I have installed bitcoind on my server and following is getinfo output an same time I sent my new wallet address $0.35 cents and it show up as transaction on blockchain.info website when i search for my address and shows the proper amount received where as at my end it shows 0 balance from my php client which talks to my bitcoind on same server. what are the common causes of such situation is it because its new wallet ? and if so how much time it need to sync and how many blocks added/downloaded before it shows the amount .

"version" : 90200,
    "protocolversion" : 70002,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "blocks" : 275580,
    "timeoffset" : 0,
    "connections" : 13,
    "proxy" : "",
    "difficulty" : 908350862.43702197,
    "testnet" : false,
    "keypoololdest" : 1413126834,
    "keypoolsize" : 101,
    "paytxfee" : 0.00000000,
    "relayfee" : 0.00001000,
    "errors" : ""