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Non-IT Professional Transitions to Data Analyst: Feeling Overwhelmed?

Krishna Kumar |397 Answers |Ask -Follow

Workplace Expert - Answered on Oct 14, 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 - Sep 11, 2024Hindi

Career

I have been working in a product based company for the past 7 years in an non-it background. Now i got an oppurtunity to work as an data analyst in the same company itself. But due to lack of skills and past experiance in this field, am facing a tough challenge here to understand what is happening in the team and the data analyst concepts. Am thinking to move back to the old team due to this. Am struck between whether to move to the old team or continue in this team. Can someone help me in this?

Ans: Hello

Do what you really enjoy and comfortable with. If you are more comfortable with your previous role go back. Nothing wrong in that.

Wishing you all the best.

Warm Regards

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Question by Manas - Jan 29, 2024Hindi

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Hello, I am a fresher, graduated in last year. I am interested in the role of Data Analyst job, but the market situation in these days are not good becoz of layoffs nd all, and that's why is joined a company as a WordPress Developer role in past three months and i currently working here.. Please give me suggestions how i switch the company of the role of Data Analyst Domain..

Ans: Dear Mr Manas

I can understand your situation it's not easy. At this point I would only suggest keep trying with as many companies as possible. There is no easy solution.

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Asked by Anonymous - Aug 23, 2024Hindi

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Hi Sir, Iam working in IT Company which is my second org joined in 2022 as of holding 4.5 years experience. These days I'm getting less work as customer is not creating issues due to which manager has added me in another product too but to my surprise I got to know that is going to be end of life and now I'm with the product which is getting less customer issues. Manager asking me upskill which iam ready always. Iam planning to shift from Java to Data Analyst as I'm interested in it. Hence could you please suggest me is this right time to shift and take chance, in Sept I get 2 years completion with my current org.

Ans: If you are interested in the data analytics domain, shifting after 4 or 5 years of experience with Java would be a perfect move. Numerous resources are available for free on YouTube and at nominal costs on platforms like Udemy, Coursera, etc. I would suggest learning SQL, Python, and one of the business intelligence tools like PowerBI or Tableau, which will serve you very well. I am happy to provide further advice if you have any follow-up questions on this.

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Asked by Anonymous - Nov 17, 2024Hindi

Career

Iam 26 Yrs old currently working at Genpact in IT Operations.This is my first job after my PGDM Marketing.Now I want to shift to Data Analytics role but only after one and half year as per company policy.Can you suggest me what would be the best way to get into Data Analyst roles.Should I continue in same organization or switch to other company for a better career and will my PGDM help me for further senior roles?

Ans: What is the full form of PGDM? From which institution have you done your PGDM?

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Hi mam.I am 42 old female. my hair are getting rough and grey gradually.please suggest some diet plan to cure this.can greying of hair be stopped by taking proper diet.

Ans: To some extent, greying can be due to nutritional deficiencies and hormonal issues, but mostly it is due to aging.
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Question by Raj - Jan 28, 2025Hindi

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I had an Apartment in Delhi which we purchased in 2002 in my and my wife name. now, we sold this in 2024 and got 50% each in my and my wife account separately. Question is how Capital gain Tax calculated. Both will pay separately to income tax based on 50% amount received from sale. 2nd question , if We want to invest in Capital gain Tax bond 54 EC then do we need to buy separately or in joint. could you help in this situation ?

Ans: 01. First of all, calculate LTCG on this transaction, considering Sale Value & Cost of purchase. You both shall file your ITR on the basis of 50% share of LTCG each.
02. If you purchase Capital Gain Bonds, these should be taken separately in the name of both of you. However, spouse can be a co-applicant, while purchasing these bonds or nomination in favor of your spouse can be made, to protect your interest.
Most Welcome for any further clarification. Thanks.

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Asked by Anonymous - Jan 10, 2025Hindi

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I’m a freelancer working with multiple clients across different states. How should I handle GST on my services? What are the best practices for charging GST on my invoices, especially when working with clients in other states?

