Home > Money > Question

Sign In | Create an account

Language:

Now in हिन्दी too

Need Expert Advice?Our Gurus Can Help

Ramalingam Kalirajan |8171 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Sep 03, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more

Question by Shaming on Sep 03, 2024Hindi

Listen

Money

Thankyou for your advice sir ....I have one more plan sir please suggest that will it work......there is commercial shop in main market yielding 38000 rent ...it's is 65 lakhs .....and value in papers is 25 lakhs ..so remaining unaccounted amt 25 lakhs and loan of 15 lakhs for 3 to 5 years ....in this way I will save my captain gain tax on 25 lakh olso ...plz suggest

Ans: It's crucial to follow legal and ethical practices. Underreporting or unaccounting the purchase value of property to evade taxes is illegal and can lead to severe penalties and legal issues. It's advisable to declare the full value of the transaction and pay the appropriate capital gains tax. You can explore other legitimate tax-saving options, such as investing in specified bonds or using exemptions under Section 54.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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.

MoneyReply

You may like to see similar questions and answers below

Samkit Maniar |180 Answers |Ask -Follow

Tax Expert - Answered on May 27, 2024

Asked by Anonymous - May 11, 2024Hindi

Listen

Money

Sir mere pas 2 residential flat h .Ek Maine purchase Kiya 2017 me 3700000 /-me or isko sale kar diya march2024 me 45 lakh me , to kitna capital gain hoga ? Maine koi or dusara residential flat purchase Kiya h 49 lakh me march2024 me apne do beto ke name se .To isme to koi capital gain nhi hua ya hoga or Maine apne name se nhi apne beto ke name se purchase Kiya h .Kya isme koi income tax ki dendari banegi ? Mai ab dusara flat jo maine purchase Kiya tha 2018 me 3690000 me home loan lekar purchase Kiya tha or ab ye 4100000 lakh me sale ho Rahi h .Ab is flat ka amount fix me jama kar sakta hoon ya beti ki shadi 2saal bad karna chahta hoon .Kya is amount se beti ki shadi kar sakta hoon ya koi or dusari residential property purchase kani hogi or income tax ki dendari banegi ya tax nhi Dena hoga abhi ispar 1600000 lakh baki h uska dekar mere pas Kewal 30 ya 31 lakh bachega .Mai koi dusari property 31 lakh ki purchase karoon fir kitna tax banega ?plz plz suggest and guide me properly.

Ans: 1. Aapki Jo bhi properties aap bechne wale hai ya bech di uspe tax nai Dena hai income tax calculations ke hisaab se.

2. Jo aapne Ghar khareeda beto ke liye usme 1% TDS kaata tha? Woh jaruri hai.

Baaki aapka Paisa hai aap jaise chahe waise istamaal kar sakte hai koi dikkat nai hai.

Ek baar akne CA se bhi salaah le lijiye.

Ramalingam Kalirajan |8171 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Jul 17, 2024

Question by Deepak - Jun 20, 2024Hindi

Listen

Money

Me and my father look after a food and beverage shop( sweets and snacks). The property is our own it's around 2200 sqft on a prime location . Now after already running it for more than 30 years we are planning to wind up the business and sell out the land which will earn a sum of rs 6 cr+ to us. And after that we plan to invest that money into different sectors( like land, real estate, equity and FDs). Other option is to mortgage the property and renovate it and put it on rental income which can yield us around 1.2 lacs per month. Now we are little confused as which option to choose. Renovation cost is around 50 lacs and winding up business is due to manpower issues. Also please explain as we sell the property and get 6 cr in hand how do we plan out investment so as to save tax mostly.

Ans: Evaluating Current Situation

You and your father run a food and beverage shop.

You own the property, which is 2200 sqft in a prime location.

You plan to sell the property for Rs. 6 crores or renovate it for rental income.

Renovation cost is around Rs. 50 lakhs, and rental income can be Rs. 1.2 lakhs per month.

