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Mayank Kumar | Answer |Ask -Follow

Education Expert - Answered on May 11, 2023

Mayank Kumar is the co-founder and managing director of upGrad, a higher EdTech company. With over 10 years of experience in the education sector, Kumar can offer guidance about degree courses, campus, job-linked and executive programmes and studying abroad.An MBA graduate from ISB Hyderabad, he holds a BTech in mechanical engineering from IIT Delhi.... more

Question by Kasak on Apr 11, 2023Hindi

Career

I want to become lawyer.. How do I start?

Ans: To begin with, you would have to give the test of CLAT. For which you need to study as it is an entrance test and once you clear the same, you will be eligible to apply into a college basis your marks. Once you have that in the clear, you need to finish an LLB (5 year course) post which you need to apply with the BCI - Bar Council of India and obtain a certificate of enrollment. After enrolling with the BCI, you need to undergo a one-year apprenticeship with a senior advocate or a law firm to gain practical experience. Once you complete your apprenticeship, you need to appear for the All India Bar Examination (AIBE) conducted by the Bar Council of India. Once you clear this is when you get to become a lawyer

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Maxim Emmanuel |391 Answers |Ask -Follow

Soft Skills Trainer - Answered on Mar 27, 2024

Asked by Anonymous - Mar 26, 2024Hindi

Career

I am currently 4th Year BALLB law student, i initially wanted to study for judiciary but now seeing the real face and the excess amount of hard work with no guidnce that too with less than 1 % chance to qualify, i am not sure. Everyone is getting internship or working under lawyer. I am getting none, i am seriously confused what to do. They only want someone with prior experience. Advocacy is not my thing and i don't want to leave a law background. What should i do? I am so confused please help me

Ans: Pursue Corporate Law, every known company has a legal department ..send resume directly to website especially consumer companies!

Shekhar Kumar | Answer |Ask -Follow

Leadership, HR Expert - Answered on Apr 12, 2024

Question by Lomina - Apr 12, 2024Hindi

Career

How to do after ballb in order to get in the corporate law sir

Ans: Thank you for making contact. Here are some tips that will help you to pursue a career in corporate law:

You should start sending your resume along with your cover letter highlighting your interest in corporate law to entry level positions at law firms and legal departments. Look for internship position in corporate law that offer you a hands-on experience and expertise in this field. You should enroll in specialized courses and programs to obtain certification along with attending workshops to enhance your expertise in corporate law. Use social media sites to build professional connections with leading corporate lawyers and professionals within legal industry. Attend online seminars, conference to meet potential employers and mentors. Some of the most promising job openings for you includes Corporate Lawyer, In-House Counsel, Corporate Litigator, Corporate Governance Specialist, Mergers and Acquisitions (M&A) Lawyer, Securities Lawyer, Corporate Compliance Officer, Corporate Governance Consultant, Corporate Finance Lawyer and Transactional Lawyer today to work in corporate sector. Kindly keep yourself updated about the latest legal trends and developments by reading industry publications as well.

Always remember that lawyers are foot soldiers of every constitution. The secret of getting ahead in your career is by getting started by breaking your complex overwhelming task into small manageable tasks and starting with the first one as soon as possible. I wish you best of luck as you get on this thrilling journey ahead! Feel free to reach out to me on Rediff Gurus if you require any additional guidance or assistance in the future.

Maxim Emmanuel |391 Answers |Ask -Follow

Soft Skills Trainer - Answered on Aug 02, 2024

Asked by Anonymous - Jul 26, 2024Hindi

Career

Hello.. My age is 40 i have just completed my law and started as an intern could you please guide me options available where i can try.

Ans: The options are at law firms,corporates,education institutions or even simple private practice.

If you do need further professional advice happy to assist
https://m.me/maxim.emmanuel.2024

Latest Questions

Radheshyam Zanwar |1059 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Nov 23, 2024

Asked by Anonymous - Nov 23, 2024Hindi

Career

My son graduated BE CSC with 8.9 CGP was offered a job as system engineer inTCS in April when he was in his 8th semister. Till November 23 he didn't get the on boarding letter, in the meantime whe appeared in two' exams under same offer. Advice what has been going on.

Ans: Hello.
Whatever you are saying is just shocking. The track record of TCS is not like that, as you described in your question. It would be better to contact TCS again and ask them when they will give on boarding letter. It is not clear from your query whether your son had done some correspondence with TCS or not related to the job offered. It is also not clear which two exams he appeared in. If not selected in a campus interview, searching for a job might be tedious but not so difficult. Ask your son to post a strong resume on the LinkedIn portal and remain in touch with his seniors. Please visit the websites of renowned companies daily to search for vacancies. There are many job-offering portals where he can register his name. Please ask the college placement division for any placement opportunities.
Wishing the best of luck for his bright future.

If satisfied, please like and follow me.
If dissatisfied with the reply, please ask again without hesitation.
Thanks.

Radheshyam

T S Khurana |197 Answers |Ask -Follow

Tax Expert - Answered on Nov 23, 2024

Asked by Anonymous - May 11, 2024Hindi

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.

