Just elaborating. The 'basic pay' part of the salary paid by tech companies in India is usually very less. (And it isn't due to sinister motives but rather to maximize the non-taxable chunk in salary).
This 'basic pay' will usually be 1/5 or 1/7 of monthly net/gross pay. So, for an average worker (say 3+ yrs) in IBM India, the monthly gross would be around INR60K => severance would be around INR20K, which is really a paltry sum.
This 'basic pay' will usually be 1/5 or 1/7 of monthly net/gross pay. So, for an average worker (say 3+ yrs) in IBM India, the monthly gross would be around INR60K => severance would be around INR20K, which is really a paltry sum.