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Name

Role Title Engineer Trainee


Level 1'B
Details of Total Remuneration
MONTHLY TAKE
AMOUNT IN INR MAXIMUM LIMIT
SALARY COMPONENTS HOME SALARY
PER ANNUM (INR P.A.)
(INR p.m.)

Basic Pay 180,000


15,000
Provident Fund (Employer’s Contribution) 21,600

Internet Connectivity Allowance 7,200


600
Special Allowance FLEXI COMPONENTS* 51,200
4,267
House Rent Allowance (HRA) 90,000
7,500
Leave Travel Assistance (LTA) 0
Food Coupons 0
National Pension Scheme (Employer’s
0
Contribution)
COST TO COMPANY 3,50,000
27,367

Employee's contribution to PF @ 12% of


Basic 1,800
Mandatory Deductions

Employee's contribution to ESI @ 0.75% of


wages -

Employee's contribution to mediclaim


(50% of the premium - Mandatory Self
option Only)
195
(Amount may vary if employee opts of any
other option)

***Net take home (before tax deductions)


25,371

Company
Other Benefits** Contribution Coverage Amount
(Average Premium)
Group Medical Insurance (Mediclaim)
500,000
Policy
Group Term Life Insurance Policy 10,606 1,000,000
Group Personal Accident Policy 1,000,000
Footnotes on Asterisked Items above -
* The eligibility of these components is guided by the respective Company Policies for each Level except for Special Allowance.
** In Addition to the above, you will also be entitled to participate in the Company’s Group Personal Accident Policy (GPAP),
Group Term Life Insurance Policy as per the Schemes existing in the Company. The participation in Group Medical Insurance for
self is mandatory and company contributes to the premium as per the policy. The premium amounts are indicative and may
change annually basis the changes in policy and other market factors.
***Actual Net take home will depend on the flexi basket the employees chooses, type of Insurance scheme that the employees
might opt for, monthly reimbursements that the employees might claim for and other necessary tax deductions as per the Indian
IT laws.
You will also be eligible for Gratuity as per the Payment of Gratuity Act

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