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Rs. 10.5L earner: Will I pay tax or am I exempt?

Vivek Lala |324 Answers |Ask -Follow

Tax, MF Expert - Answered on Jun 04, 2025

Vivek Lala has been working as a tax planner since 2018. His expertise lies in making personalised tax budgets and tax forecasts for individuals. As a tax advisor, he takes pride in simplifying tax complications for his clients using simple, easy-to-understand language.
Lala cleared his chartered accountancy exam in 2018 and completed his articleship with Chaturvedi and Shah. ... more

Question by Zia on Feb 01, 2025Hindi

Money

My annual income is Rs. 10.50 lakhs. Do I need not to pay any income tax or will have to pay as per 0-4 lakhs( )%) + 4-8 lkahs( 5%) +8-10.5 lakhs( 10%).

Ans: as per FY 25-26, no tax for any salaried person up to 12.75L

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.

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Hi, My salary is 8.5 Lacs per year. I have a investment of Rs.1.5 lacs. Still i need to pay the tax.. please advise

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Sir im a salaried person unmarried, my overall income including (dividend,rents,salary) is Rs 59000 per month my expense will be 15000 per month did i have to pay tax

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Sir if my only source of income is intrest from fd that is around 2 lacs per month then how much tax I have to give and my age is 51

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Question by Anoj - May 17, 2026Hindi

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My son got seat in SRM in cse gaming is there good placement in this field.

Ans: Anoj, if your son is genuinely interested in this branch, he can pursue this. SRM has good overall placements. However, separate branch?wise CSE Gaming statistics are not publicly broken out in official reports; most data is aggregated under CSE/Computer Science, so gaming?specific roles (game dev, QA, and tools) exist but are embedded in the broader CSE?placement pool. All the Best for Your Son's Prosperous Future!

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Sir, VIT Chennai. CSE cyber security and SNU chennai. CSE branches. Whichone is best. Give details.

Ans: Prefer VIT-C-Cybersecurity. All the Best for Your Prosperous Future!

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Asked by Anonymous - May 11, 2026Hindi

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I have 25k rank in AEEE and home state quota in Kerala, Can i get admission for Ai and data science

Ans: With AEEE rank around 25,000 + Kerala home-state quota, AI & Data Science at Amritapuri is difficult, because recent trend data shows AID closing much earlier than 25k, even for home-state slabs. Amrita confirms B.Tech admission is through AEEE/JEE + CSAP counselling.

Still, fill choices broadly: AI & Data Science, CSE-AI, Cyber Security, ECE, ELC, and EEE at Amritapuri, plus Amaravati/Faridabad/Nagercoil/Haridwar if acceptable. Have the backups of KEAM Kerala counselling, private Kerala/Tamil Nadu colleges, and Amrita lower-demand branches. The AI/Data Science chance improves only if vacancy/fee slab extends significantly. All the Best for Your Prosperous Future!

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Hi Sir, I got Intermediate marks : 991 Jee mains percentile: 94.01 TGEAPCET :65 Marks VITEE : 12774 RANK BITSAT : 196Marks ..aiming for 300 next phase Wrote ugee well, Applied for amrita in jee mains quota Applied for sastra Suggest me next move..like which college suits me..i am looking forward for CSE and ECE PLEASE HELP ME

Ans: Best next steps are keep BITSAT Phase-2 as highest priority. At 196, BITS CSE/ECE is difficult, but 300+ can open ECE/EEE and maybe better options (scoring 300+ from 160 will be highly challenging; still, you must try). With JEE 94.01 percentile, top NIT/IIIT CSE is unlikely, but try JoSAA/CSAB for lower IIIT/GFTI branches. Your VITEEE 12,774 gives good chances for VIT Chennai/AP/Bhopal CSE-related and possible non-core options at Vellore. Amrita through JEE is worth trying through CSAP, as Amrita accepts AEEE/JEE scores. SASTRA is strong because 991 Intermediate marks help, since admission uses JEE + Class 12 weightage. Prefer: BITS if 300+ > VIT/Amrita CSE > SASTRA CSE/ECE > TG EAPCET options. All the Best for Your Prosperous Future!