Manpower issues are prompting you to consider winding up the business.

Your goal is to invest the proceeds wisely and save on taxes.

Option 1: Selling the Property

Selling the property can provide a lump sum of Rs. 6 crores.

This option can simplify your financial management.

You can invest the proceeds in diversified sectors.

Option 2: Renovating for Rental Income

Renovating can cost Rs. 50 lakhs.

It can generate Rs. 1.2 lakhs per month in rental income.

This provides a steady income stream but requires management.

Tax Considerations

Selling the property will attract capital gains tax.

Investing in specified bonds can save on capital gains tax.

You can also reinvest in another property to save on taxes.

Diversified Investment Plan

Mutual Funds

Invest in mutual funds for growth and income.

Consider equity mutual funds for long-term growth.

Hybrid funds can provide a balance of growth and stability.

Systematic Withdrawal Plan (SWP)

Use SWPs for regular income from mutual funds.

SWPs offer tax-efficient regular withdrawals.

Fixed Deposits

Invest in FDs for secure returns.

FDs provide stability and guaranteed returns.

Avoiding Index Funds

Index funds track the market but lack active management.

Actively managed funds can outperform index funds.

A Certified Financial Planner can provide tailored advice.

Avoiding Direct Funds

Direct funds seem cheaper but need professional guidance.

Regular funds, through a Certified Financial Planner, offer expert management.

Final Insights

Selling the property can provide a large corpus for diversified investments.

Renovating for rental income provides a steady cash flow but involves management.

Diversify your investments for growth, stability, and tax efficiency.

Consult a Certified Financial Planner for a detailed, personalized plan.

Appreciate your long-term planning and proactive approach to managing your assets.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

T S Khurana |427 Answers |Ask -Follow

Tax Expert - Answered on Mar 06, 2025

Question by Raj - Mar 05, 2025Hindi

Listen

Money

Sir I am asking that father already opened capital gain account for rs 20 lac last year.... Now he has 3 flat left to sell, if he sell all three flat to 3 different person, means 3 registry will made.. In this 3 flat we will get approxy 10 lac capital gain in each flat.. Means 30 lac.. So can I buy 1 residential flat for 30lac( sold 3 flat) + 20 lac (will break capital gain account) total 50 lac.... Kya mai sare gain ko 1 flat purcahse mai laga sakta hun to save all tax

Ans: 01. The basic question is from which source amount of Rs.20.00 lakh has come, which was deposited in Capital Gain Account ?
02. Yes. You can sell multiple flats & purchase one residential house property. You would be eligible for exemption u/s 54.
Most welcome for any further clarifications. Thanks.

Latest Questions

Dr Dipankar Dutta |1071 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Apr 02, 2025

Question by Dr - Mar 28, 2025Hindi

Listen

Career

My daughter scored 94.62 percentile in session 1, 2025 IIT JEE mains belongs to general category..what are the institutes she may get admission

Ans: Congratulations to your daughter for scoring a 94.62 percentile in the JEE Mains 2025 Session 1. NITs (National Institutes of Technology):
While a 94.62 percentile is a good score, the chances of getting into a top NIT with highly competitive branches like CSE or ECE may be challenging. However, she may have a good chance for branches such as:

Electrical Engineering

Civil Engineering

Mechanical Engineering

Metallurgical Engineering

Biotechnology

Environmental Engineering

She can get NITs at North Eastern States

Apart from that some IIITs have lower cutoff percentiles, so she might have a good chance

Many state engineering colleges may have a relatively lower cutoff for JEE Mains.

