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Nayagam P

Nayagam P P  |11457 Answers  |Ask -

Career Counsellor - Answered on Jul 28, 2025

Nayagam is a certified career counsellor and the founder of EduJob360.
He started his career as an HR professional and has over 10 years of experience in tutoring and mentoring students from Classes 8 to 12, helping them choose the right stream, course and college/university.
He also counsels students on how to prepare for entrance exams for getting admission into reputed universities /colleges for their graduate/postgraduate courses.
He has guided both fresh graduates and experienced professionals on how to write a resume, how to prepare for job interviews and how to negotiate their salary when joining a new job.
Nayagam has published an eBook, Professional Resume Writing Without Googling.
He has a postgraduate degree in human resources from Bhartiya Vidya Bhavan, Delhi, a postgraduate diploma in labour law from Madras University, a postgraduate diploma in school counselling from Symbiosis, Pune, and a certification in child psychology from Counsel India.
He has also completed his master’s degree in career counselling from ICCC-Mindler and Counsel, India.
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Asked by Anonymous - Jul 27, 2025Hindi
Career

UIET mechanical or SLIET Mechanical engineering

Ans: A close comparison of UIET Chandigarh and SLIET Longowal for Mechanical Engineering highlights strong merits in both institutions across accreditation, placements, faculty, infrastructure, and industry links. UIET, affiliated to Panjab University and NBA-accredited, reports an overall 78.4% placement rate with 33–46 mechanical placements per year and average packages around ?8.7LPA, facilitated by a well-regarded Training & Placement Cell and industry ties with L&T, JSW, and Mahindra. UIET's mechanical wing offers modern labs, a variety of specialized workshops, regular internships, and a curriculum aligned with evolving industry needs, while faculty is experienced and the campus is centrally located, supporting active research and innovation. SLIET’s Mechanical Engineering program is also NBA-accredited, features a sprawling 451-acre campus, and boasts about a 70–77% overall placement record in recent years, with key recruiters like L&T, TCS, and Amazon. SLIET’s infrastructure includes advanced workshops, a large faculty pool involved in contemporary research, and strong industrial training integrated into the curriculum, supplemented by exposure through conferences and sponsored projects. Both campuses provide robust student support and industry engagement.

Recommendation: UIET Chandigarh is the preferable option for Mechanical Engineering, given its higher national ranking, slightly better recent placement statistics, convenient location, and strong corporate connections, while SLIET remains a robust alternative if you value a research-oriented environment and an expansive residential campus experience. All the BEST for a Prosperous Future!

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Latest Questions
Ramalingam

Ramalingam Kalirajan  |11169 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 13, 2026

Money
Dear Sir, I had a flat whose cost was 34 lac, bought in the year 2015, I had sold my flat for 1.2cr in March 2026 Then I bought another flat for 76 lac in April 2026, Pls explain me the capital gain on the sale and purchase, also I request you to suggest ways to save my tax. Thanks
Ans: You have already taken a very good step by purchasing another residential flat immediately after selling the old one. This can help you save a substantial portion of capital gains tax.

» Nature of Capital Gain

Since the flat was purchased in 2015 and sold in March 2026, the gain will be treated as Long Term Capital Gain (LTCG)
LTCG on property is taxed at 20% with indexation benefit

» How Capital Gain is Calculated
Capital gain is not calculated simply as:
Sale Price – Purchase Price

You will get:

Indexed cost benefit on your original purchase cost
Deduction for eligible expenses like:
Registration charges
Brokerage
Major renovation/improvement expenses

This indexed cost significantly reduces taxable gain.

» Benefit of New Flat Purchase

You sold old property in March 2026
Bought new flat in April 2026 for Rs 76 lakh

This qualifies for exemption under Section 54.

Meaning:

Amount invested in new residential property can be reduced from capital gains

So your taxable capital gain will reduce substantially.

» Important Clarification

Tax exemption is linked to the capital gain amount, not entire sale value
If full capital gain is not invested, balance gain becomes taxable

» Additional Tax Saving Options
If any capital gain still remains taxable, you may consider:

Investing in specified Capital Gain Bonds within 6 months
This can further reduce tax liability

» Important Conditions

New property should not be sold within 3 years
Keep all purchase/sale documents safely
Maintain proof of payment and registration

» Finally

Your gain will be treated as Long Term Capital Gain
You will get indexation benefit
Purchase of new flat for Rs 76 lakh will help reduce tax significantly under Section 54
Remaining taxable gain, if any, can be managed through capital gain bonds

A proper indexed calculation by a Chartered Accountant will give exact tax liability.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

https://www.linkedin.com/in/ramalingamcfp/

...Read more

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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