Mr.

Sushil Yadav
Unit : Aditya Birla Retail Limited
Department: Project
Designation: Senior Officer
Job Band Equivalent: 11
Location: Badli
Next revision on : 1-Jul-10
Amount (INR) Annual Remarks
Salary 74520
Basic Salary 74520 This is paid on a monthly basis.
Retirement benefits and HRA are linked
to it.
Allowances / reimbursements 182400
Medical 14400 This covers domiciliary expenses
incurred on medical conditions such
illness etc. These cover those expenses
for which one door not have get admitted
to a hospital. These are to be claimed
against medical bills obtained from the
chemist etc. This amount is tax free
subject to the relevant bills being
produced.

Leave Travel Allowance 12000 This Covers reimbursement for travel on

leave within India. It is governed by the
IT Act where one can take tax exemptions
twice in a block of four years.

Education Allowance 24000 This amount is paid as part of salary.

This is not against any claim.

Special Allowance 132000 This is paid on a monthly basis.This

does not have any link to retirement
benefits or any other element of
compensation.

Guaranteed Cash 256920

Retirement Benefits 19977
Provident Fund (12% of Basic) 8942 The employer contributes to the extent of
12% of basic salary. This amount is
deposited with the PF Trust of the
company. Similar amount if deducted
from employee's basic salary as his
contribution.

Superannuation (10% of
basic) 7452 The employee contribution to the extent of
10% of basic salary to a pension fund.
This is computed to provide for pension.
This amount can also be cashed out as
Superannuation Allowance.

Conveyance 36000
Conveyance 36000 This amount is paid as a part of the
monthly salary.

Loans 0

Housing 37260
HRA 37260 This is valued at 50% of the basic salary.

Fixed Compensation 350157

Varialbe Pay 35000
Performance Incentive Plan This amount is the target pay on
achievement of 100% of the targets set
i.e. a rating of 3 on a 5 point rating
scale. The amount indicated here is for a
35000 performance period of 12 months. April-
March. The actual payout will vary due to
performance levels and period worked in
the performance period.

Cost to Company 385157

Benefits / Perks not valued

Hospitalization Insurance Yes As per company's policy.

Accident Insurance Yes As per company's policy.

* Taxes as applicable, to be borne by incumbent, as per prevailing tax laws.