In march I got an offer from EY 9.6 lpa, I did accept it, my joining date is may end.

Now I'm getting another offer for 10 lpa from another company.

Can I use this second offer to bargain once again with my HR??

What would be the side effects ?

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It's not an offer to at least bring something 20-30 % above.
Your variable can cover that gap itself

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