2. Company Profile
Antique is a unique organization catering
to a wide array of financial services
products.
Their
knowledge
base,
information access combines into a
level of service which adds value to
their clients across categories and
geographies. Started almost 10 years
back,
Antique
has
seen
a
huge
transformation since 2008. With top
professionals across the verticals
joining Antique, today they are a
transformed company and one of the
fastest
growing
financial
services
companies in the country today.

3. Services offered:
• Equities ( Institutional and HNIs)
• Investment Banking
• Research

4. Job Description of
Support Associate
• Prepare and edit
documents, correspondence and
reports using various software
applications
• Maintain manual and computerized
filing systems
• Respond to inquiries, receive and
log calls for distribution to
appropriate people

5. • Coordinate meetings, attend meetings
and take and transcribe minutes
• Process and deliver mail, bank
deposits, invoices and receipts.
Photocopy documents and send
facsimiles
• Maintain and order office supplies
and resource materials

7. Basic Wage
“Basic wage” means all emoluments which
are earned by an employee while on duty
or on leave or on holidays with wages in
either case in accordance with the terms of
the contract of employment and which are
paid or payable in cash/cheque to him, but
does not include :o the value of any food concession;
o any dearness allowance;
o any presents made by the employer;
In short:- The amount a person earns before
additional payments/ allowances.

8. House Rent Allowance
Notional(estimated) amount of house
rent can not be presumed as wages for
deciding the coverage. In cases where
an employee is being paid house rent
allowance, the same will be included
both for coverage and contribution. In
cases where the staff quarters have
been allotted the amount of salary
and wages paid will count for
coverage and contribution and no
notional house rent allowance is to be
presumed in such cases.

9. Transport/Conveyance
Allowance
Conveyance allowance is paid to the
employee to compensate the
expenses incurred by the employees
on travelling etc. The travelling
allowance or value of any travelling
concession is also being paid to the
employees in the nature of
conveyance allowance, which is
neither wages for the purpose of
coverage of employees under
Sec.2(9), nor it is treated as wages
for the payment of contribution
under Section 2(22) of the ESI Act.

10. Medical Allowance
The employees working in
factories/establishments are being
provided medical services in kind by the
employer but in certain
factories/establishments instead of
providing medical services in kind, the
amount spent by the employees on medical
care is reimbursed while in some other
organisations, employees are being paid
monthly cash allowance in lieu of medical
aid/reimbursement of medical expenses.
Where such payments are made by the
employer in lieu of the medical benefit, the
same are to be treated as wages under
Sec.2(22) of the ESI Act and the contribution
is chargeable.

11. Bonus Fix
It is an extra incentive given by the
company to the employee.

12. Provident Fund
A fund into which the employer and
the employee both pay money
regularly, so that when the
employee retires or leaves the
company, he or she receives a sum
of money.

13. Professional Tax
A professional tax, also known as an
occupation tax or a professional
privilege tax, is a tax that a
professional must pay to the
Government to receive the right to
practice a professional service. It is
paid in private organizations. The tax is
deducted by the Employer every month
and remitted to the Municipal
Corporation and it is mandatory like
income tax. One gets income tax
exemption for this contribution.

14. Tax Deducted at Source
TDS is a form of collecting income
tax from the assesses in India. TDS is
amount of tax getting deducted
from the person (Employee/
Deductee) by the person paying
(Employer / Deductor)

15. • A method of tax collection on income asses
sments in India.
• The tax collection can be affected if the
income increases.
• The taxpayer pays tax on income from the
preceding year.
• Tax collection is therefore delayed until
the year has been completed.
• In order to prevent from hiding income,
the government collects some amount of
tax owed from the amount that
is receivable by the tax payer.

16. Net Pay
=
Total Earnings
Total Deductions