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Ambareesh Baliga | Answer |Ask -Follow

Stock Market Expert - Answered on Feb 02, 2023

Ambareesh Baliga has 35 years of experience in different facets of the Indian equity market. In his long career, he has headed businesses in wealth management, fund management, corporate advisory, investment banking, retail finance and stock broking. Currently an independent strategy advisor to ultra high networth individuals and family offices, he regularly features as an expert on CNBC, CNBC Awaaz, NDTV and Zee Business. In the past, Baliga has worked with organisations such as Price Waterhouse, Kotak, Karvy, Way2Wealth and Edelweiss.... more

Question by Rakesh on Feb 02, 2023Hindi

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How no effect of housing loan interest in new income tax system for salarised people will affect housing sector/Cement-ceramic demand ?

Ans: This is a bit negative for the real estate space. I was in fact expected the FM to increase the limit. Disappointed with the outcome

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 Sanket - Feb 01, 2023Hindi

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Housing loan interest related tax befits would continue in new tax benefits ??

Ans: Tax exemption is unavailable in the new tax regime on interest paid on home loans.

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Question by Amal - Feb 02, 2023Hindi

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Will I get any home loan benefit from the new tax regime? A.Kalita, Guwahati

Ans: Tax Benefit of home loan is not available under new tax regime if loan is taken for self occupied house. Further, loss from let out property will not be allowed to set off/carried forward against any other income

Vivek Lala | Answer |Ask -Follow

Tax, MF Expert - Answered on Mar 10, 2023

Question by Krishna - Feb 02, 2023Hindi

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New new tax regime, whether loss arising from interest paid on home loan in case of rented property can be adjusted against salary income; professional tax & children education allowance (100 per children per month), deductions u/s 80-C & 80-D & standard deduction of Rs.50,000/- is allowable. Plz clarify

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Tax Expert - Answered on Apr 25, 2023

Question by Ramesh - Feb 10, 2023Hindi

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My taxable income is 60 Lacs and no home loan, will it be beneficial to opt for new tax regime?

Ans: Whether or not it is beneficial for you to opt for the new tax regime depends on various factors such as your specific deductions, investments, and other incomes. Under the new tax regime, you cannot claim most deductions and exemptions, including the standard deduction, deduction for savings under Section 80C, deduction for interest on housing loan, and others.

However, if you have investments and expenses that are eligible for deductions under the old tax regime, it might be more beneficial for you to continue with the old tax regime. In general, if you have substantial deductions and exemptions, you might end up saving more tax under the old tax regime, whereas if you do not have many deductions and exemptions, the new tax regime might be more beneficial for you.

In your case, since you do not have a home loan or any other specific deductions that you can claim, it might be worthwhile to calculate your tax liability under both the old and new tax regimes and see which one results in lower tax liability for you. You can also take the help of a tax expert or use online tax calculators to make this comparison.

Ramalingam Kalirajan |9241 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Mar 04, 2025

Question by Dr. - Feb 01, 2025Hindi

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I have annual income 30L, with housing loan. which tax regime will be better

Ans: With an annual income of Rs 30 lakh and a housing loan, the old tax regime is usually better if you can claim deductions like:

Home Loan Interest (Rs 2 lakh under Section 24b)
80C (Rs 1.5 lakh for EPF, PPF, etc.)
NPS (Rs 50,000 under 80CCD(1B))
If deductions are high (Rs 4-5 lakh+), the old regime is better. Otherwise, the new regime may be simpler with lower tax rates.

Best Regards,

K. Ramalingam, MBA, CFP
Chief Financial Planner
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

Latest Questions

Nayagam P P |7090 Answers |Ask -Follow

Career Counsellor - Answered on Jun 27, 2025

Asked by Anonymous - Jun 25, 2025Hindi

Career

Sir my daughter got into PDEU Gandhinagar electrical engineering and CSE in Ahmedabad University which college should I opt to or should I wait for branch upgradation In PDEU for ECE in PDEU

Ans: Academic Reputation: PDEU holds stronger national recognition with NAAC A++ accreditation versus Ahmedabad University's NAAC A grade. PDEU's NIRF ranking in engineering (101-150) surpasses Ahmedabad University's overall ranking of 151.

Placement Performance: While PDEU shows superior overall placement rates (90% vs 97% claimed by Ahmedabad University), the branch-specific analysis reveals significant differences. PDEU's electrical engineering provides more reliable placement outcomes compared to its ECE branch, while Ahmedabad University's CSE offers better career prospects in the technology sector despite variable placement statistics.

Infrastructure and Campus Life: Both institutions provide excellent infrastructure, though PDEU's larger 100-acre campus and comprehensive facilities receive higher student ratings. PDEU's energy-focused research environment and industry partnerships with companies like Reliance, ONGC, and Adani provide unique advantages.

