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Chandu

Chandu Nair  |65 Answers  |Ask -

VC, Angel Investing, Entrepreneurship Expert - Answered on Jul 02, 2023

Chandu Nair advises entrepreneurs and enterprises about creating and building their business.
He has direct experience in angel, venture capital and strategic investor funding. Over the last three decades, he has made a name for himself in industry, consultancy, media and information services.
Nair is on the advisory boards of the Chennai-based private equity firm Fulcrum and the social impact fund, Menterra. He's an independent director on the board of India's first retail building products company, Shankara Building Products Limited.
He was the co-founder of Scope e-Knowledge Center, a pioneering knowledge process outsourcing company, as well as the co-founder of a business-to-business e-commerce venture, both of which he successfully exited.... more
Depic Question by Depic on Jun 23, 2023Hindi
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Career

My self commerce finance and pg diploma logisticts and fright from reputed institute i have been worked icici ltd dtdc express ltd flipkart and now builder firm my jourerny almost 14 year include position started unit manger to seniour business head position know the mid age 45 all the job and business in realeste shirnk last 3 year badly continues debts and insecurity just becuase continue failuer or business and job after covid and lockdwon no stablity what the hell high professioal and educated no stablity or availbltiy of job and also business discountinue last 1 year pls advise should settled uk usa middle east or start the business but not profitable or secondly in delhi i saw low cat baniya bihari earnig higher rather than high professional and educated govt failed to provide job business in my level tell me what i do ?

Ans: Oftentimes, attitude and mental makeup matter more than qualifications. It is important for you to first stabilise yourself in at least one key area of your life and improve your self-confidence and self- belief. A focus on improving your financial situation first may be a start
Asked on - Nov 17, 2023 | Not Answered yet
but failed to earned even good education and qualifiction reson being migrated people in delhi low job stability and low profit tell me yes or no ??? can i move other country middle east and uk uae for better future include my children yes or no india no future for educated or professional rather than low cat people baniya and bihari spl migrated people in delhi yes or no govt failed to stop migrated in delhi and delhi became hell yes or no even dubai middle east such activity stop or criminal offence treated yes or no

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Anu

Anu Krishna  |1155 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 18, 2023

Asked by Anonymous - Dec 11, 2023Hindi
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Relationship
Hi Anu,Iam completely in to a bad a stage.I lost my job,my son is a disabled kid doesn't have money to run future completely in hell Been a banker for 19 years and not getting any jobs outside Please suggest what should be my next step
Ans: Dear Anonymous,
I do hear you...
It is perhaps time to do something different. You have a wealth of experience of 19 years and it can be put to good use.
Independent consulting in Wealth management maybe something that you might want to consider. There are courses online that help you get initiated in this and using your Banking knowledge it maybe possible to consider this option.
Also, speak with your close circle of friends and family and take their advice as well. It will also help you to take strategic advice from someone in your field and who has also is updated with all the current happenings. Someone senior is what I suggest...
What you need is some direction which this expert in your field can offer...what else you need is some confidence, which you need to instil within yourself.

When something does not work, do something else for a different result...But giving up hope is the worst option...Push yourself to think different and ask:
What else can I do to make things work?
What can I do differently than before for things to align better for me?
How can I keep my state of mind upbeat even though things are not going well for me?

Asking useful questions can change the course of one's life...So keep at it please...

All the best!

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R P

R P Yadav  |304 Answers  |Ask -

HR, Workspace Expert - Answered on Jan 05, 2024

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Career
Sir iam 51 old my salry total less 15k in small private firm last 20 years owner notincrease my salary i had explord all possibility opportunities in big companies nothing on my way i have own house and family findings problem But my job is supplying of cnc cutting tool forall major manufacturing indian industries what to do jaga
Ans: I’m sorry to hear that you’ve been struggling with your salary for the past 20 years. It’s understandable that you’re looking for ways to improve your financial situation. Here are some tips that might help:

Research your market value: Research the market value of your job title, years of experience, and the cost of living in your area. This can help you determine whether your current salary is fair or not. You can use websites like Indeed to find out more.

