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Mahesh Padmanabhan  | Answer  |Ask -

Tax Expert - Answered on May 03, 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 03, 2023Hindi
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Money

Hello Mahesh, for a person with a salary of more than 30 lakhs and just 80C investment and NPS investment ( Personal + Corporate ), is new regime better or the old one ?

Ans: Hi,
Corporate NPS u/s 80CCD(2) will be relevant in checking the efficacy of options. If we consider that Corporate NPS is outside the Rs. 30 Lakhs and assuming that 80C deduction is Rs. 1.50 Lakhs then the new tax regime is best for you.

You could check the comparison using the following 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.
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Asked by Anonymous - Jun 10, 2025
Career
95 marks obc ncl girl child in IAT. Any chance for any IISER
Ans: Your 95 marks as an OBC-NCL female candidate presents excellent admission prospects at multiple IISER institutions . For OBC-NCL category candidates, the expected cutoff range is 100-110 marks, with your 95 marks falling within the accessible range for several newer IISER campuses . IISER Berhampur demonstrates the most favorable prospects with OBC-NCL cutoff expected at 85-90 marks, making admission highly probable . IISER Tirupati shows OBC-NCL cutoff range of 95-105 marks, positioning your score at the borderline for potential admission . IISER Thiruvananthapuram (TVM) maintains OBC-NCL cutoff expectations of 110-120 marks, though this may be challenging with 95 marks . According to IISER marks vs rank correlation, 95-75 marks typically correspond to ranks between 1500-2000, which falls within admission range for lower-tier IISERs . IISER placement statistics show moderate outcomes with Berhampur achieving 6 students placed out of 102 eligible in 2023 with median package of ?6.27 LPA, while IISER TVM recorded 13 placements out of 181 students with ?8 LPA median package . Female representation remains low across IISERs, with women comprising only 28.8% of total admissions at IISER Pune over 2006-21, though reservation policies provide 27% quota for OBC-NCL candidates . Recommendation: Apply confidently to IISER Berhampur for assured admission with OBC-NCL cutoff at 85-90 marks, consider IISER Tirupati as viable option with 95-105 marks cutoff, while exploring IISER Thiruvananthapuram despite higher expected cutoff, as your OBC-NCL female status provides reservation benefits and multiple IISER campuses offer research-focused education with decent placement support.

All the BEST for the 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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