See Previous years' cut off

Radheshyam Zanwar |1511 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Apr 01, 2025

Asked by Anonymous - Apr 01, 2025Hindi

Listen

Career

I have secured 94.37 percentile in jee mains 2025 exam and iam an EWS general category boy . With this percentile can I get any nits with a decent branch

Ans: Hello dear.
It seems difficult to get a seat in NITs and that too in a decent branch. You may have to compromise with the core branches. But strong chances are there in IIITs. Thanks
Follow me if you like the reply.
Radheshyam

Mayank Chandel |2155 Answers |Ask -Follow

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Apr 01, 2025

Question by vinayak74 - Mar 30, 2025Hindi

Listen

Namaste Sir, My son appeared for CBSE X Boards this year. He is very good in studies. Should he join regular college or integrated classes after the results? Kindly advice. Thank you & Best Regards

Ans: Hello Vinayak Ji
Integrated classes are a good option since he has to go to college primarily for practicals & he will get ample time for preparation and self-studies.

Mayank Chandel |2155 Answers |Ask -Follow

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Apr 01, 2025

Question by Sanjay - Mar 31, 2025Hindi

Listen

Career

My Son is in now in 12th Std and is preparing to answer NEET-UG in 2027. He is studying in Integrated Coaching Academy from 11th Std onwards. Although he is getting through the coaching classes and Self Studies, would like to know your expert advise to Follow the Study pattern to score good marks.

Ans: Hello Sanjay Ji
Below is my advice, please check if you find it helpful
Create a Structured Study Plan
Daily Routine: Ensure he follows a well-planned timetable covering all three subjects—Biology, Physics, and Chemistry—every day.

Balance Coaching & Self-Study: Coaching provides guidance, but self-study is where actual learning happens. He should revise daily what was taught in class.

Fixed Study Hours: At least 6-8 hours of effective self-study beyond coaching hours.

Subject-Wise Strategy

Biology (50% weightage, high-scoring)
NCERT is key—revise line by line.
Make short notes for revision.
Diagrams & flowcharts for quick recall.
Solve MCQs from previous years and coaching materials.

Chemistry
Physical: Focus on formulas and problem-solving techniques.
Inorganic: Memorization is essential—use mnemonics and charts.
Organic: Understand reaction mechanisms, practice conversions, and focus on named reactions.

Physics
Strengthen concepts—don’t just memorize formulas.
Derivations help in understanding applications.
Solve numerical problems daily, especially from HC Verma, DC Pandey, or coaching materials.
Work on previous years’ NEET Physics questions.

Practice & Revision
Regular Tests: Take topic-wise, chapter-wise, and full-length mock tests.
Time Management: Solve NEET papers within 3 hours to simulate exam conditions.
Error Analysis: After every test, analyze mistakes and avoid repeating them.
Revision Strategy: Use the Feynman technique—explain concepts to yourself or someone else.

Mental & Physical Well-being
Avoid Burnout: Take short breaks
Healthy Lifestyle: Proper sleep (6-8 hours), exercise, and a balanced diet.
Stay Motivated: Have a vision board of goals, track progress, and maintain a positive mindset.

Hope you find this helpful.

Mayank Chandel |2155 Answers |Ask -Follow

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Apr 01, 2025

Asked by Anonymous - Mar 31, 2025Hindi

Listen

Career

Sir,which is best CSE aur CSE with any other specializations

Ans: Hi,
It depends on your son's interests and career goals. Here’s a breakdown of both options:

1. Core CSE (Computer Science and Engineering)
Covers fundamental CS concepts like algorithms, data structures, databases, operating systems, networking, and software engineering.

Provides flexibility to explore multiple domains like AI, cybersecurity, data science, or software development.

Good for students who want to keep their career options open in CS-related fields.

Generally preferred by top companies as it provides a strong foundation.

2. CSE with Specialization (AI, Data Science, Cybersecurity, IoT, etc.)
Focuses on a specific field within CSE.

May be beneficial if your son is already interested in a particular domain.

Some specializations (like AI & ML, Data Science) are in high demand.

However, it might limit flexibility if he wants to explore other areas later.

Which is Better?
If he is unsure about his exact interest, Core CSE is the safest choice as it allows exploration of different areas.

If he has a strong inclination toward AI/ML, cybersecurity, or data science, then a specialized CSE course can be beneficial.

Core CSE students can still learn specialized fields through electives, projects, or online courses.

