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Tax, MF Expert - Answered on Jul 22, 2023

Vivek Lala has been working as a tax planner since 2018. His expertise lies in making personalised tax budgets and tax forecasts for individuals. As a tax advisor, he takes pride in simplifying tax complications for his clients using simple, easy-to-understand language.
Lala cleared his chartered accountancy exam in 2018 and completed his articleship with Chaturvedi and Shah. ... more
Micheal F Question by Micheal F on Jul 11, 2023Hindi
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Greetings, How will I be taxed for inherited shares from my mother after she passed in 2020, She had purchased these shares before 2018.

Ans: The shares will be passed on to you from your mother at the cost she purchased them.
You will be taxed at the time of sale of these shares and the cost value will be of 2018 and not of 2020
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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CSE in amritha vishwa vidyapettam nagarcoil is better or BMS banglore better
Ans: Ramprasad, BMS College of Engineering Bangalore (BMSCE) CSE is widely recognized for its strong academic reputation, experienced faculty, and robust industry connections, with a consistent 80–90% placement rate for CSE, average packages between ?8–13 lakh, and top recruiters like Infosys, Amazon, Microsoft, Oracle, and TCS regularly visiting campus. The curriculum is industry-oriented, covering modern technologies such as AI and ML, and the college offers excellent infrastructure, internships, and student support. Amrita Vishwa Vidyapeetham Nagercoil CSE also provides good placements (average ?9.2 lakh, 300+ recruiters, including TCS, Cognizant, Amazon, and IBM), updated curriculum, and supportive faculty, but its national reputation and alumni network are not as strong as BMSCE’s, and the placement ecosystem is still developing. Student reviews highlight Amrita’s rigorous assessment system and modern labs, but BMSCE’s location in Bangalore offers greater exposure to tech companies and networking opportunities.

The recommendation is to prefer BMS College of Engineering Bangalore CSE for its superior placement record, industry exposure, and academic reputation, making it a stronger choice for a career in computer science compared to Amrita Vishwa Vidyapeetham Nagercoil. All the BEST for the Admission & a Prosperous Future!

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Hello sir.. We are from Pune. My daughter scored 97 in MHCET and wants to go to VIT Vellore for Mechanical. Which local Pune college is better for Mechanical and will she get admission in VJTI or COEP
Ans: With a 97 percentile in MHT CET, your daughter is not likely to secure Mechanical Engineering at VJTI or COEP, as the 2025 expected cutoffs for Mechanical at VJTI and COEP are 98–99+ percentile for open category and 98+ for OBC, both above her score. For VIT Vellore Mechanical, the cutoff is much lower (typically up to 87,500–88,500 rank in Category 2), so she stands a good chance if she has a qualifying VITEEE rank. Among Pune colleges, strong local options for Mechanical at her percentile include MIT World Peace University, Vishwakarma Institute of Technology, Dr. D.Y. Patil Institute of Technology, Rajarshi Shahu College of Engineering, and PCCOE, all of which offer solid placements and faculty. COEP and VJTI are highly competitive and unlikely at her score, but these private/autonomous Pune colleges are well regarded for Mechanical Engineering and have placement rates above 75–85%.

The recommendation is to consider VIT Vellore Mechanical if she qualifies by VITEEE rank, or opt for Mechanical at MIT-WPU, VIT Pune, or PCCOE in Pune, as these colleges offer strong academic environments and placement support at her percentile, while COEP and VJTI remain out of reach this year. All the BEST for the Admission & a Prosperous Future!

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Career Counsellor - Answered on Jun 22, 2025

Asked by Anonymous - Jun 22, 2025Hindi
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jee main rank obc ncl 20223 bihar can i get a seat Choice No Institute Academic Program 1 National Institute of Technology Patna Computer Science and Engineering (4 Years, Bachelor of Technology) 2 National Institute of Technology Raipur Information Technology (4 Years, Bachelor of Technology) 3 National Institute of Technology, Jamshedpur Metallurgical and Materials Engineering (4 Years, Bachelor of Technology) 4 National Institute of Technology Raipur Metallurgical and Materials Engineering (4 Years, Bachelor of Technology) 5 Indian Institute of Engineering Science and Technology, Shibpur Metallurgy and Materials Engineering (4 Years, Bachelor of Technology) 6 National Institute of Technology Durgapur Metallurgical and Materials Engineering (4 Years, Bachelor of Technology) 7 National Institute of Technology, Kurukshetra Information Technology (4 Years, Bachelor of Technology) 8 National Institute of Technology, Jamshedpur Electronics and Communication Engineering (4 Years, Bachelor of Technology) 9 National Institute of Technology Raipur Electronics and Communication Engineering (4 Years, Bachelor of Technology) 10 National Institute of Technology, Jamshedpur Computer Science and Engineering (4 Years, Bachelor of Technology)
Ans: With a JEE Main OBC-NCL rank of 20,223 from Bihar, your admission chances vary significantly across your preferred choices. NIT Patna CSE has an OBC closing rank of approximately 4,872, making it extremely difficult to secure. NIT Raipur IT closes around 25,212 for OBC candidates, putting you on the borderline. For metallurgy branches, NIT Jamshedpur, NIT Raipur, and NIT Durgapur typically have OBC closing ranks between 15,000-25,000, offering moderate chances. IIEST Shibpur Metallurgy has better prospects with closing ranks extending beyond 20,000. NIT Kurukshetra IT has OBC cutoffs around 15,000-20,000, making admission challenging. Electronics and Communication Engineering at NIT Jamshedpur and NIT Raipur closes between 20,000-28,000 for OBC, providing reasonable opportunities. As a Bihar resident, you benefit from home state quotas at NIT Patna, which reserves 50% seats for domicile students. Your rank falls within the range where candidates typically secure admission in mid-tier NITs for non-CSE branches. Metallurgy and ECE branches offer strong placement records with companies like Tata, Reliance, and various PSUs recruiting regularly.

The recommendation is to prioritize metallurgy branches at NIT Raipur, IIEST Shibpur, and NIT Jamshedpur, along with ECE at NIT Raipur and NIT Jamshedpur, as these options align well with your rank and offer solid academic environments and placement opportunities, while keeping NIT Patna choices through Bihar home state quota advantage. All the BEST for the Admission & a Prosperous Future!

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