I have 7.4 years experience in java,package 11.70 lacs fixed +1.50 lacs ,how much salary can I expect salary as per market standards

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20-25 atleast

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Its depends on various factors:
LOCATION: if you are going to join in any tier 2 city like nagpur, indore, Chandigarh , jaipur etc. then (CTC = Experience * 2) can be good package.

If you are opting any tier 1 or metro city location like pune, mumbai bangalore etc . Then experience * 3 is good.

Now the point is Service based companies don’t believe in this ratio. They just offer you on you current package. The formula which i mentioned is for a good living .

As per your experience you can expect 16-18 on any service based company but you can counter on your offers.

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Around 20+. I have around 7 years of experience and getting 26. All experience in service based companies.

Although you might not get it at once in a service based company, but considering counter offers, you should eventually land-up to something around 20-22.

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