Hi Expert, My CTC is 12 Lakhs. I have home loan interest of INR 1,60,000 and principle of approx INR 80,000, ELSS 36,000, Life Insurance 12,000, Tuition Fee 60,000, Medical Insurance 26,000, PPF 50,000 to1,00,000. these are my planned annual investments. I need you help to choose new tax regime or old tax regime. can you help, please.

Ans: It’s interesting, isn’t it, how relationships often mirror the patterns of communication we create within them? When one partner feels distant or unwilling to talk, it’s less about them giving up and more about a shift in the way they’ve been feeling understood—or misunderstood.

You see, communication isn’t just about words; it’s about emotions, intentions, and the unspoken messages we convey. If your partner isn’t talking, perhaps they’re saying something without words. And that’s where curiosity becomes your ally.

Instead of focusing on the silence, what if you shifted your attention to understanding what that silence represents? Maybe it’s disappointment, frustration, or even fear. But the key is, you can’t solve what you assume—it’s about discovering what’s really there.

And let me ask you this: if you were to step into their shoes for a moment—just imagine being them—what might they feel? What might they need to hear from you, or perhaps sense from your presence, that could bring a spark of connection back into the conversation?

Love is rarely about giving up. It’s about learning to communicate in a way that feels safe and understood. And if you’re willing to stay open, willing to listen to the quiet messages, you may find a new way forward—one step at a time.

Ans: Dear Anonymous,
Trust me, the right thing is to inform her parents about this. Torture is a serious matter and she should not have to tolerate that. I am very sorry that this is happening to her, but please encourage her to break up with the guy and tell her parents the truth. She can simply tell that she used to like someone, but does not anymore. This way, the guy can't blackmail her anymore and her parents will also know that she is not involved with him anymore.

Hope this helps.

Ans: Hello Dear
As far as the NRI quota is concerned, it is better to visit the official website of the said college or directly talk to the administration for more accurate and reliable information. The fee changes and varies institute-wise. If your daughter scores well, she can get admission to Pondicherry through CENTAC (CENTRALISED ADMISSION COMMITTEE). It is not clear why you are only focussing on Pondicherry. There are many colleges where your daughter can get admission through the NRI quota easily either in a college or a good private college. The flow of patients is almost the same to Govt and Pvt college.

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Radheshyam

Ans: Hello dear.
Here is the point-wise reply to your question:
(1) Visit any IIT website (i.e. IIT Delhi or Kanpur), and you will get the list of state-wise. or simply copy the following link and paste it into your browser: https://sites.google.com/d/1Jkk3M1VMmz-cAt9715bsTdB8_-HX3zhc/p/1tl1rYT3HOt1z5JjSkfujneMhN6FJCOpo/edit
(2) To become IITan, first crack JEE (Main) and then JEE (Adv). Get admission to IIT College based on your rank. Pass the course. Then you will be called/recognized as IITas.
(3) Cutoff varies from institution to institution and course-wise. It would be better to visit the Kanpur / Madras IIT websites to know the exact cutoff branch-wise.
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Radheshyam

Ans: Investing Rs 10 lakhs for your child’s education is a thoughtful decision.

Your child is 4 months old, so you have a long investment horizon.

Currently, SIF is not yet launched or operational.

Equity Mutual Funds: A Reliable Option
Equity mutual funds are proven for long-term goals like education.

They offer inflation-beating growth over a 15-18 year period.

Start investing now to benefit from compounding.

Choose funds with a consistent track record.

Wait and Observe SIF Performance
SIF is a new asset class and lacks a performance track record.

It’s wise to wait for its launch and review its stability.

Assess the fund's returns, risk profile, and management quality.

Investing in an untested asset could increase risks unnecessarily.

Diversify Investments Over Time
Initially, focus on equity mutual funds for growth.

Later, as SIF stabilises and performs well, consider it.

Diversify across asset classes gradually based on market insights.

Final Insights
Begin with equity mutual funds for your child’s education fund.

Monitor SIF's launch and performance over the next few years.

Decide on SIF only after it demonstrates a solid track record.

Keep your investments aligned with your long-term goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

Ans: Hello;

Is it possible for you to make a partial withdrawal from GPF?

If yes, then use it to repay the loan and reduce the EMI burden commensurately.

Never do investment with borrowed money, except for home meant for self use.

Worst case sell agricultural land or plot and use the proceeds to reduce outstanding loan and hence EMI outgo.

Best wishes;

Ans: Hello;

Your current monthly income need of 2.4 L will grow up to 12.27 L after 28 years (At your retirement age of 60) considering 6% inflation.

Assuming your expenses at retirement will reduce so you may need 75% of this income to cover your expenses at that time therefore you may need a monthly income of 9.2 L.

To generate this income you may need a corpus of 27 Cr(Min.) at the age 60 that may generate post-tax monthly income of around 9.2 L.

Your investments will grow as follows,

1. PPF: 1.5 L per person per year for 35 years will grow into a corpus of around 4.32 Cr. (6.9% return assumed)

2. LIC: policy maturity proceeds will provide 2 Cr at age 60.

3. NPS: 1 L per person per year may grow into a sum of 2.5 Cr at 60.(8% return considered)

4. MF sip of 10 K may grow into a sum of 2.05 Cr at 60. (10% return considered)

5. FD of 36 L will grow into a sum of 2.1 Cr if held till 60. (6.5% return assumed)

6. Gold in form of bonds if reinvested into gold mutual funds and held till 60 may yield a corpus of around 1.1 Cr. (7% return assumed)

7. Inherited funds if held in FD till the age of 60 may yield a corpus of 9.9 Cr.
(6.5% return considered)

8. EPF is expected to grow into a sum of around 1.8 Cr at the age of 60.(7% return considered)

A summation of investment values at 60 indicates a sum of around 25.77 Cr thereby hinting at a gap of around 1.23 Cr.

You may begin another monthly sip of 7 K now which may grow into a sum of around 1.3 Cr by 60 age.(10% return assumed)

If the mediclaim policy is from employer, do buy a personal health care cover after 50-55 for your family for post retirement needs.

I presume you both have adequate term life insurance cover apart from LIC policy.

The financial goal for your kid's education and family expansion, if any, is not factored here. You may need to plan for it suitably.

Also it appears that your allocation to equity is quite low, may be due to limited risk appetite but you have time on your side and although short to medium term(5-7 yr) equity asset class may be impacted due to volatility but over a long-term(10 yr+) they have demonstrated good inflation adjusted returns so may be you may consider to increase allocation through hybrid funds suiting your risk appetite.

Happy Investing;
X: @mars_invest

Ans: Hello;

If you start a sip of 12 K now, in a flexicap type mutual fund and continue it till you reach 50 years of age, you may accumulate 1 Cr+ corpus, as desired.

You may select any fund from the top quartile in this category.

Ensure sufficient term life cover and adequate healthcare insurance for self and family.

Happy Investing;

Ans: Hello;

If your age is below 60 and you want to exit NPS then you will get only 20% of your corpus while rest 80% you will compulsorily have to buy an annuity.

If your corpus is 2.5 L or less then you can withdraw entire amount lumpsum.

Hope you have completed minimum 5 years of contributing to NPS.

Best wishes;