Name Qualifications (with yr.

of passing) Current Employer Current Designation Current Grade Current Location

XYZ University (for highest Qualification) Relevant Experience (in Yrs.) Proposed Function/ Dept. Proposed Designation Proposed Grade Proposed Location Salary items Amounts p.a.

MBA ABC LTD Manager Sales Band 1 D Mumbai

Date of joining Current Employer XXXXXXX Sr. No

1 Fixed Salary(Basic, PF, Gratuity)

2 Choice Pay

3 Performance Variable Bonus Total CTC P.A.

0 0

Notes

1 2 3 4 5

Fixed Pay plan consist of Fixed salary and Choice pay plan Choice Pay plan there is choice to choose from non taxable plan or taxable pay plan. One can choose both partly on your comfort & tax plan Your monthly gross will comprise of Fixed Salary + Choice plan which will be paid our every month Monthly gross payable will have deductions of PF, Gratuity and Income tax as appplicable. Performance linked variable bonus will be paid annually , directly linked to your performance

Graduate in commerce 4yrs Sales Regional Manager Sales E6 Mumbai Wadala Remarks Refer to sheet 2A for the working. This is compulsory , there is no choice - Payable Per month

Refer to sheet2B to choose your options . Choice Pay1 is non taxable option & Choice II is non taxable option- either one fully or partly both can be chosen which will added in your monthly gross - Payable Per month 20% of Fixed CTC (payable yearly) based on company performance and individual performance

One can choose both partly or anyone depending every month

CTC OPTION SHE

Name: Sr.No. Components Grade: Monthly (Rs.) Annually (Rs.)

A
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Guarantee Pay
Basic Salary Provident Fund Gratuity House Rent Allowance Conveyance Allowance Medical re-imbursement Children Education Allowance Children Hostel Allowance Attire Allowance Superannuation LTA 4,166.67 Fixed Bonus Car EMI Fuel & Maintenance re-imbursement Company Leased Accomodation Special Personal Allowance 0.00 33333 15,000.00 50,000.00 0.00 400,000.00 180,000.00 50,000.00 6,000.00 2,405.00 25,000.00 0.00 1,250.00 0.00 0.00 1,500.00 7,500.00 600,000.00 72,000.00 28,860.00 300,000.00 0.00 15,000.00 0.00 0.00 18,000.00 90,000.00

16

246,140.00

CTC offered

#REF!

2,000,000.00

B
1 2 3

Benefits
Group Personnel Accident Insurance Hospitalization for Self, Family & Parents Sodexho Food Coupons - Rs 15,600 per annum 0.00 0.00 0.00

Total Cost To Company (TCTC)

166,666.67

Performance Linked Varaible Pay

500,000.00

Note : These are just sample working sheets, the componenets and amounts may change fr

components for tax basic spa plv 600000 446000 500000 1546000 tax 163,800.00 100,000.00 5lac to 10lac 30,000.00 2lac to 5 lac total tax 293800

18k 2l 1.8 4.46

CTC OPTION SHEET

Location:Mumbai Choice Element

No No No Yes Yes Yes Yes Yes Yes Yes Yes Yes -Yes -Balancing Figure

2000000

1107140

sheets, the componenets and amounts may change from time to time and company to company and per prevailing tax rules

SHEET

Explanation

30% of fixed component basic sal if da is there then 12 % of basic + da; some companies have a cap of 6500pm 15days for every year of service, last salary is calculated on, 26 of work; it is given after 4yrs, 8mnths, 10 days of service; less than 5 yrs, if any amt deducted frm salary as exgratia; maximum ceiling of gratuity is 10,00,000 50% - metros, 40% - town b, 30% of basic as hra is given 800rs is permitted by income tax which is not tax deducted - do not to give supporting bills etc, have to submit lowner aggrement etc 15,00,000 is not taxable ..over and above the amt company gives is taxable. No cosmetics or beautifying things considered medical bills - shuld not fake medical bills, can lose job some cos give 1000 perchild per months, some give 100 per child per month rs 300 pm per child owa - office wear allowance; need to give bills; in cases where there is uniform so owa will not be no given longer a fixed component ( only basic, PF and Gratiuty and DA) is mandatory now) many companies have done away with it as govt of india has made it optional. At retriment age many companies have 58 or 60 retiring. It is an employee contribution so deductable - govt of in a block of 4yrs can take it twice (ex, jan 2010 to dec 2013 - all happens calendar year) but rest comp ben calculation financial year. Min five days of leave..upto second ac allowed, economy class air tickets). LTA is always home town when have to claim it from the FB is given to lower level employees, maxto can be given in the you range of 8.33 to 20 percent. Company decides that for ex. 8.33% of all. Decided in advance so called fixed. In corporate set ups it is zero. the amendment in 2010 , the min bonusThey to berun given workers is Rs. companies tieAfter ups with vendors who have leasing options. theto entire exercise of taking the cars for the employees with negotiated interest rates. Junior mngmnt can opt for cars upto 5lacs, middle upto 10lac, higher level 15lacs - ceiling . Includes appholstry, interest Maximum 15000pm if company owned car; tax exempt Rs .8000 if self owned. tax exempt car papers in the name of the employee only then benefits If opt for company leased acco then cant opt fr HRA facility

this is totally taxable.

