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    Appraisal Letter 2013-14

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    5782sat

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    © All Rights Reserved
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    Appraisal Letter 2013-14

    Uploaded by

    5782sat
    3 views3 pages

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    Copyright:

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    3 views3 pages

    Appraisal Letter 2013-14

    Uploaded by

    5782sat

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    May 28th, 2013

    Salary Revision Letter

    Dear Palagummi Srirama Subrahmanya Sarma,

    We are revising your compensation structure effective 03rd April 2013. All the other terms and conditions of your
    contract employment remain the same.

    Your compensation details are as enumerated in Annexure A. Your association and employment with us would be
    governed by the various policies and guidelines of the organization. The terms and conditions would be as detailed
    in Annexure B of your appointment letter.

    Please return the signed duplicate copy of this letter indicating the revision as a token of your acceptance of details
    enumerated in Annexure A.

    We welcome you to our pursuit of excellence and we feel proud to have a professional of your stature as a member
    of the Nityo family and wish you a long, rewarding and satisfying career with us.

    For Nityo Infotech Services Pvt Ltd

    Sunny Digitally signed


    by Sunny Vijay

    Vijay Pillay
    Date:
    2013.05.28
    Pillay 17:52:40 +05'30'

    Human Resources

    Employee’s Signature:

    Date:
    Compensation details

    Components Per Month Per Annum


    Basic 45,000.00 540,000.00
    HRA 22,500.00 270,000.00
    Bonus 3,749.00 44,988.00
    Telephone & Internet Reimbursement 4,000.00 48,000.00
    Fuel Reimbursement 7,000.00 84,000.00
    Professional Development Reimbursement 7,000.00 84,000.00
    Corporate Attire Reimbursement 7,000.00 84,000.00
    CCA 6,786.00 81,432.00
    Gross Salary 103,035.00 1,236,420.00
    PF Employer Contribution 1,800.00 21,600.00
    Gratuity 2,165.00 25,980.00
    Gross CTC 107,000.00 1,284,000.00
    PF Employee Contribution 1,800.00 21,600.00
    PT 200.00 2,400.00
    Insurance 336.00 4,032.00
    Total Deductions 2,336.00 28,032.00
    Net Salary (Pre Taxation) 100,699.00 1,208,388.00

    Note:

    Other components Max. Claimable

    Insurance Premium You will be covered under Group Medical Insurance


    and Personal Accident Insurance policy. Your
    salary compensation mentioned above is subjected
    to the deduction towards the premium amount for
    the same. Premium value is negotiated each year
    with the insurance Company and it will reflect as
    the deduction that the Company will pay to the
    insurance company.

    • Any Tax implication arising out of the above structure to be borne by the employee.
    Please Note:

    • In case of a pre-closure of a contract from your end, you need to serve a notice of 60 days.
    You are requested to keep the compensation information highly confidential.

    Nityo Infotech Services Pvt Ltd

    Sunny Digitally signed


    by Sunny Vijay
    Vijay Pillay
    Date: 2013.05.28
    Pillay 17:53:29 +05'30'

    Human Resources

    Employee’s Signature:

    Date:

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