Guide · Software · 15%
Is a 15% hike good for a software role in India?
Short answer: 15% is the middle of a typical software band. Solid. Still check in-hand, because tax can shrink the bank credit.
The arithmetic
₹12,00,000 to ₹13,80,000 is 15%. Monthly CTC increase is ₹15,000. Real hike at 5.5% inflation is about 9%.
That is a real raise on CTC. It is still not the number that hits your account on the 1st. Run the new CTC on the in-hand tab before you reply to the letter.
What to ask
Thank them, confirm in-hand and the next review date, and name the scope this hike is tied to. One note. No ultimatum.
Illustrative. Not career or tax advice.