Average Salary Increase In India 2024. Companies in india are expected to give a salary raise of 9.8% in 2024, slightly lower than the actual salary increase of 10% in 2023, as companies across. In the union budget of 2024, the union minister.

The average base pay in india can range from a minimum of inr 8,000 p.m. Average salary hike in 2024 by india inc would be 9.5%, according to hr solutions firm aon’s latest survey on salaries in india.