Money+++

It's such a nice feel to see a big amount in your bank account, which used to be your salary account.... the first salary account. Today my account got credited with EPF money, the money that was deducted from my monthly salary for last 5 years.

Any establishment in India with employee strength of 20 or more is required to put amount in Employee Provident Fund (EPF) scheme. The contribution is at present 12% of basic salary as employee's share and matching contribution by the employer. This is a substantial amount for me, around 15% of my CTC, the major contributor for reducing my in-hand salary apart from Income tax. After every salary hike, I used to feel happy until receiving the pay stub, as most of the hike used to go in income tax, PF and other deductions. Now I have that 5 yrs investment back :) a nice feel.

Generally people say that, if you have got that money every month, you might have spent that somewhere else. I feel that, I am quiet systematic in investment and I am sure I would not have spent all the money, nonetheless its awesome feel to see my bank account today. The irony is, when I was working (I am still working :), but not using this account for salary) my bank account was never this rich.

Now looking for good investment options... iPad 2??? ;)