Pragnesh Vyas

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Hi Pragnesh Vyas

Congratulations!

We are pleased to extend you an offer to be part of Caterpillar Signs Pvt Limited (A Group Bayport Entity) at our Gandhinagar unit.

Please find the salary details in Annexure A.

We are confident you will be able to make a significant contribution to the success of the organization and look forward to working with you.
This offer is valid, subject to successful clearance of your background verification

Designation – Manager
Department – NPD
Date of Joining – 23-11-2023
Reporting Location – 26+27, Electronic Park SEZ, Sector – 26, Gandhinagar – 382028
Reporting Time – 10.00 AM

Annexure A

EARNINGS MONTHLY YEARLY


Basic 30,000.00 3,60,000.00
HRA 12,000.00 1,44,000.00
Medical Allowance 1,200.00 14,400.00
Conveyance Allowance 1,600.00 19,200.00
Special Allowance 27,417.00 3,29,000.00
Know Update Allowance 5,000.00 60,000.00
SUB TOTAL (A) 77,217.00 9,26,600.00
PF - Employer 1,800.00 21,600.00
PF - Other Charges 150.00 1,800.00
TOTAL INR 79,166.67 INR 9,50,000.00
DEDUCTIONS MONTHLY YEARLY
PF Employee 1,800.00 21,600.00
TOTAL DEDUCTIONS (B) INR 1,800.00 INR 21,600.00
TOTAL (A-B) INR 75,416.67 INR 9,05,000.00

**Note:

1
1. The Company reserves the right to change the employee benefits and policies from time to
time. You will be informed of these changes.
2. TDS will we calculated and deducted from your gross salary as per the Income tax
declaration you will share with us.
3. You will be eligible for Night Shift allowance as per the company policy only if you work in
night shift for that particular month.
4. Gratuity will be applicable over & above the CTC.
5. PT will be Applicable (decucted) as per location & salary slab.
6. Medical insurance will be applicable as per the company policy if the employee is not covered in ESIC.
7. This offer is subject to satisfactory completion of background check and verification of documentation.

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