Home > Career > Question
Need Expert Advice?Our Gurus Can Help
Aashish

Aashish Sood  |115 Answers  |Ask -

CAT, Management Expert - Answered on Jun 16, 2023

Aashish Sood is an IIM-Lucknow alumnus who has been teaching maths and quantitative aptitude to MBA aspirants for over a decade.
He also mentors management student hopefuls for the group discussion and personal interview rounds that follow competitive examinations.
He has appeared for CAT seven times since 2016 and scored in the 99.9 percentile.
Sood has 16 years of work experience as a management consultant, strategy consultant and research associate.... more
MONSI Question by MONSI on Jun 13, 2023Hindi
Listen
Career

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.
Career

You may like to see similar questions and answers below

Aashish

Aashish Sood  |115 Answers  |Ask -

CAT, Management Expert - Answered on Nov 24, 2023

Listen
Career
My son is a B Tech (2015 from APJA Univ. UPTECH) and MBA in Marketing (2021 from DTU). Since 2016 he has been engaged with TCS (3 years in IT & 2 year in Marketing after completion of MBA ). He is now looking for a better carrier growth in Marketing. Due to less career growth with present employer and after completion of his MBA, he looks forward for a better opportunity. In market he is not able to get better opportunity. He has been trying various organization but not able to get any result. Can you suggest how he can get a better option with regard to career and financially. I think this the right time to have a change for better career growth. Presently he is 30 years old.
Ans: Certainly, I can provide some advice for someone looking to enhance their career

1. I would your son to evaluate his skills, strengths, and weaknesses. Consider the long-term career goals and the industries or roles that align with them.

2. Attend industry events, conferences, and seminars to expand his professional network.

3. Update his Resume and LinkedIn Profile. Ensure that the resume reflects his

4. Consider online courses, certifications, or workshops to stay current in his field.

5. Attend workshops, webinars, or training programs to enhance professional development.

6. He can consider Recruitment Agencies or partner with recruitment agencies or headhunters that specialize in his industry.

Job searches can take time. Stay positive, be persistent, and don't get discouraged by rejections. Consider temporary or freelance opportunities to gain experience while continuing the job search.

..Read more

Latest Questions
T S Khurana

T S Khurana   |197 Answers  |Ask -

Tax Expert - Answered on Nov 23, 2024

Asked by Anonymous - May 11, 2024Hindi
Listen
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.

...Read more

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.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x