Thursday, 17 July 2014

5 Amazing things and people we didn't know(INDIAN FACTS)

1. Dr. Shrikant Jichkar holds the record for “World’s most qualified person”. He was an IAS, IPS, lawyer, doctor(MMBS, MD),  D. Litt (Doctor of Letters) in Sanskrit the highest degree in a University, photographer, actor, radio operator, youngest MLA(MP,MLC,etc..) at the age of 25, held 14 portfolios(at a time), had 20 degrees(9 MA), 28 gold medals & had a library of 52,000 books. In 2004 when he died in Car accident, he got approx. 30 Cr insurance.

2.  India and Bangladesh share a 3rd enclave border which means that a part of India is in Bangladesh which is in India which is in Bangladesh. Phew!

03. The Income Tax Rate in India was 97.75% in the year 1973( Totally 11 slabs).

04.  In 1948, the Nobel Peace Prize was not awarded. It would have been awarded to Mahatma Gandhi, however, due to his assassination; it was left unassigned in his honour.

05 . Narayana Murthy was a self-proclaimed socialist, but during his visit to Bulgaria, he was arrested and put in jail for talking against the Bulgarian govt. The experience pulled him towards capitalism and he learnt that entrepreneurship and job creation is the way to alleviate poverty. He then founded Infosys.

If you are a Cognizant employee, you can view detailed post here.
Abdul Zelani.

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Tuesday, 29 April 2014

Service Tax

Surprisingly after reading about
the "Service Tax", I strongly decided to share this information to
This happened at the restaurant. Let me explain.
We had been to several restaurants recently. I observed that "service tax" has been mis-used and charged to the customers like you and me.
Let me give an example.
Food and Beverage = Rs. 1000.00
Service Charges @ 10% = Rs. 100.00 (10% on the Food and beverage amount)
Service Tax @ 4.94% = Rs. 54.34 (4.94% on F&B + Service Charges)
VAT @14.5% = Rs. 145.00
Total = Rs. 1299.34
As per the definition - "Service Tax can be charged only for the services provided to the customer".
Now, see what is happening here in the above said example.
Service Tax should be charged only on the Service Charges amount i.e Rs.100 and not on the entire amount (1000+100).
In this example, the customer should be charged only Rs 4.94, whereas he has been charged
Rs. 49.00 extra.
Where does this money go? Only the restaurant owner and the chartered accountants who work for them know.
· So, I have started asking them the questions - and surprised to see the reactions from the famous restaurants. Either they say: Sir we cannot change the format of the bill - so , we will recalculate and tell you the revised amount. You may pay only that.
· Sir, you do not need to pay the Service Tax amount itself.
I now have 3 to 4 restaurant bills, for which I have paid only the service tax - on the service charges and not on the total amount.
Every bill must carry the TIN number and Service Tax Number, if they charge it. So, I ask for the Service tax number if it is not available in the receipt that they provide.
Be Aware and Pass this info. Jago Grahak; Jago.

Monday, 28 April 2014

Know your Polling Station before casting vote! #getinked

Dear Friends,
In 2009 Elections, Hyderabad saw only 53% polling. The main Reason for the low voting is half of the people didn’t know their pooling Booth/Station and they didn’t verified if their name exists in that station/booth and it happens mostly in Urban areas.
So friends, Please Pledge to vote, but before Know your pooling booth/Station prior to casting vote.
Follow any of the below step to Know/verify your Pooling Booth:
  • SMS: Send VOTE [SPACE] Voter Id to 9246280027
Send SMS
SMS Result for Pooling booth
Online result with all details
Search your name
For any escalations on Elections: Dail 1950
Sri Bhanwar Lal
Chief Electoral Officer
Phone: 040-23457317
Fax: 040-23455781.
#getinked #pledgetovote