Growing network of social security agreements to boost mobility of employees
Often, when employees travel to other countries on assignment, they are apprehensive about social security implications. To avoid double social security contribution in the home and host country when employees go on assignment, the countries enter into social security agreements.
India has been developing its network of social security agreements with various countries since 2006. We already have agreements with Belgium, Germany, France, Switzerland, Luxembourg, the Netherlands, Denmark, Hungry, the Czech Republic, South Korea and Norway.
Recently, the Indian authorities have aggressively taken steps to expand its network. Having signed social security agreement with Finland on June 12, 2012, India signed an agreement with Canada on November 6, 2012 ó a respite for the many Indian workers in Canada.
We are all well aware of the large number of people of Indian origin living in Canada. India also signed an agreement with Japan on November 16, 2012. Japan has been the second largest investor in India in 2010 and 2011. Leading Japanese companies have many inbound employees in India especially in the automotive sector. As a Swedish retail major readies itself to enter India, the government signed
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