Career in Taxation and Accounting – A Promising Future
The World has changed a lot lately. So has the field of business and
employment. Indian business houses have undergone a sea change in the
face of liberalization. They are more streamlined now in the face of
stiff competition, shedding all wasteful expenses and adopting a goal
oriented and focused approach. Global competition has forced several
large and medium business houses to readjust their old techniques of
business operations and look out for higher level of competence in
terms of quality and service. Clearly a time has come for ‘Survival of
In this highly competitive market, profitability is under tremendous
pressure for all business organizations. Business houses have realized
that if the resources are not managed properly, they cannot survive
any longer. The requirement for efficient resource management has
created a need for effective accounts management and taxation control.
These days, Accounts are considered as important as Sales, Marketing,
Production and R&D.
As a natural fall back, an ever growing need for efficient Accounts
personnel and proficient Tax Consultants has been created. It is a
well accepted fact now that every business house needs skillful people
with the knowledge of modern accounting procedures and current
In the State of West Bengal, at present the scope is enormous and
bound to increase steadily in the future. With the advent of Value
Added Tax (VAT) since April 2005, the imposition of Service Tax on 109
service sectors and a huge increase in the number of Income Tax
Payers, demand for knowledgeable Tax Consultants and
trained Accountants is already there.
Moreover, from April 2010, GST is due to be introduced in the State’s
Direct Taxing scenario. This will boost up the demand further.
Scope for Accountants and Tax Consultants is bound to increase