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Increment Letter

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0% found this document useful (0 votes)
18 views1 page

Increment Letter

Uploaded by

rajagowtham108
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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PAGARIYA

An ISO
FOOD PRODUCTS (P). LTD.
22000:2005 Certified Company
Corporate office: Pragathi Arcade, No. 243, 2nd Floor, 3rd Main Road,
Chamarajpet, Bangalore, Karnataka - 560018.
P:080-26606204/205
CIN No: U15300KA2009PTC051190 Goodness Inside

Mr.Praveen Kaushik 12th April,2023


EIN: PFPPL/819
Designation:Assistant Manager-Institution
Dept.: INSTITUTION
Through: HOD
Dear Mr.Praveen Kaushik,
Sub: Increment for 2022
We are pleased to inform you that the Management has reviewed your performance during the
assessment period from Jan 2022 to December 2022. Increasing Rs.3500/-w.e.f. January '"2023 the
detail of CTC is as below:

Existing CTC Per Month Revised CTC Per Month


Components Amount (Rs.) Components Amount (Rs.)
Basic Salary 28000 Basic Salary 36750
DA 4200 DA 5513
CCA + HRA 12880 CCA + HRA 16905
CONVEYANCE 800 CONVEYANCE 1600
SPECIAL ALLOWANCE 24120 SPECIAL ALLOWANCE 12732
Gross Salary 70000 Gross Salary 73500
PT 200 PT 200
PF (12%6) 1800 PF (129%) 1800
ESI 0 ESI
Deduction 2000 Deduction 2000
Net Salary 68000 Net Salary 71500
PF (13%) 1950 PF (13%) 1950
ESI ESI
Gratuity 1549 Gratuity 2033
Bonus 4200 Bonus 4410
Total 7699 Total 8393
Total CTC 77699 Total CTC 81893

We hope you willcontinue to put in your best efforts in achieving the individual targets as well as
overall targets of the company towards mutual benefits and business excellence.
Please acknowledge the same.
For PAGARIYA FOD PRÌDUCTS PVT.LTD,

Dheeraj Jain
Director

Factory: Unit Plot No # 302 A, Phase - 2, KIADB Industrial Estate, Harohalli


Taluka Kanakapura, Dist Ramanagara, Pin Code: 562 112, Karnataka State, India.

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