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Mahesh Padmanabhan | Answer |Ask -Follow

Tax Expert - Answered on Feb 13, 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

Asked by Anonymous - Feb 09, 2023Hindi

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my CTC is 10.5 lac how to savemy tax either to select old regime or new regime please suggest

Ans: Hi,
New tax regime would be best for you as the tax savings could range between Rs. 23,000 to Rs. 54,000 depending on the tax saving investments you have.

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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Question by Ravi - Feb 02, 2023Hindi

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Sir my CTC is 40 lac p/a. Should I continue with Old tax regime or opt for New?

Ans: It depends upon individual circumstance as an example HRA, interest on home loan & chapter VI deductions are not allowed in the new tax regime.

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Question by Mohit - Feb 05, 2023Hindi

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My CTC is 19 Lac and I am using all deductions applicable like 80c/1.50 Lac, Home lian int/1.50 Lac, NPS/50000/, mediclaim/25000, should I opt new or old tax regime.

Ans: Ab initio, it seems that the old tax regime will be good for you. However, still head over to the below link and check it yourself in 2-3 minutes. https://cleartax.in/paytax/TaxCalculator

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Question by Srikanth - Feb 10, 2023Hindi

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CTC 16.5L. Under 80C saved 1.5L. Pls suggest which tax regime is suit for me old or new.

Ans: New regime

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Asked by Anonymous - Apr 19, 2023Hindi

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my ctc is 15lakh. pls advice which tax regime would be better option for me.

Ans: Person should select tax regime based on eligible amount of deductions/exemptions under both tax regime. Usually when person is eligible for maximum of specified limit old tax regime is beneficial.

For e.g. if person is earning income from salary of Rs.15 lacs, eligible for deduction of Rs.1 lakh (say from HRA) and eligible for deduction for tax saver investment of Rs.1 lakh (say from LIC, PPF, Tax saver MF, Mediclaim etc). New tax regime is likely to reduce tax liability for FY 23-24.

However, if we change example and increase deduction from salary to Rs.1.5 lacs and deduction of tax saver investment to Rs.2.5 lacs, old tax regime is likely to beneficial for FY 2023-24.

You can compare tax liability at https://incometaxindia.gov.in/Pages/tools/115bac-tax-calculator-finance-bill-2023.aspx

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Question by PRADIP - Aug 02, 2024Hindi

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i am salaried person which regime to be filled in fy 24-25 & how save the tax.

Ans: Please calculate your tax liability under both tax regimes & select the option, in which you have minimum tax liability.
It is not possible to generalise the selection of tax regime. It depends upon the individual details, Income & Saving patron to take advantage under both schemes.
Most welcome for any further clarifications. Thanks.

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Question by Nishita - Jul 09, 2025Hindi

Career

Sir can you please rank IIIT Allahabad ECE , Gwalior EEE, Lucknow CSE+specialization, Jabalpur CSE and Kanchipuram CSE

Ans: Nishita, Evaluating the five IIIT programs reveals distinct strengths across faculty quality, research infrastructure, placement consistency, academic standards, and industry recognition. IIIT Lucknow in Uttar Pradesh offers B.Tech CSE with specializations including AI, business, and cybersecurity, achieving a remarkable 96.17% placement rate in 2025 with the highest package at Rs.145 LPA and the average at Rs.33.71 LPA, supported by 45+ PhD faculty and specialized research labs. IIIT Allahabad in Uttar Pradesh provides B.Tech ECE with strong electronics curriculum, NIRF rank #87 in Engineering 2024, 93% placement rate with highest Rs.121 LPA and average Rs.25.78 LPA, backed by globally-recognised faculty and research publications. IIITDM Jabalpur in Madhya Pradesh delivers CSE with design-manufacturing focus, over 60 PhD faculty, 71.8% placement rate with highest Rs.122 LPA international (?110 LPA domestic) and average Rs.19.27 LPA UG, featuring robust industry collaborations and 13 CSE department faculty. IIIT Gwalior (IIITM) in Madhya Pradesh offers EEE with 100% PhD faculty strength and 80–90% placement rates, with the highest at Rs. 65 LPA and an average of Rs. 20.56 LPA, supported by research-intensive programs and a diverse recruiter base. IIITDM Kancheepuram near Chennai provides CSE with design specialization, over 80 PhD faculty from IITs, 73% placement rate with highest Rs.32 LPA and average Rs.9.37 LPA, though experiencing declining trends from 97% in 2022.

