Importance of Certification in Business Account and Taxation
There has been sweeping reforms in the field of Taxation. One should know taxation in depth to become a Tax advocate or Tax consultant. One must possess comprehensive knowledge of Direct Taxes, Indirect Taxes and regulatory aspects. The Diploma in Taxation provides with an in-depth knowledge of taxation covering both direct and indirect taxation. Direct Taxation comprises of Income Tax Act and Indirect Taxation comprises of Sales tax, VAT, Service Tax and Excise. Diploma in Taxation is a certificate level course. Taxation is a process of levying a financial charge upon a tax payer whether an individual or legal entity by a state. The minimum time to complete the course depends from Institute to Institute. This course may be offered by certain institutes on part time basis or online courses. The course is career oriented one that opens many job scopes for the students after its successful completion. The basic eligibility for diploma in taxation is 10+2 pass out. But most students