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Lokesh

Mr. Lokesh Ramesh Wagh is an Area Sales Manager in the Sales department, having joined on February 1, 2025. His gross monthly salary is ₹71,000, resulting in an annual CTC of ₹8,52,000. Deductions include provident fund and professional tax, leading to a net monthly salary of ₹70,792.

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31 views1 page

Lokesh

Mr. Lokesh Ramesh Wagh is an Area Sales Manager in the Sales department, having joined on February 1, 2025. His gross monthly salary is ₹71,000, resulting in an annual CTC of ₹8,52,000. Deductions include provident fund and professional tax, leading to a net monthly salary of ₹70,792.

Uploaded by

accounts
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Annexure-B

Name- Mr.Lokesh Ramesh Wagh Wagh


E.Code:- 0
Department :- Sales
Designation:- Area Sales Manager
Date Of Joining:- 01.02.2025
Monthly Component Per Month (Rs.) Anualized (Rs.)
Basic 28400 340800
HRA 14200 170400
Other Allowance 23984 287808
Medical Allowance 1250 15000
Gratuity (as Per Law) 1366 16392
Provident fund Employer 1800 21600
Gross Salary (A-Total) 71000 852000
Deduction (B)
Provident fund (as Per Law) 1800 21600
IT(As Per Norms)
P.T. 208 2500
Net Salary 70792 849500

TOTAL CTC ₹ 71,000.00 ₹ 8,52,000.00

Authorised Signature

Note :-
1. Provident fund is applicable after the completion of Probation Period .
2. Professional tax will calculated as 2500/- per Annum whereas 208 for 11 months and 212 for
the 12 month.

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