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Mahesh Padmanabhan |124 Answers |Ask -Follow

Tax Expert - Answered on Feb 02, 2023

Mahesh Padmanabhan has specialised in payroll, personal and corporate taxation for more than two and a half decades, enabling him to provide practical, realistic and correct advice to his clients.
He is a member of The Institute of Chartered Accountants of India and has a degree in cost accounting from the Institute of Cost Accountants of India.
He is also a qualified information systems auditor. ... more

Question by Amit on Feb 01, 2023Hindi

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Money

As there are two tax regimes still applicable, please suggest which regime will benefit an individual if he/she is earning approximately 9.6 lac per annum

Ans: Hi Amit
In order to compare between the two options, it would be pertinent to know the quantum of deductions that the individual could claim under the old tax regime.

In case you assume that the total amount of deductions being claimed under the old tax regime is say Rs. 3 Lakhs then you are comparing a taxable income of say Rs. 6.6 Lakhs under the old tax regime vis-a-vis say, a taxable income of about Rs. 9.10 Lakhs under the new tax regime.

With this example, your tax under the old regime may be about Rs. 46,000 and that under new tax regime may be about Rs. 48,000. So the old regime may look good in this scenario.

You would need to work out the correct numbers with right deduction details as that would change the direction of selection of the tax regime option

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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Question by Pradeep - Feb 01, 2023Hindi

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Which Tax regime (New or Old) is beneficial with different income slabs, please explain.

Ans: The tax slabs themselves are very broad and your benefits depend on what sections of Income Tax Act are you taking benefit of like 80C, 80G, 80D, 80E, 24B, and HRA.

Instead of looking at broad tax slabs, please calculate yourself at this calculator as pertaining to yourself and you will be able to decide which tax regime is better for you:-
https://cleartax.in/paytax/TaxCalculator

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Question by R - Feb 01, 2023Hindi

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Which tax regime is more beneficial for salaried persons in the annual income bracket of 25 lakh

Ans: Hello R
As a financial advisor, I would advise you to consult a chartered accountant for specific tax planning advice. They have expertise and in-depth knowledge of tax laws and regulations and can provide you with personalized strategies to minimize your tax liability. I can assist you in creating a comprehensive financial plan, but for tax planning, it is best to consult a tax professional.

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Question by Chandan - Feb 09, 2023Hindi

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I have salary+ other source(FD , S/B interest) income of 30 lacs p.a. Which regime is better for me.. I don't have any home loan or nps, So considering only 80C , what will be the tax burden in old and new regime..

Ans: Person having taxable income around 30 lacs and take deduction less than 4.25 lacs from housing loan/80C/80D, can opt for new tax regime as new slab rate is likely to be beneficial as per budget proposed for FY 2023-24

In future, you can calculate the tax from following link :

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Can you give me the information that , which type of engineering is best to choose for future demands . As all are taking the computer science AiMl , stream for the better future , is that really most demanding ? If not so , which branch is better to choose.

Ans: Short-Term (2025-2035): CSE, AI/ML, Data Science, Cybersecurity are great choices.
Long-Term (2035-2050): ECE (VLSI, chip design), Electrical (EV, renewable energy), and Mechanical (robotics) will be more stable than AI-based jobs.

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Tech Careers and Skill Development Expert - Answered on Apr 03, 2025

Asked by Anonymous - Mar 24, 2025Hindi

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Sir, My son is not interested in computer related jobs. However, he has deep interest in physics. Based on his choice, he likes two engineering branches (from good/reputed institute (like VIT/Thapar Institute) - Either Mechanical engineering or Electronics and communication engineering. So, please suggest regarding the following queries. (1) From package/salary point of view, which one would be better - Mechanical engineering or Electronics and communication engineering (Considering, having job in core sector)? (2) From profession growth point of view, which one would be better - Mechanical engineering or Electronics and communication engineering (Considering, having job in core sector)? Please suggest from short and long term perspective.

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Sir, I have scored 97.01 percentile in JEE mains 2025 session-1 I belong to ST category and my domicile state is rajasthan what are the chances of getting top 5 NIT's CSE branch

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Question by Sundram - Mar 25, 2025Hindi

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Sir I got 97.88 percentile in JEE MAINS 2025 .I am OBC NCL candidate with home state u p. Can I get CS in top NIT or IIIT. Or should I take electrical in top NIT or IIIT. Can you suggest me something best about it.

Ans: Congratulations on achieving a 97.88 percentile in JEE Main 2025! Securing a seat in CSE at top NITs such as NIT Trichy, NIT Warangal, or NIT Surathkal is highly competitive, and typically requires a higher percentile than 97.88. However, you may have a chance at obtaining a CSE seat in some of the newer or less competitive NITs and IIITs. For instance, IIIT Lucknow and IIIT Kota have had closing ranks around your range in previous years.
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Marriage counsellor - Answered on Apr 03, 2025

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After my mother's death, my father (54 years old) is involved in extra marital affair with an unmarried neighbour girl (25). Nobody knows about their affair except our family. Me (23) & my sister (21) tried our best to make my father understand that this is not the right time to do all these things, but he is not listening to us & not ready to understand. It seems useless for him to have affair with her because there is no future of this relationship. Age gap is also huge. Her parents also don't know about it. Neither we can tell about it to them, because they will target our family & ruin our life. They can also file police complain against our whole family if they gets to know about it. I am sure they will also deny this relationship. Took our relatives help too, but it didn't work. Don't know what to do. Can you please help ??

Ans: Hello mam..This could be a part of mid life crisis and he could feel this extra marital affair to be coping mechanism after trauma, your mother's death. Your father should definitely think about his children and their future. Are you and your sister working or studying? I would like to know a little further about your present status so that i can suggest you something better.
Kindly do reply.
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Reach me : https://www.instagram.com/dr_upneet

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Asked by Anonymous - Apr 01, 2025

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my wife do not allow me to tuch since 6 months,i tried every thing ,please help me..

Ans: Hello sir. Plz have some patience. I understand that this is an important aspect of relationship but not the only aspect. It could be a reaction to some trauma also. Take some private time and sit with your wife. And politely try to figure out the problem. Take her some time. Have some patience. Let her be comfortable with you again. Everything will come to normal. Take care!
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Dear Sir, My son right now will appear for 10th Board next year (in Year 26) is very much keen for Computer Science, as he coding is his passion. But Since we are seeing rapid changes in computer world, from AI to Chatgpt and every other day some new inventions. By the time he will complete his Graduation with CS from even reputed institute many of the things will be out dated. Also I am still not sure, weather he will be able to get good job for long term basis as I believe, Computer field is changing very rapidly as it is difficult for any other to keep on updating with a changing phase, So I need your view/advices on my thought Please.

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after getting a percentile through SC category can the same student apply through general category with same score in jee.....

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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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