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flag TCS, India's leading IT firm, announces 4-8% salary hikes tied to office return mandates.

flag Tata Consultancy Services (TCS), India's largest IT firm, plans to increase salaries by 4-8% in March, with payouts starting in April. flag This follows a trend of slowing growth in the IT industry, shifting from double-digit increases during the pandemic to single-digit raises. flag TCS has also linked these hikes and variable payments to employees' compliance with its recent return-to-office mandate.

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