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Chocko

Chocko Valliappa  |452 Answers  |Ask -

Tech Entrepreneur, Educationist - Answered on May 17, 2024

Chocko Valliappa is the founder and CEO of Vee Technologies, a global IT services company; HireMee, a talent assessment and talent management start-up; and vice chairman of The Sona Group of education institutions.
A fourth-generation entrepreneur, Valliappa is a member of Confederation of Indian Industry, Nasscom, Entrepreneurs Organization and Young Presidents’ Organization.
He was honoured by the YPO with their Global Social Impact award in 2018.
An alumnus of Christ College, Bangalore, Valliappa holds a degree in textile technology and management from the South India Textile Research Association. His advanced research in the Czech Republic led to the creation of innovative polyester spinning machinery.... more
Asked by Anonymous - Apr 12, 2024Hindi
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Career

My son completed his Master's in Industrial Engineering at NCSU in North Carolina , U.S.A. Due to the difficult job situation there he is unable to secure a job even after 10 months. What are the alternative job situations available for him in India? Or , what should he do on returning home?

Ans: It is natural for parents to get concerned in these situations. And as parents you have to encourage them and let them take the right decisions. In absence of his scores, interest and opportunities it is tough to respond. Suggest to him to explore placement opportunities using various resources and events organized by the university.

I am told NCSU hosts one of the largest engineering career fairs, held biannually, attracting employers from diverse industries, providing students with significant networking opportunities and potential job leads?.
He can also explore Corporate Partnerships and Alumni Network and look for access to internships, co-ops, and job placements through these connections. If he is keen he can also pursue a Doctoral studies with a scholarship.
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Sushil

Sushil Sukhwani  |555 Answers  |Ask -

Study Abroad Expert - Answered on Jul 15, 2023

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Sushiolj sir. My son has completed his MS in Computer Science from University of Colorado, Boulder( one and a half months back), Due t o recession as of now he has no job and searching for a job, there itself. before going to US he has four years exp in soft ware field, whether he should stay for some more time or he should see a job in India itself, what is your personal opinion please.
Ans: Hello Prasanna,

First and foremost, thank you for getting in touch with us. I understand your anxiety regarding your son's job possibilities after earning his MS in Computer Science at the University of Colorado. The job market can be difficult, particularly during times of recession. For the purpose of deciding whether to hunt for employment in the United States or move back to his own country, it is advised that your son take into account the following factors:

1. Analyze the employment situation in both places.
2. Consider his immigration situation and work permit.
3. Consider his professional network and relationships.
4. Consider his long-term professional objectives and the opportunities available.
5. Consider the financial consequences of each option.
6. Consider personal preferences, as well as cultural and lifestyle influences.
7. During the job search process, be tenacious and patient.
8. Use the time to network and gain new skills.

Finally, the decision should be based on a blend of practical and personal preferences.

For more information, you can visit our website.

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Sushil

Sushil Sukhwani  |555 Answers  |Ask -

Study Abroad Expert - Answered on Mar 06, 2024

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My son has graduated chemical engineering in 2023 and working in yokogawa from 4month but he is not interested in that job as its not highly technical,he is a bright student has done two internships during graduation itself and published review paper in European journal also, he is more passionate to do his master's in US in Purdue in chemical with data science but we are worried to take huge loans as we r middle class what if he didn't get jobs after masters in USA and in India there is only low paying jobs, kindly guide us
Ans: Hello Husna. To begin with, thank you for contacting us.
Coming to the question, it is understandable that you have certain concerns regarding your son’s education in the USA. Given the potential burden regarding finances, here are some factors that you can consider.
1. Encourage your son to explore various funding options in the USA. This includes researching about various scholarships, finance assistance, tuition-fee waivers and stipend for research or teaching assistance.
2. Universities offer career services for its students. This could be an advantage for your son for better job prospects and connecting with potential employers.
3. Consider Return on Investment (ROI) by pursuing a master’s degree in Chemical Engineering from Purdue University. Consider job prospects, annual gross salary, demand in the market, etc.
4. A master’s degree is considered one option, your son can consider alternative academic paths like certifications or diploma.

For further assistance you can get in touch with us.

