Thursday, February 2, 2012

Favourite Quotes from Movies

Spider Man -> With great power comes great responsibility!
Karate Kid -> Life will knock us down. But we can choose whether or not to get back up
Jerry Maguire - Help me Help you!
Hitch - Because thats what people do. They leap and hope to god they can fly. Cause otherwise we just drop like a rock

List to grow ....

Instant Mobile Payment Service

IMPS has been around for sometime. Today trying to use the same.

Generating the MMID for IMPS itself seem to be cryptic now.

Citibank IMPS
ICICI Bank IMPS
HDFC Bank

IMPS can be done from the respective mobile applications or SMS or through online accounts.

Currently there is a limit of INR49000/- per day.

Just that looks like the mobile is now more precious. Yet to check out the security features in the same.

All the information you need to transfer money is the Payee's Mobile number and MMID. The transfer is instant and very convenient!

Monday, January 16, 2012

One day you will

Well this should have been a fb update rather than a Blog! Have been a fan of Lady Antebellum since the day I heard Need you now. What a song it is! Just pulled me totally into country songs. Not just fantastic music, but amazing lyrics and very easy listening.

Normally I'm not a fan of lyrics - I just listen to the music and the way the songs flow. To me that conveys a lot more. I have always heard One day you will be - but never realized it has such good lyrics.

Take a listen and enjoy the lyrics too! Such positive, up beat, refreshing song!

One Day you will  link from youtube. Couldn't find an official version though. This is from their first album Lady Antebellum.

Monday, January 2, 2012

Gratuity fund!

Typically Gratuity would be payable to an employee if he/she has served at least 5 full years in a company. Most companies deduct about 4.81% of the basic salary towards Gratuity deductions.

So sometimes it makes sense to leave the company after completing 5 years if you are closing in on 5 years!

The value is calculated based on the following formula:

Gratuity payable = (Last drawn basic wage  X  15  X  No. Of years of service)/26

There are quite a few calculators available on line.

http://ndtvprofit.com/Calculators/gratuity.htm


is a good one.

AFAIK, up to ten lakhs of Gratuity is tax free. Not sure if things are changing in the new tax code getting implemented from 2012.