Annexure-A. Mr. Nafis Haider Newgen Salar iManager-Operations (Projects) Monthly |_ Annual Basic | 28275 339300 [Flexi Basket of Allowances 54190 650280 [Conveyance Allowance 7600 19200 Total Monthly 84065 7008780 PF (12% of Basic) 3393 “40716 [Gratuity — 76313 IMedical Insurance: 2860 Healthcare Benefit 5165 [Gross Emoluments 37456 7073834 Performance Bonus 226200 ost To Company 000: |Other Benefits # Amount p.a. [Mediclaim Policy - Value Insurance Covered upto (Applicable for self & dependent family members). Rs. 2,00,000/- [Personal Accident Policy - Value of Insurance Covered upto Three Year Gross Salat Life Term Policy from LIC-Value of Insurance Covered upto Two Year Gross Sala Local Conveyance Reimbursement for Business Purposes IAs per Policy [Gratui [As per Polk iFlexi-basket of Allowances: Flexi-basket of Allowances will be paid to you as part of your salary. The components are as follows: House-Rent Allowance; Leave Travel Allowance, Medical Allowance, & Other Allowances. jYou can split the flexi-basket allowances under the above-mentioned heads according to your lpreferences and tax plans. You would be eligible for tax exemptions under the different components as per the rule determined by the income tax authorities. You should use the following guidelines while splitting above-mentioned heads. Head Guidelines / Limits HRA Upto 60% of Basic LTA [Upto 33% of Basic Medical [Upto Rs. 15,000/- Other Allowances Performance Bonus: __|Any Balance leftover Performance Bonus is paid out half yearly depending on Individual + Company + Business Group] performance. INote: This document gives indicative details of the above items. Their implementation is lgoverned by policies of Newgen and applicable legal agencies, and may change from time to time without prior notice.