If he is targeting top IITs, NITs, or IIITs, CSE (core) is usually the most preferred choice because of its flexibility and strong placement opportunities.

Mayank Chandel |2155 Answers |Ask -Follow

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Apr 01, 2025

Asked by Anonymous - Mar 30, 2025Hindi

Listen

Career

97.8284223%tile JEE Main 1 can I get CSE in NIT (EWS Category)?

Ans: Hi
Achieving a 97.8284223 percentile in JEE Main 2025 places you in a competitive position within the EWS category.
While the exact rank corresponding to your percentile can vary annually due to factors like exam difficulty and candidate performance, a 97.8284223 percentile typically translates to an approximate rank between 23K and 29k.

Given this estimated rank, securing admission to CSE in top NITs like Trichy, Surathkal, Warangal, and Calicut may be challenging, as their closing ranks for the EWS category are generally below 3,000. However, NITs such as NIT Delhi, VNIT Nagpur, and NIT Jaipur have had higher closing ranks, suggesting a more favorable chance for admission.?

Please note that these observations are based on previous years' data, and actual cutoffs can vary each year. It's advisable to participate in the counseling process of JOSAA & CSAB and consider multiple NITs to maximize your admission prospects.

Mayank Chandel |2155 Answers |Ask -Follow

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Apr 01, 2025

Asked by Anonymous - Apr 01, 2025Hindi

Listen

Career

i got 65 percentile in jee mains am i eligible for adv i am from st category can i start my prep for adv, last year for 64 percentile it was 11k st category rank how much approx rank could be this year, should i be in 2.5 lakh rank or am i eligible to write adv

Ans: As an ST category candidate, your eligibility for JEE Advanced depends on the qualifying cutoff percentile for your category. Based on previous years' trends, the cutoff percentile for ST candidates has ranged between 37 to 48 percentile.

Regarding your approximate category rank, a 65 percentile score typically corresponds to a general rank between 169,542 and 92,303. However, the exact ST category rank can vary each year based on the number of test-takers and their performance. Considering that in the previous year, a 64 percentile resulted in an ST category rank around 11,000, your rank this year should be in a similar range.

to be eligible for JEE Advanced, candidates must be among the top 2,50,000 qualifiers in JEE Main. Given your percentile and the expected qualifying cutoff for the ST category, it is reasonable to assume that you fall within this range.?

Additionally, you must have passed your Class XII examination with at least 65% aggregate marks or be within the top 20 percentile of your board's successful candidates.

Yogendra Arora |31 Answers |Ask -Follow

Tax Expert - Answered on Apr 01, 2025

Asked by Anonymous - Mar 31, 2025Hindi

Listen

Money

I worked for social service organization from 92 t 98 and taken PF amt after resigning. Is there a provision for claiming interest amt alone for 3 yrd after 98 Any other amt can i claim. Im now self employed. Im not aware of latest amendements .pls give clue and suggest

Ans: hi as you have withdrawn your pf after resignation, then your PF account is already closed and you will not get any interest. another point of interest if your invested post 98 - As per rules all accounts active or inactive will get interest untill the age of investor is upto 58 years, post that interest will not due on accounts become inoperative after 3 years of last investment received in the account.
in your case you have withdrawn the pf balance means account is closed.

Mayank Chandel |2155 Answers |Ask -Follow

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Apr 01, 2025

Asked by Anonymous - Apr 01, 2025Hindi

Listen

BIT Mesra CSE or NIT Raipur CSE what to choose?

Ans: Hi
Between BIT Mesra CSE and NIT Raipur CSE, here’s a comparison based on key factors:

1. Academics & Reputation:
BIT Mesra has a strong reputation for CSE, with a well-structured curriculum and good faculty.

NIT Raipur is an NIT, which holds a national-level prestige, but its CSE department is not as highly ranked as top-tier NITs.

