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Off Topic : 1) When Does a software engineer start financial planning for retirement since the our Career span is only 15-20 years on average.
2) How much and which schemes to invest to mitigate the risk?
3) How much do we need for retirement? Tata Consultancy Infosys Mindtree IBM Wipro Capgemini Cognizant HCL Technologies
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Try to get higher offer in metro city
At your experience 12.9 from TCS is still a low offer.
I would suggest to try and get counter offers, you can do atleast 17L .
Usually I won't suggest staying back with the current organization, but let me warn you, 12.9 from TCS will be mix of performance variable (monthly/quarterly) , gratuity as well as insurance.
If you look at it closely it's not at all good and you would be better off taking the 30% hike at CTS.
Choose wisely.