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TOTALISATION AGREEMENT
Totalisation pact: India shares social security data with USThis assumes significance as India has already refused a Double Contribution Treaty with the UK in case of intra-corporate transfers. “At p...- India, US to expand economic relation, break down trade barriersThe leaders of the two countries resolved to pursue US- India Totalisation Agreement and enhance engagement on intellectual property rights.
- Arun Jaitley discusses key bilateral issues with top US officialsWhen asked about progress made on the totalisation agreement, Jaitley said bilateral issues can only be resolved by flagging them and by fl...
- Totalisation agreement: US, India resume talks on social security coverIndian professionals contribute more than $1 bn each year to US social security through federal taxes but eligibility require residence of ...
- India-US CEO Forum to meet on January 26"Issues such as totalisation agreement and problems related to issuance of visa may figure in the meeting," sources said.
- Rajeev Kher discusses totalisation pact with US Trade Representative Wendy CutlerUS social security policy discriminated against Indian workers in the US who ended up losing their contributions due to discrepancies.
- Commerce Minister Anand Sharma to seek pact with US for curbing tax outgo of Indian professionalsSharma will also press US to continue with GSP benefits to India amid rising chorus in the US that India should no longer get these benefit...
- Budget 2013: NRIs in US keen on totalisation agreementThere are 300,000 Indians working in the US and they lose their social security contributions if they do not complete 10 years of employmen...
- No relief for Indians from social security taxes in UKBritain had said that it was not possible to sign such an agreement with India due to fiscal pressures post global financial crisis .
- Budget 2012: Speed up Indo-US Totalisation agreementAccording to Nasscom Indians on H1 and L1 visas pay almost USD 1 billion in social security taxes in the US annually, without getting the b...
- Indians in US may get to bring back social security contributionOnce a totalisation agreement is in place, Indians working for less than 10 years in the US will be allowed either exemption or a refund.
- Nine pacts in hand, India presses US to begin totalisation talksIndia has stepped up pressure on the US to start negotiations on a totalisation agreement that would exempt Indians working for a short per...
- India for totalisation agreement with US: SharmaThe agreement would benefit Indians working in US and paying social security but unable to get any benefit.
- Indo-US totalisation pact soonCommerce and industry minister Anand Sharma is expected to take forward the discussions between New Delhi and Washington on the totalisatio...
- Totalisation calls for local tax changeTotalisation agreements prevents guest workers having pay dual taxes.
- Tax law could be amended for totalisation agreementsThe government will make necessary changes in tax laws to align them with provisions in social security pacts.
- Belgian offsites set to be hassle-free, but not totallyEmployees of Infy, Wipro and a host of IT cos that have a base in Belgium will no longer need to contribute to the social security scheme. ...
- Social security agreements help remove dead-cost phenonenonIndia is proposing to enter into a series of social security agreements with foreign countries to have a level playing field for the Indian...
- Submit foreign hands list to EPFO, industry toldDomestic companies have been asked to divulge details of their foreign employees to the Employees Provident Fund Organisation (EPFO).
- In flat world, totalisation deals will be boon for desi workersDeveloped nations such as the US and members of the European Union have social security schemes that provide a foundation of income for ret...
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