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Love Guru

Love Guru   |187 Answers  |Ask -

Relationships Expert - Answered on Sep 09, 2022

Love Guru has been answering relationship and romance related questions on Rediff.com for over 13 years. She won't mince words when telling you what the problem is and what you can do about it. If you want a fresh perspective from an unbiased, objective-thinking individual about your relationship woes, Love Guru could just be the person you need to need to hear from.... more
Anonymous Question by Anonymous on Sep 09, 2022Hindi
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Dear Love Guru,
Two years ago, I met a guy on Instagram who I thought was stalking me but later we became friends. During Covid, we became very close and would chat on IG for long hours.
I had never met him. I had feelings for him but never confessed to him or anyone.
One day my best friend told me that they met on my Insta and have been dating for a year.
I was really heartbroken but I couldn't express my feelings to anyone.
Now when she talks to me about him I feel helpless and jealous. I don't know how to deal with my emotions. I can't see him as a friend and I can't tell my friend that I like him too.
Please help.

Ans:

Look, this guy was obviously on the prowl to find a girl on Instagram and I think that he was chatting both you and your friend up, hoping one of the two would end up in a relationship with him.

Who knows where else he was fuelling a fire in the hopes of landing a girlfriend?

And while he was having cosy conversations with you, did he once mention that he was dating your bestie at the side for a whole year? That in itself should tell you that he's something of an opportunist and will take what he can get.

I would suggest you come to terms with it, because he doesn't sound too promising anyway from his behaviour.

I don't think much of him and, as far as I'm concerned, you've dodged a bullet.

Let her have him; you're better off.

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Love Guru

Love Guru   |187 Answers  |Ask -

Relationships Expert - Answered on May 30, 2022

Relationship
Dear Love Guru, From where should I begin? It's a rather complex one. Well, I was in a 6-year-old long distance relationship (we met on Facebook) it was a good one and he was the best friend I thought I wanted. Over the years though, I started seeing a controlling streak in him in whatever I did. Though we were only connected online but applications like Discord, having access to my accounts and passwords became a tool to keep tabs on me. I had no privacy of my own and the sad part, I didn't even realise it was toxic. He had taken hold of a lot of aspects of my life and I didn't even realise how unhealthy it is. It was last year when I lost my mother (having lost my father years back) when life hit me. I was completing first year of my MBA programme when this tragedy occurred. Her passing amidst the COVID 2nd wave was terrorising, to say the least. Thankfully, I had gem of friends who were there throughout. It was amidst this that I realised that there was an element of control in the support he provided. He didn't understand the magnitude of what I was going through and always undermined my efforts. There was no respect in him for me and for me there was no love left (when I introspect now I think I was more in love with idea of love rather than loving him) but I didn't realise this because I was so habituated with him. My MBA summer internship started and I was paired with this batchmate who was also a classmate. I didn't know him because COVID ensured that first year of PG is completely online. When I first met him. I found him to be stiff, rude and cribbing. I didn't realise he was an introvert. Eventually, I started warming up to him with us travelling almost two months together there developed a thickness. We bonded over our shared state, food and sadness of losing our mothers. I didn't even realise when I started getting attracted to him and neither did he. But when I did the first thing that I did was to break up with the guy I was with because for the first time in six years I was tilting towards someone else and I knew that this was it for us. The break-up was long, tiresome and hurtful for both of us. I hated hurting him but I couldn't be with him and suffocate myself any longer. We tried to wish each other well but then when has all this been anything but ending up in a train wreck and now we don't have any contact with each other. I keep him in prayers and wishes because I know he is not a bad human being it's just that I allowed him to walk over me and he kept on doing it without realising what he is doing is mental abuse. But it's not the story of me and my ex. It's the story of the guy I have come to love. The rude, stiff and cribby guy… who knew he would turn out be this sensitive, loving and appreciative soul. I got what I always wanted from someone I loved: respect, trust and appreciation. It's not like I don't have fights with him or arguments but there is a dialogue at the end. He understands where he went wrong and so do I. I am finally in a happy, healthy relationship. The only issue here is we both are from two different religions, I am H and he is M. This often makes me feel that there is a timer to us. We are two highly educated people from urban India, completing our post-graduation from one of India's top B-schools with great placements in hand and still the noose of society and religion is tied around our neck. I try not to think of us in the long term but I am on that side of 20s now that settling down is always on my mind. Especially after losing my parents, I often crave a family that is my own. There is also a hint of loss hovering over me. I still haven't moved on from losing my mother and I don't think I ever will. But last one year has been a roller coaster ride with major decisions and incidences. How do I wrap my head around all of this? Now, here I am between love, life and ambitions. Asking you what to do? Where to go? Which road should be taken? Regards, R PS: Please ensure anonymity.
Ans:

Dear R, religion plays as big or as small a role in your life as you wish it to.

If either of you is overtly religious and tries to force your beliefs on the other, then yes, it can prove a problem.

If religion inside a home doesn’t matter, then intermarried couples usually have years of happy celebrations together of all festivals, their children follow both customs and everything works out well. And I have seen that happen.

So I would suggest you have the conversation on religion with each other right now, it’s imperative.

And then, if you’re on the same page concerning your future, go ahead and plan it together. 

..Read more

Anu

Anu Krishna  |836 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Aug 23, 2022

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Hi mam, I am a 19 years old girl. In 2019, after my 10th boards, I came across a guy in FB. He was 9 years older than me. He seemed to be a really nice and helping guy. And he also belonged from a prestigious university pursuing his research. After my 10th, I started preparing for entrance exams. So, he used to motivate me, give me validation, encourage me to do better in my mocks. It all happened online. I haven't even met this guy till date. At that time, he showed me the dream of targeting the best college of India of which I hadn't even thought of before. And I was also so motivated that I started studying hard. Besides, I started emotionally depending on him for validation. He is such a manipulating guy, that slowly I started falling in love with him. He told me that we should wait and see what the time decides. But, slowly he showed his real colours. He was just interested in 'friends with benefits' type of relationship with me. I strongly disagreed on it. Then days and months passed, his validation, manipulation, toxic and provocative words made me stand before an existential crisis. I used to cry out for the entire day. By 2020, during the lockdown phase, staying back at home, dealing with these sh***y things and exam pressure pushed me into depression. He made me insecure about every single thing... My academics, studies, results, my looks, my innocent nature, my previous success, my future.... every single thing. I eventually came to know he was just interested in sharing his life stories, getting an emotional support in his life, a good timepass element, hoping to get intimate with me someday. Moreover he was just interested in successful girls and ladies. So, all I thought at that period was that I have to succeed in my entrance exam at any cost and then everything will be alright.Unfortunately, I could not make it. I failed to qualify in my first attempt. I went into a severe depression, had to attend some online mental health rehab and counselling. To add salt to my wounds, the guy disclosed that he has been in a relationship since the past 1 year. And he is very happy. I broke down completely. For 5-6 months I could not study anything. I have an exam just round the corner. How can I just forget whatever happened and focus on my work? Please help and guide me... I am still having emotional breakdowns very frequently.
Ans:

Dear AI,

The nature of a virtual relationship can be the way that you have mentioned.

What is being shared virtually may not be reality and it is difficult to spot this.

Now that you know, isn’t it a lesson learned not to rely on anyone outside of you for your own happiness?

Did you have to study hard just so that you fit his choice of ‘successful’ women/girls?

Can you not work hard to live your dreams?

What you lack is self-love! Something that you didn’t focus on because you were working hard to prove how relevant you are in his life so that he chooses you.

Even if this relationship works, it will be his call always and other than strive hard to be in his life, there’s nothing that will grow in it.

Moreover, isn’t it a red flag when he revealed that he has been in a relationship for over a year?

Time to get back to yourself. Value yourself more, love yourself more…if you don’t, no one else will!

Start every morning doing these little things:

  • in gratitude for being alive
  • list down 3 things that you love about yourself
  • do one thing that you love at least for 15 minutes everyday
  • spend time in Nature
  • surround yourself with people that love you

These are tried and tested methods to get you out of a low phase.

Again, love yourself more and yet again!

All the best!

