CONFIDENTIAL

Illustration on Net take home, for the salary structure provided in the Annexure - A of the Offer
cum Appointment letter

Name Karthik.M
SERVICE ENGINEER -
Designation: RIMS
Pyrramid Level P1
Notice Period 30 days during probation & 60 days post confirmation

Earnings per month Deductions per month

Components Amount in (Rs.) Components Amount in (Rs.)

Basic 7,386 PF4 886
HRA 2,954 Professional Tax5 200
Special Allowance1 6,566.08 ML Welfare Fund6 25
Conveyance Allowance2 800 ESI7
Shift Allowance3 Income Tax8
Medical Insurance9
Transport Deductions10
Total Earnings Approx 17,707 Total Deductions Approx 1,111

Net Pay (Before Tax) per month = Rs. 16,595

*This statement is only for the purpose of information and is illustrative in nature.
This statement is confidential and should not be disclosed with anybody, including but not limited to any employee of the Company.

Note:
1. Special Allowance is the balance amount after deducting declared/opted allowances from the FBP (Flexible Benefit
Plan).
2. Conveyance allowance will be applicable only when Vehicle allowance is not opted under FBP option as per statutory
guidelines.
3. Shift Allowance is payable monthly, and is applicable for employees in a Shift that entails working 4 hours continuously
between 8:00 PM IST and 8:00 AM IST. For operational reasons, Shift Allowance earned for a particular month, will be
paid with the salary of the following month.
4. PF amount is the employee contribution towards Provident fund.
5. The Professional Tax will be deducted from employee salary as per statutory guidelines.
*The Professional tax will be deducted once in six months (August and February) for the employees working in Chennai location.
Gross Salary Bangalore in Mumbai Hyderabad Pune Kolkata *Chennai Jaipur Gurgaon
per month (in Rs) (in Rs) (in Rs) (in Rs) (in Rs) (in Rs) (in Rs) (in Rs)
<7500 0 175 150 175 0 235 Nil Nil
7500 to 10000 0 175 150 175 0 510 Nil Nil
10001 to 12500 150 200 150 200 150 760 Nil Nil
12501 to 15000 150 200 150 200 150 1095 Nil Nil
15001 to 20000 200 200 150 200 200 1095 Nil Nil
>20000 200 200 200 200 200 1095 Nil Nil
 CONFIDENTIAL

6. ML Welfare fund deduction is governed by Deductions from Salary (India Payroll) policy, details of which are available on
the Intranet (Microspace).
7. As per recent government guidelines, If,Total earnings is less than Rs 15001, the employee will be eligible for ESI and
there will be an extra deduction of 1.75% of Total earnings.
8. Income-tax deductions, if applicable, will be as per the Income-Tax Act, 1961.
9. Medical Insurance deductions will be applicable, if Parental policy is opted for.
10. Transport deductions will be applicable, if opted for the Transport Service, based on the shift rostered and guidelines.
Male & Female employees working in General Shift Rs. 3000 per month
Male & Female employees working in other shifts Rs. 1300 per month
Female Employees working in Night Shift only Free