92262

company claims expensedepends co to co..n ppl for it is coverd Rs.1.5 Lacs (family floater) / Rs.25 Lacs (Co.Floater) / Maternity Rs.40,000 Where subsidised canteen is not available.

assuming 20% as perf variable plan

nge from time to time and company to company and per prevailing tax rules

if u leave company A and join company B and do not wish to transfer, how would u get the money? If we show that for two months have not worked elsewhere

based on need and tax slabs these are chosen - cafeteria approach

this amt is not given in the final settlement if the employee leaves before super annuity age; if it is given exgratia then and have opted for it then need LTA is claimed after completing every year in the organization. Cuz LTA is given is once every year or twice in a block of four years. Can put it upder special allowance if leasing aggrement is to be broken then leasing agency charges a penalty in one year's time or acc to the time frame which can be as per the aggrement

based on need and tax slabs these are chosen - cafeteria approach, only employe parents not spouse's parents, legaly cant cover the same person twice from co point of every month sudexo amt is loaded into the card

all these reimbursement allowances need to give bills if not to be taxable

similRLY if opt for car scheme and conveyance

It is an insurance - have to be hospitlized if it is declared at the time is tax free..gift coupons toonormaly during diwali can use the entire year, if leaving, taken back

e year, if leaving, taken back

Name Date of Birth Highest Qualification Current Employer Current Designation Current Grade Current Location Total Experience in yrs Relevant Experience in yrs Date of Joining Current Employer Timbaktu

Item Basic DA Total Basic HRA ** Transport Allowance Medical Allowance LTA / Medical Conveyance Allowance Interest Subsidy Mobile Phone Reimbursement Shift Allowance Personal Allowance Total Cash PF Gratuity Superannuation ESIC Total with retirals (A) Stocks Deferred Bonus Incentives

Current (Rs. p.a.)

600,000.00
600,000

300,000.00 0.00 15,000.00

50,000 50,000 0

965,000.00 72,000.00 28,860.00 90,000.00

0 1,155,860

Bonus Variable Pay (B) Potential to Earn ( A + B ) 0 1,155,860

*All items subject to detailed rules / guidelines *Current Tax exempt remuneration grossed up

** HRA varies as per city

Private & Confidential

Note : These are just sample working sheets, the componenets and amounts may change from time to time and company to co

tax

1063600 132000 66300

Age University Proposed Role Proposed Grade Proposed Designation Proposed Location Proposed City Type Proposed Role in Proposed Date of Joining Proposed (Rs. p.a.) 960,000 normally in central state govt 960,000 288,000 30,000 1,500,000 80,000 standard amt 9,600 0 500rs per day x 10days x12 60,000 1,452,000 4,379,600 Rate % 115,200 46,176 144,000 0 3,200,000 0 0
(based on actual performance, annulized)

Change (%)

60%

earlier co dint give any loans.if it gave loan @4%. New co doesnt hv any facility for home 0 loan so 12-4% = 8% for the balance after transfe

354% Rate % 12 4.81 0.00 177%

800,000 (target) 800,000 4,000,000 #DIV/0! 246%

2,092,400

Private & Confidential

mounts may change from time to time and company to company and per prevailing tax rules

960000 1452000 800000 3212000 2212000

Proposed CTC offer A 1 2 3 Fixed Pay Plan Particulars Basic PF Gratuity Amounts p.m. 0 0 0 0 Amounts p.m. 0 0 0 0 0 0 0 0 0 0 0 Amounts p.m. 0 0

0 Amounts p.a. 0 0 0 0 Amounts p.a. 0 0 0 0 0 0 0 0 0 0 0 Amounts p.a. 0 0

B 1 2 3 4 5 6 7 14 9 10

Choice Pay Plan I (Non Taxable) Particulars House Rent Allowance Conveyance Allowance Medical re-imbursement Children Education Allowance Children Hostel Allowance Superannuation Car EMI Fuel & Maintenance re-imbursement Company Leased Accomodation LTA

C 11

Choice Pay II (taxable) Particulars : Special Allowance Special Allowance

Benefits

1 2 3 4 5

Group Personnel Accident Insurance Hospitalization for Self, Family & Parents Sodexho Food Coupons Mobile Handset Mobile Reimbursements

for eg. Rs.1.5 Lacs (family floater) / Rs.25 Lacs (Co.Floater) / Mate Will be given by the company as per policy will be reimbursed as per policy

Note : These are just sample working sheets, the componenets and amounts may change from time to tim

y floater) / Rs.25 Lacs (Co.Floater) / Maternity Rs.40,000

any as per policy policy

d amounts may change from time to time and company to company and per prevailing tax rules

Paragana Registeration Form_Parivartan