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Vivek Lala | Answer |Ask -Follow

Tax, MF Expert - Answered on Mar 11, 2023

Vivek Lala has been working as a tax planner since 2018. His expertise lies in making personalised tax budgets and tax forecasts for individuals. As a tax advisor, he takes pride in simplifying tax complications for his clients using simple, easy-to-understand language.
Lala cleared his chartered accountancy exam in 2018 and completed his articleship with Chaturvedi and Shah. ... more

Question by Tarun on Feb 28, 2023Hindi

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I am an NRI for last two years. If I plan to come to India in Jun 2023, does my foreign income (Dubai) from Apr to Jun 23 become taxable for FY 24 in India? I am salaried and there is no business or rental income abroad

Ans: If you don not follow the rules for an NRI as per the IT Act for FY24 , then you will be residential individual and not a NRI due to which all the income will be taxable.

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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Asked by Anonymous - Jul 16, 2024Hindi

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I am working in Dubai at an MNC company since May 2022. I am thinking of coming back to India this year. Will I have to pay any tax in India on the income that I have earned in Dubai between May 2022 and June 2024?

Ans: Most likely, you will not have to pay taxes in India on your income earned in Dubai between May 2022 and June 2024. Here's why:

• No income tax in Dubai: The United Arab Emirates (UAE), which includes Dubai, does not levy personal income tax on its residents or even foreign nationals living there.
• India-UAE Double Taxation Avoidance Agreement (DTAA): India and UAE have a DTAA in place. This agreement prevents double taxation on the same income earned in both countries.
• NRIs and Indian taxation: Since you're working in Dubai, you're likely considered a Non-Resident Indian (NRI) for Indian tax purposes. NRIs generally don't pay Indian income tax on income earned outside India.

However, there are a few things to keep in mind:

• Indian income: This benefit applies only to your income earned in Dubai. If you have any income sources in India (rental income, investments etc.), you might need to pay taxes on those in India.
• Residential status: Your residential status for tax purposes is determined by various factors like stay duration in India. It's best to consult a tax advisor if your situation regarding residential status is unclear.

For a more definitive answer, consulting a chartered accountant or tax advisor specialising in NRI taxation is recommended. They can assess your specific situation and provide personalized advice.

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Asked by Anonymous - May 03, 2025

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My daughter as got 97% in puc board exam, and in kcet she expect 130 marks and her jee mains 90 percentile, we are in state cat1 and in central obc ncl, which college can get and which branch is best for now a days treand

Ans: Forget about the trend of now a days. You people the guardians misguide your children. First try to go deep and know the choice of your daughter. What will you know by the trend of present day? If I say Robotics is the trend of present day would you go for it without which your daughter likes. knowing the interest and capabilities of your daughter. Always try to go for the stream which suits your daughter. Even a chef can be an international celebrity. She should try for low ranked NITs and IIIts and the Govt. run state engineering colleges in the state where she is having her domicile certificates. In India the parents need more counselling than the children.

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Career Counsellor - Answered on May 05, 2025

Asked by Anonymous - May 04, 2025

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Sir i am a 12th bio student but i want to take btech cse so what are the basic knowledge that i should know before taking cse?

Ans: For taking CSE in 12th PCM is generally compulsory. Completing 12th standard with Physics, Chemistry, and Mathematics (PCM) is generally required for pursuing Computer Engineering (B.Tech) programs in India. While some private universities may offer admissions for students with different subject combinations (like PCB), the most common and widely accepted path for engineering, including Computer Science, is through the PCM stream.

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MHT-CET, IIT-JEE, NEET-UG Expert - Answered on May 05, 2025

Question by Rohan - May 05, 2025

Career

Sir , i got 95.5 percentile in JEE mains , which is 67000crl and 20000obc. i think i might not be able to crack jee advance. i have also written vitee and got 18000 rank. I am also writing bitsat. I am interested in mechanical and electrical field . which college should i choose among GFTIS like BIT mesra, VIT, Bits pilani and north east nits for me to have a good career. or should i repeat and try to aim to getter a bttr jee main and advance rank

Ans: Hello Rohan
Congratulations on clearing the JEE (M). Underestimating yourself regarding any examination is not the proper approach towards the goal you have set. Appear for the JEE (A) without fear and without any expectations for the result. You will gain admission to BITS if you meet the required cutoff in BITSAT. You have two options: electrical or mechanical. Both branches have their own merits. You need to choose which field you wish to work in the future. If you are willing to go to the newly formed NITs in the North-East regions, then prefer that option. Choosing between GFTIs, BIT Mesra, or VIT can be somewhat confusing. You did not mention your hometown, so I am unable to guide you properly. However, to choose among these three options, prioritize GFTIs if possible. Considering a repeat attempt at the JEE is generally not recommended. Yet, if you have the patience and full confidence to succeed in both JEEs, then you may consider repeating. Best of luck with your upcoming BITSAT examination. Last suggestion: among the two options, Mechanical and Electrical, choose Electrical if possible. You can either pursue a job or start your own business in the energy sector.
Follow me if you like the reply. Thanks
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Asked by Anonymous - May 04, 2025

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Sir I have got 80k crl and 25k obc rank in jee mains, i didn't give any other exams and I'm not sure if I'll be able to crack advance.. (delhi home state so I can get MnC in DTU) I'm confused ki I should apply for bitsat or not given financially my condition isn't good and I'll have to take a loan for the entire fees of it..

