Social security in India - Recent updates

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Audio Webcast | Duration: 90 minutes
29 April 2014 at 11:00 a.m. to 12:30 p.m. (IST)

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Provident Fund authorities continue to focus on increased compliance. This is evident from multiple circulars issued in the last few weeks. The circulars primarily relate to:

  1. Greater coordination between Provident Fund and Regional Immigration Offices to obtain details of foreign nationals working in India
  2. Change in the process and form for obtaining certificate of coverage
  3. Clarification on the basis for calculating Provident Fund contribution

The Provident Fund authorities are also proposing to issue notices for damages and interest for delay in deposit of Provident Fund contribution.

Sonu Iyer, Partner and National Leader - Human Capital Global Mobility, EY shall take you through the recent circulars and discuss their impact on the Provident Fund compliance landscape in the context of International Workers.

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Panelists/ Presenters:

EY - Sonu Iyer

Sonu Iyer

Partner and National Leader - Human Capital Global Mobility

Sonu has 19 years of experience in the area of Human Capital-Global Mobility, specializes in Tax and regulatory aspects of Employee Mobility including Social Security Regulation, Immigration Planning, Exchange Control, formulation of Global Mobility policies for Inbound and Outbound assignees, Tax Equalization Policies, Tax Planning and Compliance, Employee Deployment Structures  and related framework of International Tax, Home & Host Country Tax.

She has a extensive experience on International Assignment Policy Advisory, design and review of employment contracts, advisory regarding Indian social security especially related to International workers and implications of obtaining certificate of coverage in India.