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Samraat Jadhav |2302 Answers |Ask -Follow

Stock Market Expert - Answered on Apr 24, 2023

Samraat Jadhav is the founder of Prosperity Wealth Adviser.
He is a SEBI-registered investment and research analyst and has over 18 years of experience in managing high-end portfolios.
A management graduate from XLRI-Jamshedpur, Jadhav specialises in portfolio management, investment banking, financial planning, derivatives, equities and capital markets.... more

Question by DILIP on Apr 22, 2023Hindi

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Gross Salary is Rs 23,00,000. Investments are 80C - 150000, NPS -50K, Health Insurance for Self and Spouse Rs 35K. Employee PF deducted every month from payslip is Rs9960. Which regime should be best for me? New or Old?

Ans: OLD

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 Mahesh - Feb 01, 2023Hindi

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For a person earning 40 lakhs per year, with an 80CC of 1.5 lakhs and an 80D of 25000 rupees, which is the best regime to choose new or old?

Ans: As a thumb rule - if you are saving more than 110000/- on taxes through various tax saving schemes - have carry forward losses - then remain with the old regime - otherwise shift over. (Disclaimer : The views given are personal. Please consult your CA or Investment Advisor/Tax Consultant before acting on my views)

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Question by Vijay - Feb 05, 2023Hindi

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I have 36L as salary income, i also have 1.5 lakhs on 80c insurance and vpf additional of 50k.Can you please help to distinguish which regime is better to opt going forward.

Ans: New regime is better

Mihir Tanna |1054 Answers |Ask -Follow

Tax Expert - Answered on Apr 11, 2023

Asked by Anonymous - Apr 10, 2023Hindi

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Salary is Rs 28,50,000. Investments would be : Contribution to 80C - Rs 1.5L, NPS-50K, HR Paid - 5.7L per year, 80D Medical : Insurance Premium for self and spouse : Rs 19108 and for parents : Rs 50K. Which regime should be better to select : Old or New?

Ans: In the absence of salary structure, it is not possible to claim HRA exemption. You can calculate the same at https://incometaxindia.gov.in/Pages/tools/house-rent-allowance-calculator.aspx

Considering income and quantum of deductions, old regime is likely to be beneficial and after calculation of HRA exemption, you can check the same at https://eportal.incometax.gov.in/iec/foservices/#/TaxCalc/calculator

Sanjeev Govila |458 Answers |Ask -Follow

Financial Planner - Answered on Apr 22, 2023

Asked by Anonymous - Apr 15, 2023Hindi

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Gross Salary is Rs 1355149. Investments are 80C - 133000, NPS -50K, Health Insurance for Self and Spouse Rs 15K. Employee PF deducted every month from payslip is Rs 5772. Which regime should be best for me? New or Old?

Ans: The new tax regime will be better for you in the FY 2023-24.

Mahesh Padmanabhan |124 Answers |Ask -Follow

Tax Expert - Answered on May 03, 2023

Question by Mohtashim - Apr 22, 2023Hindi

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Gross Salary is Rs 1500000. Investments are 80C - 150000, NPS -50K, House rent is 390000. Which regime should be best for me? New or Old?

Ans: Hi Mohtashim
Would suggest that use the following link calculator to check the better option. You would need to keep the HRA exemption readily available to work out the benefit

https://incometaxindia.gov.in/Pages/tools/115bac-tax-calculator-finance-bill-2023.aspx

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Asked by Anonymous - May 28, 2025

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I have done pcb in class 12th then i gave neet for 3 drops and failed..i was getting course adm beside mbbs bds in private colleges but i didnt took it now i dont want to study all this..im thinking now to give cat..I'm thinking to take bcom in finance and accounting from local colleges in city should i go for it or not? Im confused? Or should i opt for agriculture, bsc nursing, pharma for 4 yrs for job security bt I'm worried of my age because I'm a girl..also i applied for BA IN IGNOU last year now I'm thinking go for offline bcom so that i can learn something and do some extracurriculars bt it will increase my 1 drop year also i want to ask that what should i do for make me profile good..i have 76% in 10th 70% in 12th

Ans: Can do 3 year BCom course and then prepare for MBA entrance exam like CAT. Do a specialised course like agriculture or nursing only if you are interested in it.

