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YoE?
YoE - 7 years
I would suggest go for higher package. because 16 for 7yoe is also low based on the current situation.
Try to find in hand salary and see the difference in PwC and Deloitte. Also project and role in both as both have almost same CTC.
Performance pay in tcs split into two categories...monthly pay you can add in fixed...also insurance is one time deduction ( or monthly depends upon ur selection) if they deduct it one time then from next month that amount also comes in monthly salary... I believe that tcs is fine since it offer better Wlb