..Read more

Anu

Anu Krishna  |836 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Sep 12, 2022

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Hello mam! Let me get straight into my story... I have 3 best friends. We were very close.One of them, say A, was in a relationship with a girl named B. We kind of set it up in 2019 but soon he lost interest. But she was into him. She begged him but he didn't respect her feelings. This went on for a year then she slowly began to move on.Meanwhile, the girl and I got close. When he didn’t respond to her, she would cry to me and I pacified her. We became good friends but it escalated and we got into a relationship. I didn't discuss it with my friends. I informed them only after we became serious. It broke our friendship. I had asked my friend A many times about her and he’d said it’s all over so I never thought of discussing. I wasn’t aware that he was thinking about patching up with her. Now none of my close friends talk to me. Since most of my other friends are common to both of us, my entire school friends’ circle is lost. I feel very lonely. I know it’s my mistake. I shouldn't have done it. I never expected him to consider reuniting with her. Now I feel guilty for cheating my best friend. I feel like I abducted his girlfriend from him. What should I do now? Should I break up my relationship? I know this won’t change anything now. But at least after a few years I can hope my friends will accept me. At the same time, I am into her so much and so is she but I feel terribly guilty and miss my friends. I am totally confused.Would like to know your thoughts on my situation!!
Ans: Dear AP,

I don’t know how old you are, but it seems to me that you have broken some unwritten Bro Code.

But honestly, from your story all I can fathom is that you are choosing to feel guilty simply because your ‘close’ friends as you call them, ignore you.

Isn’t it immature of you to actually not be able to make a decision in life that involves you and your relationships, or do you need the blessings of your so-called friends for it?

As far as you are concerned, things were over between your friend and the girl.

So, did you need to take their permission to date her?

Also, what about your other friends? Did they not bother to even hear from you once and choose to see things your way and patch thing between you and your friend?

Instead, they decided to play the judge and pronounce you guilty for an act that doesn’t seem to need that verdict.

So, do you still want to swim in the sea of guilt and see your relationship with the girl wash away with time OR do you want to go surf that tide and take charge of your decision? Get the drift here?

Step Up; all the best!

..Read more

Anu

Anu Krishna  |836 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Sep 12, 2022

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Relationship
Hello mam! Let me get straight into my story... I have 3 best friends. We were very close.One of them, say A, was in a relationship with a girl named B. We kind of set it up in 2019 but soon he lost interest. But she was into him. She begged him but he didn't respect her feelings. This went on for a year then she slowly began to move on.Meanwhile, the girl and I got close. When he didn’t respond to her, she would cry to me and I pacified her. We became good friends but it escalated and we got into a relationship. I didn't discuss it with my friends. I informed them only after we became serious. It broke our friendship. I had asked my friend A many times about her and he’d said it’s all over so I never thought of discussing. I wasn’t aware that he was thinking about patching up with her. Now none of my close friends talk to me. Since most of my other friends are common to both of us, my entire school friends’ circle is lost. I feel very lonely. I know it’s my mistake. I shouldn't have done it. I never expected him to consider reuniting with her. Now I feel guilty for cheating my best friend. I feel like I abducted his girlfriend from him. What should I do now? Should I break up my relationship? I know this won’t change anything now. But at least after a few years I can hope my friends will accept me. At the same time, I am into her so much and so is she but I feel terribly guilty and miss my friends. I am totally confused.Would like to know your thoughts on my situation!!
Ans: Dear AP,

I don’t know how old you are, but it seems to me that you have broken some unwritten Bro Code.

But honestly, from your story all I can fathom is that you are choosing to feel guilty simply because your ‘close’ friends as you call them, ignore you.

Isn’t it immature of you to actually not be able to make a decision in life that involves you and your relationships, or do you need the blessings of your so-called friends for it?

As far as you are concerned, things were over between your friend and the girl.

So, did you need to take their permission to date her?

Also, what about your other friends? Did they not bother to even hear from you once and choose to see things your way and patch thing between you and your friend?

Instead, they decided to play the judge and pronounce you guilty for an act that doesn’t seem to need that verdict.

So, do you still want to swim in the sea of guilt and see your relationship with the girl wash away with time OR do you want to go surf that tide and take charge of your decision? Get the drift here?

Step Up; all the best!

