1st july 2018 st mr. ramesh kamath mumbai appointment letter dear ramesh, it gives us immense pleasure in offering you an appointment in our organization with effect from your date of joining on the following terms and conditions : 1. position details : you are designated as chief financial officer in band 1 and will be based at mumbai. 1. 1. position details : you are designated as chief financial officer in band 1 and will be based at mumbai. position details : you are designated as chief financial officer in band 1 and will be based at mumbai. 2. compensation & benefits : your compensation shall be as follows : 2. 2. compensation & benefits : your compensation shall be as follows : compensation & benefits : your compensation shall be as follows : compensation componentamount ( inr per month ) amount ( inr per annum ) basic salary4000004800000other allowance8240839889000flexi basket compensation benefits ( fbcb ) * 60000720000medical allowance125015000pf ( employer contribution ) 48000576000cost to company ( ctc ) 133333316000000 compensation componentamount ( inr per month ) amount ( inr per annum ) basic salary4000004800000other allowance8240839889000flexi basket compensation benefits ( fbcb ) * 60000720000medical allowance125015000pf ( employer contribution ) 48000576000cost to company ( ctc ) 133333316000000 compensation componentamount ( inr per month ) amount ( inr per annum ) basic salary4000004800000other allowance8240839889000flexi basket compensation benefits ( fbcb ) * 60000720000medical allowance125015000pf ( employer contribution ) 48000576000cost to company ( ctc ) 133333316000000 compensation component compensation component amount ( inr per month ) amount ( inr per month ) amount ( inr per annum ) amount ( inr per annum ) basic salary basic salary 400000 400000 4800000 4800000 other allowance other allowance 824083 824083 9889000 9889000 flexi basket compensation benefits ( fbcb ) * flexi basket compensation benefits ( fbcb ) *