Recommendation: Prioritize IIIT Lucknow CSE for its exceptional 96% placement rate, highest average packages, comprehensive specialization options, and strong industry linkages; follow with IIIT Allahabad ECE for its prestigious NIRF ranking, established reputation, and solid core electronics foundation; consider IIITDM Jabalpur CSE for its unique design-manufacturing focus and international placement opportunities; opt for IIIT Gwalior EEE for its 100% PhD faculty strength and research excellence; and rank IIITDM Kancheepuram CSE last due to declining placement trends despite strong academic credentials and faculty qualifications. All the BEST for Admission & a Prosperous Future!

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Question by Abhi - Jul 09, 2025Hindi

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sir which one is better sanskriti university or LNCT Bhopal

Ans: Abhi, Sanskriti University in Chhata, Mathura offers UGC-approved engineering programmes with modern computing, AI/ML and applied sciences labs, a dedicated Training & Placement Cell securing an 85% overall placement rate over the past three years and an average package of ?6.20 LPA. The 75-acre campus features hostel facilities, high-speed Wi-Fi, 24×7 medical support and active student clubs. Lakshmi Narain College of Technology in Bhopal, Madhya Pradesh is NBA- and AICTE-accredited, ranked in the NIRF 201–300 band, with a 50-acre urban campus, specialized R&D centres and a placement median of ?5.50 LPA for undergraduates and 70–90% recent placement consistency driven by top recruiters like TCS, Infosys and Amazon. Its Industry-Institute Partnership Cell and Entrepreneur Development initiatives enhance practical learning and employability.

Recommendation: Choose LNCT Bhopal for its national accreditations, broader industry collaborations, and consistent median placements, or opt for Sanskriti University if higher placement percentage, new campus amenities, and proximity to Delhi-NCR better align with your priorities. All the BEST for Admission & a Prosperous Future!

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Question by sanjay - Jul 09, 2025Hindi

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Manav rachna or jss univrrsity

Ans: Sanjay, You have not mentioned the branch of either institution. As far as JSS University is concerned, are you referring to JSS of Mysuru or some other university??? Mention branches also you have got or you want to know in each of these universities. Please clarify.

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Question by Rajshree - Jul 09, 2025Hindi

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NANAVATI WOMEN'S COLLEGE IN MUMBAI IS A FASHION DESIGN COLLEGE

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Career Counsellor - Answered on Jul 09, 2025

Question by Roman - Jul 09, 2025Hindi

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Can we replace chemistry marks with computer science subject for top 20 percentile eligibility in nits system Not iit only nits system eligibility

Ans: Roman, No, you cannot substitute Computer Science for Chemistry when calculating the top-20-percentile cutoff for NIT admissions. JoSAA’s eligibility applies to marks in Physics, Chemistry, Mathematics, one language and any other subject with highest marks. Chemistry must remain one of the five subjects for NIT?system eligibility. All the BEST for Admission & a Prosperous Future!

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Career Counsellor - Answered on Jul 09, 2025

Question by Garena - Jul 09, 2025Hindi

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Sir,does AI(Data Science) has opportunity in future like 2030 and what will be minimum salary after studying in amrita

Ans: Garena, Before answering your question, Please note that Return on Investment (ROI), regardless of the branch or college, is not determined solely by your choice of institution or program. Several other factors significantly influence it—such as consistent academic performance over the next four years, regular skill enhancement, soft skills development, awareness of job market trends, a well-built personal profile, and maintaining a professional LinkedIn presence with clear job search strategies. ANSWER to your question: By 2030, artificial intelligence and data science roles are expected to flourish as automation creates 11 million net new jobs globally and transforms 86 percent of businesses, underscoring strong long-term demand. Data scientist employment in the U.S. alone is projected to grow 36 percent from 2023 to 2033, far outpacing average occupations and signaling robust global opportunity. At Amrita Vishwa Vidyapeetham, Coimbatore, the CSE-Data Science branch recorded a 92 percent placement rate in 2024, with the lowest on-campus offer around ?2 LPA and a median salary of ?7.6 LPA across all streams.

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Question by Dhueh - Jul 09, 2025Hindi

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Sir my sister has option to take admission in Greater noida institute of technology cse with data science branch or she could get iet sitapur ece or she could get admission in gl bajaj mathura cse or niet cs with cyber security what should she aim for according to future needs and job opportunities