..Read more

Love Guru

Love Guru   |187 Answers  |Ask -

Relationships Expert - Answered on Oct 07, 2022

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Dear love guru, Hope u are doing well.  This story starts in 2018 when I was in my 12th. I had a huge crush on this junior girl. This girl is very intelligent and she used to get very high marks. So I took that as an inspiration and started working very hard on my academics. I started to read like a maniac and that worked and I got seat in a very prestigious college hoping she would get the seat in the same college but unfortunately she got seat in other state. I was disappointed. I was shy and never talked to her in my 12th and thought I lost my chance of talking to her ever again. But fortunately after a year, I found her insta and mustered my courage to chat with her.  Although it was awkward initially, we became good friends (I guess so) and used to chat almost daily. She is really a charmer and she chats so nicely. She is a great friend but I never had courage to say about my feelings. She used to talk about her friends, her new college and her cats and so many things about herself and as I am her senior, I used to guide her and talk about my daily experiences. We had great time talking to each other on insta, WhatsApp and even snapchat. Heck we have a Spotify playlist Collab and she even included me in her private Instagram account as a close friend (u know that girls do have spam accounts for close friends) and I was wondering whether I'm just another friend or close friend or anything more.  This continued like for many months and we chatted very well in the lockdown. I never met her or called her, we just chatted( I'm a shy guy and not so good at talking to girls). Feelings aside, she became a really good friend to me and I don't have many friends. I never said her about my feelings, fearing it would destroy this great friendship I was having. But recently she was not responding properly to my chats( I never misbehaved in the chat ). I do believe she is seeing a guy whom she met recently but I don't know whether that is a relationship or just friendship.  I was disappointed but hey it's her life and I was u know just continuing my life feeling sad sometimes or just trying to forget about her. And recently she completely avoided my messages and I was so hurt(I do have some self-respect right). U could say this as a one side love story. But this is so hard. After all she is my first love and this started affecting my academics. Should I move on or should I just continue trying to talk to her so that hopefully she will talk to me like she used to before. I don't have any problem continuing but sometimes I feel what's the purpose since it is going nowhere.  Please give me any valuable suggestion. Sorry for the long story Thank you  
Ans:

You've enjoyed a mainly online relationship; there's a lot more to things than that.

There is definitely a reason why she's not responding to your messages anymore and it could be anything -- maybe you came on too strong, maybe she's met someone else, maybe her new boyfriend is from the Stone Age and doesn't like her interacting with other male friends.

I would suggest writing her one last message to the effect that you miss your friend, you don't know why she has begun avoiding you and, at the very least, if she wants to discontinue contact she should have the courtesy of letting you know that, along with the reason why.

See if she responds.

If she doesn't, take that as a very strong and clear signal in itself that she wants nothing to do with you anymore and doesn't have manners either. In which case I would strongly suggest you cease all contact as well.

If she does show some courtesy and reply, see if what she has to say can be addressed.

And all things considered, don't be too heartbroken about this. There are many great girls out there for you to start anew with -- in person perhaps, this time around!

 

..Read more

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How is BDES in Fine Arts from Amity University Mumbai?
Ans: Amity University Mumbai is part of the prestigious Amity Group of Institutions, known for its focus on quality education and innovative programs. Pursuing a Bachelor of Design in Fine Arts from Amity University Mumbai can offer several benefits: This program at Amity University Mumbai likely offers a comprehensive curriculum that covers various aspects of fine arts, including drawing, painting, sculpture, printmaking, and multimedia arts. Students may have the opportunity to explore different mediums and techniques under the guidance of experienced faculty members. Amity University Mumbai is known for its modern infrastructure and facilities, including well-equipped studios, art labs, exhibition spaces, and digital resources. These facilities provide students with an inspiring environment to unleash their creativity and hone their artistic skills. Amity University often collaborates with industry partners and professionals to provide students with real-world exposure and opportunities for internships, workshops, seminars, and industry projects. This exposure helps students gain practical experience, build professional networks, and prepare for careers in the field of fine arts.

