Home > Money > Question

Sign In | Create an account

Language:

Now in हिन्दी too

Need Expert Advice?Our Gurus Can Help

Mahesh Padmanabhan | Answer |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 marines on Apr 04, 2023Hindi

Money

HI MY COUSIN IS HAVING A TOTAL PACKAGE OF INR6 LAC PER ANNUM, COULD YOU PLS ADVICE WHICH TAX REGIME TO OPT AND ALSO GUIDE ON WHIHC MUTUAL FUND FOR SIP - FOR NEXT 5 YEARS TO INVEST 20K PM

Ans: Hi
For better option with regard to the tax regime to be opted please click on the below link

https://incometaxindia.gov.in/Pages/tools/115bac-tax-calculator-finance-bill-2023.aspx

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

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Sep 02, 2022

Question by Tanu - Sep 02, 2022Hindi

Money

Our family wishes to invest in Tax Saving Schemes for tax saving purpose along with decent returns. Any good SIP with long term investment will help. Your guidance will be very much helpful. 1. Mohinder Mittal, Age 62 - 5000/month 2. Neelam Mittal, Age 66 - 5000/Month 3. Mohinder Mittal HUF - 12000/Month 4. Tanu Mittal - 5000/Month 5. Srashti Mittal - 5000/Month

Ans: You may consider:

HDFC Tax Saver - Growth
Axis long term equity fund – Growth
Parag Parikh Tax saver Fund – Growth

Mahesh Padmanabhan | Answer |Ask -Follow

Tax Expert - Answered on Feb 04, 2023

Question by chittanand - Feb 02, 2023Hindi

Money

MY ANNUAL CTC 25.0 LAKHS MY INVESTMENT AND PPF MORE THAN 2.5LACS WHICH TAX REGIME WHICH IS SUITABLE FOR ME.

Ans: Hi Chittanand

I am assuming that the tax saving investments are fully available for deduction.

With that assumption, your tax saving by opting for the new tax regime would be about Rs. 23,000

Nikunj Saraf | Answer |Ask -Follow

Mutual Funds Expert - Answered on Aug 08, 2023

Question by Raghav - May 22, 2023Hindi

Money

Hi Nikunj, Im turning 35 by this year end and investing in SIP's since last 2 years. I had to sell most of the SIP's last year to purchase a vehicle. now Im investing below. I want to build up minimum 50 lakhs for my child's higher education by 2035. Quant tax plan- 3000/month (4 months old) Kotak tax plan-2000/month (4 month old) Mirae asset tax saver fund- 1000/month(27 month old) Parag Parikh tax saver fund- 2000/ month( 1 month old) Mirae asset tax saver fund- 1500/month(1month old)

Ans: Hello Raghav. Based on your requirements, the selected schemes are well aligned with the market. As your target amount is for over ten years, I recommend you diversify by category. Additionally, it is recommended that you increase your SIP to 14k in order to achieve a corpus of 50 lakhs. You may consider smallcap, Midcap, and multicap for your increased sip amount.

Latest Questions

Dr Dipankar Dutta |653 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Oct 04, 2024

Question by Mahi - Sep 24, 2024Hindi

Career

which college should i choose for btech CSE (DSCE or MSRIT)

Krishna Kumar |377 Answers |Ask -Follow

Workplace Expert - Answered on Oct 04, 2024

Asked by Anonymous - Aug 23, 2024Hindi

Career

Hi iam 42 years old person having bsc, mlt, msc mlt in cl biochemistry and having 8 years plus experience suddenly lost job, now i am job less please helpme to find new job

Ans: Hello

Sorry to hear about your situation.

Please reach out to your network of friends and family.

Approach placement consultancy firms

Talk to your professional associates.

All the best.

