EY Human Capital Forum
Share, Learn and Connect
| Human Capital Forum |
EY and AMCHAM, Bangalore
| Date: 09 May 2013 |
Venue: Vivanta by Taj, M.G.Road, Bangalore
|9.15 to 9.30 AM||Registration|
|9.30 to 10.15 AM||Introduction, Recent updates and Trends in Global Mobility|| Introduction, agenda & event expectations |
Recent changes & trends in Global Mobility
Results of Global Mobility Effectiveness
Survey and the Global Share Plan Survey 2012
| Amarpal S. Chadha |
Partner, Human Capital Services
|10.15 to 11.00 AM||Deputation structures - Tax challenges||Interactive session on tax challenges associated with various deputation structures (inbound and outbound) - Corporate tax, Personal tax and Indirect tax challenges|| Madhu Menon |
Chief Financial Officer
Tesco-Hindustan Services Centre
Partner, Corporate Tax
Partner, Indirect Tax
|11.00 to 11.15 AM||Tea Break|
|11.15 to 12.00 PM||Benefits for cross border assignees and cost competitiveness||Interactive session on Industry practice and the documentation requirements/ taxability|| Renga Sundararajan |
Regional Business Resource Manager, Caterpillar Asia Pacific Pvt. Ltd.
AP & India IA Tax Lead - HR
IBM India Private Limited
Vice President - Finance
ITC Infotech India Limited
|12.00 to 1.00 PM||Open house - Provident Fund for International Workers & Global Immigration|| Challenges on Immigration and Provident Fund - Industry perspective |
Open house for queries by participants
| K Narayana |
Regional Provident Fund Commissioner, Bangalore
Vasudeva M Nayak
AVP & Group Head - Mobility & Assurance
Director APAC - Global Mobility Services
Honeywell International (I) Private Limited
Director, Human Capital Services
Tax Partner & Human Capital Services Leader , EY
|1.00 PM onwards||Networking Lunch|
Introduction, agenda and event expectations.
Global Mobility effectiveness Survey 2012
Global Mobility is increasingly becoming a key feature in driving business success. As the economy remains uncertain, many companies are directing new investments and talent to growth or emerging markets.
Our fifth Global Mobility Effectiveness Survey offers a unique insight into the movement of expatriates and business travelers and the role of the global mobility function in high-performing organisations.
More than 520 companies have participated in the survey. Their insights provide a snapshot of –
- How far Global Mobility teams are supporting business strategy
- To what extent they are partnering with talent development and management
- How mobility is executing policies and processes as risk and compliance challenges escalate
Global Share Plan Survey 2012
The second Global Share Plan Survey was launched with the aim of consolidating data about how organisations operate their share plans across the globe.
Due to changes in pay practices, compensation program design and regulatory intervention, companies now face increased focus on deferred and equity compensation. The need for an effective global share plan to align the interest of employees and shareholders, aid retention and encourage share ownership is higher than ever. Successfully implementing a global share plan can often be a challenging journey for many organizations.
This year’s Survey provides valuable information about current market practice and trends on global share plans as well as the challenges organisations continue to face.
With the advent of globalization, cross border movement of employees has become a common feature for organizations. The deputation structure plays an important role in planning the cross border movement of employees. Considering the stringent tax, social security and Immigration laws, it is necessary to have an efficient and tax compliant deputation structure.
Analyzing the Permanent Establishment (PE) exposure is as crucial as understanding the applicability of service tax on the deputation arrangement. Also, Personal tax compliances have to be evaluated both from employer and employee perspective.
The sessions covers various deputation structures from an Inbound and Outbound assignee perspective and the associated tax challenges ie, Corporate tax, Indirect tax and the Personal tax.
Given the significant rise in International assignments and the increasing focus on being cost conscious, it is important to understand the cost drivers related to international mobility.
During this interactive session, experts from the industry share their knowledge and experience regarding the various benefits provided to cross border assignees and the challenges associated with the documentation/ taxability perspective.
Allowances are usually paid to assignees to compensate them for their increased cost of living and in some cases to bring parity. There is no explicit guidance under the Indian tax laws on the threshold for such allowances and other assignment related benefits.
The experts from Industry will share their experiences and the best practices on the above issues.
The provisions of coverage of International Workers (IWs) under the Provident Fund regime have been introduced in 2008. Since then, the Government had issued circulars, notifications and FAQs clarifying various provisions. For example, the definition of IW with regard to outbound assignees, withdrawal procedure, Social Security Agreements, components to be considered for the purpose of Provident fund calculation etc. The purpose of this session is to discuss the recent developments with regard to IW provisions and to obtain views of Industry experts and the Provident Fund authorities.
Immigration is one of the key challenges being faced by almost all Mobility programs and gains criticality given the attention by the Governmental authorities. During this session, Industry experts will share their thoughts on the critical focus areas in immigration and suggested best practices.