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Salary Annexure - Sourav Kumar Mahato

The document outlines the salary structure for Sourav Kumar Mahato, an Area Sales Executive in the Sales department, with an annual fixed CTC of 400,000 and a monthly take-home salary of 29,733. It details various salary components, including basic salary, HRA, and employer contributions to PF. Additional notes indicate that the net salary may be affected by tax deductions and that the performance-linked incentive is contingent on individual and company performance.

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shivank.shree
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28 views1 page

Salary Annexure - Sourav Kumar Mahato

The document outlines the salary structure for Sourav Kumar Mahato, an Area Sales Executive in the Sales department, with an annual fixed CTC of 400,000 and a monthly take-home salary of 29,733. It details various salary components, including basic salary, HRA, and employer contributions to PF. Additional notes indicate that the net salary may be affected by tax deductions and that the performance-linked incentive is contingent on individual and company performance.

Uploaded by

shivank.shree
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Annexure - A

Salary Structure
Date (dd-mmm-yyyy) : 14/Jun/2025
Band/Grade B1/ M1
Employee Name : Sourav Kumar Mahato
Designation : Area Sales Executive
Department : Sales (PSD)
Date of Joining (dd-mmm-yyyy) : 30/Jun/2025
Annual Fixed CTC : 400,000
Monthly Fixed CTC : 33,333
Monthly Fixed Gross : 31,533
Salary Components Monthly Annually
Basic 21,917 263,004
HRA (Max. @50% of Basic) 9,616 115,396
Children Education Allowance - -
Special Allowance - -
Sub Total [A] 31,533 378,400
Fuel & Maintenance and Chauffeur Allowance - -
LTA - -
Sub Total [B] - -
Gross Salary ( A + B ) 31,533 378,400
Statutory Benefits -
Ex-Gratia / Bonus* - -
Employer contribution for PF 1,800 21,600
Employer contribution for ESI - -
National Pension Scheme - -
Sub Total [C] 1,800 21,600
Employee contribution for PF 1,800 21,600
Employee contribution for ESI - -
Net Take Home # 29,733 356,800
Fixed CTC [D] = [ A + B + C ] 33,333 400,000
Annual Performance Linked Incentive (PLI) [E]** - -
Total Compensation - 400,000

Notes: Additional Benefits / Information


# Net take home salary may impact due to State/Central Govt. Compliance & Tax deduction applicable as per norms
Group Medical Insurance (family floater) Rs.200000/- (Rs.Two Lakhs only)
Gratuity As Per The Gratuity Act.
TDS Deduction Subject to submission of income tax proof and previous company Income statement / Form 26AS
*Subject to Statutory Norms
** The Annual Performance Linked Incentive (PLI) shall be payable based on Individual Performance and Overall Performance of the
Company against set promises to all eligible employees only.
-The PLI will be disbursed on yearly basis to the eligible employees subject to completion of their financial year with the Company.

Change in Compensation structure is on discretion of Company


All future increments and corrections (if any) will be based on Fixed CTC ONLY.
Salary to be kept confidential and not to be disclosed to anybody under any circumstances except to the designated officials in HR

This is electronically generated document hence does not required any signature

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