I HAVE WHIRLFOOL SHARE 5 NOS @2375, WHAT SHOULD I DO?

Ans: plz connect with the registrar Kfintech for the right answer as there is limited/no data available

Ans: When you inherit shares, the cost of acquisition for tax purposes is determined based on the price at which your father originally purchased them. Here’s how you can approach it:
- Use the Original Purchase Price: The cost of acquisition is the price at which your father bought the shares. If you don’t have records, try checking old brokerage statements, demat account records, or consulting the broker he used.
- Fair Market Value (FMV) Method:
- If the shares were acquired before April 1, 2001, you can take the FMV as of April 1, 2001 as the cost of acquisition.
- If the shares were listed on a stock exchange and held on January 31, 2018, and sold after March 31, 2018, the FMV as of January 31, 2018, can be considered as the cost of acquisition.
- Bonus Shares: If your father received bonus shares, their cost is considered zero for capital gains calculation.
- Holding Period: The holding period includes the time your father held the shares, which helps determine whether the gains are short-term (held for ≤12 months) or long-term (held for >12 months).
- Tax Treatment:
- Long-term capital gains (LTCG) on listed shares exceeding ?1 lakh are taxed at 10% without indexation.
- Short-term capital gains (STCG) are taxed at 15%.
If you don’t have access to purchase records, you may need to estimate the FMV based on historical stock prices or consult a tax expert for guidance.

Ans: you need to hold for 3yrs more atleast.

Ans: Hello dear.
Chances are moderate to slim. Explore other options,
Best of luck to you.
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Radheshyam

Ans: Hello dear.
Approach the improvement exam with a clear mind and aim to achieve the highest score possible. Future problems that occupy your thoughts will not be a concern.
Best of luck to you.
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Radheshyam

Ans: Hello Mayuresh
With the mentioned MHT-CET percentile, you have chances to secure a seat in a government college for computer-related branches. If you are getting a government college via MHT-CET, then consider dropping the idea of VIT, VIIT (Pune, etc.). Previously, it was possible to gain admission through the management quota in PICT, but there are no recent updates regarding this. It would be better to contact the PICT administrative office in person for more updates.
Best of luck to you.
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Radheshyam

Ans: Hello Srinivas
(1) Chances are moderate to get into IISER (2) With the mentioned options, prefer CSE AIDS @ IIIT Sri City
Best of luck to you.
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Radheshyam

Ans: Hello Prachita
Chances are impossible. Explore the CS option with private engineering college via management or NRI quota which is possible.
Best of luck to you.
Follow me if you like the reply. Thanks
Radheshyam

Ans: Vijay Sir, VIT Chennai CSE (Category 5) offers a strong national brand, 90–95% placement rates, and access to over 800 recruiters, but Category 5 fees are the highest and the Chennai campus is newer compared to VIT Vellore. BMSIT CSE, while less known nationally, is well-regarded in Karnataka and Bangalore, with 85–90% placement rates, strong local industry ties, and a curriculum aligned with the city’s tech ecosystem. Living in Bangalore offers convenience, lower living costs, and better internship and networking opportunities due to proximity to the IT hub. BMSIT management quota fees are high but may still be less than VIT Category 5. Both colleges have solid placement records, but BMSIT’s location and local reputation provide a practical advantage for internships and job placements in Bangalore’s tech sector. Recommendation: Prefer BMSIT CSE for its strong local opportunities, industry connections, and convenience for Bangalore residents, unless you specifically want the VIT national brand and are comfortable with higher fees and relocation. All the BEST for the Admission & a Prosperous Future!

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