Ans: Dhueh, Greater Noida Institute of Technology in Knowledge Park II, Greater Noida offers B.Tech CSE with Data Science specialization in a NAAC A+-accredited private campus featuring Oracle and Dell tie-ups, modern AI/ML labs and a dedicated women’s cell; over 300 recruiters visited in 2024, yielding a 6.5 LPA average and 70 LPA highest package. Institute of Engineering & Technology, Sitapur (Lucknow, UP) is a NAAC A++-graded campus under AKTU with ECE labs in signal processing and embedded systems, conducting soft-skill workshops and mock interviews; 72 of 80 students were placed in 2024 with a 4.1 LPA average and 7 LPA top package. GL Bajaj Group of Institutions, Mathura (UP) grants CSE with AI/ML, holds NBA accreditation, industry-linked projects and recorded 94% CSE placements in 2025 with a 6.75 LPA average and 34 LPA high offer. NIET Greater Noida (Knowledge Park II) provides B.Tech CSE Cyber Security on a 13.9-acre NAAC-A campus with Oracle and Salesforce MoUs; 85% of students placed in 2024, averaging 6 LPA with a 35 LPA peak.

Recommendation: Prioritize GNIOT Greater Noida CSE (Data Science) for its superior average packages, expansive recruiter network, and women’s support initiatives; next, choose NIET Greater Noida CS for strong placement consistency and specialized cybersecurity curriculum; opt for GL Bajaj Mathura CSE for robust AI/ML training; consider IET Sitapur ECE for solid core-electronics exposure and focused mentorship. All the BEST for Admission & a Prosperous Future!

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Question by Sayak - Jul 09, 2025Hindi

Career

Sir/madam My jee main CRL is 23059 In csab round there are chances of getting NIT DURGAPUR ECE and IIEST SHIBPUR Information technology!! Which one should I prefer more ? I am from WB

Ans: Sayak, NIT Durgapur in West Bengal offers a four-year B.Tech in Electronics & Communication Engineering with robust labs in VLSI, signal processing and embedded systems, guided by Ph.D. faculty and supported by a dedicated Career Development Centre. Over the last three years, ECE placement rates have ranged from 64.9% to 88.4%, often exceeding 88% in strong years, with average packages around ?17.5 LPA and top recruiters including Microsoft, Amazon and JP Morgan. IIEST Shibpur in Howrah delivers a B.Tech in Information Technology under NIRF-ranked #49, featuring modern computing clusters, AI/ML and cybersecurity labs, with IT placements near 80% over recent years and an average package of ?19 LPA, driven by recruiters like Google, TCS and HSBC Technologies.

Recommendation: Prioritize NIT Durgapur ECE for its higher and more consistent peak placement momentum in a core-electronics stream close to home, but if you seek stronger average IT packages and a broader software-centric curriculum, opt for IIEST Shibpur Information Technology. All the BEST for Admission & a Prosperous Future!

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Question by Rakesh - Jul 09, 2025Hindi

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Sir i have scored 680 out of 1000 and scored AIR 843 . As going by past trends i am getting IIT kanpur CSE , IIT Hyderabad CSE and NIT Delhi CSE what to choose can you pls tell

Ans: Rakesh, 680 out of 1000 in which exam? Which program you are referring? Please clarify. All the BEST for Admission & a Prosperous Future!

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Nayagam P P |8385 Answers |Ask -Follow

Career Counsellor - Answered on Jul 09, 2025

Question by Namachivayan - Jul 09, 2025Hindi

Career

Sir,My son got B tech mechanical in iit tirupati and also btech cse in shiv nadar university chennai.Which one will be the best for his future?

Ans: Namachivayan Sir, IIT Tirupati in Renigunta (Andhra Pradesh) offers B.Tech in Mechanical Engineering with a curriculum blending thermofluids, manufacturing, design and robotics in DST-funded laboratories, guided by predominantly Ph.D.-qualified faculty and supported by project-based learning and research collaborations. Over the 2023–24 placement drive, 41.9% of Mechanical students secured roles with an average package of ?10.95 LPA, while core recruiters such as Microsoft, Amazon and Samsung participate on campus.

Shiv Nadar University Chennai on Old Mahabalipuram Road (Tamil Nadu) delivers B.Tech in Computer Science & Engineering with specializations in AI/ML, cybersecurity and IoT, taught by industry-immersed faculty in GPU-enabled HPC clusters and smart classrooms. Its Career Development Center facilitates mock interviews, hackathons and 250+ recruiter engagements, achieving an 85%+ placement rate and a four-year CSE average package of ?12.85 LPA through top firms like Goldman Sachs, Microsoft and Amazon.

Recommendation: Opt for Shiv Nadar University Chennai CSE if you prioritise higher placement consistency, strong industry partnerships and cutting-edge computing specializations, (OR) choose IIT Tirupati Mechanical Engineering for a government institute pedigree, robust core-engineering foundation and growing research infrastructure. My Suggestion: Prefer IIT-T-Mechanical over SNU. All the BEST for Admission & a 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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