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Krishna

Krishna Kumar  |383 Answers  |Ask -

Workplace Expert - Answered on Jun 12, 2024

Krishna Kumar is the founder and CEO of GoMoTech, a company that provides strategic consulting in B2B sales, performance management and digital transformation.
Before branching out on his own, he worked with companies like Microsoft, Rediff, Flipkart and InMobi.
With over 25 years of experience under his belt, KK is a regular speaker at industry events and academic intuitions, both in India as well as abroad.
KK completed his MBA in marketing from the Sri Sathya Sai Institute of Higher Learning in Andhra Pradesh and his management development programme from XLRI, Jamshedpur.
He has also completed his LLB from Nagpur University and diploma in PR from Bhavan’s College of Management, Nagpur, where he was awarded a gold medal.... more
Asked by Anonymous - Jun 10, 2024Hindi
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Career

Im soon going to retire and i' m a Social Science teacher teaching classes 6 to 8 , can you please suggest what are the job opportunities available for me

Ans: Hello

Private tuitions, joining other coaching institutes, creating own content and uploading on YouTube are other options.

All the best.
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Shekhar

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Leadership, HR Expert - Answered on Apr 26, 2024

Asked by Anonymous - Apr 20, 2024Hindi
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I have done my bachelors in sociology and masters in applied psychology in 2017, post that I was preparing for civil services exam but have been unsuccessful. What are my possible job opportunities?
Ans: With your educational background in sociology and applied psychology, as well as your aspiration for civil services, you possess a diverse skill set that opens up various job opportunities across different sectors. Your background in sociology and applied psychology equips you with the knowledge and skills needed for roles in social work and counseling. You could work with NGOs, community organizations, or mental health institutions, providing support and counseling services to individuals and communities. Many companies value candidates with a background in psychology for HR roles. Your understanding of human behavior, motivation, and organizational dynamics can be valuable in areas such as recruitment, training, employee relations, and organizational development. Your academic background makes you well-suited for roles in research and data analysis. You could work in research institutes, think tanks, or market research firms, conducting studies, analyzing data, and generating insights on various social and psychological issues. Consider pursuing a career in teaching or academia, either in the sociology or psychology departments of universities or colleges. You could teach undergraduate or postgraduate courses, conduct research, and contribute to the academic community through publications and conferences. You could work with advocacy groups, non-profits, or international development organizations on issues such as human rights, gender equality, and social inclusion as well.

These are just a few examples of the many career paths available to you with your background in sociology and applied psychology. Take some time to reflect on your interests, strengths, and career goals, and consider exploring internships, volunteering opportunities, or further education to gain additional experience and skills in your chosen field.

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T S Khurana

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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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