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Sanjeev Govila |458 Answers |Ask -Follow

Financial Planner - Answered on Feb 03, 2023

Colonel Sanjeev Govila (retd) is the founder of Hum Fauji Initiatives, a financial planning company dedicated to the armed forces personnel and their families.
He has over 12 years of experience in financial planning and is a SEBI certified registered investment advisor; he is also accredited with AMFI and IRDA.... more

Question by Vijay on Feb 01, 2023Hindi

Money

Hello sir, Upto this financial year I am paying tentatively Rs238000/- appx as income tax, with annual income about 1650000/- in old tax regime. Whether I should stick to old regime or opt for new one? I don't have housing loan

Ans: Same answer as given earlier: The tax slabs themselves are very broad and your benefits depend on what sections of Income Tax Act are you taking benefit of like 80C, 80G, 80D, 80E, 24B, and HRA.

Instead of looking at broad tax slabs, please calculate yourself at this calculator as pertaining to yourself and you will be able to decide which tax regime is better for you:-
https://cleartax.in/paytax/TaxCalculator

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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Question by Sunil - Feb 01, 2023Hindi

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Hello! I am Sunil. My take home is approximately 11.5L. I have investments and i avail almost all tax exemption benefits. Should i continue with old tax system next FY or opt for new one. Please guide.

Ans: If you are available most of the tax exemptions and are fine with the cash left in hand post that - then you should continue with the old regime - but the way the govt is going about it - in the next couple of years it could be scrapped. (Disclaimer : The views given are personal. Please consult your CA or Investment Advisor/Tax Consultant before acting on my views)

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Question by N - Feb 02, 2023Hindi

sir, Greetings. For next year my taxable income shall be appx. 22 lakhs. Opting for new tax regime or the existing old one. Which shall be benificial. Rds, Rao

Ans: For a Person not availing any tax benefits (Deduction of housing loan repayment, Life insurance premium, Mediclaim, Tax saver mutual fund etc), new tax regime will be beneficial

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Tax Expert - Answered on Nov 02, 2023

Asked by Anonymous - Oct 11, 2023Hindi

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Hi, My annual salary is around 22,00,000. I've a home loan for which I pay around 17k per month as EMI. I also invest regularly in PPF and NPS. Should I go for new tax regime or stick to old one.

Ans: If person is taking maximum benefits of deduction/exemption, old tax regime is likely to be beneficial for FY 23-24. In the absence of exact amount of interest and principal repayment of housing loan as well as PPF amount, it is difficult to comment.

You can check working under both regime https://incometaxindia.gov.in/Pages/tools/tax-calculator.aspx

Mihir Tanna |1051 Answers |Ask -Follow

Tax Expert - Answered on Feb 13, 2025

Asked by Anonymous - Feb 12, 2025Hindi

Money

Dear Sir. My salary per month is Rs1,20,000. The only investment I have made is two houses for which I am paying Rs45000 EMI every Month. Since I am paying debts the following is the breakup, Monthly Salary: Rs1,20,000 Housing Loan EMI: Rs 45,000 Paying my friends who lend money + personal Loan: Rs 35,000 (which will not be considered for TAX) For Another six months I have to pay to finish the loans and Pay friends. Jewel Loan - 7lakh remaining Monthly EMI: Rs10,000 (which will not be considered for TAX) Monthly household expenses + Kids Van fees + Kids Music class Fees: Rs.25000 SIP Monthly-Not Tax saving SIP's : Rs.5,000 (From OCT 2024 -Feb 2025 Saved Rs.25,000 so far.) Total: 45000 + 35000 + 10000 + 25000 + 5000 = Rs. 1,20,000 Since this is my state of my expenses. Please tell me should I opt for Old Tax Regime or New Tax Regime. Thank you Sir.

Ans: As you dont have any deductions u/s 80C 80D 80CCD, new tax regime is likely to be beneficial for you

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Tech Careers and Skill Development Expert - Answered on Apr 30, 2025

Asked by Anonymous - Apr 19, 2025

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Male ,ews HS: gujarat secured crl:77523 and ews rank:11027 which nits,IIIT,Gfti can I get in Josaa counselling

Ans: ECE/IT: IIIT Guwahati, IIIT Bhagalpur
Mechanical: NIT Allahabad, NIT Bhopal, NIT Durgapur
Civil/Chemical: NIT Trichy, NIT Rourkela
GFTIs: SLIET Longowal, IIITDM Jabalpur

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Tech Careers and Skill Development Expert - Answered on Apr 30, 2025

Asked by Anonymous - Apr 20, 2025

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Can I get any government college with 62.05 percentile in JEE Main, CRL rank - 573029 , Home state - Uttar Pradesh

Ans: UP State Engineering Colleges (Lower Cutoffs)
College Expected Cutoff (General) Possible Branches
HBTU Kanpur ~3–4L CRL Civil, Chemical, Production
KNIT Sultanpur ~4–5L CRL Mechanical, Textile
MMMUT Gorakhpur ~4–6L CRL Civil, Electrical
BIET Jhansi ~5–6L CRL Agricultural, Mechanical
AKTU Affiliated Colleges (e.g., RKGEC Ghaziabad) >6L CRL All branches (if seats vacant)

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Tech Careers and Skill Development Expert - Answered on Apr 30, 2025

Question by multi - Apr 21, 2025

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My son got 84.1percentile in phase2 jee mains will he get admission for mechanical engineering with robotic and AI in any NIT or IIIT.

