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Social Security Contribution waived off for Indians working on short term basis

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Author

 

Posted on 08/10/2008 3:21 pm

Social Security Contribution waived off for Indians working on short term basis

http://in.news.yah...cial-security-pa.html

PaddySriram

Member since 25/06/2008

 

Posted on 08/10/2008 4:16 pm

Re: Social Security Contribution waived off for Indians working on short term basis

Thanks for the good news.

Does anyone know when does this come into force?

Does it have to approved by the German govt./parliament in Berlin?

stutt23

Member since 19/01/2008

 

Posted on 09/10/2008 7:55 am

Re: Social Security Contribution waived off for Indians working on short term basis

I got a response from Delhi Embassy

.......

"the German Federal Parliament and the Council of the Federal States have
to approve the Ino-German Agreement on Social Insurance, after that it
will be effective. I am hopeful that this will happen towards the end of
this year."

stutt23

Member since 19/01/2008

 

Posted on 09/10/2008 9:39 am

Re: Social Security Contribution waived off for Indians working on short term basis

Is Rentenversicherrung called as Social Security Contribution ?

Please clarify which Salary deduction is referred as Social Security Contribution.

truster

Member since 26/06/2008

 

Posted on 09/10/2008 11:23 am

Re: Social Security Contribution waived off for Indians working on short term basis

This benefit is only for Indian employees coming to Germany on intra-company transfer.

This way CTC for companies is reduced, but benefit for employees is still the same.

German companies have successfully lobbied in Berlin.

stutt23

Member since 19/01/2008