LLM Taxation Law: Admission, Top Colleges, Syllabus, Scope, Jobs 2023

Masters in Law is a 2 year full time advance level post graduation program (divided in semester system) about legal studies that help students to select the branch of interest and gain specialization in that field of law which includes tax laws, international laws etc.

The aspiring students must have a minimum of 55% as an overall aggregate at bachelor’s level to be eligible to pursue masters in law. However, the merit score differs from one institute to another and students must know the criterias set by the college of choice.

Admission to this course is mainly done through the results obtained in the entrance exams such as CLAT PG, AILET PG, IPU CET etc conducted by various institutes. However, there are universities and institutions that grant admissions solely based on the marks obtained by students at the undergraduate level.

Some of the top colleges that offer LLM in Taxation Law are National Law School of India University (NLSIU), Bangalore, National Law University, New Delhi, Chandigarh University, Nalsar University of Law (NALSAR), Hyderabad, National Law University, Jaipur, The West Bengal National University of Juridical Sciences (NUJS), Kolkata, etc. The average fee of the program ranges from INR 1,80,000- INR 6,00,000.

See Also: LLM Taxation Laws Top Colleges

Throughout the course the students get the opportunity to enhances their legal expertise due to the variety of subjects included in the time span of 2 years, such as :

  • constitutional laws
  • insurance laws
  • family laws
  • corporate law & governance,
  • criminal law
  • entertainment law etc.

Graduates after obtaining a masters degree in law can work in government as well as the private sector as an advocate, legal consultant, lawyer, assistant professor etc.

The students pursuing masters in law courses also get on campus placements from some colleges. The companies providing recruitments are Khaitan & co., Luthra & Luthra, Platinum Partners, S&R Associates etc. They can earn a capricious amount of salary with an average amount of around INR 5 LPA- INR 10 LPA.

LLM in Taxation Law: Course Highlights 

Course Name Masters in Law, LLM
Course type Post graduation
Duration 2 years, Full time
Stream Law
Examination type Semester System
Eligibility Aggregate of 55% at Undergraduate level
Admission Process Entrance exam and based on counselling sessions and personal interview rounds
Average course INR 25,000-1,00,000
Average Salary INR 2 -6 LPA
Top Job Profiles Advocate, Legal consultant Lawyer Judge Magistrate Assistant Professor Immigration Consultant Corporate Legal Human Rights Lawyer RTI Activists
Top Recruiting Companies & Sectors ICICI Bank, LexisNexis, Archer Daniels Midland Company, Media and Publishing houses, Real estate, Insurance Companies, International Organizations like NGOs,UNICEF etc

LLM in Taxation Law: Eligibility Criteria 

  • To be eligible for the application in a program, a candidate must fulfill certain specific criteria set by various institutes.
  • The students must have a bachelor’s degree in Law or any equivalent degree from the government recognized institute or university with a minimum aggregate of 55%.
  • The candidates belonging to ST/SC/OBC/differently abled quota have a liberty of 5-10% for eligibility. Also, there is no age barrier and the candidates can apply for the course as per the choice.
Admission Process

LLM in Taxation Law: Admission Process

  • The admission process is mainly governed by the results obtained in state and national level entrance exams such as CLAT,BHU, LSAT, IPU CET, TS PGCLET followed by personal interviews for confirmation of admission.
  • The step where a student appears for aptitude tests, personal interviews plays a major role in the admission process too.
  • Some of the institutions grant admission based on the marks scored during bachelor’s degree. The students should check for specific requirements set by various institutes before securing confirmation of college.

LLM in Taxation Law: Entrance Exams 

Candidates who wish to pursue LLM courses should take the common Law Admission test (CLAT) or the alternate exam set by the law universities. Below is the list of entrance exam details.

Law Entrance Exams Registration Date Exam Date
CLAT  August 08 – November 13, 2022 December 18, 2022
AILET  September 07, 2022 onwards December 11, 2022
CUSAT CAT To be Announced To be Announced
LSAT  November 10, 2022 - January 11, 2023 January 22, 2023 (January Session)
Jun 8, 2023 to Jun 11, 2023(June Session)
TS LAWCET April 2023  – June 2023 July 2023
AP LAWCET 3rd week of March 2023 - 4th week of April 2023 4th week of May 2023
ILSAT To be Announced To be Announced
MHT CET March 2023  PCM- May 9, 10, 11, 12, 13, 2023
PCB- May 15, 16, 17, 18, 19, 20, 2023
SET SLAT December 15, 2022 - April 12, 2023 May 6, 2023 (Test 1 - 9 AM to 10 AM)  May 14, 2023 (Test 2 - 9 AM to 10 AM)
DU LLB Entrance Exam March 2023.- 3rd week of June 2023. 1st week of July 2023
PU LLB To be Announced To be Announced

LLM in Taxation Law: How to prepare for the Entrance Exams 

  • Getting proper references and study material:-

The students must be very cautious while selecting the source of reading. It is very important to be aware of the syllabus and which books cover it all. To be able to crack the entrance exam, students need not have to work hard by covering the ocean of syllabus rather in the competitive era, students must smartly choose the references that will help them pass the exams with flying colours.

