Home > Money > Question

Sign In | Create an account

Language:

Now in हिन्दी too

Need Expert Advice?Our Gurus Can Help

Mahesh Padmanabhan |120 Answers |Ask -Follow

Tax Expert - Answered on May 26, 2023

Mahesh Padmanabhan has specialised in payroll, personal and corporate taxation for more than two and a half decades, enabling him to provide practical, realistic and correct advice to his clients.
He is a member of The Institute of Chartered Accountants of India and has a degree in cost accounting from the Institute of Cost Accountants of India.
He is also a qualified information systems auditor. ... more

Question by Natasha on Apr 02, 2023Hindi

Money

Hi I am from Assam.. I haven't link my pan adhar til now. As i have heard that 4 states assam, Jammu Kashmir and meghalaya pan-aadhar link til now not mandatory.

Ans: Hi Natasha
Yes that is correct

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

Sunil Lala |193 Answers |Ask -Follow

Financial Planner - Answered on Feb 13, 2023

Question by Santosh - Feb 10, 2023Hindi

Money

Aadhar card is to be linked to PAN. But aadhar is not required by NRI as per aadhar act. What to do in this case.

Ans: It is not mandatory for NRI to link Aadhar with PAN

Mihir Tanna |905 Answers |Ask -Follow

Tax Expert - Answered on Mar 15, 2023

Question by Santosh - Mar 01, 2023Hindi

Money

Aadhar card is to be linked to PAN. But aadhar is not required by NRI as per aadhar act. What to do to keep alive PAN of NRI. The NRI is not filing any ITR as no Taxable Income. Then what to do ? Please tell me the procedure to be foloowed.

Ans: NRI is not required to enroll for AADHAR. Therefore, he is not required to link it with PAN. However, if Aadhar is already enrolled, it is advisable to link it with PAN.

Vivek Lala |257 Answers |Ask -Follow

Tax, MF Expert - Answered on Mar 20, 2023

Question by Kabid - Mar 15, 2023Hindi

Money

I am a resident from Assam, India. I have not link Pan-Aadhar till now. Is it mandatory in Assam to link Pam and Aadhar. Is late fine require for linking now.

Mahesh Padmanabhan |120 Answers |Ask -Follow

Tax Expert - Answered on May 08, 2023

Question by Vivekanand - Mar 21, 2023Hindi

Money

Hello, I have an 18-year-old son who does not yet have a PAN card. How do you link his PAN and AADHAR when he doesn't have a PAN? According to the government, we must pay Rs.10,000 for it? Please tell me what to do.

Ans: Hi Vivekanand

You must have informed the bank about his attaining majority. Please apply for a PAN first and thereafter link it with the aadhar. If there was no PAN itself available, there is no question of linking it.

After turning 18, your son would become the independent account holder and that would necessitate the KYC for him and accordingly, you would need to get his PAN now.

Mihir Tanna |905 Answers |Ask -Follow

Tax Expert - Answered on May 10, 2024

Asked by Anonymous - May 08, 2024Hindi

Money

I am a NRI, my PAN CARD was issued as Non Resident, whereas my ADHAR is issued as Resident. Is there any issue in linking PAN & ADHAR ?

Ans: It is likely that PAN and Aadhar will be linked even in case of mismatch is residential status

Latest Questions

Ramalingam Kalirajan |5369 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Jul 27, 2024

Asked by Anonymous - Jul 26, 2024Hindi

Money

Should I continue to invest in Mirae asset large and mid cap fund?it's 40% of my corpus .

Ans: Portfolio Review
Current Allocation: Mirae Asset Large and Mid Cap Fund is 40% of your corpus.

Performance: Review the fund's historical performance. Check its returns, consistency, and risk profile.

Diversification: A single fund making up 40% of your portfolio is a concentration risk. Diversification can help manage this risk.

Diversification and Risk Management
Reduce Concentration Risk: Invest in other funds or asset classes. This can help spread the risk and potentially increase returns.

Active Management: Actively managed funds can provide better returns. Ensure your investments align with your risk tolerance and financial goals.

Alternatives to Index Funds
Actively Managed Funds: These funds often outperform index funds. They offer better growth potential and professional management.

Disadvantages of Index Funds: Index funds track the market and lack flexibility. Actively managed funds can adjust to market changes.

Regular Fund Investments
Benefits of Regular Funds: Investing through a Mutual Fund Distributor (MFD) with a Certified Financial Planner (CFP) provides expert guidance. They offer better fund selection and management.

Disadvantages of Direct Funds: Direct funds require more time and knowledge. Regular funds provide professional advice and management.

Investment Strategy
Review and Adjust: Periodically review your investments. Rebalance to maintain your desired asset allocation.

Investment Goals: Align your investments with your long-term goals. Ensure your portfolio is diversified and well-managed.

Final Insights
Reducing the concentration in a single fund can help manage risk and potentially increase returns. Consider diversifying into other actively managed funds. This will align with your financial goals and risk tolerance.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ramalingam Kalirajan |5369 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Jul 27, 2024

Asked by Anonymous - Jul 17, 2024Hindi

Money

Hi I am P Das, 40 yrs old. my monthly in hand salary is 80k. Monthly expenses 40 k. My investment so far PPF 6 lac, NPS 15 lac FD 14 lac, monthly NPS contribution is 18 k with employees and employer both. I want to build a corpous of 3 cr in next 20 yrs. Please suggest

Ans: Das, at 40 years old, your monthly salary is Rs. 80k. Your monthly expenses are Rs. 40k. This leaves you with Rs. 40k for investments and savings.