Ans: Get GST number based on your place of work. Issue proper Invoices for all transactions, which may be in any State of India. Don't forget to charge GST on the same at applicable rate & then deposit the GST with the department. You will also have to file proper GST Returns, which are applicable in your case.
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Question by Prateek - Jan 09, 2025Hindi

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I receive money on behalf of my friend from many persons and i collect that money in my account (around 30-40k everyday) and send it my friend’s account at once. So will i be taxed on this amount

Ans: It is always better to avoid yourself in getting involved in such transactions. IT Department may doubt these transactions. Once in a while for small amount, it is O.K. BUT never on regular basis.
Advice your friend to get the amount transferred in his account directly online & he should disclose such income in his ITR.
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Question by Manoj - Feb 04, 2025Hindi

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My mother in law wants to sell a property in another State and buyia flat in Mumbai. Her age being 90,She wants it to be registered in name of her daughter , meaning she will use the Capital gains in this purchase in this. Can this be done and she get benefits of Capital gain investment as per Income tax laws.

Ans: Yes. She can sell her property & purchase a Residential Flat in Mumbai, in the name of her daughter & claim Exemption u/s 54. However, department may raise some questions in such cases, which you may have to face. There are some cases also which will support your argument.
Another option is to purchase the property in the name of your mother in law (or joint names of both mother & daughter) & get her (mother in law) WILL Registered, in favor of your daughter. This will not create any problem while transferring the flat in favor of your wife later on.
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Tax Expert - Answered on Feb 06, 2025

Question by SUJAY - Feb 04, 2025Hindi

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I have filed updated return for AY2023-24 on 29th January 2024 instead of 31st July 2023. Fir a total tax liability of Rs 584707, 234B interest calculation is coming around 56000 but IT Dept. Cakculating as around Rs 107000 and sent me additional outstanding tax demand. Please note that I have not paid any advance tax for AY2023-24. Can you please tell me how much should be 234B calculation for rs 584707 and whose calculation is correct ?

Ans: In your instant case, your tax liability is subject to ADVANCE TAX. Kindly compute your tax liability accordingly & then match the same with the calculations of the department. I hope, there should not be much variation in these figures.
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Tax Expert - Answered on Feb 06, 2025

Asked by Anonymous - Feb 06, 2025Hindi

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Can I received any amount from father in law is tax free?

Ans: Yes. Any Gift received from Father in law, is not your income but gift. Hence, it is not subject to income tax.
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Question by Rajan - Feb 06, 2025Hindi

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My mother had a DDA flat in her name and her father as co-allotee. Both have passed away now and I am the only daughter of my mother. How can I get the flat transferred in my name from the DDA. Please advise

Ans: It can easily be done if you have got WILLS of your Grand Father & Mother.
First your G/Father's share will be transferred in favor of your mother, on the basis of his WILL & then, your mother's share can be transferred in your favor, again on the basis of WILL of your mother. Both WILLS should be Registered.
Most Welcome for any further clarification. Thanks.

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Dating, Relationships Expert - Answered on Feb 06, 2025

Asked by Anonymous - Jan 10, 2025

Relationship

I'm 42 single never married living with parents and a lawyer by profession, nor am i making good money just 10k per month. My parents or siblings not interested in hepling me get married but i want a stable relationship with a 38 + in age beautiful lady cause am good looking and doesn't look of 42 i mean less then 40 but also thinks will i get a single lady at this time of age and cause of this am interested in Long distance relationship with 35+ in age ladies online but not getting. Please suggest something so that i have a relationship online and carry on with making money in real life?

Ans: Dear Anonymous,
I am sorry but I didn't get you. Are you in a long distance relationship with a 35+ woman? Or do you want to marry someone who's 38+? I am a little confused. I need a little more clarity to help you with this.
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Question by Pranesh - Feb 05, 2025Hindi

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i am 51 years of age and still struggling to stand financially stable and post graduate jobless, I completed MBA in 2014 from UP and completed BSc from Mumbai, please advice me

Ans: Advisable to contact placement agency to check if there are placement opportunities. At 51 years getting placed is difficult. But if you are willing to get a lower salary you can get a job.

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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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