NEW REVISION CLASSES PRE'17 History+ Environment+Govt Schemes

Thank you for your tremendous response, to the revision classes for Prelims 2017being conducted in New Delhi. Based on your requests and suggestions, we have come up with new classes as per below schedule
(1)Art & Culture Revision ( REPEAT ) - May 27th & 28th, (2) Modern History ( REPEAT ) - May 30th (3) Govt Schemes + Allied Issues - May 31st (4) Environment & Ecology - Friday, June 2

Seats fill up in a few hours, and we don't plan any more repeat classes, so register early. Click Here to get more details and register early to avoid inconvenience. All revision classes will be held from 5PM to 8PM.

india us totalization agreement

What is this agreement all about?
Why this agreement is still pending ?
Its not clear to me.
My mission in life is not merely to survive, but to thrive; and to do so with some passion, some compassion, some humor, and some style
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Comments

  • @mishka

    India US totalisation agreement or totalisations agreements in general


    First, totalisation agreements deal with social security that is pension and other benefits.
    Under Indian Law a firm employing above lets say 100 workers shall provide for pension. So the firm starts contributing every month to an employee’s social security account.

    Now lets say this firm has a subsidiary in US and it wants to send its indian employee to its US subsidiary.
    Now, the US law demands that the firm pays the social security for the employee in US as well to their some equivalent provident fund (also keep in mind that the firm is already paying for the person back in india)

    Two things have happened, one the social security for the employee is getting paid at two places,,, so its high cost
    Second, the person is not allowed to get the social security money back unless he the contributions have been over 10 years,,,so even the employee does not gain,,,

    so to avoid this situation we want a agreement for social security with US,,so that the above situation is remedied,,it will be better for employer as well as employee,,,
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