Salary Increment Letter Generator
Enter the current and revised CTC and the effective date, and get a salary increment letter to share with your employee.
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The letter changes as you typeWhat should a salary increment letter say?
The current and revised CTC (or the percentage increase), the date the new salary takes effect, a line on why, and that the other terms stay the same. Attach the new salary break-up if the structure changes.
When are salary increment letters given?
Usually after the annual appraisal, before the new financial year starts in April, or on a promotion. The letter should reach the employee before the first payslip at the new salary.
Does an increment change PF and tax?
It can. A higher basic salary raises the PF contribution (up to the wage ceiling), and a higher salary can change the employee's monthly TDS. Payroll software recalculates both from the effective date.
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