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 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 10, 2023Hindi

Listen

Money

CTC 15 L. Saved 1.5l under 80c, interest on home loan 2l. which regime is better for me

Ans: Hi
Assuming that the home loan interest is on account of self occupied house, new tax regime may get you a small tax reduction of about Rs. 2,500

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

Mihir Tanna |1069 Answers |Ask -Follow

Tax Expert - Answered on Feb 27, 2023

Question by Bibhash - Feb 01, 2023Hindi

Listen

Money

Hi, my annual CTC around 16 lakh around. I get deduction for home loan of 2 lakhs plus 1.5 lakhs 80C deduction. Which one will be good option for me now new tax regimen or the existing? Please suggest.

Ans: Person having taxable income around 16 lacs and take deduction less than 4.25 lacs from housing loan/80C/80D, can opt for new tax regime as new slab rate is likely to be beneficial as per budget proposed for FY 2023-24

Anil Rego | Answer |Ask -Follow

Financial Planner - Answered on Feb 10, 2023

Question by Yogesh - Feb 05, 2023Hindi

Listen

Money

I have 200000 saving in 80c and 80ccd and 70000 housing loan interest in sec 24 and my gross is 15l which regime is better

Ans: The new regime maybe better for you. Note that you are exceeding the limit under 80c

Mihir Tanna |1069 Answers |Ask -Follow

Tax Expert - Answered on Feb 23, 2023

Question by Rahul - Feb 07, 2023Hindi

Listen

Money

Hi Mihir, My ctc is 26 lpa. which regime i shud opt for. I have home loan and other investments under 80C. also medical insurance of 25000 per year.

Ans: Person having taxable income of 26 lakhs and take deduction less than 4.25 lacs from housing loan/80C/80D, can opt for new tax regime as new slab rate is likely to be beneficial as per budget proposed for FY 2023-24

Mihir Tanna |1069 Answers |Ask -Follow

Tax Expert - Answered on Feb 23, 2023

Question by Swapnil - Feb 10, 2023Hindi

Listen

Money

I have 1.5 lacs investment in 80c and in other like mediclaim and house rent about 80,000 put together.Which regime is better

Ans: New slab rate under new tax regime is likely to be beneficial as per budget proposed for FY 2023-24

Mihir Tanna |1069 Answers |Ask -Follow

Tax Expert - Answered on Feb 28, 2023

Question by Tupt - Feb 23, 2023Hindi

Listen

Money

Sir, I have a CTC of 29 L deductions include ( 1.5 Lakhs +50000 Nps +home loan intrest 100000 .I am planning to close my home loan . I have currently opted for old regime, please let me that going forward which regime would be useful for me.

Ans: Person having taxable income around 29 lacs and take deduction less than 4.25 lacs from housing loan/80C/80D, can opt for new tax regime as new slab rate is likely to be beneficial as per budget proposed for FY 2023-24

In future, you can calculate the tax from following link :

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

Latest Questions

Nayagam P P |9267 Answers |Ask -Follow

Career Counsellor - Answered on Jul 22, 2025

Question by Priyanka - Jul 22, 2025Hindi

Career

My son got 245 in bits .He can get any Brecht branch

Ans: Priyanka Madam, by now your son must have been allotted/not allotted any seat by BITS. Please update the status for today. However, please note, A BITSAT score of 245 situates you within the previous two years’ closing-score bands for core engineering streams at the Pilani, Goa, and Hyderabad campuses. At Pilani, the B.E. Chemical Engineering cutoff ranged from 224 in 2023 to 247 in 2024, placing your 245 close to the 2024 threshold and comfortably above 2023’s mark; B.E. Civil Engineering closed at 213 and 238, making admission highly probable; and B.E. Manufacturing Engineering cutoffs of 220 and 243 indicate a strong likelihood of allotment. At Goa, Chemical Engineering closed at 239 in 2024 and 248 in 2023, and Civil around – (not offered in 2024) – but Pilani-equivalent streams suggest safe admission; Manufacturing cutoffs mirror Pilani trends, bolstering your prospects. At Hyderabad, Chemical Engineering cutoffs of 238 and 209 over the two years ensure a secure allotment, while Civil Engineering’s 235–204 band similarly favors your score; Manufacturing at Hyderabad showed closing marks near 218–251, indicating moderate probability. Across campuses, Civil and Manufacturing remain reliably within reach, Chemical at Pilani may require waitlist movement but is feasible given historical fluctuations, and all three streams at Hyderabad and Goa present strong chances. Additional seats open during special iterations further enhance admit probabilities.

Recommendation: Considering consistent cutoff trends and seat matrices, prioritize B.E. Civil and Manufacturing Engineering at BITS Pilani for guaranteed allotment, consider Chemical Engineering at Pilani via waitlist movement, and secure Chemical, Civil, or Manufacturing Engineering at BITS Hyderabad or Goa for assured admission, capitalizing on slightly lower cutoffs and ample seat availability. All the BEST for a Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

Nayagam P P |9267 Answers |Ask -Follow

Career Counsellor - Answered on Jul 22, 2025

Question by Manjunath - Jul 18, 2025Hindi

Career

I am working as Business Analyst from past 4 years but I wanted to move to technical role. I have done Btech in CSE from tier-3 college. I wanted some advise on the the best way to switch to a tech role. 1. Taking some online boot camp to get in-depth knowledge and doing side projects over the weekends 2. Taking WILP from BITS in Software engineering/ data science 3. Prepare from GATE 2026 and aim for IITs

