Components Basic HRA Transport allowance Mobile allowance Conveyance Special Allowance Gross Employer's Contribution to PF Employer's Contribution

to ESIC Mediclaim Insurance CTC

PM 8333 3333 2000 1000 800 4295 19761 1000

PA 100000 40000 24000 12000 9600 51536 237136 12000

Remarks 40 % of the CTC 40% of the basic As per City Rs1000 PM Fixed maximum Fixed slab of 9600 pa balancing figure

72 20833

12% 0f basic applicable only if gross is less than or equal to Rs.10000/- then 4.75% of gross salary will be towards ESIC 864 this is employers contribution 250000

MEDICLAIM COVER

The mediclaim covers only the employee for a cover of Rs. 50000/-. The cost of the premium is shared between the company and the employee. The employee will contribute Rs. 24 pm towards the mediclaim premium

GROUP PERSONAL ACCIDENT COVER The employee is covered under the GPA policy for an amount of Rs. 1 lakh.