Background
The Government of India [GOI] has recently updated the FAQs for international workers [IWs] on 20th December, 2011. The original FAQs providing guidance on the applicability of PF regulations were issued in January 2009. Since then the GOI has updated the FAQs with the view to address ambiguities related to these provisions and provide a status on the Social Security Agreements (SSAs) with India.
This alert is in continuation to our earlier alerts on the FAQs and SSAs dated 12th May, 2011 and 17th October, 2011.
Highlights of the updated FAQ and snap shot of benefits
Subsequent to our earlier alert, the SSAs with Netherlands and Republic of Korea have come into force. The latest FAQ provides details of the SSAs that are currently in force together with their effective dates.
Status on India’s SSAs
The FAQ provides the status of India’s SSAs. Besides the eight SSAs that are in force as indicated above, the GOI has signed agreements with the Czech Republic, Hungary and Norway, though these are not yet made effective. Further, negotiations are at various stages for concluding SSAs with Canada, Sweden, Finland, Austria, Portugal, Japan, Australia and USA. The GOI is also holding talks with other countries where sizable number of Indian workers are employed.
Source: Updates to FAQs posted onto the website – http://www.epfindia.com/ on 20th December 2011
The Government of India [GOI] has recently updated the FAQs for international workers [IWs] on 20th December, 2011. The original FAQs providing guidance on the applicability of PF regulations were issued in January 2009. Since then the GOI has updated the FAQs with the view to address ambiguities related to these provisions and provide a status on the Social Security Agreements (SSAs) with India.
This alert is in continuation to our earlier alerts on the FAQs and SSAs dated 12th May, 2011 and 17th October, 2011.
Highlights of the updated FAQ and snap shot of benefits
Subsequent to our earlier alert, the SSAs with Netherlands and Republic of Korea have come into force. The latest FAQ provides details of the SSAs that are currently in force together with their effective dates.
Status on India’s SSAs
The FAQ provides the status of India’s SSAs. Besides the eight SSAs that are in force as indicated above, the GOI has signed agreements with the Czech Republic, Hungary and Norway, though these are not yet made effective. Further, negotiations are at various stages for concluding SSAs with Canada, Sweden, Finland, Austria, Portugal, Japan, Australia and USA. The GOI is also holding talks with other countries where sizable number of Indian workers are employed.
Source: Updates to FAQs posted onto the website – http://www.epfindia.com/ on 20th December 2011
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