The 2-year postgraduate degree in taxation law (LLM) aims to provide a solid foundation of complex legal concepts of taxation that students can apply in their respective professional fields in India. The students get to grips with both the direct and indirect tax systems, along with topics concerning tax planning, international taxation, corporate taxation and legal battles surrounding taxes.
The curriculum covers core courses which have the tax principles sections, income tax, service tax, GST (Goods and services tax) and the tax planning and management using case studies. High level courses entail international taxation, double taxation to be avoided, tax incentives, tax havens, tax litigation & procedures. In addition to that students should pass a dissertation on an urgent research issue in tax law as well.
Step | Description |
---|---|
1 | Meet the eligibility requirements. |
2 | Take the LSAT or GRE (if required). |
3 | Research and select programs to which you want to apply. |
4 | Gather all required application materials, including transcripts, letters of recommendation, and a personal statement. |
5 | Submit your applications. |
6 | Wait for admission decisions. |
7 | Accept your offer of admission and register for classes. |
1. Get a (BA, BS, etc.) undergraduate degree from an approved college or university (generic accredited college or university where you can major in anything). Most colleges are of a tenure of 4 years.
2. Make an LSAT test the Law School Entrance Exam (LSAC). Taking application fees is a strategy used by most law schools for the consideration of admission. Study and prepare for the test thoroughly to score well in the test.
3. See to it that your application was perfected. The next step should be to apply to and get accepted by an accredited law school. The intake of the majority of students is 3 years of JD (Juris Doctor). The application for a master degree at a Bar covering university on the whole serves as a precondition for getting into one after getting into a top law school.
4. Be law school champions, especially in elective courses that build the tax class. You need taxation, business law, etc. that he already studies. Achievement of good grades is what will put you in the right way to the future LLM program.
5. Take all necessary steps to secure your JD and choose taxation and business law courses as best as you can. This is evidence that you have already chosen to narrow down your field of study to the tax law.
6. Once you obtain the JD degree, apply to master programs at law schools that specialize in taxation law. Number one schools are highly competitive, therefore it is necessary to have a strong record in the law school and JD classes. The scores are given were average as the scale was 7- 9.
7. I want to gain the necessary skills and knowledge for an LLM Tax Law program so that I can fully participate in it. Programs normally consist of a 1-year session for regular JD holders.
8. The LLM course is an integral part of your academics, acquire it with a specialization in the taxation law, including research.
9. Be a specialist in tax law with an LLM in Taxation Law, a degree which you will need to become a lawyer.
Taxation Law Knowledge Test: The evaluation covers both the knowledge of candidates in tax laws, regulations and their principles.
Legal Reasoning Exam: Examining candidates' capability of analyzing the intricacies of the legal issues related to taxation and of applying the applicable laws to practical scenarios.
Case Study Analysis: Running candidates on tax laws issue resolution through tax law case studies.
Writing Assessment: Evaluating of candidates' written skills through essay or legal note on taxation law by way of examples during their time in the course.
Syllabus | Details |
---|---|
Introduction to Taxation Law | This course provides an overview of the fundamental principles and concepts of taxation law, including the different types of taxes, the tax base, and tax rates. |
Direct Taxes | This course examines the law governing direct taxes, such as income tax and wealth tax. |
Indirect Taxes | This course studies the law governing indirect taxes, such as value-added tax (VAT) and customs duty. |
International Taxation | This course explores the law governing international taxation, such as double taxation treaties and transfer pricing. |
Tax Planning | This course examines the different tax planning techniques that can be used to reduce tax liability. |
Tax Compliance | This course studies the law governing tax compliance and the different procedures that must be followed by taxpayers. |
Tax Research | This course provides students with the skills and knowledge necessary to conduct research in taxation law. |
Tax Litigation | This course examines the law governing tax litigation and the procedures that must be followed by taxpayers who are disputing a tax assessment. |
Tax Policy | This course studies the different tax policy considerations that are taken into account when designing tax laws. |
Tabulated below is the collection of the Top 10 Private Master of Laws [L.L.M.] (Taxation Law) Colleges in India with Fee Structure, including their key features.
Name of the institute | Location | Fees |
---|---|---|
Mansarovar Global University | Bhopal, Madhya Pradesh | INR 200,000 |
Mansarovar Group of Institutions | Bhopal, Madhya Pradesh | INR 495,000 |
Alliance School of Law | Bangalore, Karnataka | INR 1,500,000 |
Amity Law School | New Delhi, Delhi NCR | INR 284,000 |
O.P. Jindal Global University, Jindal Global Law School | Sonepat, Haryana | INR 600,000 |
Jagran Lakecity University, School of Law | Bhopal, Madhya Pradesh | INR 375,000 |
ICFAI Foundation for Higher Education | Hyderabad, Telangana | INR 1,602,000 |
O.P. Jindal Global University | Sonepat, Haryana | INR 1,500,000 |
AP Goyal Shimla University | Shimla, Himachal Pradesh | INR 170,000 |
Alliance University | Bangalore, Karnataka | INR 2,000,000 |
Tabulated below is the collection of the Top Government Master of Laws [L.L.M.] (Taxation Law) Colleges in India with Fee Structure, including their key features.
Name of the institute | Location | Fees |
---|---|---|
The Tamil Nadu Dr. Ambedkar Law University, School of Excellence in Law | Chennai, Tamil Nadu | INR 69,620 |
Tamil Nadu Dr Ambedkar Law University | Chennai, Tamil Nadu | INR 69,620 |
Rajiv Gandhi School of Intellectual Property Law | Kharagpur, West Bengal | INR 163,900 |
The placement rate for LL.M. (Taxation Law) graduates is generally high. In 2022, the average placement rate for LL.M. (Taxation Law) graduates from top colleges in India was over 85%.
College | Average CTC (in INR) |
---|---|
National Law School of India University (NLSIU), Bangalore | ₹7.5 LPA |
Gujarat National Law University (GNLU), Gandhinagar | ₹7 LPA |
West Bengal National University of Juridical Sciences (NUJS), Kolkata | ₹6.5 LPA |
National University of Law (NALSAR), Hyderabad | ₹6 LPA |
National Law Institute University (NLIU), Bhopal | ₹5.5 LPA |
National Law School of India University (NALSAR), Visakhapatnam | ₹5 LPA |
Symbiosis Law School, Pune | ₹4.5 LPA |
Amity Law School, New Delhi | ₹4 LPA |
Jindal Global Law School, Sonipat | ₹3.5 LPA |
WUDSON School of Law, Raipur | ₹3 LPA |
Specialization | Average Salary (in INR) |
---|---|
Direct Taxation | ₹7.5 LPA |
Indirect Taxation | ₹7 LPA |
International Taxation | ₹6.5 LPA |
Tax Planning | ₹6 LPA |
Tax Compliance | ₹5.5 LPA |
Tax Litigation | ₹5 LPA |