  • Time Management:-

The core to success is management of what is available. With a properly structured schedule, students will be able to cover the course smoothly. Only by following the timetable, it is possible to complete the required syllabus with no necessity of leaving the important or not so important topics during the end time.

  • Grip in Mock test:-

Mocks tests are the actual trial of how the exam is going to be. It is highly recommended to inculcate a habit of taking as many mock tests as possible, because this practice can boast the confidence on a high scale, frame your ability to choose answers properly and train you to complete the exam on time.

  • Revision is the lifeboat:-

No matter how much the students read, without quality revision, all the sweat and blood applied goes in vain. It is extremely important to reread the topics time and again, only then the wholesome information will be retained in the brain. Always be determined to study and have circuit revision of the subjects covered. So, to have a habit of revision is mandatory.

  • Stay Confident and optimistic

The only factor that will decide whether the student is going to get a rank or not is with what mindset he/she sits in the exam. So, always be confident , stay hydrated and believe in yourself and your hard work.

LLM in Taxation Law: How to get Admission to a Good College?

To secure admission in any of the good colleges, the students must obtain marks above 80-85% in the national and state level entrance exams.

Other important points to focus up on are:-

  • The students must know the course, frequently asked questions, concept based and theory based questions, the difficulty level and how many questions to attempt to secure a high position in the exam.
  • Know your strengths and weaknesses, have ample no. of revisions to have a command over your subjects.
  • The students should not miss out on any of the important deadlines and dates such as application dates, registration dates, examination dates and results.
  • Students must also be familiar with the current trends asked in the exams by keeping themselves updated with newer edition books , articles published online etc.

Before taking admission in any of the college, it is advisable to check the ratings, its faculties, mode of teaching, course delivery, on campus placement opportunities, scholarships or any financial aid provided by the college.

Syllabus

LLM in Taxation Law: Syllabus

Below is the semester wise division of subjects covered during the 2 year program

Semester I Semester II
Constitutional Law 1 Constitutional law 2
Legal Theory 1 Legal theory 2
Research Methodology Law and Social Change

Specialization: - Labour Law (Selective)

Semester III Semester IV
Law related to Industrial Relation Law related to Industrial Injuries and Social Security
Law related to labour Welfare Law related to Service Regulation

Specialization; - Human Rights (Selective)

Semester III Semester IV
Human Rights International Refugee law and Humanitarian Law
Human Rights and Indian Legal System Science technology and Human Rights

LLM in Taxation Law: Important Books 

For Legal Theory

Books Author
Introduction to Jurisprudence Lloyd
Law in Making C.K. Allen

For Constitutional law

Books Author
Indian constitutional law P. Ishwara bhatt
Constitutional Assembly Debates D D Basu
Fundamental Rights and Directive Principles J.V.R. Krishna Iyer

For Law and Social Change

Books Author
Law and Social change Kuppuswamy
The Crisis of Indian Legal System Upendra Baxi
Law and Society in Modern India Marc Galenter
Top Colleges

LLM in Taxation Law: Top Colleges

Below are the details mentioned about the top colleges offering the law course in India

College Name Average Fees
National Law University, Delhi INR 1,40,000 LPA
NALSAR University INR 1,75,000- 4,00,000 LPA
The West Bengal National University of Juridical Sciences INR 1.30,00,000 LPA
Symbiosis Law School INR 1.5,00,000 LPA
Faculty of Jamia Millia Islamia University INR 1,30,000- 1,80,000 LPA
National Law University, Odisha INR 1.4,00,000 LPA
NLSIU Bangalore INR 65,000

