Description
Course Name: Advanced Diploma in Tax consultancy
Course Id: ADTC/Q1001.
Eligibility: Candidates need to have completed a Bachelor’s degree or equivalent.
Objective:
- To provide advanced knowledge of tax laws, taxation systems, and the role of tax consultants in both personal and corporate taxation.
- To develop practical skills in tax planning, tax filing, and tax optimization strategies for businesses and individuals.
- To train students in preparing and filing tax returns, understanding tax regulations, and helping clients minimize tax liabilities within the legal framework.
- To enhance the ability to provide expert advice on various aspects of taxation, including income tax, corporate tax, indirect taxes (such as VAT, GST), and international taxation.
Duration: 370 Hrs (Equivalent to One Year).
How You will Get Diploma Certificate:
Step 1- Select your Course for Certification.
Step 2- Click on Enroll Now.
Step 3- Proceed to Enroll Now.
Step 4- Fill Your Billing Details and Proceed to Pay.
Step 5- You Will be Redirected to Payment Gateway, Pay Course and Exam Fee by Following Options.
Card(Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.
Step 6- After Payment You will get Study Material Login id and Password on your email id.
Step 7- After Completion of Course Study give Online Examination.
Step 8- After Online Examination you will get Diploma Certificate soft copy(Scan Copy) and Hard Copy(Original With Seal and Sign).
Step 9- After Certification you will receive Prospect Job Opportunities as per your Interest Area.
Online Examination Detail:
- Duration- 120 minutes.
- No. of Questions- 60. (Multiple Choice Questions).
- 10 Questions from each module, each carry 10 marks.
- Maximum Marks- 600, Passing Marks- 40%.
- There is no negative marking in this module.
| How Students will be Graded: | ||
| S.No. | Marks | Grade |
| 1 | 91-100 | O (Outstanding) |
| 2 | 81-90 | A+ (Excellent) |
| 3 | 71-80 | A (Very Good) |
| 4 | 61-70 | B (Good) |
| 5 | 51-60 | C (Average) |
| 6 | 41-50 | P (Pass) |
| 7 | 0-40 | F (Fail) |
Benefits of Certification:
- Government Authorized Assessment Agency Certification.
- Certificate Valid for Lifetime.
- Lifetime Verification of Certificate.
- Free Job Assistance as per your Interest Area.
Syllabus
Income tax planning: Factors for tax planning, tax planning and corporate planning, tax planning in respect of employees’ remuneration, tax planning in respect of research and development, tax on distributed profits of domestic companies, bonus shares (capitalisation of reserve and surplus), tax aspects of amalgamation and merger, repair/ renewal or replacement of an asset, apeals & revision.
Tax deduction and source: Introduction, TDS: advantages and disadvantages, revenue significance of TDS, interest other than interest on securities, payments to contractors and sub-contractors, commission or brokerage relating to sale of goods, collection of tax from purchasers of specified goods.
Financial Accounting: Introduction, book-keeping and accounting, branches of accounting, meaning of accounting principles, systems of accounting, compound journal entry, relationship between journal and ledger, trial balance, importance of bank reconciliation statement, trading and profit & loss account, balance sheet.
Basis of GST: Analysis of four reports on GST processes, GST in India, supply chain and GST, report on returns, report on refunds, report on payment, getting corporate India GST-ready, basics indirect taxes, indirect tax implications on various transactions.
Budgeting: Introduction, objectives, meaning of budgeting, definition of budget and budgetary control, objectives of budgeting, advantages of budgeting, limitations of budgeting, essential of effective budgeting, establishing a budgeting system, classification of budgets.
Record Keeping: Introduction, importance of record keeping, parties interested and for what, what kinds of records should you keep.
Job Opportunities after completion of Advance Diploma in Tax consultancy course:
The Advanced Diploma in Tax Consultancy program equips graduates with in-depth knowledge of tax laws, tax planning, tax compliance, and various tax-related services. This program prepares individuals to guide businesses and individuals in managing their tax obligations, ensuring compliance with the law while optimizing tax liabilities.
Career Options After Completion of Advanced Diploma in Tax Consultancy
- Tax Consultant
- Role: Tax consultants provide expert advice on tax planning, tax-saving strategies, and compliance with local and international tax laws. They work closely with businesses and individuals to ensure they are paying the correct amount of tax and are compliant with tax regulations.
- Salary Range:
- Entry-Level: ₹4,00,000 – ₹6,00,000 per annum
- Mid-Level: ₹6,00,000 – ₹9,00,000 per annum
- Senior-Level: ₹9,00,000 – ₹12,00,000+ per annum
- Tax Manager
- Role: Tax Managers oversee tax departments within companies or consulting firms. They handle tax planning, ensure compliance with applicable tax laws, and may also manage tax audits and reporting. They play a key role in formulating tax strategies for businesses and individuals.
- Salary Range:
- Entry-Level: ₹5,00,000 – ₹7,00,000 per annum
- Mid-Level: ₹7,00,000 – ₹10,00,000 per annum
- Senior-Level: ₹10,00,000 – ₹15,00,000+ per annum
- Indirect Tax Consultant
- Role: These specialists focus on indirect taxes such as Goods and Services Tax (GST), Value Added Tax (VAT), customs duties, and excise taxes. They help businesses understand their indirect tax obligations and provide guidance on optimizing tax payments.