However, it's essential to conduct thorough research and consider factors such as program accreditation, alumni feedback, campus culture, and career support services before making a decision. Additionally, prospective students may benefit from visiting the campus, attending orientation sessions, and speaking with current students or alumni to gain insights into this program in Fine Arts at Amity University Mumbai.

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Hello sir, im working in govt job PSU for 1 year and im not getting interest here. My age is 27 and passed out in btech ee in 2020. There is almost less work, also its not interesting. I deal with boiler and turbine operations. I want to persue mtech in control / robotics fields. But im afraid of the volatile job market, u see im a bit slow than other people. Do u think i should follow what my heart says or stick to this job due to its job security and my slow brain power . My age is more too. I have good financial support too. Im afraid I will lose job in pvt job. But i want to learn and grow!
Ans: It's natural to feel conflicted about whether to pursue your passion or stick with a secure job, especially when considering factors like job market volatility and personal abilities. Here are some points to consider that might help you make a decision: Consider the balance between pursuing your passion for control and robotics fields and the stability offered by your current government job at a PSU. Think about what will ultimately bring you more fulfillment and satisfaction in the long run. While the job market for control and robotics fields may have some volatility, these sectors also offer opportunities for growth and innovation. Research the demand for professionals in these fields, the potential for career advancement, and the types of companies or industries that are investing in automation and robotics technologies. Reflect on your interest in the control and robotics fields and your desire to learn and grow professionally. Pursuing a master's degree in these areas could provide you with valuable skills, knowledge, and experiences that align better with your career aspirations and interests. While age can be a factor in career decisions, it's important to prioritize your long-term career goals and personal fulfillment. With good financial support and a willingness to learn, you can overcome any perceived limitations and make meaningful progress in your career. Assess the potential risks and rewards associated with transitioning to a new field versus staying in your current job. Consider developing a backup plan or exploring part-time or online learning options that allow you to gain skills in control and robotics fields while maintaining your current job security. 

Assess the potential risks and rewards associated with transitioning to a new field versus staying in your current job. Consider developing a backup plan or exploring part-time or online learning options that allow you to gain skills in control and robotics fields while maintaining your current job security.

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Shekhar

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Leadership, HR Expert - Answered on May 03, 2024

Asked by Anonymous - Apr 23, 2024Hindi
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My daughter is completing her BSc Bioinformatics in 2024 and wants to switch to MCA. Will it better than MSc Bioinformatics? Please advise what to do for getting a good job.
Ans: Both M.Sc. Bioinformatics and M.C.A. (Master of Computer Applications) have their own merits and can lead to rewarding career paths. However, the choice between the two depends on individual interests, career goals, and preferences. Here are some reasons why someone might consider M.Sc. Bioinformatics over M.C.A.: Individuals with a strong interest in biology, genetics, and computational sciences may find M.Sc. Bioinformatics more appealing. This program integrates biological sciences with computer science, allowing students to apply computational methods to analyze biological data and solve complex biological problems. It opens up career opportunities in diverse sectors such as biotechnology, pharmaceuticals, healthcare, genomics, and academic research institutions. Graduates can work on projects related to drug discovery, personalized medicine, genomics research, agricultural biotechnology, and more. It offers an interdisciplinary approach, combining knowledge and techniques from biology, computer science, statistics, and bioinformatics. Students develop a broad skill set that is highly relevant in fields where biological data analysis and computational modeling are essential. With advancements in genomics, proteomics, and bioinformatics technologies, there is a growing demand for professionals skilled in bioinformatics analysis and interpretation. Graduates with expertise in bioinformatics are well-positioned to address the challenges of big data in the life sciences industry. M.Sc. Bioinformatics graduates have the opportunity to contribute to scientific research and discovery by leveraging computational methods to analyze biological data, identify patterns, and gain insights into biological processes. Their work can lead to breakthroughs in areas such as disease diagnosis, drug development, and precision medicine.

While M.Sc. Bioinformatics may offer unique advantages for individuals interested in the intersection of biology and computational sciences, it's important to consider personal interests, career goals, and job market dynamics when making a decision. Ultimately, both M.Sc. Bioinformatics and M.C.A. have the potential to lead to fulfilling and impactful careers, and your daughter should choose the path that aligns best with her aspirations and strengths.

