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    Annexure A 3.80

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    panduram tiyu
    This document outlines the annual earning opportunity for Mr. Mohit Singh in his role as Assistant Engineer located in Chembur and joining on August 22nd, 2022. It details his monthly and annual compensation including a basic salary of Rs. 12,000, allowances totaling Rs. 28,743.66 per month, and additional annual benefits totaling Rs. 40,284 for a total annual earning opportunity of Rs. 3,80,000. It also lists additional insurance benefits and notes that compensation can be restructured while protecting annual earnings.

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    Annexure A 3.80

    Uploaded by

    panduram tiyu
    112 views1 page
    This document outlines the annual earning opportunity for Mr. Mohit Singh in his role as Assistant Engineer located in Chembur and joining on August 22nd, 2022. It details his monthly and annual compensation including a basic salary of Rs. 12,000, allowances totaling Rs. 28,743.66 per month, and additional annual benefits totaling Rs. 40,284 for a total annual earning opportunity of Rs. 3,80,000. It also lists additional insurance benefits and notes that compensation can be restructured while protecting annual earnings.

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    This document outlines the annual earning opportunity for Mr. Mohit Singh in his role as Assistant Engineer located in Chembur and joining on August 22nd, 2022. It details his monthly and annual compensation including a basic salary of Rs. 12,000, allowances totaling Rs. 28,743.66 per month, and additional annual benefits totaling Rs. 40,284 for a total annual earning opportunity of Rs. 3,80,000. It also lists additional insurance benefits and notes that compensation can be restructured while protecting annual earnings.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    112 views1 page

    Annexure A 3.80

    Uploaded by

    panduram tiyu
    This document outlines the annual earning opportunity for Mr. Mohit Singh in his role as Assistant Engineer located in Chembur and joining on August 22nd, 2022. It details his monthly and annual compensation including a basic salary of Rs. 12,000, allowances totaling Rs. 28,743.66 per month, and additional annual benefits totaling Rs. 40,284 for a total annual earning opportunity of Rs. 3,80,000. It also lists additional insurance benefits and notes that compensation can be restructured while protecting annual earnings.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    Tata Power Limited,

    Bombay House, 24,


    Homi Mody Street, Fort
    Mumbai - 400001
    Maharashtra, India
    Annexure ‘A’

    Annual Earning Opportunity for: Mr. Mohit Singh


    Travel Plan: TP- 5
    Band: E3
    Designation: Assistant Engineer
    Location: Chembur
    Date of Joining: 22nd August 2022

    Monthly Components Amount Rs.

    Basic Salary 12000.00


    House Rent Allowance 5300.00
    Professional Allowance # 6570.00
    Conveyance Allowance 4033.00
    Group Health Medical Insurance # 640.66

    Total: Monthly (A) 28,743.66

    Total: Monthly: Annualized (B) 344924.00

    Annual Components

    Social Security & Retirals

    Provident Fund @ 12% of Basic Salary 1440.00


    Gratuity 1483.00

    Total: Annual (C) 40,284.00

    Total Annual Earning Opportunity: (B+C) 380000.00

    ADDITIONAL BENEFITS
    Group Personal Accident insurance Rs. 3L+3L on Air Accident
    Term Life Insurance Cover of Rs. 15 Lakhs

    Monthly OMB –HO (Office Mobile Budget) $ 350.00


    Monthly OMB- REGION (Office Mobile Budget) $ 55.00

    # On movement to an OMC/Transition / EUC & DC Practice the Compensation Shall be restructured with BHA
    /SLA as part other CTC.
    # # All employees are covered under GHMI by default. Please read detailed instructions before deciding.
    Existing employees have default coverage under GHMI in the absence of declaration.

    $ To be claimed for official cell phone expenses only as per the telephone policy available on EHS site. The
    claim has to be supported by bills and shall laps monthly if unclaimed. Employees depending upon their
    locational entitlement only should claim monthly OMB.
    You are covered under GPAI scheme as per Company’s GPAI policy. The sum assured is of Rs. 3 Lakhs
    (Rs. 6 Lakhs in case of Air accident).
    Your compensation can be restructured at any time protecting Annual Earning Opportunity.
    Note: Any Tax liability arising out of compensation will be borne solely by the employee.

    Date of issue: 03/08/2022

    Identification No. L28920MH1919PLC000567

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