LLM in Taxation Law: College Comparison

Symbiosis Law School Vs NALSAR University

Parameters Symbiosis Law School NALSAR University
Location Pune, Maharashtra Hyderabad, Telangana
Ownership Deemed to be University Deemed to be University
College Overview The Symbiosis School of law was established in 1977. It has campuses in Vimannagar, Pune and Noida. The university provides the platform for students to gain expertise in law. Also encourages the students in research and publication. NALSAR University is a national law university, established in 1998. 50 students are admitted through CLAT . Apart from being one of the top rank holding universities, it has a huge law library hub, publishes articles on a regular basis and quality research centers.
Admission Process Merit Based/ Entrance Exam Merit Based/ Entrance Exam
Average Salary Offered INR 5.5,00,000 LPA INR 8,00,000 LPA
Average Fees Structure INR 1.5,00,000 LPA INR 1,75,000 – 4,00,000 LPA
Course Comparison

LLM in Taxation Law: Course Comparison 

Since the field of law is closely related to the field of political science, below given is a detailed comparison between the two courses for the students to choose.

Masters in Law Vs Master of Education in Political Science

Parameter Masters in Law Master of Education in Political Science
Domain Law Political Science
Overview Masters in Law is a specialization course in the field of law, where the students are imparted in-depth expertise in any particular sector of law with thorough research and thesis based studies. Political science is a versatile field concerned with scientific understanding of the theories and practice of politics , it’s ideologies and behavior.
Eligibility The students must have a bachelor’s degree in Law or any equivalent degree from the government recognized institute or university with a minimum aggregate of 55%. The candidates must have completed graduation level course with a minimum of 50%
Duration 2 years 2 years
Average Salary Offered INR 5 LPA- INR 10 LPA INR 5 LPA - INR 7 LPA
Job Prospects

LLM in Taxation Law: Job Prospects and Career Options

Candidates after earning a masters degree in law invite better and superior packages job offers as compared to the ones with bachelor’s degrees.

LLM in Taxation Law: Job Profiles 

Below given is the glimpse of the various job profiles for the candidates with masters degree in law

Job Profiles Description Average Salary Packages
Lawyers The lawyer plays a crucial role in advising and presenting clients in courts, communicating with clients and the opponent parties, research and analytical study of the case involved in legal problems, personal problems or problems related to business etc. INR 7,00,000 LPA
Legal Consultants Legal Consultants are the experts of drafting legal documents, proposing solutions to the issues etc. A top notch legal consultant should have high command over communication, deadline meeting management skills and thorough with laws. INR 6,70,000 LPA
Legal Advisors The job profile and work distribution is the same as Legal Consultants. INR 20,00,000 LPA
Legal Writers/ Solicitors Legal Content Writers and editors frame study materials that are added in law school textbooks. INR 5,88,906 LPA
Future Scope

LLM in Taxation Law: Future Scopes 

Candidates with a masters degree in law state that they are equipped in one of the many legal sub branches. Pursuing a masters degree opens ample gateways in public and private sectors, providing excellent job opportunities.

The degree holds promising career avenues in legal sector because candidates with shear skills and astute knowledge are highly demanded in fields such as:-

  • Consultancies
  • Corporates
  • Courthouses
  • Finance
  • Law firms
  • Real Estate
FAQs

LLM in Taxation Law: FAQs

Ques. What is the duration of the course?

Ans. The duration of the course is 2 years that is held in the semester system.

Ques. Can one become a lawyer at the age of 35?

Ans. There is no age barrier or limit while applying for law school. However, most applicants are under 30, roughly 20%-30% are older.

Ques. What is the point of LLM?

Ans. LLM:- A step ahead in Legal World. LLM is created to expand Knowledge , have specialization in particular areas of law and gain more job oriented opportunities.

Ques. What is the salary of LLM?

Ans. The salary is different at entry level which is INR 7,00,000 and the graph goes higher as the candidate gains expertise, experience, skill and knowledge.

Ques. Which law course is the best?

Ans. The preferred law courses for the aspirants looking to jumpstart their career in the field of law are:-

  • Criminal Law
  • Business Law
  • Corporate law and Management
  • Cyber Law
  • Criminology
  • Human rights

Ques. Which lawyers earn the most in India?

Ans. The list of highest paying jobs in law streams are

  • Trial Lawyer
  • Intellectual lawyer
  • Tax Lawyer
  • Judges
  • Law School Professors
  • Law Firm Associate

Ques. What is the eligibility criteria to get admission in LLM?

Ans. To be eligible for the application in a program, a candidate must fulfill certain specific criteria set by various institutes

The students must have a bachelor’s degree in Law or any equivalent degree from the government recognized institute or university with a minimum aggregate of 55%.

The candidates belonging to ST/SC/OBC/differently abled quota have a liberty of 5-10% for eligibility. Also, there is no age barrier and the candidates can apply for the course as per the choice.