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Career

Career Coach  |37 Answers  |Ask -

Workplace Expert - Answered on May 03, 2024

Asked by Anonymous - May 02, 2024Hindi
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I am a 41-year-old consultant working for an IT firm for the past 16 years. Lately, my job has been very demanding. I have been working 14 to 16 hours at work, with no weekends or holidays. The work pressure is taking a toll on my physical and mental health. I was unwell for two weeks and have been advised by doctors to consider taking up a less stressful job. I have a masters in finance. Do you have any suggestions on what alternate career options I could consider?
Ans: Absolutely, it sounds like you've been burning the midnight oil for quite some time! It's crucial to prioritize your health and well-being, especially when the demands of your job start to affect you physically and mentally. Let's explore some alternative career avenues where you can still leverage your expertise and experience in finance without the overwhelming stress:

1. Financial Technology (FinTech) Specialist:

Step into the world of FinTech, where your expertise in IT and finance can revolutionize traditional banking and financial services. By developing innovative solutions that streamline processes and enhance user experiences, you'll contribute to a more efficient and accessible financial ecosystem, all while enjoying a less stressful work environment compared to client-facing roles.

2. Cybersecurity Analyst in Finance:

Protecting sensitive financial data is paramount in today's digital landscape. As a cybersecurity analyst specializing in finance, your dual proficiency in IT and finance equips you to safeguard financial institutions from cyber threats with precision and expertise, all while enjoying the stability of a role focused on risk mitigation rather than high-pressure client interactions.

3. Quantitative Analyst (Quant) in Finance:

Dive into the world of quantitative analysis, where your technical prowess and financial insight can drive data-driven decisions in portfolio management, risk assessment, and trading strategies. By leveraging your combined knowledge, you'll excel in roles that prioritize analytical rigor and strategic thinking, offering a more predictable and structured work environment compared to consultancy roles.

4. Financial Systems Analyst:

Become the bridge between IT systems and financial operations within an organization. Your ability to optimize financial software systems while ensuring compliance and efficiency will contribute to smoother workflows and reduced stress for finance teams, offering a rewarding blend of technical problem-solving and financial acumen without the demands of client-facing roles.

5. Data Scientist in Finance:

Unlock the power of data in the financial sector, leveraging your expertise in IT and finance to extract actionable insights from vast datasets. By applying advanced analytics and machine learning techniques, you'll drive informed decision-making and strategic planning, all while enjoying the autonomy and intellectual stimulation of a data-driven role with less client pressure.

In these specialized roles, your unique blend of IT and finance knowledge positions you for success in environments that prioritize innovation, efficiency, and strategic thinking over relentless work hours and client demands. By capitalizing on your strengths and pursuing a career path aligned with your interests and well-being, you can achieve professional fulfillment without sacrificing your health and happiness.

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Moneywize

Moneywize   |102 Answers  |Ask -

Financial Planner - Answered on May 02, 2024

Asked by Anonymous - Apr 20, 2024Hindi
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I have submitted my Form 15 to my bank in April 2023. My income falls under the non-taxable category against interest received from bank FDs. Bank has not deducted any TDS up to September 2023 but from October 2023 they have started deducting TDS on FD interest earned by me saying that interest earned on my FDs have crossed the limit of Rs 5 lakh. Is the bank right in deducting tax citing this reason? Please enlighten me.
Ans: No, the bank is likely not right in this case. Here's why:

• Form 15G validity: A valid Form 15G submitted before April 1, 2023 is applicable for the entire financial year 2023-24 (assessment year 2024-25). This means if your income falls under the non-taxable category, the bank shouldn't deduct TDS on your FD interest for the entire year.
• TDS exemption limit: The current exemption limit for TDS on FD interest is Rs 40,000 for individuals below 60 years old, and Rs 50,000 for senior citizens (above 60 years old). There's no limit of Rs 5 lakh for TDS deduction on FD interest.

Here's what you can do:

• Reach out to your bank: Inform them that you submitted a valid Form 15G and your income falls under the non-taxable category. You can clarify the exemption limit and point out the mistake.
• Request rectification: Ask the bank to rectify the error and reverse the TDS deducted on your FD interest from October 2023 onwards.
• Seek professional help: If the bank doesn't resolve the issue, consider seeking help from a tax consultant or financial advisor. They can guide you further on how to claim a refund for the deducted TDS.

