Annexure "I"

Gauravh Waidande
Cost Head Per Month Annual
Gross Salary 11104.00 133248.00
Basic + DA 9604.00 115248.00
HRA 1000.00 12000.00
Laundry Allowance 500.00 6000.00
Education Allowance 0.00 0.00
Attendance Bonus 500.00 6000.00
(-) Less PF 12% on Basic -1152.48 -13829.76
(-) ESIC 1.75% on Gross -168.07 -2016.84
(-) Professional Tax -200.00 -2400.00
Net Take Home 10083.45 121001.40
(+) PF 13% - Employer 1248.52 14982.24
(+) ESIC 3.25% - Employer 360.88 4330.56
(+) Bonus 8.33% of Basic 800.01 9600.16
(+) Leave Salary (Gross/312)*21 747.38 8968.62

(+) Gratuity (Basic+DA/2/26) 400.17 4802.00

Cost To Company 14660.96 175931.57

1 The Salary structure is complied with all statutory benefits to the employee
2 The revision in salary will done annually as per preformance evaluation by Balsan India Management.
3 All travel expenses incurred for business purpose to be claimed separately as per the travel policy of Balsan India.
4 Every month INR 500/- will be paid against communciation expenses; to be claimed from accounts
 Annexure "I"

Remakrs

Employee Contribution
Employee Contribution
Employee Contribution

Employer Contribution
Employer Contribution
Will be paid annually
Will be paid annually - Any leave in a month will be deducted.
Last Drawen Basic + DA / 2 X No of Years > 5 = Gratuity
Will be paid subject to completion of 5 Years employment in Balsan India.

enefits to the employee

ormance evaluation by Balsan India Management.
be claimed separately as per the travel policy of Balsan India.
nciation expenses; to be claimed from accounts
 Total Day ThisMonth 30 pay structure

Name Of Desig Basic + Laundry Education

Sr.
Employee nation WD WO TTL DAYS
DA
HRA
Allowance Allowance

1 26 4 30 9604 1000 500 0

ure Computed Salary

(-) Less PF (-) ESIC

Attendance Basic + Laundry Education Attendance
Gross Salary HRA 12% on 0.75% on
Bonus DA Allowance Allowance Bonus
Basic Gross

500 11604 9604 1000 500 0 500 -1152.48 -87.03

 (+) Leave (+)
(-) Net Take (+) PF (+) ESIC (+) Bonus
Salary Gratuity Cost To
Professio 13% - 3.25% - 8.33% of
nal Tax Home Employer Employer Basic (Gross/31 (Basic+DA Company
2)*21 /2/26)
-200 10164 1248.52 435.15 800.0132 781.0385 184.6923 15053