M.Com Finance and Taxation in Distance Education is a postgraduate degree program that provides students with an understanding of financial management and taxation. This program is designed for students who wish to pursue a career in finance and taxation, but are unable to attend regular classes due to various reasons. Here are some highlights of the program M.Com Taxation is a 2-year postgraduate study of topics related to the field of Taxation as well as Finance. The main structure of this course includes solving taxation problems, researching in tax literature and complete analytical reviews of tax returns. In M.Com Taxation studies, students are made to explore the ethical and legal obligations that must be followed in the system of taxation. The minimum eligibility criteria for candidates to get admission in M.Com Taxation is to be a holder of a BCom Degree with a minimum of 50% marks from a recognized university. Entrance Exams accepted for M.Com Taxation Courses admissions are CUCET, DUET, BHU PET, AUCET etc. Some universities also conduct Personal Interview (PI round) of shortlisted candidates based on their entrance scores.
Stream | Details |
Course | Master Of Commerce Finance And Taxation In Distance Education |
Eligibility | Graduation |
Type | Degree |
Duration | 2 Years |
Mode | Year |
The Eligibility Criteria for an M.Com (Master of Commerce) in Finance and Taxation through distance education can vary depending on the institution offering the program. However, here are the typical eligibility requirements that you may encounter Educational Qualification: Candidates must have completed a bachelor's degree in Commerce (B.Com) or an equivalent degree from a recognized university or institution. The bachelor's degree should typically be a minimum of three years in duration. Minimum Percentage of Marks: Some institutions may require candidates to have obtained a minimum percentage of marks in their bachelor's degree program to be eligible for admission to the M.Com in Finance and Taxation program. The required percentage may vary between institutions. Subject Requirements: While many M.Com programs do not have specific subject requirements, some institutions may prefer candidates with a background or coursework related to commerce, accounting, finance, taxation, or related fields.
The Admission Process for an M.Com (Master of Commerce) in Finance and Taxation through distance education typically involves several steps. Here's a general overview of the process Research Programs and Institutions: Begin by researching universities or colleges that offer M.Com programs in Finance and Taxation through distance education. Look for reputable institutions that offer accredited programs and specialize in finance and taxation studies. Check Eligibility Criteria: Ensure that you meet the eligibility criteria set by the institution offering the program. This typically includes having completed a bachelor's degree in Commerce (B.Com) or an equivalent degree from a recognized university or institution. Check if there are any specific requirements related to academic performance, work experience, or entrance exams. Obtain Application Form: Once you've identified the institution you want to apply to, obtain the application form. Most institutions provide application forms on their websites or through their admissions offices. Some may also offer online application options.
The most important tip for preparing for any MCom Taxation Entrance Examination is to start preparing at least months before the exam.
Starting to prepare 10 days or a week before the examination can do no good as you won’t be able to cover all the important topics needed to successfully pass the entrance exams.
Plan and prepare a timetable to study and cover the important topics. A book you can refer to while preparing for MCom Taxation Entrance Examination is R. Gupta’s Delhi University MCom Entrance Test Book which study’s portions from class 12 and B. Com.
The subjects dealt with in the book will be enough to cover the scope of the syllabus of MCom Taxation entrance examination. MCom Taxation exams are said to be relatively easier than other competitive exams.
The main idea behind MCom Taxation Entrance examinations for admissions is to know how much each candidate knows about Commerce and its related subject. So, any passionate BCom graduates who know the subjects well can do well in the entrance examinations.
If you are a BCom graduate who is unsure of which subject to take for MCom, Master of Commerce in taxation is a very good choice. Taking MCom taxation as your course for post-graduation offers a great syllabus which would seem very interesting for any passionate student.
Moreover, the job opportunities for a graduate in MCom Taxation is huge and offers desirable pay scales. This Master of Commerce postgraduate course is the best to prepare students to acquire professional qualifications in taxation, finance and accounting.
The course is the best to give the students a solid base in the field of taxation, accounting and finance, the dream of any passionate BCom graduate. A good base and knowledge in these fields also help students acquire the qualities of leadership and managerial roles in the financial sector.
A student who took MCom Taxation as their main subject for post-graduation can get a thorough knowledge about the latest tax concepts, practices and laws. The field of finance, accounting and taxation are something that demands analytical and communicational skills and this post-graduation course helps the students develop these skills well, thus preparing them for a promising future.