Additional points to consider:

• Ensure you have a copy of the Form 15G submission acknowledgement for your records.
• Keep a record of any communication with the bank regarding the TDS deduction.

By following these steps, you should be able to resolve the issue with the bank and avoid unnecessary TDS deduction on your FD interest.

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Ramalingam

Ramalingam Kalirajan  |1298 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 02, 2024

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Hi, my age is 29. Married. My daughter is 8 months old. My monthly salary is Rs. 1.33L PM. Monthly expense - Rs. 35,000 Current commitments are: Home Loan EMI - Rs. 43,535 (8 months completed. 30 years tenure) Term Insurance - 1cr (Annual premium - Rs. 36,000 for 10 years. 7 more premium pending) Current NPS Balance - Rs. 75,000. Investing Rs. 15,000 pm SSY - Rs. 12,500 pm. APY - Rs. 409 pm I'm planning to save for Emergency Corpus Fund, get a medical insurance floater policy. My short term goal is to save Rs. 20 lakhs within 4 years for registeration and interior work for house. My long term goals are for daughters UG education, wedding, retirement at 55 years. I took investment risk test and Im an aggressive investor and planning to invest more on equity. Also, I want to diversify the portfolio and invest across asset class.
Ans: It's great to see your proactive approach to financial planning! With your solid income and clear goals, here's a suggested plan:

Emergency Corpus Fund: Aim for 6-12 months' worth of living expenses in a high-yield savings account for emergencies.
Medical Insurance Floater Policy: Ensure adequate coverage for your family's healthcare needs, including your daughter.
Short-Term Goal - House Expenses: Consider a mix of equity and debt mutual funds for potential growth while safeguarding against market volatility.
Long-Term Goals - Daughter's Education, Wedding, Retirement: Continue investing in equity through mutual funds or stocks for higher returns over the long term. Also, explore options like PPF, NPS, and diversified funds for diversification across asset classes.
Review and Adjust: Regularly review your portfolio's performance and make adjustments as needed to stay on track with your goals.
Remember, financial planning is dynamic. Consulting a Certified Financial Planner can provide personalized guidance tailored to your unique circumstances and aspirations. With discipline and strategic investing, you'll be well-positioned to achieve your financial dreams.

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Mayank

Mayank Chandel  |437 Answers  |Ask -

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on May 02, 2024

Asked by Anonymous - Apr 24, 2024Hindi
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I completed bams a year ago. I passed 12th in 2014 and prepared for neet 2 times but couldn?t get seat because i was not serious about my career at that time. I had no clearity. I was so confused that I couldn?t focus. Even my parents and relatives were scolding me and not helping me . So I wasn?t thinking roperly focused. Then i gave bams entrance for the first time and got seat. I feel like if they wouldn have helped me or asked me what do i feel then i must not have been in the same place as am today. I feel i have ruined my life. Am currently working in delhi as a physician in a very renowned ayurvedic institute. But i feel like I don?t have passion for ayurveda. Am 26 years old. Everytime i feel like failure as I couldn?t get mbbs. Still my teenage to final year of my college i used to be so confused about my career. As now at 27 am having clearity that i want to be a cardiac surgeon, i feel like it?s too late to restart again. I feel depressed, failed and guilty. I don?t know if its a good decision to appear for neet again or not. I feel like defeated. I dont Feel happy. This time i have a lot of passion for becoming a cardiac surgeon but i am not able to decide this thing myself. I feel helpless. I feel guilty that I couldn?t clear neet exam. On the other hand there are some of my friends who never ever appeared for neet and did bams from private colleges are really happy and don?t have any complaints from this career. Why do i only feel defeated and unhappy.
Ans: Hi,
I cannot help you psychologically. But yes if you are really serious & want to restart give it a second thought that whether you will be able to give another 10 years into study. Plus NEET has become more competitive now as almost 24L+ students are writing this year. Again you won't make it there you will be more depressed. Other option would be MBBS abroad then. But still the question is will you be able to give your next 10 years into study?

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