Information You Need To Know to Become an Income Tax Officer!

film director

Income Tax Officers are also known as the 'Police of Taxation' and are considered as the supervisors of the defaulters. We tend to forget the fact that paying taxes is regarded as a civic duty towards the growth and development of the country. Are you excited and curious about the process of becoming an income tax officer? Then, you are in the right place because we have accumulated all the necessary information to help you build a thriving career as an Income Tax Officer.

Eligibility Criteria and Higher Studies

Aspiring candidates must hold a bachelor's degree in any stream or B.com. They should have attained the age of 18 years and must not be above 27 years of age. The upper age limit is relaxed by three years for Other Backward Caste (OBC) candidates.

Curriculum and Core Subjects

Some of the subjects studied are:

BCom Semester I Syllabus

Financial Accounting Generic Elective courses like, Principles of Micro Economics or New Venture Planning, etc.
Business Organisation and Management Environmental Studies

BCom Semester II Syllabus

Language: English/Hindi/Modern Indian Language Business Laws
Generic Elective course like, Principles of Macro Economics or Economics of Regulation of Domestic and Foreign Exchange Markets Business Mathematics and Statistics

BCom Semester III Syllabus

Company Law Income Tax Laws
Discipline Specific Elective course like Indian Economy or Financial Markets and Institutions, etc. Skill Based elective like Banking and Insurance or Financial Analysis and Reporting

BCom Semester IV Syllabus

Indirect Tax Laws Corporate Accounting
Discipline Specific Elective course like Human Resource Management or Industrial Laws Skill Based Elective course like E-Commerce or Investing in Stock Markets

Bcom Semester V Syllabus

Auditing and Corporate Governance Cost Accounting
Discipline Specific Elective course like ) Principles of Marketing or Training and Development, etc Skill Based Elective course like Computer Applications in Business or Advertising, etc.

Bcom Semester VI Syllabus

Fundamentals of Financial Management Business Communication
Discipline Specific Elective course like, International Business, Consumer Affairs and Customer Care, Organisational Behaviour, Entrepreneurship and Small Business, Office Management and Secretarial Practice, Corporate Tax Planning, Fundamentals of Investment, Management Accounting Skill Based Elective course like Personal Selling and Salesmanship or Cyber Crimes and Laws, etc.

Careers Related to the Field are:

Some of the careers related to the field are:
  1. Tax Manager
  2. Tax Accountant
  3. Tax Analyst
  4. Tax Specialist
  5. Certified Public Accountant
  6. Tax Consultant
  7. Tax Preparer
  8. Compensation Coordinator

Salary 

According to the current pay scales, an Income Tax Officer can earn a salary ranging from Rs. 5 lakh to Rs. Rs. 7 lakh per annum.

Top Universities

Some of the top universities and colleges are:
  1. Symbiosis Law School, Pune 
  2. Osmania University, Hyderabad
  3. Sikkim Manipal University, Gangtok 
  4. Chandigarh University, Chandigarh
  5. Finplan International Institute of Management, Mumbai
  6. Dr. V N Bedekar Institute of Management Studies, Thane (Maharashtra)

LEAVE A REPLY

Please enter your comment!

Post Comment