Ans: As you have previously stated, it is challenging to achieve a Common Rank of 80K in JEE-Advance. However, it is possible to make an endeavor. Secondly, it is important to observe that a minimum score of 280 out of 390 is required for BITS CS Branches and/or 250 for other in-demand branches. The majority of students make the error of applying for or appearing in an insufficient number of exams. Consequently, I consistently advise appearing in a minimum of 8-10 entrance exams as a backup. MnC from DTU provides exceptional opportunities, particularly for students who are interested in data science, analytics, and computing. It is consistently one of the most successful branches at DTU, following CSE, with a ROI that is comparable or superior. I recommend that you also engage in JoSAA Counseling and select the maximum number of preferred options that best suit your interests, as well as the institute's reputation and placement records.Please review one of my responses (a step-by-step guide) regarding the likelihood of admission to NIT/IIIT/GFTI as a value-added resource. Alternatively, you may view the EduJob360 YouTube video on the JoSAA Counselling Process. All the Best for Your Admissions!

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Career Counsellor - Answered on May 05, 2025

Question by Samriddh - May 04, 2025

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Hello sir My son is selected for BS degree from IIT M .. is it beneficial if he opts it along with btech in mechanical .. his jee 2025 score is 95.20 general category from rajasthan.. he is interested in i mechanical engineering. We are waiting to get a college for that. also suggest colleges for mechanical engineering .. will he be able to do both degrees simultaneously?

Ans: Samriddh Sir, IIT-M offers an online Bachelor of Science program in Data Science and Electronic Systems. I trust you are referring to BS in Data Science. A number of engineering students enroll in BS-DS during their first year and successfully complete both programs by their fourth year of engineering studies. The BS-DS will undoubtedly enhance the profile. However, please confer with your son regarding his capacity to manage both commitments, and ascertain whether the online lectures are recorded or live sessions, as well as the minimal attendance % required. Instruct him to review the Course, Curriculum, Assignments, Exams (whether offline or online), and other pertinent material prior to enrollment. Regarding recommendations for other universities, it relies on the results of all entrance examinations your son has taken or plans to take. For mechanical engineering, you can have backups like Thapar, Amity, Shiv Nadar, etc. All the Best for Your Son's Admissions!

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Question by Anmol - May 04, 2025

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Hello Team, my brother gave his 12 class exams with PCB in March 2025. Is it possible to get into engineering next year by giving an additional Mathematics exam ? There are certain doubts that:- 1. Can he give only class 12th additional Mathematics exam ? 2. Does JOSAA accept two marksheets ? The original PCB marksheet + The additional Mathematics marksheet ?

Ans: Anmol, Your brother can pursue engineering next year by appearing for an additional Mathematics exam. Most Indian school boards allow students to appear for an additional subject after completing their Class 12th. The result will be issued as an additional marksheet or combined marksheet, depending on the board. JoSAA requires candidates to have passed 10+2 with Physics and Mathematics as compulsory subjects for B.Tech eligibility. Acceptance depends on whether the additional Mathematics marksheet is considered "equivalent" to a regular 12th-grade pass with PCM. Alternative solutions include giving JEE with Additional Math, pursuing a 3-year Diploma in Engineering (Polytechnic) and entering into the 2nd year of B.Tech via Lateral Entry Exams (LEET), or attending private/deemed universities. It is important to consult your brother's board to ensure they allow only additional Math and the marksheet will be valid for engineering entrance eligibility. All the Best for Your Admissions!

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Question by Piyush - May 04, 2025

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ECE at KIIT vs 77.4k rank, expected branch at VIT

Ans: Piyush, Prefer to join ECE at KIIT. If your VIT rank is 77.4K, you will be placed in a higher category than Category 4, and you will be required to pay a significant amount of fees. Have some other Colleges/Universities also as back-ups such as Thapar, Amita, PES etc. All the Best for Your Admissions!

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Asked by Anonymous - May 04, 2025

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Sir my son has got 34878 in VIT,87.5 in JEE Mains, 91 marks in Manipal first attempt. He has Delhi domicile. Yet to appear in Manipal 2nd attempt and BITSAT.What are his chances?

Ans: Please specify which branch your son is interested in. Is the preference solely for CSE and its specializations, or is there openness to other branches as well? Regarding the VIT Rank, he will fall within or outside Category 3, and you should expect to spend a minimum of 3.5 to 5.00 lacs. VIT-V holds a commendable NIRF ranking and boasts impressive infrastructure, though it tends to be quite crowded. He is eligible to take part in the JAC-Delhi Counselling process; however, securing branches that are in high demand may prove challenging with an 87.5 percentile in JEE. He may consider applying to Manipal-Jaipur rather than the Karnataka Branches. For BITS, he needs to achieve at least 280 out of 390 marks to qualify for the CSE Branch. He can also take part in the CSAB Special round as a backup once the JoSAA Counselling concludes, in case there are any vacant seats remaining. Have other options too such as Thapar, Amity etc as back-ups. All the Best for Your Admissions!

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Question by Vansh - May 05, 2025

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hello sir i am getting VIT AP AND BHOPAL and UPES DEHERADUN and newton school of techonology which college i should choose

Ans: Vansh, Prefer UPES, followed by VIT-AP, VIT-Bhopal & Newton. All the Best for Your Admissions!

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MHT-CET, IIT-JEE, NEET-UG Expert - Answered on May 05, 2025

Question by Spandana - May 05, 2025

Career

What is the minimum marks I must aim for JEE ADVANCED 2025 to get a mid tier IIT (CSE)

Ans: Hello Spandana
Aim for at least 140+ marks to get admission to CSE to be safe. But remember, the cut-off varies year by year. Hence, it would be better to go through the cut-offs from previous years for more clarity.
Follow me if you like the reply.Thanks
Radhehyam

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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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