Gatinshu Gupta

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27 November 2022

Mr. GATINSHU GUPTA


Jammu 190001

Dear Gatinshu Gupta

Subject: Letter of Offer

This is with reference to your application and the subsequent interview you had with Mswipe Technologies
Private Limited (“ Company ”). We are pleased to offer you the position of ‘ Team Leader ’ with the
Company. The effective date of your appointment is agreed on or before 01 December 2022

You shall be paid an all-inclusive remuneration package (Fixed Cost-to-Company) of Rs. 300,000 /-
(Three Lakh Rupees Only ) per annum subject to statutory deductions.

Your place of posting will be at jammu . The normal working days will be 6 days a week and 9 hours per
day. Further, second and fourth Saturday’s will be weekly off based on the business requirement and
discretion of the business head. Work hours may have to be extended as and when the business of the
Company so demands. The probationary period for this position is 6 months. Performance assessment will
be conducted periodically. Continued employment is contingent upon your meeting the Company’s
expectations.

On your first day of work, you will also be required to confirm your acceptance and agreement on our
terms of employment. These terms will be detailed in your Letter of Appointment and Mswipe Employee
Policy document.

This Letter of Offer is contingent upon the successful completion and completion of joining documents,
background and reference checks carried out by the Company. Please refer to the list of joining
documents in Annexure B.

Please confirm your acceptance of this Letter of Offer by replying to our offer email, or by sending us your
signed copy of the Letter of Offer within two (2) working days. Please note, by accepting this Letter of
Offer, you are agreeing to the Terms laid out in your Letter of Appointment and Mswipe Employee Policy
document and any subsequent changes made to Human Resource Policies from time to time. Please note
that if you do not report on the reporting date, this Letter of
Offer will stand withdrawn
We look forward to your joining the Company and to a mutually rewarding working relationship.
Thanking you.

Yours faithfully,
For Mswipe Technologies Pvt. Ltd.

Sony Gupta
Sr. Manager - H.R.

Declaration:

I agree and accept this Letter of Offer which has been read, understood and accepted by me.

Signature
Name:
Date:
ANNEXURE A
Name: Gatinshu Gupta
Designation: Team Leader
Department: Retail Sales
Reporting Manager Name: Anoop Dhiman
Reporting Manager Designation: Area Sales Manager - Retail Sales
Date of Joining: 01 December 2022
Location: jammu 190001
Salary Component Yearly Monthly
Basic 1,50,000 12,500
HRA 15,000 1,250
LTA - -
CCA 1,00,920 8,410
Statutory Bonus 12,480 1,040
Gross Salary 2,78,400 23,200
PF 21,600 1,800
ESI - -
PT 2,400 200
Deduction 24,000 2,000
Net Take Home 2,54,400 21,200
PF 21,600 1,800
ESI - -
Employer Contribution 21,600 1,800
CTC 3,00,000 25,000
Note

Please speak to HR in your first month to understand income tax deductions and the Provident
Fund Scheme of the Company.
Net pay and salary breakup is subject to change as per Statutory Changes. (Income Tax, PF, ESIC,
PT, TDS, etc.) There will be an additional monthly deduction towards your mediclaim Insurance as
per the Company Mediclaim Policy.

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