Date: 18/05/2020

Offer Letter ID: 80027290

Dear BHAVYA MU,

We FREENKART SOLUTIONS. Solicitors would like you to join in our company. After
considering your academic performance that you have specified and interview performance,
which was conducted recently, we decided to recruit you as an Associate Developer, where you
should solve all the minor issues and should come forward with your ideas and suggestions in
typical cases.

We, as a team, take as much pride in our work culture as we do in our offerings, well, these two
are inseparable for us. We are a group of extremely passionate and talented individuals who are
attached to the vision of the company and take the onus on themselves to attain that Vision. The
only rule in FREENKART is to enjoy work and be accountable for the same and that binds us all.
There will be times when the targets will be pressurizing but we feel that passion and love for what
we are doing will always sail us through the arduous tides, together.

We understand that this will mark a very significant step in your career as well. This will be a very
different experience for you and we hope you are equally excited about the same. We hope that
you can carve out a niche for yourself in this team and find the satiation and joy that everyone
craves for in the professional aspect of Life and in the process grow with everyone else.

We have made few terms and conditions in this employment contract letter which you need to
follow for sure. Firstly, it is our company’s rule, not to discuss the case outside the company
under any cost. Secondly, if you are short of ideas then you should not approach the outside
companies to resolve the case. Keeping in view of your work experience and knowledge, we
have also fixed your pay scale, which would be ₹3,25,000 annually. For further queries, please
contact us as soon as possible.

Coming to the professional part of the offer, you will need to join FREENKART Team in
Bangalore & Your probation period would be 1 Year from the date of joining. During probation
period the company shall have a right to terminate the employment with the company by giving
15 days’ notice. The employee shall have the right to terminate the employment with the Company
by giving 15 days’ notice.

Full family medical coverage will be provided through our company's employee benefit plan and
will be effective on June 1. Dental and optical insurance are also available. FREENKART India
offers a flexible paid time-off plan which includes vacation, personal, and sick leave. You may
be allow to travel all regions and foreign Hr panel meetings basis of company instruction.

Sincerely,
HR MANAGER,
FREENKART SOLUTIONS

62-1,3rd Floor, Nandhini Nagar, Nandi Co-Operative Society, Miyapur, KFC Backside, Hyderabad,
Telangana 500049
 Calculating Gross Salary Monthly Yearly

CTC 27,083 3,25,000

EPF 975 11700

Gratuity 391 4,687

Gross Salary 25,718 3,08,613

Calculating Taxable Income

Gross Salary 25,718 3,08,613

HRA 4,062 48,744

Standard Deduction 4,167 50,000

Prof. Tax 200 2,400

Medical Insurance 600 7,200

Tax Saving Investments 0 0

Taxable Income 16,714 2,00,269

Calculating Income Tax

Income Tax 0 0

Calculating In Hand Salary

Gross Salary 25,718 3,08,613

Income Tax 0
0
Prof. Tax 200 2,400

2,99,013
Take Home Salary per month 24,000

* TDS applicable as per Income Tax Rule

62-1,3rd Floor, Nandhini Nagar, Nandi Co-Operative Society, Miyapur, KFC Backside, Hyderabad,
Telangana 500049