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What is the scope of LLB in taxation field?

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What is the scope of LLB in taxation field?

So, if you pursue BCom LLB with specialisation in Taxation Laws, you would essentially become an Income Tax Lawyer. You would have sound knowledge of the issues and cases related to tax – and you can work across multiple domains and sectors to provide legal counsel.

How can I become a tax consultant after LLB?

To be eligible for a postgraduate programme in Tax Law, an aspirant is required to have completed an LLB or its equivalent degree. Candidates who have completed a 5-year long integrated law course shall also be considered eligible for admission to the PG Diploma or LL. M course in Tax Law.

Is LLB worth in India?

There are ample career opportunities in India after completing LLB. LLB graduates can enter three major organs of the Government— Legislature, Executive and Judiciary. Perhaps, LLB opens the door to a wide set of opportunities that cannot be boasted by other career options.

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What is the salary of tax lawyer?

Tier I law firms pay 10-17 lakhs per annum for a fresh graduate, and if a fresher can glorify him in the firm, salary may range from 80 lakhs to 1 Crore. Every law student should learn from a tax lawyer to gain some experience, as it is quite challenging to understand taxation right after graduation.

Is tax law a good field?

Because tax law is always changing, it can be an especially exciting field to practice in. As tax lawyers progress through their careers, they can also develop even more specialized expertise within certain areas of tax law, such as M&A (mergers and acquisitions) and financial products.

What is the salary of tax consultant in India?

How to Calculate Taxable Income on Salary?

Net Income Income Tax Rate
Up to Rs.2.5 lakhs Nil
Rs.2.5 lakhs to Rs.5 lakhs 5\% of (Total income – Rs.2.5 lakhs)
Rs.5 lakhs to Rs.10 lakhs Rs.25,000 + 20\% of (Total income – Rs.5 lakhs)
Above Rs.10 lakhs Rs.1,12,500 + 30\% of (Total income – Rs.10 lakhs)
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Is tax law a good career?

Imagine: being a lawyer with less stress, more flexibility, and lots of other benefits. This could be your life if you study tax law. In fact, tax lawyers report being the most satisfied with their jobs compared to all other practice areas.

Is Tax Law in demand?

There’s a constant demand for tax law expertise, and your services will definitely be relevant all year round. (You may even be busier than your law school peers in litigation or other transactional work!) Plus, with tax reform a perennially hot political topic, the field is likely to experience even higher demand.

Are tax lawyers happy?

According to data collected from Vault’s 2014 Law Firm Associate Survey, a survey of nearly 17,000 associates from over 150 large and mid-sized law firms, out of the 20 practice areas surveyed, tax lawyers are the most satisfied with their jobs. …

How many LLB jobs are there in the UK 2021?

Apply 2,479 LLB Job vacancies 2021-22 Graduates – Fresherslive Freshers LLB Govt Jobs 2020. Latest LLB Job Vacancies on 06 September 2021

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What is LLB 2019 notification?

LLB 2019 notification regarding central and state companies & its jobs vacancies across various sectors like Banking, Defence, Railway jobs, Teaching, College, Financial Institutions, Universities & Schools, SSC, UPSC, Agriculture Jobs and many more.

What can you do with an LLB degree?

An LLB degree equips you to analyse any sort of problem and to assess the available options and it teaches you about a society’s rules and aspirations, in both the Public and Commercial sectors. Becoming an Attorney is only one of many options that a law graduate has; many LLB graduates do become attorneys or advocates,