Krishna Kumar |377 Answers |Ask -Follow

Workplace Expert - Answered on Oct 04, 2024

Asked by Anonymous - Aug 22, 2024

Career

I am working in a software MNC for 10+ years. My company has been laying off people last couple of years as cost cutting measure. Now Management is putting undue pressure on me to resign to avoid paying severance. They are trying to implicate me in false PIP if I don't resign myself. What should I do?

Ans: Hello

I am sorry to hear about your situation.

My suggestion would be please talk to your seniors and your HR and address it in an amicable manner.

Rest it's always upto the company.

All the Best

Warm Regards
KK

Krishna Kumar |377 Answers |Ask -Follow

Workplace Expert - Answered on Oct 04, 2024

Question by Pravin - Sep 13, 2024Hindi

Career

I am resigning on 12 April 2024 and send all documents need FNF SEND on 17 June 2024 till date my FNF not settled last updated is from HR person pending from Finance division

Ans: Dear Pravin

I can understand your situation.

Suggest you approach your senior and also your HR manager and resolve it in am amicable manner.

All the best.

Warm Regards

Krishna Kumar |377 Answers |Ask -Follow

Workplace Expert - Answered on Oct 04, 2024

Question by Naveen - Sep 17, 2024Hindi

Career

My manager is harassing me and want me to resign from my post as she want another candidate which aligned for same role

Ans: Hello Mr.Naveen

I am sorry to hear your situation.

There is not much you can do accept talk to your manager in an amicable way and resolve it.

All the Best

Warm Regards
KK

Krishna Kumar |377 Answers |Ask -Follow

Workplace Expert - Answered on Oct 04, 2024

Asked by Anonymous - Sep 20, 2024Hindi

Career

Hi sir, My manager threating me on my resignation period if I will not meet the targets she will not do my clearance please suggest if she can do this thing..

Ans: Hello

I am sorry I cannot comment on the behaviour of an individual. Suggest you talk to your seniors and HR and address it amicably.

Warm Regards
KK

Krishna Kumar |377 Answers |Ask -Follow

Workplace Expert - Answered on Oct 04, 2024

Question by SUBHRANSU - Jun 06, 2024Hindi

Career

Dear sir, Kindly tell me what is the difference between dismiss and termination from services Regards. S. M. Pattanaik

Ans: Dismissal could be temporary, while termination is permanent.

Both can be on account of misconduct

Hope this helps.

All the best.

Krishna Kumar |377 Answers |Ask -Follow

Workplace Expert - Answered on Oct 04, 2024

Question by Mukesh - Aug 30, 2024Hindi

Career

Dear Sir I am at age 50 and recently have lost job and for the last 5 months I am not able to get a new one .This thing has made me very nervous and anxious and I have lost my proper sleep.Pls guide

Ans: Hello Mr.Mukesh

I am sorry to hear about your situation and I can feel what you must be going through.

Start taking daily baby steps for job hunt.

1. Reach out to your network through friends and family.

2. Approach as many companies as possible.

3. Reach out to your professional associates.

4. Apply through online job portals.

Wishing you all the best.

Krishna Kumar |377 Answers |Ask -Follow

Workplace Expert - Answered on Oct 04, 2024

Question by Salima - Aug 21, 2024Hindi

Career

My boss has given me pip for last year performance and my company has awarded me for last year performance..what do i do

Ans: Hello

You mean you have been given performance improvement plan by your firm. If that is the case then you need to work upon it.

Wish you all the best.

Krishna Kumar |377 Answers |Ask -Follow

Workplace Expert - Answered on Oct 04, 2024

Question by SUGAVANAM - Aug 07, 2024Hindi

Career

I AM 57 YEARS OLD AND HAVING VAST EXPERIENCE IN ACCOUNTS / DATA ENTRY WORKS. REQUIRES PART TIME DATA ENTRY JOB (1 OR 2 DAYS PER WEEK)

Ans: Hello

Please approach local accountancy firms and offices in your city. I am sure they will be happy to engage you on part time basis.

All the best.

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