Negotiate with your employer: If you believe that your salary is lower than what you deserve, you can try negotiating with your employer. Prepare a list of your accomplishments and the value you bring to the company. Set up a private meeting with your manager to discuss your salary. Be kind but straightforward. If your request is denied, take the time to understand why. If it’s solely a budgetary issue, ask your manager when you can realistically revisit the conversation.

Consider freelancing: Freelancing can be a good option if you’re looking for more flexibility in your work schedule. You can work from home and choose the projects you want to work on. You can also set your own rates and potentially earn more than you would at a traditional job.

Explore other job opportunities: If you’re not happy with your current job, consider exploring other job opportunities. Look for companies that offer better salaries and benefits. You can also consider switching to a different industry if you have transferable skills.

Remember, improving your financial situation may take some time and effort. Don’t get discouraged if you don’t see results right away. Keep working hard and exploring new opportunities, and you’ll increase your chances of finding a job that meets your needs. Good luck!

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Latest Questions
Nitin

Nitin Narkhede  |11 Answers  |Ask -

MF, PF Guru - Answered on Sep 15, 2024

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Money
Dear Sir, i am an NRI, investing in mutual funds and stocks through NRO account for quite some time and i am planning to move to india approximately in another 2-3 years of time , given that NRO have high taxation, i just wanted to understand how to swiftly transfer mutual funds and taxes from nro account to indian resident account ? Appreciate if you could provide advice as well as SWP method ?
Ans: Dear Rudolf,
As an NRI planning to move back to India in 2-3 years, transitioning your investments from an NRO account to a resident account requires careful planning. First, once you become a resident, you need to convert your NRO account into a regular resident savings account. This involves contacting your bank, providing updated KYC details, and submitting proof of your new residency status in India. Additionally, you must inform mutual fund houses or registrars (like CAMS/Karvy) about your change in residential status by submitting a KYC modification form.
In terms of taxation, as an NRI, you are currently subject to higher taxes on your investments. Long-term capital gains (LTCG) on equity funds are taxed at 10%, while short-term capital gains (STCG) are taxed at 15%. For debt mutual funds, LTCG is taxed at 20% with indexation benefits, and STCG is taxed according to your income slab. Once you become a resident, the taxation on these investments will continue under resident tax laws, but any new gains after your status change will be taxed according to resident regulations.
To efficiently manage your investments, you can opt for a Systematic Withdrawal Plan (SWP). This allows you to withdraw a fixed amount from your mutual funds regularly while keeping the rest invested. SWP is tax-efficient, as you only pay capital gains tax on the withdrawn portion. After becoming a resident, you can easily set up SWPs to your regular savings account for steady income, while the rest of your investments continue to grow.
So to conclude, it is essential to update your bank and mutual fund KYC details when you return to India to ensure regulatory compliance and take advantage of resident tax laws. SWP can provide regular income while managing taxes efficiently. You need to contact a professional Advisor or CA for managing all your assets.
Best regards,
Nitin Narkhede
Founder & MD, Prosperity Lifestyle Hub https://Nitinnarkhede.com
Free Webinar https://bit.ly/PLH-Webinar