Career Prospects: Electrical engineering at PDEU aligns with traditional core engineering career paths in power systems, renewable energy, and manufacturing sectors. CSE at Ahmedabad University opens opportunities in software development, artificial intelligence, and emerging technology domains with higher growth potential and salary prospects.

Branch Upgrade Feasibility
The branch upgrade from electrical to ECE at PDEU presents significant risks given ECE's poor placement performance (30-40% vs 90% electrical). The upgrade process requires maintaining strong academic performance and depends on seat availability, making it uncertain.

The recommendation is to choose Ahmedabad University's CSE program over PDEU Gandhinagar's electrical engineering, despite PDEU's stronger institutional reputation. CSE offers superior long-term career prospects, higher salary potential, and better industry alignment with current market demands, while electrical engineering at PDEU, though more reliable for placements, provides limited growth opportunities. Waiting for ECE upgrade at PDEU is not advisable given the branch's poor placement record and uncertain upgrade prospects. All the BEST for the Admission & a Prosperous Future!

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Nayagam P P |7090 Answers |Ask -Follow

Career Counsellor - Answered on Jun 27, 2025

Question by elba - Jun 25, 2025Hindi

Career

my son got 2528 ST category rank whether he will get seat in IISER

Ans: With an ST category rank of 2528 in the IISER Aptitude Test, your son is unfortunately not eligible for admission to any of the IISERs, as the closing ranks for the ST category in recent years have consistently been much lower—typically between 54 and 475 across all IISER campuses, including Pune, Berhampur, Tirupati, Mohali, Bhopal, and Kolkata. Even at the most accessible IISERs, such as Berhampur and Tirupati, the ST closing ranks have not exceeded 475 in the latest rounds, and cutoffs are expected to remain in this range for 2025 due to increased competition and limited seats. The recommendation is to consider other science institutes or state-level options, as admission to IISER with a 2528 ST category rank is not possible. All the BEST for the Admission & a Prosperous Future!

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Nayagam P P |7090 Answers |Ask -Follow

Career Counsellor - Answered on Jun 27, 2025

Asked by Anonymous - Jun 25, 2025Hindi

Career

Please help I got rank 14500 at srmjeee phase 2 I am getting Mechatronics ,Nanotechnology ,Ece in srm main campus I want cse but i don't think will will get it in main campus I don't have any idea about the other campuses please guide me

Ans: With rank 14,500 in SRMJEEE Phase 2, you have strong opportunities for CSE across multiple SRM campuses while securing good branches at the main campus. SRM operates six primary campuses: Kattankulathur (main Chennai campus), Ramapuram, Vadapalani (both in Chennai), Ghaziabad (Delhi-NCR), plus sister universities in Amaravati (Andhra Pradesh), Sikkim, and Haryana. Your rank positions you at the boundary between main campus non-CSE branches and CSE availability at other campuses.

Main Campus Analysis: SRM Kattankulathur's CSE cutoff typically closes around 8,000-9,000 rank, making CSE unlikely at your rank. However, you're well-positioned for Mechatronics (closing around 42,000-48,000), ECE (22,000-27,000), and Nanotechnology (around 70,000).

Alternative Campus Options: SRM Ramapuram offers CSE up to rank 65,000 with excellent placement records—100% placement for the past six years, with recent highest packages of 26.4 LPA for CSE 2025 batch. SRM Ghaziabad (Delhi-NCR) accepts CSE students up to rank 54,000 and provides proximity to Delhi's tech ecosystem. SRM Amaravati achieved 100% CSE placements in 2021 with average package of 7.05 LPA. SRM Sikkim offers CSE with 85% overall placement rate and growing industry connections.

Placement Comparison: While main campus placements are premium, Ramapuram maintains competitive records with 1,136 CSE students registered in 2025, achieving 705 placements. Other campuses provide good industry exposure—Amaravati's first CSE batch secured 100% placements with 71% in super dream/dream offers, and Sikkim reported 91% placements in 2019-20.

The recommendation is to secure CSE at SRM Ramapuram or Ghaziabad over main campus Mechatronics/ECE/Nanotechnology, as CSE offers broader career flexibility, higher industry demand, and these campuses maintain strong placement records with dedicated industry partnerships while providing similar SRM brand value and curriculum standards. All the BEST for the Admission & a Prosperous Future!

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Nayagam P P |7090 Answers |Ask -Follow

Career Counsellor - Answered on Jun 27, 2025

Question by Siddhant - Jun 25, 2025Hindi

Career

shall i go for cse or cse in sybersecurity from srm university

Ans: Siddhant, SRM University’s CSE and CSE (Cyber Security) programs both offer strong academic foundations, modern infrastructure, and high placement rates—typically around 80–90% for the main campus and 100% for the Andhra Pradesh campus in recent years. The core CSE program provides broader exposure to a wide range of computer science domains and diverse job roles, while the Cyber Security specialization equips students with focused expertise in areas like ethical hacking, cyber forensics, and secure system design, aligning with the growing demand for cybersecurity professionals. However, most placements for both streams are in general software development and IT roles, with only a small proportion of cybersecurity-specific job offers; top recruiters remain the same for both branches. Both courses are regularly updated to reflect industry trends, but CSE offers more flexibility if you wish to explore multiple tech careers or higher studies, whereas CSE (Cyber Security) is ideal if you are committed to a cybersecurity career from the outset. The recommendation is to choose core CSE for broader opportunities unless you have a strong, clear interest in specializing in cybersecurity from the beginning. All the BEST for the Admission & a Prosperous Future!