- Salary Range:
- Entry-Level: ₹4,50,000 – ₹6,00,000 per annum
- Mid-Level: ₹6,00,000 – ₹9,00,000 per annum
- Senior-Level: ₹9,00,000 – ₹12,00,000+ per annum
- Direct Tax Consultant
- Role: Direct tax consultants focus on taxes such as income tax, corporate tax, and wealth tax. They assist individuals and businesses in understanding their direct tax liabilities, tax deductions, exemptions, and filing tax returns.
- Salary Range:
- Entry-Level: ₹4,00,000 – ₹6,00,000 per annum
- Mid-Level: ₹6,00,000 – ₹8,00,000 per annum
- Senior-Level: ₹8,00,000 – ₹12,00,000+ per annum
- Tax Advisor for MNCs
- Role: Tax advisors for multinational companies (MNCs) help large companies navigate the complex global tax system. They manage international tax planning, ensure compliance with cross-border tax regulations, and provide strategic advice on minimizing tax liabilities in multiple jurisdictions.
- Salary Range:
- Entry-Level: ₹7,00,000 – ₹9,00,000 per annum
- Mid-Level: ₹9,00,000 – ₹12,00,000 per annum
- Senior-Level: ₹12,00,000 – ₹20,00,000+ per annum
- GST Consultant
- Role: GST consultants provide guidance on compliance with Goods and Services Tax (GST) regulations. They help businesses understand GST filing, returns, input tax credit, and GST audits.
- Salary Range:
- Entry-Level: ₹3,50,000 – ₹5,00,000 per annum
- Mid-Level: ₹5,00,000 – ₹8,00,000 per annum
- Senior-Level: ₹8,00,000 – ₹12,00,000+ per annum
- Corporate Tax Manager
- Role: A Corporate Tax Manager oversees a company’s tax compliance, manages tax filings, and coordinates audits. They ensure that a business is compliant with local, state, and international tax laws, and they often lead tax strategy development within a company.
- Salary Range:
- Entry-Level: ₹6,00,000 – ₹8,00,000 per annum
- Mid-Level: ₹8,00,000 – ₹12,00,000 per annum
- Senior-Level: ₹12,00,000 – ₹20,00,000+ per annum
- Tax Analyst
- Role: Tax analysts assist in analyzing tax data, preparing returns, and conducting research on tax regulations. They support senior tax consultants or tax managers in preparing reports and ensuring that taxes are filed in compliance with the law.
- Salary Range:
- Entry-Level: ₹3,50,000 – ₹5,00,000 per annum
- Mid-Level: ₹5,00,000 – ₹7,00,000 per annum
- Senior-Level: ₹7,00,000 – ₹10,00,000 per annum
- Tax Auditor
- Role: Tax auditors review and examine financial statements, business records, and tax returns to ensure tax filings are accurate. They often work with government agencies or accounting firms to identify discrepancies and prevent fraud or evasion.
- Salary Range:
- Entry-Level: ₹4,00,000 – ₹6,00,000 per annum
- Mid-Level: ₹6,00,000 – ₹9,00,000 per annum
- Senior-Level: ₹9,00,000 – ₹12,00,000+ per annum
- Taxation Specialist (Freelancer or Consultant)
- Role: Taxation specialists offer freelance or consultancy services, advising clients on tax planning, strategies for reducing tax burdens, and helping with tax audits. They often work with small businesses or individuals looking to optimize their taxes.
- Salary Range:
- Entry-Level: ₹4,00,000 – ₹6,00,000 per annum
- Mid-Level: ₹6,00,000 – ₹9,00,000 per annum
- Senior-Level: ₹9,00,000 – ₹12,00,000+ per annum
Skills Acquired During the Program
- Tax Laws and Regulations: In-depth knowledge of various tax laws including GST, income tax, corporate tax, international taxation, and more.
- Tax Planning and Compliance: Ability to assist clients with tax planning and ensure they are compliant with all necessary tax regulations.
- Accounting Skills: Proficiency in accounting principles as they relate to tax and financial statements.
- Tax Auditing: Skills in auditing financial records to ensure compliance and accuracy in tax filings.
- Communication: The ability to explain complex tax laws and regulations to clients in simple terms.
- Tax Filing: Understanding of various tax filing systems and deadlines.
- Software Proficiency: Knowledge of tax software, financial tools, and other IT systems used in tax consultancy.
Salary Overview in India
- Entry-Level: ₹3,50,000 – ₹6,00,000 per annum
- Mid-Level: ₹6,00,000 – ₹9,00,000 per annum
- Senior-Level: ₹9,00,000 – ₹20,00,000+ per annum (depending on experience and location)
Conclusion
Graduates of the Advanced Diploma in Tax Consultancy program are highly sought after due to the growing complexity of tax regulations and the need for businesses to stay compliant while optimizing tax liabilities. With the growing demand for tax professionals in both the public and private sectors, there is a wide range of career opportunities in this field, coupled with competitive salaries and growth prospects. The program offers strong potential for graduates to either work with established firms or start their own consultancy services.
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