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

Chocko Valliappa  |452 Answers  |Ask -

Tech Entrepreneur, Educationist - Answered on Feb 26, 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
sanjay Question by sanjay on Feb 07, 2024Hindi
Listen
Career

Need live project which is an industry internship for 4 -5 months starting from March'24 anywhere in India or abroad for my son in the field of Mechnical Engineering

Ans: Your best bet would be to approach your college internship and placement team as they would be in touch with the local industry. On your own also look for industry in your city, state which will have internship opportunities.
Career

You may like to see similar questions and answers below

R P

R P Yadav  | Answer  |Ask -

HR, Workspace Expert - Answered on Feb 01, 2024

Listen
Career
Need live project which is an industry internship for 4 -5 months starting from Jan'24 anywhere in India or abroad for my daughter in the field of Finance & data Analytics preferably in banking sector.
Ans: I understand that you are looking for an industry internship for your daughter in the field of Finance & Data Analytics, preferably in the banking sector. Here are some options that you can consider:

Tata Global Internships: Tata Global Internships is a program that offers a holistic work experience of 6 to 12 weeks at the Tata group, an industry leader with a conscience. The program is open to students of all nationalities who are currently pursuing a college or university degree outside India at any level of study — in any discipline, and at any stage of the course. The program offers customized projects, where one size does not fit all. You can work on group or individual projects, as part of a co-op, course, or ‘capstone’, and at various times of the year. The application dates for the internship program are open from 11 September 2023 to 15 January 2024.

Goldman Sachs Summer Analyst Program: Goldman Sachs offers a summer analyst program for students who are interested in exploring the world of finance. The program is designed to give students a sense of what it’s like to work at Goldman Sachs and to help them develop their skills in finance and data analytics. The program is open to students who are currently enrolled in a college or university program and who are graduating between December 2024 and June 2025. The application deadline for the program is not yet announced, but you can check their website for updates.

World Bank Internship Program: The World Bank offers internships to highly motivated individuals to improve their skills while working in a diverse environment. The applicants should have completed their graduation and be enrolled in a master’s program. The applicant should be a student in agriculture, economics, human development, private sector development, social science, environment, or finance. The deadline for the internship program is from January 2nd, 2024 to January 31st, 2024. The recipients are paid on an hourly basis, and USD 3000 is also provided to cover travel expenses.

I hope this information helps you. Good luck!

..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