Your current investments are:

PPF: Rs. 6 lakhs
NPS: Rs. 15 lakhs
FD: Rs. 14 lakhs
Your monthly NPS contribution is Rs. 18k, combining both your contribution and your employer’s.

Financial Goals
You aim to build a corpus of Rs. 3 crores in the next 20 years.

Assessment of Current Strategy
PPF
Your investment in PPF is good for long-term growth and tax benefits. It has a stable interest rate and risk-free returns.

NPS
Your NPS contributions are excellent for retirement planning. NPS offers tax benefits and market-linked returns, making it suitable for long-term growth.

Fixed Deposits
FDs are safe but offer lower returns compared to other investment options. Consider reallocating some of these funds for higher returns.

Recommendations for Improvement
Increase Equity Exposure
Equity investments have the potential for higher returns over the long term. Consider starting SIPs in equity mutual funds.

Diversify Investments
Diversifying your investments helps reduce risk. Apart from PPF and NPS, you can invest in mutual funds and bonds.

Adjust Fixed Deposits
FDs are low-return investments. Reallocate a portion of your FD corpus to mutual funds for better returns.

Consistent Review and Adjustment
Review your investments regularly. Make adjustments based on market conditions and your financial goals.

Mutual Funds
Equity Mutual Funds: Start SIPs in diversified equity mutual funds. These funds have higher growth potential.
Actively Managed Funds: Actively managed funds can outperform index funds due to professional management.
Retirement Planning
Your NPS contributions are excellent. Continue this for a stable retirement corpus. Additionally, allocate funds to mutual funds for diversified growth.

Emergency Fund
Ensure you have an emergency fund. This should cover 6-12 months of expenses and be kept in a liquid asset.

Tax Planning
Maximize your tax-saving investments. Ensure you are using instruments like PPF, NPS, and tax-saving mutual funds.

Final Insights
Your current investment strategy is solid, but can be improved. Increase your equity exposure for higher long-term returns. Diversify your investments to reduce risk. Review and adjust your portfolio regularly.

Start SIPs in equity mutual funds and consider reallocating some FD funds to higher return investments. Maintain an emergency fund and maximize tax-saving investments.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

Nayagam P P |2569 Answers |Ask -Follow

Career Counsellor - Answered on Jul 27, 2024

Asked by Anonymous - Jul 13, 2024Hindi

Career

Which to choose based on both curriculum and placements,IIT BHU electronics vs IIT Indore EE vs IIT Gandhinagar EE vs IIT Ropar EE

Ans: Prefer IIT-BHU-Electronics. All the BEST for Your Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

Nayagam P P |2569 Answers |Ask -Follow

Career Counsellor - Answered on Jul 27, 2024

Question by SAI - Jul 12, 2024Hindi

Career

Sir; I am interested to study ai but I think I can't join aiml or cse in vit ap bcz my eapcet rank is 5529 then can I join in sreevishnu CSM or csc in vit ap !? Which one is good or can u suggest any other colleges in au region !?

Ans: Sai, prefer VIT-AP. All the BEST for Your Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

Nayagam P P |2569 Answers |Ask -Follow

Career Counsellor - Answered on Jul 27, 2024

Asked by Anonymous - Jul 12, 2024Hindi

Career

Sir I got ECE in Mahindra University data science in upes Dehradun and Information Technology in Dit Dehradun.i written met exam got 27 rank but manipal jaipur sold there seats So I am hopeless among three which should I prefer and Focus on Master for future

Ans: Prefer UPES. All the BEST for Your Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

Nayagam P P |2569 Answers |Ask -Follow

Career Counsellor - Answered on Jul 27, 2024

Asked by Anonymous - Jun 14, 2024Hindi

Career

Jee main score 76103 crl obc can I got nit

Ans: Will Get, but in Tier-3 NIT/Stream. All the BEST for Your Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

Nayagam P P |2569 Answers |Ask -Follow

Career Counsellor - Answered on Jul 27, 2024

Question by Pat - Jul 11, 2024Hindi

Career

I got 93 percentile in jee mains in csab round which clg can i get

Ans: Try Tier 2/3 NITs/GFTIs & be flexible with Streams. All the BEST for Your Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

Nayagam P P |2569 Answers |Ask -Follow

Career Counsellor - Answered on Jul 27, 2024

Asked by Anonymous - Jul 09, 2024Hindi

Career

Sir, Let me know the order of preference. CSE in SRM Kattankulathur, EEE in Amritha Bangalore, CSE in ComedK colleges (DSCE, NIE Mysore, SIT Tumkur, BIT, BMSIT, Nitte Meenakshi, CMRIT, Bangalore). Also, let me know Is better CSE core or CSE with specialization like AIML, AIDS, IOT, CYBERSECURITY, etc. I need this information for my daughter as Round 1 counseling is starting today in Comedk.

Ans: Prefer (1) DSCE (2) NITTE (3) CMRIT (4) BMSIT. Prefer AIML, Cyber Security, followed by AIDS & IOT. All the BEST for Your Daughter's Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

Nayagam P P |2569 Answers |Ask -Follow

Career Counsellor - Answered on Jul 27, 2024

Question by Vijay - Jul 05, 2024Hindi

Career

Sir Please suggest what should choose between Electrical and computer engg in Thapar and Chemical engg in BITS Hyderabad

Ans: Vijay, prefer Thapar-ECE. All the BEST for Your Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

Nayagam P P |2569 Answers |Ask -Follow

Career Counsellor - Answered on Jul 27, 2024

Question by Bhavana - Jul 09, 2024Hindi

Career

Sir is it worth joining vit bopal cse core under category 1

Ans: Yes Bhavana, All the BEST for Your Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

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