2. Placements:
BIT Mesra CSE has excellent placements, with higher average and median packages compared to NIT Raipur. Top companies like Google, Amazon, Microsoft, and Goldman Sachs visit the campus. The average package is around 18–20 LPA, and the highest goes above 50 LPA.

NIT Raipur CSE has decent placements, but the average package (8–10 LPA) is lower compared to BIT Mesra.

3. Campus & Infrastructure:
BIT Mesra has a better campus, labs, and infrastructure compared to NIT Raipur.

NIT Raipur is improving, but its facilities are still developing.

4. Alumni Network & Brand Value:
BIT Mesra has a strong alumni network with good industry connections, especially in tech.

NIT Raipur, being an NIT, offers the NIT tag, which helps for government job preferences but isn’t as strong in CSE placements compared to BIT Mesra.

5. Coding Culture & Competitions:
BIT Mesra has an excellent coding culture, with students excelling in ICPC and open-source projects.

NIT Raipur has an average coding culture, but motivated students can still do well.

Final Verdict:
Choose BIT Mesra CSE if your priority is better placements, infrastructure, and coding culture.
Choose NIT Raipur CSE if you strongly prefer the NIT tag and government job advantages.

Anu Krishna |1576 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on Apr 01, 2025

Question by solar - Mar 27, 2025Hindi

Listen

Relationship

I am in relationship with a girl for 6 year but now her parents almost fix her arrange marriage and they dont care about her choice they didnot even consider her opinion about the boy they met ..except her everyone in family like the boy because he is rich and handling his father business and here i am i dont have job i am preparing for government job i asked her family please give me some time i,ll get the job this year but they say we cant agree for the possibility of you getting job or not and her mother say we dont allow intercaste marriage i am sc and she is general and pandit .. i am 26year old what should i do .. i think ab uske parents jada jaldi krre hai shadi k loye because unhone merse baat krli to unko dhr hai ki m kuch esa vsa na krdu jisse unki society me respect vghra ko khtra hoga isliye or vo jada rishtedaro ki sunre hai... mne apni gf ko bola hai ki filhal jb tk job nhi lgti meri tb tk unhe boldo ki mere sath ab kuch nhi h that she blocks me or vo apni side se tb tk rishtey ko mna krti rhe pr uske ghr vale uska opinion about boy consider hi ni krre hai jo unke rishtedaro ne discuss krliya ladka thik h to unhone usko haan boldi ... mujhe kya krna chaiye...her parents do all emotional blackmail to her as today they even touched her feet and said hme pta h tere liye kya shi h hmne tko pala h kuch bhi esa nhi krdio jisse hmari ijat khrab hojaye m pagal hojaunga Esi dhamkiya dere h ... or usko b kse jo rishte are h unko mna kre jisse ye na lge ghr valo ko ki mere karan naa kre jare h or rishtedaro ka b dominance kse km kre bhot sare doubts h kya krna chaiye kuch nhi smjh ara h

Ans: Dear solar,
In sab ke beech, aapke girlfriend ka kya kehna hai? Woh aapne bataaya nahin. Kya woh apne parents ko tall sakegi aur kitni der kar paayegi? Kya woh aapke jon lagne tak intezzar karna chahti hai? Aisa lag raha hai ki is rishte ka wazan aap leke ghoom rake ho...thoda apne girlfriend ke saath baithkar plan kijiye taaki woh bhi aapke saath is samasya ka hal dhoond sake.
Ek baat toh hai ki uske parents ko manaana mushkil hoga aur jab tak aapki job nahin lagti woh is rishte ke liye raazi nahin honge. Toh plan yeh karna ki jab tak aapki naukri lage, tab tak aap dono is baat ko aur is samasaya ko aur uske parents ko kaise sambhalenge. Joh bhi ho saath mein milke plan karna.

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

See more questions »

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.

Video Reply
Audio Reply

WhatsApp
Facebook
Twitter
Copy link

Delete

Close

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus

Sign up

email

uname

mobile no

Country Code

Mobile number

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

LOGIN

x