T S Khurana |197 Answers |Ask -Follow

Tax Expert - Answered on Nov 23, 2024

Question by Dipak - Nov 18, 2024Hindi

Money

Sir, Grateful for your reply dtd 15th instant stating my estimated tax liability for FY 24- 25. Would you kindly let me know break up of my tax calculation specially in respect of my LTCG. With kind regards D chakraborty

Ans: I am not in a position to trace my previous reply. Please mention exact date, to enable me to trace the same.
Further I would like to mention here that tax liability cannot be worked out unless complete information about your Income from all sources & all tax savings details are there.
Most welcome for any further clarifications. Thanks.

T S Khurana |197 Answers |Ask -Follow

Tax Expert - Answered on Nov 23, 2024

Question by Krishna - Aug 26, 2024Hindi

Money

Hi, I retired on 31 March 2024. I turned 60 years in November 2023. I have not yet with drawn my PF funds. Will the total accumulation be eligible for interest payment for 3 years post March 2024. Kindly advice.

Ans: You should be entitled to Interest on your PF account, at least for 3 years after your retirement.
Most welcome for any further clarifications. Thanks.

T S Khurana |197 Answers |Ask -Follow

Tax Expert - Answered on Nov 23, 2024

Asked by Anonymous - Nov 20, 2024Hindi

Money

I have superannuation schrme with presemt employer and they have discountinued the same. I sm of age 54 years now and employer asked to withdraw 33% fund and balance fund will convert in pension scheme. I have question that this 33% fund will attract tax as per Invome tax of Indian Govt?

Ans: 01. Payment of 33% of Fund being received at the time of Voluntary Retirement/Superannuation is taxable under the head "Income from Salary." However, a maximum of Rs.5,00,000.00 is exempted u/s 10(10)(C), subject to certain conditions. Since your question does not specify the nature of Job, the Company in which you served, Length of service & Whether the scheme of Superannuation is approved or not etc,, it is difficult to give you a clear view.
Most welcome for any further clarifications. Thanks.

Radheshyam Zanwar |1059 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Nov 23, 2024

Question by Srinivasa - Nov 23, 2024Hindi

Career

Best college for bachelor in computer science in india other than iit, iiit, nit, bits

Ans: Hello Srinivasa
It would be biased to quote the name of only a single college for CSE in India. Yet you can choose the best which is suitable for you from the following list:
(1) Vellore Institute of Technology (VIT), Vellore
(2) SRM Institute of Science and Technology (SRMIST), Chennai
(3) Shiv Nadar University (SNU), Greater Noida
(4) PES University (PESU), Bengaluru
(5) Christ University, Bengaluru
(6) Jain University, Bengaluru
(7) Amrita Vishwa Vidyapeetham, Coimbatore
(8) Manipal Institute of Technology (MIT), Manipal
(9) Ashoka University, Sonipat (for Computational Sciences)
(10) Kalinga Institute of Industrial Technology (KIIT), Bhubaneswar
(11) Symbiosis Institute of Technology (SIT), Pune
(12) Chandigarh University, Chandigarh
(13) Lovely Professional University (LPU), Jalandhar
(14) DA-IICT, Gandhinagar
(15) NMIMS (Mukesh Patel School of Technology), Mumbai
Before selecting the college, please check the parameters such as Placement Records, Location, Specializations, Campus Facilities, Alumni Network, etc.

If satisfied, please like and follow me.
If dissatisfied with the reply, please ask again without hesitation.
Thanks.

Radheshyam

Dr Dipankar Dutta |697 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Nov 23, 2024

Asked by Anonymous - Nov 22, 2024Hindi

Career

Hello sir I am currently studying in diploma in Mechanical engineering of semester -v and my age is 20 years.Are you advice best career options after diploma.

Dr Dipankar Dutta |697 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Nov 23, 2024

Asked by Anonymous - Nov 22, 2024Hindi

Career

I am completed B.Tech. in Civil (7.42) in 2023 but didn't get any job. Since then I start preparation for government exam but haven't had a chance yet. I am totally confused and frustrate about my career. What should I do right now?

Ans: Donot become frustrated. You have to hard work and dedication to get govt. job

Dr Dipankar Dutta |697 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Nov 23, 2024

Question by Brahmendra - Nov 21, 2024Hindi

Career

Hello Sir, this is Brahmendra an IT professional for past 20 years. My son is studying +1 and preparing for JEE along with other engineering entrance exams. Academically, he is an above average student (scored 90% in class X CBSE) but has good aptitude & reasoning skills. Somehow, he likes to study mechanical engineering. Q1) Nationally, what colleges are good/best for mechanical? 2) In worst case, if he could not get into premium colleges like NITs, IITs, VITs & CBITs etc., can he still make a good career in that field? 3) Are there enough campus interviews happening for that branch in their industry and do they have enough off-campus opportunities? Being in IT industry, I am aware even an average student with good skills in programming can easily make their career. But when I was teaching him the programming in his previous classes, he did not find it interesting.

Ans: A1. IITs and NITs are best A2. In that case, he should do master's from foreign university A3. Campus interviews and off-campus is less than IT/CSE

Dr Dipankar Dutta |697 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Nov 23, 2024

Asked by Anonymous - Nov 21, 2024Hindi

Career

I am currently studying in 3rd year of mechanical engineering in govt. College sir, can I get a job?. And what courses should I do?....

Ans: You can get a job, but for getting best job you should do masters from foreign university

See more questions »

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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