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  • Increemnt 123

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    Srinivasarao's salary at G.R.N Constructions Pvt. Ltd has been increased retroactively from January 2018. His new monthly salary is Rs. 150,000, which excludes a bonus of one month's salary. His basic salary increased from Rs. 55,000 to Rs. 75,000, his HRA from Rs. 22,000 to Rs. 30,000, and his special allowance from Rs. 31,750 to Rs. 43,750. Only TDS will be deducted from his increased monthly payout.

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    Srinivasarao's salary at G.R.N Constructions Pvt. Ltd has been increased retroactively from January 2018. His new monthly salary is Rs. 150,000, which excludes a bonus of one month's salary. His basic salary increased from Rs. 55,000 to Rs. 75,000, his HRA from Rs. 22,000 to Rs. 30,000, and his special allowance from Rs. 31,750 to Rs. 43,750. Only TDS will be deducted from his increased monthly payout.

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    7 views1 page

    Increemnt 123

    Uploaded by

    srinivas
    Srinivasarao's salary at G.R.N Constructions Pvt. Ltd has been increased retroactively from January 2018. His new monthly salary is Rs. 150,000, which excludes a bonus of one month's salary. His basic salary increased from Rs. 55,000 to Rs. 75,000, his HRA from Rs. 22,000 to Rs. 30,000, and his special allowance from Rs. 31,750 to Rs. 43,750. Only TDS will be deducted from his increased monthly payout.

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    To Date:-05/01/2018

    Srinivasarao.chitrada
    GM- Finance and Accounts
    Hyderabad-Office

    Sub:- Salary Increment- Confidential- Reg,.


    We are here with informing you that your salary has been increased with effect from Jan-18 is
    as follows and the deductions in your monthly payout is only TDS as applicable. This breakup is
    excluding 1 Month Bonus.

    Increment Salary Detail


    Salary Summary Previous Salary Present Salary
    BASIC 55,000 75,000
    HRA 22,000 30,000
    MEDI 1,250 1,250
    SPE ALL 31,750 43,750
    Errand Gross Sal 1,10,000 1,50,000

    Thanking You

    From G.R.N Constructions Pvt. Ltd

    Authorized Signatory

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