Will I have to pay taxes if my only income is ₹12 lakhs from RBI bonds?

Ans: Srinivasa Sir, With a KCET rank of 10,100 residing in Mangalore, your son qualifies for Computer Science & Engineering at most reputable Mangalore colleges, as the 2024 general category closing ranks for CSE at institutions like Canara Engineering College (43,000), MITE (29,833), and SJEC (16,844) are higher than 10,100. Key options include 1. NMAM Institute of Technology, Nitte University, 2. St Joseph Engineering College, 3. Mangalore Institute of Technology and Engineering, 4. Canara Engineering College, 5. Srinivas Institute of Technology, 6. Alva’s Institute of Engineering and Technology, 7. Shree Devi Institute of Technology, 8. Yenepoya Institute of Technology, 9. Sahyadri College of Engineering and Management, and 10. Srinivas University. NMAMIT consistently places 90–95% of graduates, SJEC records around 89% placement, and MITE achieves top recruiter offers with a highest package of ?50 LPA and a median of ?4.6 LPA. Canara Engineering College, CEC Mangalore, closes CSE seats around 42,915; Srinivas Institute of Technology places about 60% of its students; Alva’s Institute achieves 83.9% placements; Shree Devi Institute sees 90–95% campus hire; Yenepoya Institute secures 80% placement rate in CSE; Sahyadri College reports a highest package of ?43.43 LPA with an average of ?3.5–4 LPA; and Srinivas University places about 60% of its engineering cohort. Considering your rank and placement records, these colleges offer strong academic and career prospects. The recommendation is to prioritize NMAMIT and SJEC for their exceptional placement consistency and robust industry connections, followed by MITE, CEC, Alva’s, Shree Devi, YIT, Sahyadri, SIT, and Srinivas University as viable options. All the BEST for the Admission & a Prosperous Future!

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