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R P

R P Yadav  | Answer  |Ask -

HR, Workspace Expert - Answered on Apr 02, 2024

R P Yadav is the founder, chairman and managing director of Genius Consultants Limited, a 30-year-old human resources solutions company.
Over the years, he has been the recipient of numerous awards including the Lifetime Achievement Award from World HR Congress and HR Person Of The Year from Public Relations Council of India.
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Asked by Anonymous - Mar 19, 2024Hindi
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Career

Hi, Been working for a US based software product company for last 15 years. practically grew from a junior developer to Product Architect. But since last couple of years CEO seems to have taken a keen interest in my role. He has practically overthrown all the decisions that I had taken and instilled a team of developers without consulting me. He is taking direct meetings with developers and giving instructions and guidelines to them. I am informed after the fact. Also ESOP promise has been another item where company has failed to deliver. My concern is after all these years, is company now getting ready to throw me out? I am fine with that as I have enough cushion and intellectual capital to have a soft landing. Should I wait or move out?

Ans: Hi,
It seems that the situation is not favorable to you in the current company. Please look for other alternatives rather than fighting the situation in the current company. If you have got any opportunity at the moment, please grab it immediately.
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Krishna

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Workplace Expert - Answered on Mar 20, 2024

Asked by Anonymous - Mar 20, 2024Hindi
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I have been working for a American MNC for 20 years... Now I am 54 and the company wants to get rid of me as I am expensive from a salary despite being a top performer - and me and my new boss hate each other
Ans: Dear

I can feel your situation it's not easy.

Let me share my thoughts in two parts.

Part A

Work we all have to because it takes care of both emotional and financial well-being. Work keeps us busy, gives meaning to our life and provides us with standard of life and living.

Part B

When work becomes part of our identity, self image and self esteem that's when things start getting bad.

For almost all of us it starts with Part A and at some point Part B takes over.

Coming to your situation, may I suggest following.

1. Ask yourself what are the things that makes this job critical both from Part A and Part B point of view.

2. Financial aspect of job is very important don't discount that, however do an assessment of how much your salary is contributing to take care of your reasonable wants....kids education, rent, household expenses.

3. Issue with boss. Please address it from an open mind...areas where you are responsible and areas where he is responsible. Please understand boss is boss not our friend or gaurdian to take care of our emotional needs. Sit with him/her talk it out. At your age you have enough and more maturity to strike working relationship Please keep your ego aside and more importantly keep your needs aside. Try and look at things from boss' perspective

Lastly please don't take loss of job as rejection or personal failure. Talk to your spouse and family members and seek their strength to move ahead.

All the best. Believe in yourself and life, things will be fine soon.

..Read more

Archana

Archana Deshpande  |75 Answers  |Ask -

Image Coach, Soft Skills Trainer - Answered on Aug 13, 2024

Asked by Anonymous - Jul 03, 2024Hindi
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Career
I joined a large FMCG group company at their factory, and ran right into a boss who is clearly prejudiced against me. My boss is less educated, 'risen from the ranks' employee with over 10 years of service. and has good rapport with the directors. He has a team of sycophants, and that 'close' circle of people (my co workers), feel uneasy with me, with my higher qualifications, and a higher joining salary. Within that group they indulge in malpractices, commit mistakes, but no one reports. However, they are always picking me for smallest of issues. Boss even threatened to sack me at time of confirmation review. He never discusses any problems with me, and reports directly upstairs aa if building a case against me, bit by bit. Recently, I had a chance to speak to tge director, and reported these matters to him, about the bias. However, it was apparent that Director is likely to side with my boss because he is old employee, with larger clout etc. Under this circumstances, I am worried, that without any fault, without discussion of day to day issues, I am getting cornered to doom. How should I deal with it ?
Ans: Hi!!
I really really can empathise with you, having been in a similar situation a few years ago. Having a boss who is less educated than you is always very tough. They'll always consider you as a threat and hence this kind of behaviour towards you.

What I suggest to you is this ...check yourself and your attitude towards everyone in the office. Is your mannerism and demeanour that of superiority? Do you behave/appear like a threat? If "yes", then time to correct you body language and make efforts to show that you are a team player and become likable too.

Now that you are working with them and if you are still interested in working for this organisation and people, then these are my suggestions -
- first and foremost he is your boss, it is not simply that ppl say, "boss is always right"
- find out the reason for his prejudice, see if you can work on taking it away or on minimizing it
-you are the smart one here, find ways and means of befriending your team members, one at a time, showing your good side, help as many ppl as you can without any expectations. I have this belief that no human being is bad, just address their insecurities.
- never confront anyone in a group
- you are the junior, behave like one, don't be a sycophant, but be a team member
- you can always use words like 'can you pls guide me' etc, when you are addressing anyone who is older and more experienced than you
- don't bother about how others are working and what mistakes they are a making ,neither do you have control over them nor are you the one to decide the consequences of their mistakes. You be impeccable, give your 100%, be an asset to the company.
- when you make a mistake, say sorry, correct it and move on, without attaching anymore to it than the fact that you made a mistake and it needs to be corrected( this is essential for your peace of mind)
- your boss is here since 10 yrs, he has a good rapport with the directors, there must be something in him to learn and imbibe. Pls learn and imbibe, it'll be a great asset to you as you grow in your career
- be a team player, take it slow, it is always very tough to build rapport and gel with new teams, it takes time, thought, energy, efforts to become part of a group. Give yourself and others the time
- you have already reported it to the director, trust him help you out
- build harmonious relationships with everyone around
- protect yourself too, learn to speak up, stand up for the right issues but with due respect and the right language
Observe yourself and others, you'll surely find a way to connect and work in harmony. Try all the possible solutions I have suggested, give yourself 6 months to one year, if the situation improves with your good intention and efforts, stay in this job, else quit. No one should stay in a toxic work environment ever. But do try to make it work, you'll emerge stronger and smarter.

All the very best! Remember I am with you now!!

..Read more

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T S Khurana

T S Khurana   |197 Answers  |Ask -

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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