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Nitin

Nitin Narkhede  |11 Answers  |Ask -

MF, PF Guru - Answered on Sep 15, 2024

Asked by Anonymous - Sep 14, 2024Hindi
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Money
Hi Sir - I'm 35 years. Both myself and a better half are working with a monthly income of 3.65L together (2.8L mine + 85K wife's). We have a 5 year old male kid. We have a SBI max gain home loan account with a debt of 12.65L and a parked amount of 26.5L apart from the EMI paid so far from previous 5 years. No EMI on car purchased. EPF ~29L, PPF started for both of us an year back. Also started a monthly SIP of ~1.2-1.5L in MF from Jan'2024 with 8.5L balance so far and will continue the SIP in the below funds atleast for next 10 years. Not considering debt funds as I'm already having EPF and PPF components and will periodically review these funds. 1. Nifty next 50 Index, 2. Small Cap 250 Index, 3. Multi Cap, Active 4. Mid Cap, Active 5. Flexi Cap, Active Better half may quit her job by Mar'2025. We are looking to close home loan by March'2025 and stay EMI/debt free with a peace of mind. Is it a wise decision to close a home loan by this financial year and increase the monthly SIP to 2L from next financial year? Or) invest the home loan balance amount in real estate (preferably buying a land)? especially when the home loan interest of upto 3.5L are tax fee in the old tax regime. Thanks!
Ans: Dear Friend, Given your current financial standing, closing your home loan by March 2025 seems like a wise choice. You have Rs 26.5L parked in the SBI Max Gain account, which already reduces your interest liability. By clearing the remaining Rs 12.65L, you can become debt-free, providing peace of mind and freeing up your EMI payments for additional investments. While the home loan offers tax benefits under the old regime, the psychological comfort of being debt-free may outweigh the potential tax savings, especially since your financial portfolio is already strong.
Once the loan is closed, increasing your monthly SIPs to Rs 2L would be a smart move. Over the next 10 years, equity mutual funds, which historically offer returns of 10-12% annually, can significantly grow your wealth. Since you are already investing in a diversified portfolio of index, small-cap, mid-cap, and flexi-cap funds, increasing these investments aligns well with your long-term goals.
Investing in real estate, particularly land, can provide diversification. However, real estate is typically less liquid and the returns can be location-dependent. If you're confident in the property’s growth potential, this can be a good long-term investment. However, your existing strategy of focusing on equity mutual funds will likely offer better returns and flexibility, given your 10-year investment horizon.
So closing your home loan by March 2025 and redirecting the freed-up funds into increased SIPs appears to be the best route. It balances peace of mind, tax efficiency, and long-term wealth creation, while real estate can be considered for diversification if you find a promising opportunity.
There are many real estate opportunities like REIT or Partial ownership in commercial properties which can also yield between 14 to 22% overall return with about 5 to 8% monthly return and 10 to 12% of Growth in the Asset Value at end of tenure.
Investment is commodities like gold and silver can also yield a return of 8 to 10% with reducing the risk in one sector.
Diversification is the mantra, do not depend on only one or two type of investment avenues. Explore other options as well.

Best regards,
Nitin Narkhede
Founder & MD, Prosperity Lifestyle Hub https://Nitinnarkhede.com
Free Webinar https://bit.ly/PLH-Webinar

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Dr Karthiyayini

Dr Karthiyayini Mahadevan  |1065 Answers  |Ask -

General Physician - Answered on Sep 14, 2024

Asked by Anonymous - Sep 13, 2024Hindi
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Health
I am 75 + ....Around two months back I was diagnosed as dengue positive with platelet count at 75,000. with proper medication, platelet counts were increased to 2,05,000 and fever was subsided.However swellings on both arms and legs persisted.. Off late on my both solders i am suffering severe pain and enable to make any movement, i feel like inner vain of my both hands are getting stretched/pulled (right from my solder to the finger tips and swelling on both hands and legs are still there. My doctor says that it may continue for another two three months and proscribed me only pain killer tablets.Doctor says that there is no specific medicine for Dengue. I got thorough blood and urine test along with other test like scanning, x-ray etc. All the test reports are normal except slightly blood sugar (PP) on higher side and enlargement of prostate gland (which is there since last 10 years and i am on regular medicine (silodosin 8-mg, one tab a day) Kindly advise me with your good suggestions that what could be the cause of this problem and which expert doctor I should consult since it is very difficult situation for carrying out my routine activities and also I can't sleep properly due to severe pain. Thank you
Ans: Post viral illness can trigger different chain of immune reactions
They are mostly self limiting if your lifestyle is well disciplined.
Here are the points towards a healthy lifestyle
1.Early dinner by 6 pm and avoid animal protein and fat at dinner meal
2.Sleeping time to be regulated. Fix a specific time around 9/9.30 pm and unwind from the world particularly off media from 7 pm
3.Regular brisk walking 30 mts a day five days a week
4.Balanaced nutrition and avoid highly refined carbohydrates

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