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Maxim

Maxim Emmanuel  |391 Answers  |Ask -

Soft Skills Trainer - Answered on Mar 22, 2024

Maxim Emmanuel is the marketing director of Maxwill Zeus Expositions.
An alumnus of the Xavier Institute of Management and Research, Mumbai, Maxim has over 30 years of experience in training young professionals and corporate organisations on how to improve soft skills and build interpersonal relationships through effective communication.
He also works with students and job aspirants offering career guidance, preparing them for job interviews and group discussions and teaching them how to make effective presentations.... more
Premkumar Question by Premkumar on Mar 22, 2024Hindi
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Career

Dear Sir, My son has done his BBA in July 2023.Now he is working in a BPO completing 8 months as customer support executive.He is going for night almost all days in a month,spoiling his health.I wish he takes up work in Morning.Me as his father,very much concerned about his career.Kindly suggest.

Ans: Health is Wealth.. Done BBA.. sure great opportunities exist in day shifts in Marketing Sales & Customer Support too.. Automobile, Banking, Insurance sectors.. Need such skill sets!
Career

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CAT, Management Expert - Answered on Jun 16, 2023

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My son is a graduate in BBA from Manipal University, now he is confused with his career.....and depressed about his career................... please advise as to how he should focus himself now for a good career
Ans: I'm sorry to hear that your son is feeling depressed about his career. It's not uncommon for graduates to feel uncertain about their career path, especially when they have multiple options to consider.

1. What activities does he enjoy? What subjects did he excel in during his BBA program? What kind of work environment does he prefer? This self-reflection can provide valuable insights into potential career paths that align with his personal preferences.

2. Professional networking platforms like LinkedIn can be useful for connecting with professionals in fields of interest and learning more about their experiences.

3. Your son can gain practical experience through internships or entry-level positions in industries or organizations that align with his interests. This can provide him with valuable exposure, help him gain new skills, and clarify whether a particular field is a good fit for him.

4. Network with professionals in his desired field through events, industry conferences, or online platforms. Building connections and staying updated with industry trends can provide valuable insights and potential opportunities.

Its is equally important to prioritize mental well-being. If the depression persist or worsen, seek professional help from a counselor or therapist who can provide the necessary support.

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HR, Workspace Expert - Answered on Mar 05, 2024

Asked by Anonymous - Jan 18, 2024Hindi
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My son done 12Th from ISC Board in 2020 and joined HCL Tech bee on June 2021and after Completion of Tanning in June 2022 appointed as Analyst in HCL but due to some issue he reigned on 04.01.2024. Presently he is doing BCA from with HCL Partner Team, may be HCL to be stop his BCA with his Partner. Now you are requested please advice best option for his Future.
Ans: I understand that your son has had an interesting journey so far, and it’s essential to consider the best options for his future. Given his background and current pursuit of a BCA (Bachelor of Computer Applications) degree, here are some career paths he can explore:

Master of Business Administration (MBA):
Pursuing an MBA is a popular choice after BCA. It covers various aspects of management, organization, human resources, finance, and other critical business areas. An MBA can open doors to leadership roles and enhance his business acumen1.
Technical Analyst:
As a technical analyst, he can analyze technical requirements, troubleshoot issues, and provide solutions. This role doesn’t necessarily require extensive coding skills but demands a strong understanding of technology and problem-solving abilities.
Data Scientist:
Data science is a rapidly growing field. If he enjoys working with data, statistical analysis, and machine learning, becoming a data scientist could be a rewarding path. Data scientists extract insights from data to drive business decisions.
Web Developer:
Web development involves creating and maintaining websites. While coding skills are beneficial, there are tools and platforms that simplify web development. He can specialize in front-end (user interface) or back-end (server-side) development.
Digital Marketer:
Digital marketing focuses on promoting products or services through online channels. It includes social media marketing, content creation, SEO, and analytics. Coding is not a prerequisite for digital marketing.
Software Developer Trainee:
If he wants to continue in software development, he can explore entry-level roles as a software developer trainee. These positions often involve learning on the job and gradually gaining expertise.
Cyber Security Expert:
Cybersecurity is critical in today’s digital landscape. Cybersecurity experts protect systems, networks, and data from threats. While some roles may require coding, others focus on policy, risk assessment, and security protocols.
Blockchain Developer:
Blockchain technology is gaining prominence. Developers in this field work on creating decentralized applications (DApps) and smart contracts. While coding is involved, it’s a specialized skill.
Banking Sector:
The banking and financial industry offers various roles related to technology, operations, and customer service. He can explore positions in banking operations, customer relationship management, or IT support.
E-commerce Executive:
E-commerce companies require professionals to manage their online platforms, product listings, and customer interactions. This role involves understanding e-commerce tools and platforms.
Educator:
If he enjoys teaching, he can explore opportunities in education. Becoming a computer science teacher or trainer allows him to share his knowledge with others.
Remember that each career path has its own requirements and growth prospects. Encourage your son to explore his interests, gain practical experience through internships, and stay updated with industry trends. His passion and dedication will play a significant role in shaping his successful future!

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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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