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Question by Abhinay - May 11, 2026Hindi

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I got vit Rank 60625 can I get ece in vit ap category 1

Ans: Abhinay, With VITEEE rank 60,625, ECE at VIT-AP Category 1 is unlikely. Recent trend sources indicate VIT-AP ECE Category 1 may close around 50,000, while higher categories may extend further. Still, you must try. Better preference order: ECE Category 2/3 > ECE VLSI/Embedded > Electronics & Computer Engineering > EEE > Mechanical/Robotics. Keep VIT Bhopal/AP alternate branches and state counselling/private colleges as backup. All the Best for Your Prosperous Future!

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Asked by Anonymous - May 11, 2026Hindi

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Sir I have got 70210 rank in VITEEE which college I get it I want to pursue cse with which category. Also I got 427736 rank in jee mains, can I get good government or private college for femalefrom Rajasthan, obc category.

Ans: With VITEEE rank 70,210, CSE core is unlikely at Vellore/Chennai, but VIT-AP or VIT Bhopal CSE/CSE specialisation may be possible, mostly in higher fee categories, likely Category 3–5 depending on vacancy. With JEE Main CRL 4,27,736, OBC female, Rajasthan, NIT/IIIT/GFTI CSE chances through JoSAA are almost nil. You can try CSAB Special Round, but expect only very low-demand GFTI branches, if any. Have 4-5 other reputed private colleges as backups including REAP Rajasthan counselling, RTU/Kota-affiliated private colleges, JECRC, Poornima, SKIT, Manipal Jaipur, and Amity Jaipur. All the Best for Your Prosperous Future!

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Question by sarmistha - May 11, 2026Hindi

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My daughter got chance in KIITEE in integrated M tech course and got 1802 in SRM... SHE is interested in bio technology....which institute is best for her career

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Question by Rashmi - May 11, 2026Hindi

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My daughter got 57194 in vitee. She wants ece in vellore or chennai. Whats the probablity?

Ans: Rashmi Madam, With VITEEE rank 57,194, ECE at VIT Vellore is difficult and should be treated as low probability. ECE at VIT Chennai is also not easy but may have a small chance in higher fee categories if seats remain during her counselling phase. VIT counselling is rank-, choice-, category- and seat-availability based; rank 45,001–70,000 fall in Phase 3 choice filling. Best preference order: Chennai ECE > Vellore ECE > Chennai EEE/ECM/Mechatronics > Vellore EEE > VIT-AP/Bhopal ECE/CSE-related. Keep backup options (4-5 other reputed private colleges) ready because ECE demand is usually high. All the Best for Your Daughter's Prosperous Future!

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Question by Amit - May 11, 2026Hindi

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Sir, my son has secured 12300+ rank in SRM JEEE 2026 and 70000+ rank in VITEEE. Is there possibility of getting CSE core or CSE AI/ ML in SRM KTR campus... Also pls share that what options I can get in VIT Chennai on this rank ( VIT Vellore seems very tough to get on this rank)...What branch should I fill as preference in VIT Chennai... I can get CSE core in VIT AP but not willing to join there... So should I prefer KTR campus with CS or VIT Chennai with branch other than CS ( as I will not get CSE there)...thanks in advance.

Ans: Amit Sir, at SRMJEEE, 12,300+ SRM KTR CSE core is doubtful, but CSE-AI/ML, Data Science, Cloud, Big Data, CSBS, or AI may be possible depending on vacancy/phase. SRM officially offers these KTR CS options.

At VITEEE 70,000+, VIT Chennai CSE/ECE are unlikely. You can fill EEE, Mechanical, Mechatronics/Robotics, Civil, Fashion/Design-related tech options if available in higher categories. Vellore is tougher.

My preference: SRM KTR CS-related branch > VIT Chennai non-CS > VIT-AP CSE, only if there is no objection. Backups you can have are SRM Ramapuram/Vadapalani CS and 4-5 other reputed private colleges in and around your State. All the Best for Your Son's Prosperous Future!

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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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