I enjoy reading your posts answering all the tax queries.

I need your expert advice.

I am an NRI. I invest in stocks and mutual funds. Recently in July and August 2021, I switched three equity mutual funds from regular to direct schemes. As a result, a total of Rs 24,000 was deducted as TDS on LTCG @ 10 per cent.

I want to know if I can reclaim the TDS deducted. I do not have other income in India except for interest earned on NRE FDs which is exempt from tax. I am also receiving some dividends on shares but that is of nominal value.

I have never filed my ITR earlier as my income in India has always been below the taxable limit.

I would appreciate if you could answer my tax query.

Ans: According to the eligibility criteria of the universities where you plan to seek admission, you can choose up to four different test papers. The examination will be conducted in 2-3 shifts, with a duration of 90 minutes for each shift. Every candidate will have the opportunity to participate; thus, the NTA will organize the CUET without any controversies. You will receive more clarity during the application process.
ALL THE BEST.

POOCHO. LIFE CHANGE KARO!

Ans: Try in startup. Changing profile at 47 not advisable

Ans: Hi Rose,

Your query is incomplete. Could you please let me know your nationality and where you completed your medical studies? Did you also complete your internship?

Providing this information will help me offer you better suggestions.
with regards

Poocho. Life Change Karo!

Ans: Hi Nandu,

Greetings!

Could you please let me know which year you completed your course and whether you are currently doing an internship or apprenticeship? An internship is part of the curriculum, where students gain practical training, sometimes with a stipend and sometimes without. After completing your course, you can opt for an apprenticeship, which typically lasts one to one and a half years and includes a stipend, usually split 50%-50% between the industry and government.

If you are in the internship phase, please inform me about the specific field you are working in. Initially, you may not expect a high salary, but after gaining expertise in your field, your compensation will improve. Typically, this takes about three years, so it’s important to focus on skill acquisition for a better future.

If your internship aligns with your field of study, I encourage you to continue and consider starting a medical lab or exploring opportunities in medical devices related to biochemistry. However, pursuing a career in pharmaceutical production may not be suitable for you, as it is a different field, and you may find it challenging to grasp the processes involved since you are currently inexperienced in that area.

Please share the specific field of your internship, and I would be happy to provide more tailored advice.
with regards

Poocho. Life Change Karo!

Ans: Hello Shubhankar.
Generally, the board exam results are declared after the NEET exam is over. Hence you can appear in the NEET exam without any hurdle or hesitation.
If satisfied, please like and follow me.
If dissatisfied with the reply, please ask again without hesitation.
Thanks.

Radheshyam

Ans: Hello Benish,

Thank you for contacting us. To answer your question, yes, it's definitely possible to pursue a master's abroad in a different field, even after completing your Bachelor's in Physiotherapy! Many students choose to pivot to new career paths based on their interests. Since you're interested in the arts, you could consider programs in fields like design, media studies, or even psychology. You can also explore various options like pursuing a Master's in Healthcare Management, Public Health, or even Arts Management, which could combine both your healthcare background and your interest in the arts. The key is to identify a field that excites you, research programs that align with your skills, and be open to gaining any additional qualifications if necessary to make the switch!

For more information you can visit our website: edwiseinternational.com
You can also follow us on Instagram: @edwiseint

Ans: Hello,

To begin with, thank you for reaching out to us. To answer your question, it’s definitely possible for you to pursue an MS in AI/ML in the USA after completing your BTech in Mechanical Engineering! Since you have a solid background in engineering, you’ll likely have a good foundation in math, algorithms, and problem-solving, which are key in AI/ML. However, you might need to take some additional courses in programming, statistics, or machine learning fundamentals before applying, depending on the program. It’s important to research the specific requirements for the universities you're interested in and make sure you meet their prerequisites, but with the right preparation, your background can actually make you a strong candidate!

For more information you can visit our website: edwiseinternational.com
You can also follow us on Instagram: @edwiseint

Ans: Hello,

First of all, congrats to your son on his admission and scholarship! To answer your question, Germany offers great opportunities for international students, especially if he's willing to explore the job market after graduation. With a degree in Project Management and a strong football background, he could potentially tap into both the corporate world and the sports sector. He could even combine his project management knowledge with his football interest by working as a football team manager. The key is networking, gaining relevant experience, and possibly learning German, as it would open more doors. His age and athleticism can definitely give him an edge in both professional and sports-related careers in Germany.

For more information you can visit our website: edwiseinternational.com
You can also follow us on Instagram: @edwiseint

Ans: No, the NPS from employee contribution is not exempted under new tax regime. Only employers contribution is exempted under section 80CCD(2).

80CCD (1) - Employee's contribution to NPS - Not available under New tax Regime
80CCD (2) - Employer's contribution to NPS - Available under New tax Regime