Should I pay tax on my stock market income of less than 12 lakhs?

Ans: HI
Hi Sarthak,

You have shown a very positive attitude.
Many students are struggling to secure admission, but you seem to have a carefree attitude.
Keep in mind that your success can depend on the course you select. If there's high demand for a particular program, it can be quite difficult to gain admission.

If you're interested, I recommend reaching out to the VIT team for more information.

Vellore is a great place!

Ans: Hello dear
Securing a seat in the Computer Science Engineering (CSE) program through the official counseling process may prove difficult with the current scores. Your best option might be to explore the management quota. It is advisable to stay in contact with the administration and keep abreast of updates regarding the counseling process at VIT. Additionally, there are several colleges in Thiruvananthapuram, Kerala, that offer CSE courses; visiting these institutions in person to discuss the availability of the CSE branch with the administration could be beneficial.
Best of luck.
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Radheshyam

Ans: With a MET rank of 21,500, securing CSE at MIT Manipal (main campus) or MIT Bangalore is unlikely, as their 2024 CSE cutoffs closed at 1,633 and 5,141–5,687 respectively. However, Sikkim Manipal Institute of Technology (SMIT) offers CSE with a 2024 cutoff of 46,768, making it accessible. Alternatively, consider IT, Data Science, or ECE at MIT Manipal (cutoffs ~5,148–28,284). Prioritize SMIT for CSE or explore non-CSE branches at main campuses if branch flexibility aligns with career goals. All the BEST for your Son's Admission & a Prosperous Future!

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Ans: Hello Dr.
Prefer CSE @ Manipal
Best of luck.
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Radheshyam

Ans: Hello Neetu
You did not specify your expected CUET score or your preferred area of study. You can secure admission at Christ University while being aware of the terms regarding admission cancellation and fee refunds. Clearly communicate that you are awaiting your CUET results, and if you are accepted into your desired course through CUET, you will proceed to cancel your admission. If the fee loss is minimal, this approach of admission and subsequent cancellation at Christ can be a viable option.
Best of luck to you.
Follow me if you like the reply. Thanks
Radheshya,

Ans: Hello Neetu
You did not specify your expected CUET score or your preferred area of study. You can secure admission at Christ University while being aware of the terms regarding admission cancellation and fee refunds. Clearly communicate that you are awaiting your CUET results, and if you are accepted into your desired course through CUET, you will proceed to cancel your admission. If the fee loss is minimal, this approach of admission and subsequent cancellation at Christ can be a viable option.
Best of luck to you.
Follow me if you like the reply. Thanks
Radheshya,

Ans: Choosing between VIT Bhopal CSE AIML (Category 1), IILM CSE AIML with IBM, and LPU AIML hinges on balancing academic rigor, industry partnerships, and placement reliability. VIT Bhopal offers 90% placements for CSE AIML, supported by a robust curriculum aligned with AI/ML trends and access to 850+ recruiters like Microsoft, Amazon, and Cisco, ensuring consistent opportunities in core tech roles. Its Category 1 admission guarantees priority in placements and internships. IILM’s IBM-integrated program provides IBM-certified training, specialized projects, and 85–95% placements with firms like Deloitte and KPMG, but its higher fees (~?9.36L) and newer AI/ML ecosystem may limit niche role access compared to VIT. LPU AIML reports 70–80% placements with IT-sector recruitment (TCS, Infosys) but lacks focused AI/ML training and corporate engagement depth. While IILM’s IBM collaboration enhances skill relevance, VIT Bhopal’s established infrastructure, lower fees (~?7.92L), and higher placement traction make it preferable for students prioritizing industry-ready training and diverse tech opportunities. Opt for IILM only if IBM certifications and interdisciplinary projects are critical, and consider LPU as a budget-friendly alternative with moderate outcomes. All the BEST for your Admission & a Prosperous Future!

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Ans: Hello Neha
Prefer CSE @ UPSE-D.
Best of luck to you.
Follow me if you like the reply. Thanks.
Radheshyam

Ans: Hi,

A corpus of 3.40 crores is a large enough amount for planning a retirement. If you invest wisely and keep your expenses within a limit then you can comfortably live till age of 80 years.

Assuming an inflation of 6% on your expenses and a 12% return for the corpus investment, you can withdraw 1.5 lakh per month for expenses and still have some corpus at the end. If expenses are much higher then you may be short, if they are much less, then you will have a good corpus at the end.

So it will depend on your expenses each month.

Thanks & Regards
Janak Patel
Certified Financial Planner.