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Nayagam P

Nayagam P P  |3918 Answers  |Ask -

Career Counsellor - Answered on Nov 24, 2024

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Career
Sir i am currently in class 11 th and i just want to prepare for jee mains and advanced 2026 exam so give me some roadmap to achieve and also guide me for computer science
Ans: Shreya, I trust that you have already enrolled in a coaching center, whether it be online or in person, and have finished your eleventh syllabus. (1) If you have not yet created your own short-notes for the 11th syllabus that has been completed, prepare it and continue to revise them every three days until 2026, even after you have commenced studying the 12th syllabus in December 2024. (2) Review the questions that you have incorrectly answered or skipped in mock tests conducted by your Coaching Center and/or practiced independently. (3) In order to increase your rank/percentile by targeting computer science at a reputable college/institute, prioritize mathematics (although all three subjects are equally important). (4) You should be thorough with NCERT books, particularly those pertaining to chemistry, in conjunction with the materials provided by your coaching institute. (5) Have 1-2 reference books for each subject. Not exceeding two. (6) Review the questions that were incorrectly answered or skipped in your mock and practice exams and retake the test. It is advisable to maintain a distinct note-book for these types of questions, which should include answers and elucidating notes, in order to review them repeatedly for all three subjects. (7) Download the SYLLABUS of JEE Main 2025 (available on Google by searching for "JEE Main Information Bulletin") and print it out, as there will be no significant changes to the syllabus in 2026. Maintain it on your study table and continue to update the 11th syllabus chapters and concepts that you have covered to date by marking them with a checkmark. This will boost your confidence if you continue to update the same till November 2025. (8) A slight difference in Syllabus might be visible when you acquire the 2026 JEE Main / JEE Advanced Syllabus. The same can be resolved within 15 days to one month in 2025-26. (9) Increase your productivity by studying for 45 minutes to 1 hour, taking a 10-minute break, and then continuing for 45 minutes. (10) Take a 2-3 minute break every 45 minutes while practicing questions, whether offline or online. This break should consist of closing your eyes and taking long breaths to enhance your concentration and mental capacity. (11) Additionally, it is recommended that you acquire the 20-40 PREVIOUS years question paper book of JEE (Main & Advanced) from Amazon. Arihant's, Disha's, or MTG's publications are recommended. Once you have finished reading a chapter, practice and complete it to determine the extent to which you have comprehended the concepts and to identify areas that require improvement. (12) By October 2025, ensure that you have reviewed significantly more than 90% of the previous years questions. Your confidence will be further bolstered by this. (13) After the mock test is completed at your coaching center, clarify all incorrectly answered or ignored questions and continue to revise and practice them, as these types of questions will significantly disrupt your performance in the actual JEE. (14) If you are a regular school student, inquire with your class teacher about the minimum attendance requirement as outlined in the Board's regulations (State, CBSE, ICSE, etc.). Utilize the remaining 15% by taking time off and preparing for your JEE, if only 85% attendance is required. (15) THE MOST IMPORTANT Value Added Suggestion: Rather than solely relying on JEE, please participate in 5-7 entrance exams/counseling process with a JEE score for getting admission into any one of the private engineering colleges to have a variety of options to select the most suitable one. All the BEST for Your Prosperous Future.

To know more on ‘ Careers | Education | Jobs’, ask / follow Us here in RediffGURUS.

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T S Khurana

T S Khurana   |197 Answers  |Ask -

Tax Expert - Answered on Nov 23, 2024

Asked by Anonymous - May 11, 2024Hindi
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Money
Can you please suggest on capital gains as per Indian taxation laws arising in the below two queries : 1) property purchased with joint ownership, me and my wife’s name in 2015 at a cost of 64,80,000, housing improvements done for the cost of 1000000 and brokerages of 200000 paid and sold the same property at 10000000 in Dec 2023? 2) 87% of the proceeds got from the deal i.e 8700000, have been reinvested to pay 25% amount in purchasing another joint ownership property in Dec 2023, 3) I have invested in another under construction property in Nov 2023 by taking housing loan, which is on me and my wife’s name worth 1.4 cr, here the primary applicant is me only while wife is just made a Co applicant in the builder buyer agreement and also on the housing loan . So what are the LTCG tax liabilities arising from the above 3 scenarios for FY 2023-2024 and FY 2024-2025. I intend to sale off the property acquired in (2) by Dec 2024 and use that proceeds to close the housing loan for the property acquired in (3), will this sale of property be inviting any tax liabilities if the complete proceeds received from the sale of the property in (2) would be utilised to close the housing loan taken in Nov 2023 for the property in (3) ? Since in FY 23-24, I would be claiming the LTCG from the sale proceeds of 1) invested in the purchase of property in 2), and I intend to sale off this property in Dec 2024, will the LTCG claim be forfeited on the property sale in (1), should I hold this property at least for further 1 year so that sale of this property in 2) will not invite STCG?
Ans: (A). Let's first talk about F/Y 2023-24 :
You jointly sold a Property during the year for Rs.76.80 lakhs (64.80+10.00+2.00), & sold the same for Rs.100.00 lakhs.
You have jointly also purchased Property No.3 (I suppose it is Residential only), for Rs.140.00 lakhs.
You should avail exemption u/s-54 & file your ITR accordingly. Please disclose all details about sale & purchase in your ITR.
02. Now coming to the F/Y 2024-25 :
You intend to Sell Property No.2, which was acquired in 2023-24. Any Gain on Sale of it would be Short Term capital Gains & taxed accordingly.
Alternatively, you may hold this sale of property no.2 (for 2 years from its purchase) & avoid STCG
You are free to utilize the sale proceeds in a way you like, including paying off your housing Loan.
Please note to avail exemption u/s 54 only from investment in property no.3 & not 2.
Most welcome for any further clarifications. Thanks.

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