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Hi, I am being offered 27L + 2L Variable for Manager (M1) at KPMG India. Will I also be eligible for year end performance bonus? Or is variable pay the only amount that I’d be eligible for?
Am I being lowballed by the HR in terms of offer ? Approx 8yoe currently at 21LPA (recently promoted) KPMG KPMG India
Wht would be the In-hand salary out of this

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Truth! I worked from home in my most recent job for three years, never missed a deadline.
I would say you've dodged a bullet. Inisisting on full on-site working demonstrates a highly blinkered & non-innovative attitude which will touch all other aspects of the job. Essentially - unless it's a physical job, such as fireman, insisting on 5 days in is nothing more than an attempt to control. They are likely to be micro-managers which as we all know destroys morale and productivity faster than anything.
Get what you want and nothing less.