Accountant and
8. Tax Collectors.
Professionals in this career can also opt for teaching jobs in Universities and Colleges. They can also work separately as a consultant. The key role of any Tax Consultant must be to make maximum use of all of his/ her technical knowledge for the betterment of the company he/she is working for.
B. Some Job Titles:
1. Accountant.
2. Revenue Agent.
3. Marketing Manager.
4. Financial Analyst.
5. Tax Policy Analyst.
6. Tax Attorney Specialist.
7. Employment Tax Specialist.
8. Personal Finance Consultant
C. Remuneration:
Taxation is one of highly rewarding field. Professional's income mostly depends upon their qualifications and experience. For those who want to pursue a career in taxation, their initial salary starts from Rs.20, 0000- Rs.50, 0000 per annum.
Feel free to raise more questions.
Appreciate by giving it thumbs up or marking as best.
All the Best.

Hi Farheen,
The first and foremost thing that you must do if you will establish a Tax consulting firm is to learn the Taxation and Tax consulting operations. There are many Institutions offering taxation's degree as well as Master's degree programs not only for the Tax Consulting operations but also for the improvement of taxation systems in the different government as well as private agencies.
The program generally aims for a student to have a thorough understanding of tax system and tax law and more. Just search for a good school that offers taxation course and understand the complexity of taxation and you can understand how the business will work.
One of the most popular career and business for taxation is Tax Consulting or the tax consultancy firm. This business can earn you money as well as help taxpayers settle their liabilities or difficulties in taxation. You just need money to invest and buy the needed tools and equipment as well as rent space for your office and knowledge of taxation even as a whole to put up this kind of business and you are ready to go on rolling.
Feel free to raise more questions.
Appreciate by giving it thumbs up or marking as best.
All the Best.