Ans: Manjunath Sir, To shift into a technical position, integrating structured learning, credentialing, and practical experience is essential. The recommended pathway combines immersive project-based training with a recognized postgraduate credential while keeping a long-term goal of elite technical qualification. Begin with a part-time online software engineering or data science bootcamp, dedicating weekends to substantial portfolio projects to build hands-on skills and confidence in key stacks . Concurrently, enroll in BITS Pilani’s Work-Integrated M.Tech (Software Engineering or Data Science & Engineering) to earn a UGC-approved postgraduate degree without leaving your job, benefitting from weekend live classes, remote labs covering full-stack or analytics tools, and a final semester dissertation that bridges theory with organizational impact . This dual track—bootcamp plus WILP—provides immediate upskilling, peer and mentor networks, and a formal degree. After 12–18 months, if aiming for top-tier R&D or core engineering roles, commence GATE 2026 preparation via a structured three-phase roadmap: concept building (June–August), full-length practice (September–November), and final mock-test calibration (December–January), targeting a CSE rank

Pradeep Pramanik |241 Answers |Ask -Follow

Career And Placement Consultant - Answered on Jul 22, 2025

Asked by Anonymous - Jul 21, 2025Hindi

Career

Sir I had asked many times but got no answer please tell VNIT Nagpur civil engineering vs nit Rourkela civil engineering... What to choose and why

Ans: Dear The reasons which one to choose and why is not a simple question.
Both are good colleges . However , You can consider NIT Rourkela for Civil engineering.
Normally, the factors like past Campus placement records & the average salary offered are considered .

Pradeep Pramanik |241 Answers |Ask -Follow

Career And Placement Consultant - Answered on Jul 22, 2025

Question by yash - Jul 21, 2025Hindi

Career

Sir I did 12 in 2016-17 I appeared in practical exam but in final exam I was absent I have 12 failed marksheet with me and I do 12 again and appear in jee mains please sir answer me I am very confused and I came with hope to make my life better your answer will mean much to me

Ans: Dear Yash, If you are sure and confident that after almost 8-9 years of gap "You cn cope up with the studeies and secure better marks and clear JEE Mains / advanced, I will appreciate . However as the gap is too big and will not be easy to concetrate in studies due to oth'er factors around you. The only thing is 'your honest efforts and dedication. If so , there is no problem. .

Pradeep Pramanik |241 Answers |Ask -Follow

Career And Placement Consultant - Answered on Jul 22, 2025

Question by priya - Jul 22, 2025Hindi

Career

Sir My son got bits Goa campus mechanical engineering Thapar CSE PES CSE Which one to gor forward with

Ans: Dear Ms. Priya , for 'your son I will suggest Thapar CSE .

Pradeep Pramanik |241 Answers |Ask -Follow

Career And Placement Consultant - Answered on Jul 22, 2025

Question by Tanishka - Jul 22, 2025Hindi

Career

Sir pls suggest COEP Pune CSE or Nit Nagpur ECE or nit Warangal ECE+VLSI or nit rourkela Electrical

Ans: Dear Tanishka , In my opinion , You may opt for two COEP Pune for CSE or NIT Rourkela for ECE VLSI . Thanks

Pradeep Pramanik |241 Answers |Ask -Follow

Career And Placement Consultant - Answered on Jul 22, 2025

Question by Soumalya - Jul 22, 2025Hindi

Career

I am getting tier 2 iiit cse/ece like iiit nagpur,kota,kalyani, sricity,kottayam,una and also getting metallurgy, mining, production, biotech in NITs like raipur,arunachal pradesh,srinagar, agartala, hamirpur....what should I focus on?

Ans: Dar Soumalya , These courses from Different colleges have no similarity .. Before you finally pin down on any course , 'you must consider certain points : Your own interest , course fee and college , financial conditions , Future of Courses ( In next 5-10 yrs ) etc. Location , now a days is also an important factor , one has to consider . If you have interest in Mines . Metallurgy , Production Engineering You must prefer to join on prority.

Pradeep Pramanik |241 Answers |Ask -Follow

Career And Placement Consultant - Answered on Jul 22, 2025

Asked by Anonymous - Jul 22, 2025Hindi

Career

Which one to Choose Robotics and AI at Thapar Patiala or Mechanical at LNMIIT Jaipur

Ans: Dear Pl. go for Robotics and AI from Thapar University as demand of Engineers from Robotics & AI / ML are more .

Pradeep Pramanik |241 Answers |Ask -Follow

Career And Placement Consultant - Answered on Jul 22, 2025

Question by Lalit - Jul 22, 2025Hindi

Career

Sir kindly suggest M.Sc. Biological Sciences from BITS Pilani OR EVDT from NSUT Dwarka

Ans: Dear Mr. Lalit , Your options are pole apart . M.Sc in Bio Sciences , from BITS Pilani , Both courses and institute are well known and offers decent career where as Engineering in Environment , Vulnerability Decision Technology from NSUT Dwarka is comparatably new engineering course but has great future in coming years . In fact unlike past En'gineering courses in Newer fields are more in demand and career growth and packages offered are impressive. So you can choose as per your interest . However , If you want my opinion ,I would suggest you to go for EVDT .

Pradeep Pramanik |241 Answers |Ask -Follow

Career And Placement Consultant - Answered on Jul 22, 2025

Question by Praveen - Jul 22, 2025Hindi

Career

My son doing CSe from IIIt bhuvneshwar but not he got IIT plz siggest

Ans: Dear Mr. Praveen , When your son has already been studying in IIIT Bhubaneswar why to worry much . I have always been mentioning , Its your own honest efforts and sincere studies that will make the difference , not the college from where you obtained the degree. In the recent past , manystudents from comparatively lesser known colleges commanded higher packages than top college students. .

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