Ans: With an 84.1 percentile in JEE Main 2025 (Phase 2), your son's expected rank range is roughly 1.8–2.2 lakh (CRL). Unfortunately, this rank makes it very difficult to secure a seat in NITs or IIITs for Mechanical Engineering (with Robotics/AI specialization) under the General category. NITs (Mechanical Engineering): NIT Sikkim, NIT Mizoram, NIT Nagaland may be possible

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Tech Careers and Skill Development Expert - Answered on Apr 30, 2025

Question by Lalit - Apr 21, 2025

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My daughter has scored 98.66 percentile in IIT Mains 2025 (general category). She is keen on B. Tech. (preferred streams are any one of Computer Science, Electronics, Chemical - however reputation of the institute is of primary importance). Could you please let us know based on past years scores, what are possible institutes (NITs, IIITs, etc) where she may be able to secure a seat?

Ans: Congratulations to your daughter on achieving 98.66 percentile (General category) in JEE Main 2025.
Best Likely CSE: NIT Rourkela, NIT Allahabad, NIT Bhopal
Best Likely ECE: NIT Warangal, NIT Surathkal, NIT Calicut
Best Likely Chemical: NIT Trichy, NIT Warangal

Dr Dipankar Dutta |1187 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Apr 30, 2025

Asked by Anonymous - Apr 22, 2025

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I have filled neet exam from but I am pcm student and I am thinking about giving nios on demand exam for biology then will I face any problem? And what is the procedure of nios on demand exam registration and after that if I get good marks can I get admission from neet ?

Ans: NIOS is recognized by NTA for NEET eligibility (as per NTA NEET 2025 bulletin).

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Tech Careers and Skill Development Expert - Answered on Apr 30, 2025

Asked by Anonymous - Apr 23, 2025

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In jee mains my crl I 848092 and sc rank is 71837, which government or private top college with good placement can I expect in this scenario.

Ans: Priority: State colleges (COEP, RVCE, PSG Tech) > Private (VIT, Thapar) > Emerging (KIIT, UPES).

Apply Widely: Don’t rely only on JoSAA; use state/private admission portals.

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Tech Careers and Skill Development Expert - Answered on Apr 30, 2025

Question by Baskaran - Apr 23, 2025

Career

hi sir, my OBC-NCL rank is 8862 in JEE MAIN. Please suggest which college I will get for CSE/ECE course for my rank? Thank you.

Ans: Best CSE Options for You:
NIT Allahabad, NIT Bhopal, NIT Durgapur, NIT Jamshedpur, IIIT Guwahati
Best ECE Options for You:
NIT Warangal, NIT Surathkal, NIT Calicut, NIT Rourkela, NIT Allahabad

Dr Dipankar Dutta |1187 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Apr 30, 2025

Asked by Anonymous - Apr 23, 2025

Career

Hi with 98 percentile ews .but not able to renew ews certificate in Delhi what to do?

Ans: EWS certificates in Delhi are typically valid for 1 year (unless specified otherwise).

For JEE/JoSSA counselling, the certificate must be valid at the time of admission (not necessarily during the exam).

If the certificate expires before JoSAA document verification, renewal is mandatory.

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Tech Careers and Skill Development Expert - Answered on Apr 30, 2025

Asked by Anonymous - Apr 23, 2025

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Hello Sir, My Son got AIR 4450 & EWS Rank 480 in Jee Mains 2025. He wants to study in Computer Science (Core Branch). Can he get admission in NIT Trichy.

Ans: Congratulations to your son on achieving AIR 4450 (EWS Rank 480) in JEE Main 2025!
Computer Science at NIT Trichy is a borderline case.

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Tech Careers and Skill Development Expert - Answered on Apr 30, 2025

Asked by Anonymous - Apr 23, 2025

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Sir my son gave jee mains in 2024 alng with his 12th boards but wasnt eligible for jee adv. 2024. He gave jee mains 2025 and got eligible for hee adv. 2025. So this will be considered his 1st attempt or 2nd attempt for jee adv.

Ans: JEE Advanced Eligibility Rules state that a candidate can attempt JEE Advanced a maximum of two times in consecutive years.

Since your son was not eligible for JEE Advanced 2024 (despite appearing for JEE Main 2024), 2025 will be counted as his first attempt for JEE Advanced.

If he appears again in JEE Advanced 2026, that will be his second and final attempt.

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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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