Ques. What is the admission process to get in LLM?

Ans. The admission process is mainly governed by the results obtained in state and national level entrance exams such as CLAT,BHU, LSAT, IPU CET, TS PGCLET followed by personal interviews for confirmation of admission.

The step where a student appears for aptitude tests, personal interviews plays a major role in the admission process too.

Some of the institutions grant admission based on the marks scored during bachelor’s degree. The students should check for specific requirements set by various institutes before securing confirmation of college.

Ques. What are the names of the companies where one can apply after completion of the degree?

Ans. Khaitan & co.,

  • Luthra & Luthra,
  • Platinum Partners,
  • S&R Associates etc.
  • ICICI Bank,
  • LexisNexis,
  • Archer Daniels Midland Company,
  • Media and Publishing houses,
  • Real estate,
  • Insurance Companies,
  • International Organizations like NGOs,UNICEF etc

Ques. what is the fullform of LLM?

Ans. LLM stands for Latin Legum Magister, which means Masters of Law.

Master of Laws [L.L.M.] (Taxation Law) : 3 answered questions

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Ques. What is the average package of NLSIU Bangalore after doing an LLM?

● Top Answer By Anurag Bindra on 13 Oct 21

Ans. As most of these LLM graduates start off on the academic side of things, the pay grade is equivalent to that mandated by the UGC for all institutions in all states. You can get a job role for an Assistant Professor or the likes.  However, this does not stand true for Private Institutes that hire LLM graduates. They most times than not, do not pay more than the government institutes. But it all depends on your personal choice and the kind of work environment you would like to be in.  You can always consult with the immediate batches to understand the current standings on the placement front. Connect with them one-to-one and you might get a better and clearer idea of what to expect. Read more
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Ques. How is the LLM program at Parul University, Vadodara?

● Top Answer By Nikhil Kankaria on 03 Nov 20

Ans. Parul University is one of the prestigious universities in western Gujarat providing major courses in the educational domain. It provides multidisciplinary courses that allow an individual to explore every aspect of practical courses provided. Masters in Law is one such program offered by the university to bring in more interest in various streams of law. It proves to give them an open forum for expressing opinions and learning at the same time. The details are as follows: Admission The university provides this course at INR 30000. It is a one year course and it accepts online application modes. The specializations offered are Criminal & Security Law, Environmental Law, Public Policy & Governance, Human Rights, Intellectual Rights, and International Law. Eligibility The candidate must have cleared 3 year LLB Programme after graduation or a 5-year Integrated Law Degree. Facilities Moot court facilities to nurture the practicality of the course. Legal Aid Clinic has been created to provide legal benefits to underprivileged classes. Interactive sessions with high court and supreme court judges. The university provides quite a large number of opportunities to its individuals to experience global options as well. The primary placements made are for the role: Public Prosecutor Company Secretary Attorney General Arbitrator Parul University can surely be a good option provided you are ready to align your goals with that of college. It has a track record of giving good placements in the field of law as it tries to facilitate a comprehensive understanding of the courses offered.  It gives them the option to explore parliamentary debates and contests while strategically imparting the needed practical acumen to the students. It’s definitely a worth course as it is affordable but it is from a top-notch institute.Read more
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Ques. How is LLM in Azim Premji University?

● Top Answer By Pravin Gaurav on 01 Feb 21

Ans. Azim Premji university is a private, non-profit institution with affiliation from UGC. It offers BA, MA, L.L.M, B.Sc. courses. A relative of mine who has been studying there has recommended the Institute based on its eligibility criteria, good placements and campus life.  Admission and eligibility criteria - To be eligible for admission, students are expected to have passed LLB courses of 3 year or 5 year duration followed by a written test and interview. The L.L.M course at Azim Premji university is lucrative for its course structure, which sets it apart from others.  A very significant part of the curriculum is the fieldwork component, which is a unique feature of APU. The fieldwork element plays a crucial role in providing a different perspective of the law, which students would have studied in theory. The typical structure of exams is also absent from the LLM course at APU. Instead, response papers are given to students with a deadline of 24 hours for submission of the paper. This new approach to the exam system at APU, helps the student to be more attentive towards the course curriculum, ensuring long term retention of the knowledge gained.The faculty of APU has been vouched for as one of the best, by many former students of the university, even considered better than other law schools of repute. Overall, APU is a very good university to do your LLM from. Everything at the university starting from campus life to placements will surely meet up to your expectations. This distinctive aspect of APU, makes it a different and a much better alternative to other universities following the traditional approach and also the National Law University(NLU).Read more
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