Date-10/01/2014

To,
Name : Mr. Arijit Das Choudhury
Designation : Project Engineer
Department : Project.
Location : New Delhi


Subject: Annual Salary Increment Letter .



Dear Mr. Arijit Das Choudhury,

Keeping in view of your performance as Project Engineer for MVS ENGINEERING LTD, the management
has decided to give you an increment of Rs.3000/- with effect from March 2014.

Now your salary is Rs. 31,000/- per month.

Details of salary break-up is mentioned in the annexure-I provided with this letter.

Best Of Luck.

For,
MVS ENGINEERING LTD.


H.R.
(Authorized Signatory)













ANNEXTURE I
REVISED RENUMATION WITH EFFECT FROM MARCH 2014



DATE : 10/01/2014
NAME : ARIJIT DAS CHOUDHURY
DESIGNATION : PROJECT ENGINEER
DEPARTMENT : PROJECT
LOCATION : NEW DELHI

PM PA
BASIC 12,400 1,48,800
HOUSE RENT ALLOWANCE 8,137 97,644
CONVEYANCE 5,231 62,772
OTHER ALLOWANCE 5,231 62,772
TOTAL 30,999 3,71,988
EPF* 1,224 14,688
GROSS A 29,775 3,57,300

YEARLY BONUS 12,400
YEARLY INCENTIVE** 12,400
YEARLY MEDICAL EXPENSES 12,000
YEARLY MOBILE PHONE EXPENSES 24,000
GROSS B 60,800

TOTAL CTC (A+B) 4,32,788
*The amount shown is the employer share of PF will be deducted from employee monthly total salary.
**This amount is variable and is paid on the basis of individual and companys performance for the year.
.
ADDITIONAL BENEFITS :
a) Life Insurance and Accident Coverage.
b) Other allowances are as per company rules.

For,
MVS ENGINEERING LTD



H.R. (Employee Name and Signature.)
(Authorized Signatory)