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Increment Letter

Mr. Yadlapalli Jaya Krishna has received an increment in his annual CTC from Rs. 5,76,000 to Rs. 6,48,000 effective April 1, 2023, in recognition of his performance during the appraisal period. The letter expresses appreciation for his contributions and encourages continued good performance. All other terms of his appointment remain unchanged, and he is requested to sign and return the letter as acceptance.

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0% found this document useful (0 votes)
83 views2 pages

Increment Letter

Mr. Yadlapalli Jaya Krishna has received an increment in his annual CTC from Rs. 5,76,000 to Rs. 6,48,000 effective April 1, 2023, in recognition of his performance during the appraisal period. The letter expresses appreciation for his contributions and encourages continued good performance. All other terms of his appointment remain unchanged, and he is requested to sign and return the letter as acceptance.

Uploaded by

Jaya Krishna
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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SIS/HR/IL/2023

24th March, 2023

Name: Mr. Yadlapalli Jaya Krishna


EMP ID: Y091186
Designation: Software Engineer

Increment Letter

Dear Jaya Krishna,

In recognition of your performance and contribution to the organization during the appraisal period of
April 2022 to March 2023, we are pleased to inform you that, your CTC per annum has been revised
from Rs. 5, 76,000/- to Rs. 6, 48,000/- w.e.f April 1, 2023.

We take this opportunity to congratulate you, and express our appreciation for your valuable
contribution to the organization. We are confident that you will continue the good work in the same
spirit of commitment and sincerity towards further growth of the organization.

The management looks forward your continued good performance & support. Wishing you & your
family a great year ahead.

All the other terms and conditions of your appointment remain unchanged. Kindly sign and return the
copy of this letter as a token of acceptance.

With warm regards.

Yours truly, Accepted

For Scion Infoscribe Services Pvt. Ltd.

Prashant Nair
Manager - HR

22-160/A/1, 308, IInd Floor, Madhavi Society,


040 – 71903512 info@scioninfo.com Kukatpally, Hyderabad – 500072.
Annexure I

Name : Mr. Yadlapalli Jaya Krishna


Option A : NON FRILL PACKAGE
Grade : Software Engineer

OPTION - A - NON FRILL PACKAGE

Annual Remuneration Package


Sr. No. Particulars Monthly Amount (Rs) Annual Amount (Rs)
1 Basic 22,680
2 House Rent Allowance 8,100
3 City Compensatory Allow 7,738
4 Conveyance 4,320
5 Special Allowance 8,122
6 Medical Allowance 3,040

Total Gross Pay 54,000 6,48,000

TOTAL Gross Per Annum 6,48,000


TOTAL Gross P.M 54,000

*Income Tax as per Applicable Rates

22-160/A/1, 308, IInd Floor, Madhavi Society,


040 – 71903512 info@scioninfo.com Kukatpally, Hyderabad – 500072.

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