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Kanchan

Kanchan Rai  |175 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 08, 2024

Kanchan Rai has 10 years of experience in therapy, nurturing soft skills and leadership coaching. She is the founder of the Let Us Talk Foundation, which offers mindfulness workshops to help people stay emotionally and mentally healthy.
Rai has a degree in leadership development and customer centricity from Harvard Business School, Boston. She is an internationally certified coach from the International Coaching Federation, a global organisation in professional coaching.... more
Teena Question by Teena on Jan 15, 2024Hindi
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Relationship

My boss is very rude

Ans: It's essential to remain composed and maintain professionalism, even when faced with rudeness. If possible, try to address the behavior directly but respectfully. Sometimes, people aren't aware of how their actions affect others.Dealing with a rude boss can take a toll on your well-being. Make sure to prioritize self-care and seek support from friends, family, or a counselor if needed. Depending on the severity of the situation, you may need to explore options such as speaking with HR, requesting a transfer, or looking for a new job.

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Kanchan

Kanchan Rai  |175 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 30, 2023

Asked by Anonymous - Nov 29, 2023Hindi
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Relationship
My boss doesn't respect my work and often criticises me in front of other colleagues during meetings. He later apologises in private but continues to behave in the same way. I love my job but I don't want to encourage this attitude. Should I talk to the HR or quit my job out of self respect? I don't know how to handle the situation. Please guide me
Ans: Dealing with a situation where your boss consistently criticizes you in front of colleagues can be challenging. Keep a record of specific instances where your boss criticizes you publicly. Note the date, time, location, and details of each incident. This documentation may be useful if you decide to escalate the issueSchedule a private meeting with your boss to discuss your concerns. Clearly and calmly express how the public criticism is affecting you and your work. Use specific examples to illustrate your points. Share your desire to improve the working relationship and seek constructive feedback. During your conversation, make it clear that you expect professional and constructive feedback in private rather than public criticism Ask for specific examples or details when receiving criticism. This can help you better understand your boss's expectations and address any concerns they may have. After your conversation, send a follow-up email summarizing the key points discussed, including any agreements made about the communication process. This provides a written record of your efforts to address the issue. If the problem persists, and your efforts to resolve the issue with your boss prove unsuccessful, consider reaching out to your Human Resources (HR) department. Provide them with the documented incidents and details of your conversation with your boss. HR may be able to mediate or offer guidance on how to proceed.Familiarize yourself with workplace policies and your rights as an employee. This knowledge can help you understand whether your situation constitutes a violation of company policies or labor laws. Remember, it's essential to prioritize your well-being and professional growth. If the workplace environment is consistently detrimental to your mental health and job satisfaction, exploring alternative opportunities may be a valid consideration. Before making any decisions, weigh the pros and cons and carefully assess the impact on your career and personal life.

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Career

Career Coach  |36 Answers  |Ask -

Workplace Expert - Answered on Feb 21, 2024

Asked by Anonymous - Feb 21, 2024Hindi
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Career
My manager is mentally harassing me. I work 14-16 hours a day. Even during weekends he calls to discuss work and says it's important and urgent. My family is very upset. I have tried to say no many times but he continues to behave in the same way. I can't quit until I find a better job. This job is important for my career. What should I do?
Ans: I'm sorry to hear that you're going through this challenging situation. It's crucial to address workplace harassment and maintain a healthy work-life balance. Here are some steps you could consider:

1. Document Everything: Keep a record of the instances of harassment, including dates, times, what was said or done, and how it made you feel. Documentation can be helpful if you need to escalate the situation later.

2. Set Boundaries: Clearly communicate your boundaries to your manager. Let them know that you're willing to work hard during regular working hours but that you need time off during evenings and weekends to rest and spend time with your family.

3. Use Assertive Communication: When your manager calls you during your off hours, politely remind them of the boundaries you've set and suggest scheduling a discussion during regular working hours unless it's genuinely urgent.