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In 2023 I had given Ipmat exam along with Narsee Mojee and Mit for bba programee. I got selected in both narsee monjee and mit and got 30 marks less than the cut off in ipmat. Then in 2024 i had taken admission in a private college for bba and had given ipmat once again. And i had failed once again. Now I got stuck in this college for 2 more years. And is blind regarding what to do in future. Thinking about Cfa but its is costly and I cant afford to fail more than once in it.

Ans: Can do CFA course now along with your BBA. You can simultaneously start preparing for CAT26. Your IPMAT preparation would help you for CAT.

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CAT, XAT, CMAT, CET Expert - Answered on May 29, 2025

Asked by Anonymous - May 29, 2025

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I pursued commerce in 12th and got 79 percent with maths in 12th i was preparing for Ipmat and got 245 marks in obc category and also got selected in nmims and mit for bba programme . But later i decided to get a dummy college for bba and once again prepare for ipmat but now i failed in the exam and i got stuck in the tier 3 college. I am confused what to pursue next . I am confused between cfa . Cat or mba from abroad.

Ans: Can do CFA course now along with your BBA. You can simultaneously start preparing for CAT26. Your IPMAT preparation would help you for CAT.

Patrick Dsouza |1082 Answers |Ask -Follow

CAT, XAT, CMAT, CET Expert - Answered on May 29, 2025

Asked by Anonymous - May 28, 2025

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My son got less than satisfactory marks in 12th board but has got chance in a private engineering college in biomedical engineering b.tech after scoring very good marks in their entrance exam. Please let me know about the prospects of B.tech in BME.

Ans: Biomedical Engineering - the scope is working in hospitals or companies that manufacture and sell these equipment. In India as of now there is not much scope for research in this field.

Patrick Dsouza |1082 Answers |Ask -Follow

CAT, XAT, CMAT, CET Expert - Answered on May 29, 2025

Question by sriharipaidikavali - May 29, 2025

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Sir I had got 121 marks in MET examination with a board percentage of 970marks in intermediate can I choose mathematics and computing branch in banglore campus

Ans: Can try and choose that option. there is no restriction for you to try for that option.

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Question by anu - May 29, 2025

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Ans: Just prepare for basic hr questions like tell me something about yourself, why should we take you, exptracurricular activities, etc. Also prepare for questions like why the college and why the course.

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CAT, XAT, CMAT, CET Expert - Answered on May 29, 2025

Asked by Anonymous - May 29, 2025

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My daughter got 88%in pcb cbse exam.she wants to pursue bsc biotechnology.how are future prospects in Ferguson college of Pune or Ramayya institute of technology Bangalore? Which one she should go for?..... kindly suggest

Ans: Both the colleges you mentioned are extremely good. As a college I would rate Ferguson as a better college but for technology Ramya institute would be a better option.

Radheshyam Zanwar |2524 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on May 29, 2025

Asked by Anonymous - May 29, 2025

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I am scoring around 440 in NEET 2025 OBC category. Should I participate in All India Counselling for govt college or will it be a waste of money if I don't get a MBBS govt seat as I can't afford to get into private medical college

Ans: Hello Dear
Avoiding involvement in the AI counseling process would be a prudent choice. It is advisable to take part in the counseling process at the state level.
Best of luck to you.
Follow me if you like the reply. Thanks
Radheshyam

Radheshyam Zanwar |2524 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on May 29, 2025

Asked by Anonymous - May 29, 2025

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My jee mains 2025 rank is 63000(crl). Can i get admission in some good government college for biomedical engineering? Or biotech engineering? Also, i am a pcb student

Ans: Hello dear
Keep hopes alive and participate actively in the counseling process.
Best of luck to you.
Follow me if you like the reply. Thanks
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Asked on - May 29, 2025 | Answered on May 29, 2025

Any college suggestions to put up on the preference list?

Ans: Not possible to provide the list the names of colleges spread across the pan India.

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MHT-CET, IIT-JEE, NEET-UG Expert - Answered on May 29, 2025

Asked by Anonymous - May 29, 2025

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I got 17k rank in jee mains and 5k rank in VITEEE and 99.6% for cbse boards. what should i go for

Ans: Hello dear
Unfortunately, we cannot provide predictions regarding the admission and counseling procedures for VIT and similar universities. Kindly contact the VIT administration and the counseling services.
Best of luck to you.
Follow me if you like the reply. Thanks
Radheshyam

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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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