Back office executive

TERRA FINANCIAL SERVICES PRIVATE LIMITED

(Formerly known as Rashmi Exports Private Limited)

Stesalit Tower, GP- Block, E-2-3, 8th Floor, Sector-v, Kolkata – 700091 GST-19AABCR4121M1ZA Email: **********@************.**.** CIN: U67100WB1990PTC049807

Reference No.- ILTFI-003 Date: 01.04.2024

Dear SWATI BANDYOPADHYAY,

Employee Code –TERN905

New Designation – Executive

Subject: Increment Letter

Based on the ongoing annual performance review and evaluation, we are pleased to confirm the results of the same as below. You have received an increment in gross salary w.e.f. 1st April, 2024 and your revised gross salary is Rs. 2,16,636/- per annum (inclusive of all other deductions.)

Your monthly gross salary thus, stands revised as Rs. 18,053.00/-. For details refer annexure to this letter as attached in the next page. All the other terms and conditions of your appointment letter remain unchanged.

We appreciate your dedication and hard work which has significantly contributed to the success and growth of the organization. The annual review increment is a testament to our commitment to rewarding excellence and fostering professional growth within our organization. Please review below revised salary breakup and should you have any questions or require further clarifications, do not hesitate to contact us. Congratulations once again and we look forward to your continued success with the company.

We appreciate your dedication and hard work, which have significantly Yours sincerely,

Ueda Akihiro

(Managing Director)

TERRA FINANCIAL SERVICES PRIVATE LIMITED

(Formerly known as Rashmi Exports Private Limited) Stesalit Tower, GP- Block, E-2-3, 8th Floor, Sector-v, Kolkata – 700091 GST-19AABCR4121M1ZA Email: **********@************.**.** CIN: U67100WB1990PTC049807

ANNEXURE - SALARY DETAILS

Notes:

1) The above-mentioned salary is subject to deductions as may be applicable from time to time under the relevant laws of Employees Provident Funds & Miscellaneous Provision Act, 1952, Employees State Insurance Act 1948, Income Tax Act 1961 & as per the Article 276, Clause 2 of Indian Constitution & any other laws which may be applicable in future, if any. 2) Annual Bonus may vary based on the actual performances. 3) Deductions may vary based on the changes in the applicable statutory rules. 4) TDS, if applicable, shall be deducted based on the investment declarations / submissions made by you during the year.

Ueda Akihiro Employee Name: SWATI BANDYOPADHYAY

(Managing Director) Signature:

Date:

Salary Element Per Month (INR) Per Annum (INR)

Basic Salary 10,831.8 1,29,981.6

HRA 4,513.25 54,159

Special Allowance 2,707.95 32,495.4

Gross Salary (A)

1

18,053 2,16,636

Annual Bonus

2

1,504.4 18,053

Employer’s contribution to PF 1,624.77 19,496.4

Total CTC 21,182.21 2,54,187

Deductions:

3

EPF 1,624.7 19,496.4

ESI 135.39 1,625

PROFESSIONAL TAX

130 1,560

LWF 18 216

Total Deductions (B) 1,908 22,896

Net in hand p.m. (A-B) 16,145

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