4. Seek Support: Talk to HR or another trusted superior about the situation. They may be able to intervene and provide support or mediation. If your company has an employee assistance program (EAP), consider reaching out to them for guidance.

5. Know Your Rights: Familiarize yourself with your company's policies on harassment and discrimination. If your manager's behavior constitutes harassment, you have the right to take action to stop it.

6. Consider Legal Options: If the harassment persists and affects your well-being or career prospects, you may need to consider legal action. Consult with an employment lawyer to understand your rights and options.

7. Explore Other Job Opportunities: Start actively looking for other job opportunities that align with your career goals and values. Having alternative options can provide you with more leverage in dealing with your current situation.

8. Take Care of Yourself: Prioritize self-care during this stressful time. Make time for activities that help you relax and recharge, and lean on your support network for emotional support.

Remember that no job is worth sacrificing your mental health and well-being. It's essential to advocate for yourself and take steps to address the harassment you're experiencing.

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Moneywize

Moneywize   |102 Answers  |Ask -

Financial Planner - Answered on May 02, 2024

Asked by Anonymous - Apr 20, 2024Hindi
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Money
I have submitted my Form 15 to my bank in April 2023. My income falls under the non-taxable category against interest received from bank FDs. Bank has not deducted any TDS up to September 2023 but from October 2023 they have started deducting TDS on FD interest earned by me saying that interest earned on my FDs have crossed the limit of Rs 5 lakh. Is the bank right in deducting tax citing this reason? Please enlighten me.
Ans: No, the bank is likely not right in this case. Here's why:

• Form 15G validity: A valid Form 15G submitted before April 1, 2023 is applicable for the entire financial year 2023-24 (assessment year 2024-25). This means if your income falls under the non-taxable category, the bank shouldn't deduct TDS on your FD interest for the entire year.
• TDS exemption limit: The current exemption limit for TDS on FD interest is Rs 40,000 for individuals below 60 years old, and Rs 50,000 for senior citizens (above 60 years old). There's no limit of Rs 5 lakh for TDS deduction on FD interest.

Here's what you can do:

• Reach out to your bank: Inform them that you submitted a valid Form 15G and your income falls under the non-taxable category. You can clarify the exemption limit and point out the mistake.
• Request rectification: Ask the bank to rectify the error and reverse the TDS deducted on your FD interest from October 2023 onwards.
• Seek professional help: If the bank doesn't resolve the issue, consider seeking help from a tax consultant or financial advisor. They can guide you further on how to claim a refund for the deducted TDS.

Additional points to consider:

• Ensure you have a copy of the Form 15G submission acknowledgement for your records.
• Keep a record of any communication with the bank regarding the TDS deduction.

By following these steps, you should be able to resolve the issue with the bank and avoid unnecessary TDS deduction on your FD interest.

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Ramalingam

Ramalingam Kalirajan  |1298 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 02, 2024

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Money
Hi, my age is 29. Married. My daughter is 8 months old. My monthly salary is Rs. 1.33L PM. Monthly expense - Rs. 35,000 Current commitments are: Home Loan EMI - Rs. 43,535 (8 months completed. 30 years tenure) Term Insurance - 1cr (Annual premium - Rs. 36,000 for 10 years. 7 more premium pending) Current NPS Balance - Rs. 75,000. Investing Rs. 15,000 pm SSY - Rs. 12,500 pm. APY - Rs. 409 pm I'm planning to save for Emergency Corpus Fund, get a medical insurance floater policy. My short term goal is to save Rs. 20 lakhs within 4 years for registeration and interior work for house. My long term goals are for daughters UG education, wedding, retirement at 55 years. I took investment risk test and Im an aggressive investor and planning to invest more on equity. Also, I want to diversify the portfolio and invest across asset class.
Ans: It's great to see your proactive approach to financial planning! With your solid income and clear goals, here's a suggested plan:

Emergency Corpus Fund: Aim for 6-12 months' worth of living expenses in a high-yield savings account for emergencies.
Medical Insurance Floater Policy: Ensure adequate coverage for your family's healthcare needs, including your daughter.
Short-Term Goal - House Expenses: Consider a mix of equity and debt mutual funds for potential growth while safeguarding against market volatility.
Long-Term Goals - Daughter's Education, Wedding, Retirement: Continue investing in equity through mutual funds or stocks for higher returns over the long term. Also, explore options like PPF, NPS, and diversified funds for diversification across asset classes.
Review and Adjust: Regularly review your portfolio's performance and make adjustments as needed to stay on track with your goals.
Remember, financial planning is dynamic. Consulting a Certified Financial Planner can provide personalized guidance tailored to your unique circumstances and aspirations. With discipline and strategic investing, you'll be well-positioned to achieve your financial dreams.

...Read more

Mayank

Mayank Chandel  |437 Answers  |Ask -

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on May 02, 2024

Asked by Anonymous - Apr 24, 2024Hindi
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Career
I completed bams a year ago. I passed 12th in 2014 and prepared for neet 2 times but couldn?t get seat because i was not serious about my career at that time. I had no clearity. I was so confused that I couldn?t focus. Even my parents and relatives were scolding me and not helping me . So I wasn?t thinking roperly focused. Then i gave bams entrance for the first time and got seat. I feel like if they wouldn have helped me or asked me what do i feel then i must not have been in the same place as am today. I feel i have ruined my life. Am currently working in delhi as a physician in a very renowned ayurvedic institute. But i feel like I don?t have passion for ayurveda. Am 26 years old. Everytime i feel like failure as I couldn?t get mbbs. Still my teenage to final year of my college i used to be so confused about my career. As now at 27 am having clearity that i want to be a cardiac surgeon, i feel like it?s too late to restart again. I feel depressed, failed and guilty. I don?t know if its a good decision to appear for neet again or not. I feel like defeated. I dont Feel happy. This time i have a lot of passion for becoming a cardiac surgeon but i am not able to decide this thing myself. I feel helpless. I feel guilty that I couldn?t clear neet exam. On the other hand there are some of my friends who never ever appeared for neet and did bams from private colleges are really happy and don?t have any complaints from this career. Why do i only feel defeated and unhappy.
Ans: Hi,
I cannot help you psychologically. But yes if you are really serious & want to restart give it a second thought that whether you will be able to give another 10 years into study. Plus NEET has become more competitive now as almost 24L+ students are writing this year. Again you won't make it there you will be more depressed. Other option would be MBBS abroad then. But still the question is will you be able to give your next 10 years into study?

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Ramalingam

Ramalingam Kalirajan  |1298 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 02, 2024

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Money
Hi Jinal, We both partner are 40 year old. These days after having second child (9 month old), I am bit worried about my both sons (Elder one 10 year) future. We couple currently earning 3.5 Lack per month together (In hand). I am investing 15 thousand in LIC SIIP (Last two year), 25 thousand in SIP (SBI, Last two year), and nearly 20 thousand in LIC per month (Last 10 years). I do invest 1.5 Lacks in PPF every year (Last 13 year). With all this investment can i reach a core plus of 60 Lac (For younger one education) by 2030 and another 1 Cr (For Elder one education and marriage) by 2040. I don't have to plan our retirement as we both are government employee and automatically investing in NPS as per government rules (Current value of NPS is 80 Lack combined). Is this investment is sufficient or i have to increase further for our sons education. One more thing I do investment in gold also (Physical) approximately 3 Lack per year from last 2 years.
Ans: It's heartening to hear your dedication to securing your children's future amidst the joys and challenges of parenthood. Your commitment to various investments, including LIC policies, SIPs, and PPF, reflects your foresight and responsibility.

While your current investments provide a solid foundation, it's essential to regularly review and adjust your financial plan. Consider consulting with a Certified Financial Planner to assess if additional contributions or adjustments are needed to meet your ambitious goals.

Remember, financial planning is a journey, and flexibility is key to adapting to life's twists and turns. With careful planning and guidance, you can navigate towards a brighter future for your children with confidence.

...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.

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