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1. Only LL.M.
2. LL.M. + NET
3. LL.M. + M.Phil
4. LL.M. + NET + M.Phil
5. LL.M. + M.Phil + Ph.D
6. LL.M. + Ph.D
7. LL.M. + Ph.D + Postdoc
In short, no one has any idea what works. The minimum is an LL.M. After which a NET, m.phil, PhD or none is desirable. Some have zero publications, some have ten. Some have zero work experience, some have more. Some have connections, some don't. Some are alumni, some are not. Some are experts, some are not.
Unfortunately the entire process in this country is messed up when it comes to education.
Now when you look abroad. A PhD is mandatory to be an assistant professor. The most you can be without one is a lecturer/reader. Still they would expect you to be a PhD pursuing soon.
The only advice I can give is get your LLM. Apply immediate for a PhD. And apply everywhere. Your pursuing PhD is more important than your NET or your publications. Work experience depends totally in the university. Some value it, some feel since theory and practice is different it doesn't matter. The proper format would be LLM-Phd-Publications.
Now everything else is based on how you get in, your salary is determined by your position and you leverage through that process. A PhD scholar can demand the 7th pay commission equivalent salary. A LLM with NET may not. My two batchmates one with a LLM and another with an LLM and JRF got selected together in the same university. One got 25k per month to teach, the other got 40k per month. That's the difference.
The leverage is based on your connections, you profile and your luck.