Sir, An IPO has been allotted automatically through ICICI Securities even though I did not subscribe for it. Now they are asking me to pay the allotment amount and have blocked my entire trading balance. I do not have sufficient funds for this. Please advise what should be done next and how this can be resolved?

Ans: HI RITESH,
GREETINGS FROM THE REDIFFGURUS!
Best Options for Corporate Law::
MNLU Nagpur and MNLU Aurangabad stand out as formidable options, largely due to their advantageous location near Mumbai's thriving legal hub.
Other potential NLUs to consider include NLUJA Assam, DBRANLU Sonepat, HPNLU Shimla, and RPNLU Prayagraj.

Waitlist Status at SLS:
It is common to be placed on a waitlist at SLS. If your daughter's waitlist number is low (less than 100), there is a possibility of securing a seat.

Comparison Between NLU and SLS:
If she gets admission to MNLU Mumbai or MNLU Nagpur, then an NLU is the best choice. Otherwise, SLS Pune is a better option.

BEST WISHES

Ans: HI SIR,
GREETINGS FROM THE REDIFFGURUS!

Your son can consider newer or less competitive NITs (Nagaland, Mizoram, Meghalaya, Srinagar) or ask him to apply to less popular branches (Civil, Metallurgical, Production, Biotechnology) in mid-tier NITs.

Alternatively, he may also try for GFTIs or state government colleges to secure admission.

ALL THE BEST.

Ans: HI,
GREETINGS FROM THE REDIFFGURUS!
Based on your percentile, the following state government colleges are possible for you. You have good chances of getting admission in lower branches, such as Civil, Mechanical, and Production Engineering, during state counseling at I.K. Gujral Punjab Technical University (IKGPTU) in Jalandhar and Maharaja Ranjit Singh Punjab Technical University (MRSPTU) in Bathinda. Additionally, you may find opportunities in less competitive branches at Government Funded Technical Institutions (GFTIs) during the CSAB special rounds.
ALL THE BEST.

Ans: HI PARUNANDI SIR,
GREETINGS FROM THE REDIFFGURUS!
Securing a seat in Warangal for the top branches is challenging in the early rounds based on your rank. However, it is possible to get admission to less competitive branches during special or CSAB rounds. The following branches may be available:
- Metallurgical and Materials Engineering
- Biotechnology
- Integrated M.Sc. courses

At the same time, your son will have a good chance of securing less competitive branches at NIT Rourkela, Calicut, and Jaipur, particularly in Civil or Metallurgical Engineering in the later rounds.

There are strong possibilities for Civil, Chemical, and Metallurgical in lower-tier NITs.

In NIT Srinagar, there are high chances of getting Computer Science and Engineering (CSE) or Information Technology (IT) during special rounds.

At NIT Mizoram, Manipur, and Nagaland, you can expect good chances for Electronics and Communication Engineering (ECE), Electrical and Electronics Engineering (EEE), or CSE branches.

Additionally, at NIT Raipur, Jalandhar, and Agartala, it is possible to secure a spot in ECE or Mechanical Engineering.

Make sure to actively participate in the counseling process to maximize your chances of getting the most advantageous branch for your future.

ALL THE BEST.

Ans: Dear Anonymous,
I understand where you are coming from; it's not just the post. It's about your private life being turned into public content and mockery. Your reaction is valid and yes, it is unfair. I understand her interest in building an online presence, but it has to be separated from your right to privacy. Start with a calm conversation about this; express, verbally, how her posts make you feel. Instead of saying, "You can't post about is," try saying, "When our problems become content, it hurts the relationship and me." Or, you can say, "I am so happy that you are making content, but not when it involves our problems." It's the best way to frame the expression without sounding accusatory. Be clear about your boundaries: no posts about private matters, and consent is key. Give her real-word examples, like how your friends mock you. Try to keep the conversation as less accusatory as possible, to avoid a bigger conflict. Start with communicating your feelings.

Best Wishes

Ans: It depends on type of Mutual fund (debt/equity/specified fund) and for house sale it depends on date of acquisition (Before 1.4.2001 OR After 1.4.2001 but before 23.07.2024).

In either case it is taxable at 12.5% subject to certain conditions

Ans: Hi
Aapka UP Board: 65.2%
JEE Advanced dene ke liye:
SC/ST candidates ke liye minimum 65% required hota hai
Aap 65.2% ke saath eligible ho

Ans: Order of preference: (1) RVCE (2) BMSCE (3) MSRIT (4) Dayanand Sagar (5) PES (to separately register with JEE Main Score) (6) CMR University (7) NITTE Meenakshi & (8) BIT. ALL the BEST for Your Son's Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

Ans: Property owners in a redevelopment project are generally liable to pay Capital Gains Tax on hand over of property for redevelopment and liable to pay tax in the financial year the Occupancy Certificate (OC) or Completion Certificate is received. The capital gain is the difference between the Stamp Duty Value (SDV) of the new flat (plus any cash compensation) and the indexed cost of acquisition of the old flat. Accordingly, when new flat is sold, Stamp Duty Value (on which tax is already paid) becomes the cost of acquisition.

I understand that you have not paid tax at the time of hand over of property for redevelopment, accordingly, it is advisable to contact tax consultant.