As mentioned earlier, the job opportunities for a post-graduate in MCom Taxation are amazing. There are jobs available in both public and private sectors including business offices, Taxation Department, Public Relation Office, Marketing Companies, Investment Companies, Banking Sector, etc.
The selection criteria for an M.Com (Master of Commerce) in Finance and Taxation through distance education programs can vary between institutions. However, here are some common factors that may be considered during the selection process Academic Performance: The candidate's academic performance in their undergraduate studies is often a significant factor. Institutions may consider the candidate's overall GPA or percentage of marks obtained in their bachelor's degree program. Relevance of Previous Education: Institutions may give preference to candidates who have completed their bachelor's degree in Commerce (B.Com) or a related field. A background in accounting, finance, taxation, or business studies may be considered advantageous. Work Experience: Some institutions may value candidates with relevant work experience in finance, accounting, taxation, or related fields. The duration and relevance of work experience may vary between institutions. Entrance Exam Performance (if applicable): Depending on the institution, candidates may be required to appear for an entrance exam as part of the admission process. The entrance exam may assess the candidate's aptitude in areas such as quantitative aptitude, verbal ability, logical reasoning, and general awareness.
To apply for an M.Com (Master of Commerce) in Finance and Taxation through distance education, you typically follow these steps Research Programs and Institutions: Begin by researching universities or colleges that offer M.Com programs in Finance and Taxation through distance education. Look for reputable institutions that offer accredited programs and specialize in finance and taxation studies. Check Eligibility Criteria: Ensure that you meet the eligibility criteria set by the institution offering the program. This typically includes having completed a bachelor's degree in Commerce (B.Com) or an equivalent degree from a recognized university or institution. Check if there are any specific requirements related to academic performance, work experience, or entrance exams. Obtain Application Form: Once you've identified the institution you want to apply to, obtain the application form. Most institutions provide application forms on their websites or through their admissions offices. Some may also offer online application options.
Semester I |
Law of Direct Taxes and Practices - Income Tax Paper I and Paper II |
Basic Concepts, Definitions and Charge of Income Tax Act (Section 1 to 4) |
Scope of total income and Residential Status (Section 5 to 9) |
Income from Salaries and House Property (Section 15 to 27) |
Tax payment liabilities in certain cases |
Gross Total Income Computation |
Rebates and Double Taxation Relief |
Assessments, Registration, Returns Recovery of Tax Refund |
Tax Authorities and Tribunal |
Semester II |
Law of Direct Taxes and Practices - Income Tax Paper III and IV |
Advance Payment of Tax (Section 207 to 219) |
Return of Income and Assessment (Section 139 to 158) |
Customs Act, 1962 and Customs Tariff Act, 1975 |
Special Features of Indirect Taxes |
Wealth Tax Act |
Rules and Central Excise Tariff Act, 1985 |
Excise law, Excise Liability and Excisable Goods |
Valuation under Central Excise Act |
Service Tax, Payment of service tax and registration (Section 68 & 69) |
Central Sales Tax Act |
Graduates of M.Com Finance and Taxation in Distance Education can find employment opportunities in various fields, such as banking, finance, accounting, taxation, and investment. Some popular job roles for M.Com Finance and Taxation graduates include financial analyst, tax consultant, investment banker, and accountant.
The salary of M.Com Finance and Taxation graduates varies based on their job role, experience, and the industry they work in. On average, the starting salary for M.Com Finance and Taxation graduates is between INR 3-5 lakh per annum.
Overall, pursuing an M.Com Finance and Taxation in Distance Education program can provide students with the knowledge and skills required for a successful career in finance and taxation.
M.COM FINANCE AND TAXATION IN DISTANCE EDUCATION is a postgraduate Finance course. It is two years span program or the course covers the investigation of standards of money, monetary arranging, bookkeeping and financial hypothesis alongside a particular spotlight on Taxation which is named as a procedure of forcing budgetary (charge) on the residents who acquire 'assessable' pay. At the end of the day, M.Com. (Money and Taxation) is a degree program in which, aside from a general course study in Commerce, the essential spotlight is on the deliberate investigation of the ideas in the particular subjects and themes identified with the fields of Finance and Taxation and covers a wide range of duties including Income charge, Sales Tax, VAT, Service charge, Property charge, and so forth and Tax laws and guidelines.