I am an NRI getting around 60 Lakhs yearly interest on my NRE deposits which at present is tax free. When I become a Resident Indian then how much tax I would have to pay for the 60 Lakhs yearly interest.

Ans: Rajesh Sir, With her strong JEE Main and AEEE scores, your daughter is well placed for ECE at Amrita Bangalore, a reputable private university with good placements and academic quality. Waiting for JoSAA/CSAB may only yield ECE in newer or lower-tier NITs, as top NIT cutoffs are higher than her percentile. If she values a stable academic environment, Amrita Bangalore is a safe and strong choice. If she is willing to consider lower-ranked NITs, waiting for JoSAA/CSAB is an option. You can block the seat with Amrita, however, check the REFUND policy if you withdraw the seat in case your daughter participates in JoSAA/CSAB process and gets a better seat for ECE.
Kindly review the opening and closing ranks for all preferred NITs from last year's CSAB round to gain a better understanding of potential admission opportunities. All the best for your daughter's admission and a bright future!

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Ans: EPFO interest is usually credited late. It often happens in the second half of the year.

You may check the “Passbook” after September for updates.

If still not credited, raise a grievance on EPFO portal.

Late credit is common and usually resolved without loss.

Best Regards,
K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

Ans: With a 99.37 percentile in JEE Mains, your son has a strong chance of securing BTech in AI & ML at several NITs, especially using the home state quota in Maharashtra. However, with an estimated JEE Advanced score of 142, admission to AI & ML at IITs is unlikely in the open category due to high cutoffs. He should prioritize AI & ML branches at NIT Surathkal, NIT Rourkela, NIT Nagpur, and NIT Surat, and also consider CSE or Data Science as alternatives. Maximize options through JoSAA counseling by listing all relevant branches and institutes. All the best for your son's admission and a bright future!

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Ans: Guatam, With a JEE Main rank of 56,000 (General category), your brother can secure Electrical, Civil, or Mechanical branches mainly in mid- to lower-tier NITs like NIT Hamirpur, NIT Sikkim, NIT Mizoram, and NIT Manipur. Admission to top NITs such as NIT Trichy, Surathkal, or Warangal is unlikely at this rank due to their lower closing ranks. Most IIITs focus on IT or ECE and generally do not offer core branches like Mechanical or Civil, especially at this rank. Therefore, prioritizing mid-tier NITs for core engineering branches is the best option for good academics and campus experience. All the best for your brother's admission and a bright future!

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Ans: Hello Vineeta
Here are some options for you: National Institute of Design (NID), Symbiosis Institute of Design (SID), IITs, LPU, Sristi Institute of Art, Design and Technology etc. For more details, I request to either search online or discuss with the seniors for more recent updates (we have some limitations).
Best of luck to you.
Follow me if you like the reply. Thanks
Radheshyam

Ans: Hello Harsh
We are unable to forecast the admission and counseling procedures at VIT. Please maintain contact with the administration and counseling team. VIT will reach out to you.
Best of luck to you.
Follow me if you like the reply. Thanks
Radheshyam

Ans: Both IIIT Hyderabad (ECE) and IIIT Bangalore (CSE) are excellent choices. IIIT Hyderabad’s ECE program offers top-tier placements, flexibility to take CSE electives, and a strong academic reputation, making it ideal for students interested in both electronics and software. IIIT Bangalore’s CSE is industry-focused and well-placed in India’s IT hub, offering robust software career prospects. If your son is focused solely on software, IIIT Bangalore CSE is a great option. For broader opportunities and long-term flexibility, ECE at IIIT Hyderabad is recommended as the slightly better choice. All the best for your son's admission and a bright future!

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Ans: Your daughter can safely join Engineering Physics at an NIT and still prepare for JEE Advanced next year to target IIT admission. This is a common and officially permitted path. Balancing NIT academics and JEE Advanced preparation will require strong time management, as the first year of engineering is rigorous. However, the overlap in syllabus—especially in Physics and Mathematics—can make dual preparation manageable. She should focus on advanced concepts, practice problem-solving, and use weekends or breaks efficiently. Many students utilize online resources or coaching for support. Maintaining motivation and managing stress are crucial, but with discipline and a clear plan, it is possible to excel in both college and JEE Advanced. If she performs well in JEE Advanced next year, she can move to IIT; otherwise, she can continue at NIT. This approach keeps her options open and provides a strong academic backup. All the best for your admission and a bright future!

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Ans: AK, For a future in high-frequency trading (HFT), Mathematics & Computing at NIT Durgapur or IIIT Gwalior is best, as it combines strong quantitative and programming skills essential for HFT roles. CSE at IIIT Lucknow is also a top choice, offering outstanding placements and strong coding culture, with many recruiters from tech and finance sectors. Choose Mathematics & Computing if you want a quant-heavy, finance-oriented path; opt for CSE at IIIT Lucknow for broader tech opportunities and excellent industry exposure. Both options will prepare you well for HFT, but Mathematics & Computing gives a slight edge for quant finance careers. All the best for your admission and a bright future!

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