Home > Money > Question

Sign In | Create an account

Language:

Now in हिन्दी too

Need Expert Advice?Our Gurus Can Help

Confused 74-year-old: New tax regime or stick with old? 80C benefits?

Milind Vadjikar |1157 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Sep 29, 2024

Milind Vadjikar is an independent MF distributor registered with Association of Mutual Funds in India (AMFI) and a retirement financial planning advisor registered with Pension Fund Regulatory and Development Authority (PFRDA).
He has a mechanical engineering degree from Government Engineering College, Sambhajinagar, and an MBA in international business from the Symbiosis Institute of Business Management, Pune.
With over 16 years of experience in stock investments, and over six year experience in investment guidance and support, he believes that balanced asset allocation and goal-focused disciplined investing is the key to achieving investor goals.... more

Question by Matta on Aug 16, 2024Hindi

Listen

Money

I am of 74 years, recent 2024-25 A.Y we field in (new regime) let us continue in future or any change in Old one 80c & any benefits in not applicable in my a/c

Ans: Individuals with an income from business or profession are not eligible to switch income tax regimes every year.

However, individuals having income from sources other than business or profession can switch their regimes every year based on amount of deductions allowed.

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

MoneyReply

You may like to see similar questions and answers below

Advait Arora |1264 Answers |Ask -Follow

Financial Planner - Answered on Jun 06, 2023

Question by komal - May 30, 2023Hindi

Listen

Money

hi , adani power can we hold ?

Ans: yes hold it for long term ! investing is a long term game, minimum holding is 2-3 years and good companies definitely show returns if invested for long time.

Nayagam P P |4414 Answers |Ask -Follow

Career Counsellor - Answered on Jul 23, 2024

Question by Poonam - Jul 21, 2024Hindi

Listen

Career

Sir pls reply which is better ece thappar or electrical Sgits indore

T S Khurana |446 Answers |Ask -Follow

Tax Expert - Answered on Feb 19, 2025

Question by Mahender - Feb 18, 2025Hindi

Listen

Money

80ttb applicable in new regime for ay 25.26

Ans: Please note that provisions of section 80TTB are not applicable in New Tax Regime.
Most welcome for any further clarifications. Thanks.

Latest Questions

Dr Dipankar Dutta |1125 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Apr 11, 2025

Asked by Anonymous - Mar 22, 2025Hindi

Listen

Career

JEE Mains query: My son is in PUC in Karnataka and would like to know if we can avail Hyderabad-Karnataka quota for JEE mains or advance - if he passes with required percentile or percent. Ours is a general category. FYI, my daughter got medical seat using the same quota in 2023. Thanks is advance. SAH

Ans: Yes, your son can avail the Hyderabad-Karnataka (HK) quota, now known as the Kalyana Karnataka (KK) reservation, for JEE Mains or JEE Advanced, provided he meets the eligibility criteria. Since your daughter has already availed this quota for medical admissions, your son should also be eligible.

Dr Dipankar Dutta |1125 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Apr 11, 2025

Question by Rajeswari - Mar 22, 2025Hindi

Listen

Career

Jee mains result session 1 2025 EWS category girl 86 percentile CRL rank and Category rank how much Sir...

Ans: Common Rank List (CRL) Rank: Approximately 1.2 to 1.5 lakh.?

EWS Category Rank: Approximately 15,000 to 20,000.

Dr Dipankar Dutta |1125 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Apr 11, 2025

Question by Mrg - Mar 27, 2025Hindi

Listen

Career

I got 90.7 percentile in jee im from punjab plz tell me the best engineering college i could get

Dr Dipankar Dutta |1125 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Apr 11, 2025

Asked by Anonymous - Apr 01, 2025Hindi

Listen

Career

Sir I have one doubt I'm a 1st dropper of jee and I have give 4 times jee mains and 0 not qualified for advance yet, but if I take 2nd drop I'm eligible for mains but not for advance so what if I give my board exam again from different board like nios this year and give jee advanced next year am I eligible for advance as a fresh candidate,if yes then ok but if no so how will they get to know that I already gave So what if

Ans: Yes, if you reappear for your 12th board from NIOS (or any other recognized board) in 2025, then you will be considered a fresh candidate for JEE Advanced.

Dr Dipankar Dutta |1125 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Apr 11, 2025

Question by K - Mar 27, 2025Hindi

Listen

Career

My grandson got 76 percentile can he get any seat in any NIT

Ans: Category? Homestate?

Dr Dipankar Dutta |1125 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Apr 11, 2025

Asked by Anonymous - Mar 27, 2025Hindi

Listen

Career

mai 12th fail hoga dobara 12th pass hokar jee mains and advanced de sakte hai

Ans: Haan, bilkul!

Dr Dipankar Dutta |1125 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Apr 11, 2025

Question by Palak - Apr 09, 2025Hindi

Listen

Career

I got 94 percentile in jee mains can i get cs in some iiits my hometown is haryana

Dr Dipankar Dutta |1125 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Apr 11, 2025

Asked by Anonymous - Apr 09, 2025Hindi

Listen

Career

Hii, I am a student of physics wallah, online prepping for JEE.. I am currently 10th pass and I really sulky when it's about attending classes why waste a hefty amount of school fees when you can just get into NIOS system and crack JEE nd get into reputed IITs and nits ? What's your thoughts here

Ans: If you are naturally self-driven and don’t need external discipline, NIOS is a great choice for saving time and focusing on JEE. Otherwise, a flexible school (where attendance isn't strict) could be a better balance.

Mayank Chandel |2191 Answers |Ask -Follow

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Apr 11, 2025

Question by Prashant - Apr 09, 2025Hindi

Listen

Career

Sir maine 2025 me 12th up board se de liya hai aur jee main session 1 and 2 bhi de diya hai mujhe nhi lag rha ki mera cut off clear hoga mai drop nhi lena chahata kyuki mera drop me bhi nhi clear hoga kya mai dobara cbse board se 11th and 12th karke jee de sakta hu

Ans: Hi Prashant
Maximum 3 Attempts in 3 Consecutive Years:
JEE Main aap 12th ke year se lekar agle 2 saal tak, total 3 baar de sakte ho.
Agar aapne 12th 2025 me diya hai, to aap:
2025
2026
2027
me JEE de sakte ho.

12th Board Attempt Consideration:
Aap agar dobara 12th CBSE se karte ho (maan lo 2027 me), to JEE 2027 ka attempt valid hoga, aur aapka purana 12th (2025 UP board) attempt count nahi hoga.
Lekin, pehle diye gaye JEE attempts fir bhi count honge. Matlab aap already 2 baar JEE de chuke ho (2025 ke 2 sessions), to aapke paas sirf ek aur final attempt (2026 ya 2027) bachega.

Mayank Chandel |2191 Answers |Ask -Follow

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Apr 11, 2025

Asked by Anonymous - Apr 03, 2025Hindi

Listen

Career

I am a ISC board student, i did not do any coaching for jee. Should i join crash course for viteee & bitsat exams which are coming up soon??

Ans: Hi
VITEEE is relatively easier compared to JEE. If you're confident with ISC Physics, Chem, Math — and you can manage speed — you might not need a crash course, just mock test practice.

BITSAT is trickier due to speed + extra sections. If you're targeting BITS Pilani, a crash course can seriously help.

See more questions »

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.

Video Reply
Audio Reply

WhatsApp
Facebook
Twitter
Copy link

Delete

Close

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus

Sign up

email

uname

mobile no

Country Code

Mobile number

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

LOGIN

x