Managing the Global Mobility Function 2012: Now Available
Tag Archive
India – Social Security Agreement Signed with Finland
Recently, India signed a social security agreement (‘SSA’) with the Republic of Finland. SSAs like this one with Finland generally help foster cross-border business activity engaged in by multinational employers and their globally mobile employees by preventing double social security contributions and the loss of social security benefits. Key Benefits of Agreement The SSA... »
India: Clarifications Issued for “Tourist Visa on Arrival” Scheme
India’s Ministry of Home Affairs (‘MHA’) has issued detailed guidelines on various aspects of the “Tourist Visa on Arrival” (‘TVOA’) scheme,1 which we highlight below. Background The TVOA scheme was introduced by India’s government in 2010. (For prior coverage, see the following issues of Flash International Executive Alert: 2010-107 (27 May 2010 and 2010-095... »
India and Visas When Foreign Nationals Change Employers
India’s Ministry of Home Affairs (”MHA‟) has amended the Frequently Asked Questions (”FAQ‟)1 on work-related visas and has inserted detailed guidelines on the change of employer by a foreign national in India. Key Clarifications • MHA may approve a change of employer only if the foreign national holds a senior/skilled position. • Applications would... »
India and Visas When Employees Change Employers
India’s Ministry of Home Affairs (“MHA”) has issued detailed guidelines concerning foreign nationals on Indian employment visas (“EV”) who change employers or whose employers undergo a name change. These clarified rules may prevent unnecessary trips back to the home country for some workers in India. Background Foreign nationals who wish to obtain an Indian... »
India’s New Project Visa for Power, Steel Sector Workers
India’s Ministry of Home Affairs (MHA) has introduced a new visa regime to be called “Project Visa” (hereinafter “P Visa”).1 The P Visa regime has been introduced initially for those foreign nationals employed in the power and steel sectors. In addition, the MHA has issued further clarification with respect to calculating the threshold salary limit... »
India Social security update recent developments
This alert summarizes some of the recent developments in relation to social security and employee benefit legislation in India: 1.Introduction of an online facility by the Employee State Insurance Corporation (ESIC). 2.Recommendation of 9.5% as the rate of interest for provident fund members in India for the financial year 2010-11. 3.Increase in the amount... »
India and New Clarifications on Visa Rules
India’s Ministry of Home Affairs (“MHA”), in August 2010, had clarified that the number of employment visas that may be granted to foreign nationals employed in sectors other than the information technology (“IT”) software sector and the IT-enabled services sector (“IT sector”) would be subject to the limits prescribed by the Ministry of Labour... »
India’s Direct Taxes Code Bill, 2010 and Changes for Taxation of Individuals
The Direct Taxes Code Bill, 2009 (“DTC 2009”) was released by the government of India (“GOI”) for public comments, along with a discussion paper, on 12 August 2009. Since then, a number of inputs on the proposals had been received from numerous organizations and individuals. »
India and Czech Republic Sign Social Security Agreement
India has recently signed a social security agreement (‘SSA’) with the Czech Republic. The SSA provides for the following benefits, on a reciprocal basis, to Indian nationals working in the Czech Republic. Indian nationals working in the Czech Republic, on a short-term contract up to five years, will be exempt from making social security... »
India Issues Clarifications on Visas
India’s Ministry of Home Affairs (“MHA”) has issued further clarifications on work-related visas for India in the form of revised Frequently Asked Questions (FAQs). The MHA had earlier issued clarifications on work-related visas in the form of FAQs in October 2009. These clarifications deal largely with the “quota” of visas (employment, business)... »