Indian workers to get exemption from social security payments

[CHIMO]

NEW DELHI: Indian professionals working in the US, Australia, Canada and Japan may soon be exempted from paying social security contribution in those countries if they make such payments in India.

The benefit will be available under social security pacts that the Government is negotiating with these countries. The agreement will also ensure orderly migration of workforce to and fro and provide for cooperation in areas of labour market expansion.

Overseas Indian Affairs Minister Vayalar Ravi said his Ministry has already concluded negotiations with Canada for signing a social security agreement and talks are progressing with Japan, Australia and the US for similar pacts.

"We have already concluded negotiations with Canada while talks are at advanced stage with Japan and Australia. We are also trying to firm up such a pact with the US and the negotiations are progressing," Ravi said in an interview.
http://economictimes.indiatimes.com/news/news-by-industry/services/travel/visa-power/Indian-workers-to-get-exemption-from-social-security-payments/articleshow/6154917.cms

[EmilyKent]

1. Makes sense.