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Nayagam P P |7090 Answers |Ask -Follow

Career Counsellor - Answered on Jun 27, 2025

Asked by Anonymous - Jun 25, 2025Hindi

Career

Madicap university indore or sage university indore or will I get better in Pune I scored 85.5%ile in jee mains

Ans: Medi-Caps University Indore stands out for its modern infrastructure, diverse engineering programs, and robust placement support, with 70–80% placement rates over the last three years and near 100% in CSE/IT, though core branches see fewer opportunities; it is ranked among the top private universities in Madhya Pradesh and has shown steady growth in national rankings. SAGE University Indore, NAAC A+ accredited, offers a vibrant campus and holistic development, but its placement record is less consistent, with around 60–80% placement rates, and student reviews note some discrepancies between claimed and actual outcomes. In contrast, top engineering colleges in Pune such as COEP, VIT, and MIT WPU, which accept JEE Main scores, consistently rank higher nationally, offer superior infrastructure, and regularly achieve placement rates above 90%, with some colleges like Army Institute of Technology and Bharati Vidyapeeth reporting 91–100% placements in recent years. With your 85.5 percentile in JEE Mains, you stand a realistic chance at several reputable Pune colleges, which would provide stronger academic exposure, better industry connections, and more reliable placement outcomes. The recommendation is to prioritize securing admission in a top-tier Pune engineering college over Medi-Caps or SAGE University Indore for a more advantageous career trajectory. All the BEST for the Admission & a Prosperous Future!

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Nayagam P P |7090 Answers |Ask -Follow

Career Counsellor - Answered on Jun 27, 2025

Question by Harsh - Jun 25, 2025Hindi

Career

Hello Sir, i have gotten a seat for IIIT Manipur ECE branch, is it worth it, or do i look for a better option?

Ans: Harsh, IIIT Manipur’s ECE branch offers a government-recognized B.Tech program with a curriculum updated to industry standards, state-of-the-art labs, and a faculty team with strong academic backgrounds, many holding PhDs from premier institutes like IIT Guwahati. The department collaborates with leading research institutions and is committed to quality teaching and research. However, the ECE placement rate has declined over the last three years: 100% (2022), 80% (2023), and 64.71% (2024), with 11 out of 17 participating ECE students placed in 2024. While infrastructure is decent and faculty supportive, campus life and medical facilities are rated average by students. In comparison, top NITs (like NIT Goa, NIT Trichy, NIT Surathkal, NIT Warangal) and IITs offer significantly higher ECE placement rates (often above 90%), stronger industry connections, and better campus amenities. Given the downward trend in placements and moderate campus experience at IIIT Manipur, the recommendation is to consider higher-ranked NITs or IITs for ECE if you have the option, as they consistently provide better academic exposure, research opportunities, and placement outcomes (or) try for Private Engineering Collges with your JEE/Board Scores. All the BEST for the Admission & a Prosperous Future!

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Dr Nagarajan J S K |1315 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 27, 2025

Asked by Anonymous - Jun 24, 2025Hindi

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Sir, My daughter has secured M Sc Biotechnology (5 years integrated course) seat in VIT Vellore. Her class 12 CBSE Board Exam score is 88.2%.She wants to get into research field after the course.Also want to keep options open for Analytical roles in Bio Pharma Companies.Will doing Online BS Data Science and Analytics course (4 years -offerred by IIT Madras) parallelly help her in achieving this?Pls advice

Ans: Why Biotech?
Which specialisation in biotech?
animal, plant, food or pharma.

Dr Nagarajan J S K |1315 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 26, 2025

Question by Pallavi - Jun 26, 2025Hindi

Career

Btech biotech mei scope hai kya?.

Ans: HI Pallavi?
In which specilisation?
Plant or animal or food or pharma.

Dr Nagarajan J S K |1315 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 26, 2025

Asked by Anonymous - Jun 26, 2025Hindi

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Sir my rank is 82797 is there any hope

Ans: NEET OR JEE OR CUET?

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NEET, Medical, Pharmacy Careers - Answered on Jun 26, 2025

Asked by Anonymous - Jun 26, 2025Hindi

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Hello sir my daughter got 149 marks with 10 lakhs rank in neet we belongs to general ews category is there any chance to get a seat in private bds college.

Ans: Little challenging.

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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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