Applicability of Certificate of Coverage (Coc) in france to claim exemption from Social security
This query is : Resolved
29 May 2024
Hi
I am working in a MNC (Software company) as Financial Analyst, can anyone suggest applicability of COC for the PE(Permanent Establishments) associates working in France Country. Since from 3 years onwards the company paying social security for the associates working in france country, at the same time in India also we are paying PF Contribution, which creates double impact of Social security.
I checked in "Ministry of External Affairs, India" there is validity period of Social security agreement between India and France. But the consultancy in france, showing an exception for applicability of COC they are charging Social security in Payslips.
Can anyone suggest whether Consultancy in france doing correct, Is double effect of Social security payment correct?
I am working in a MNC (Software company) as Financial Analyst, can anyone suggest applicability of COC for the PE(Permanent Establishments) associates working in France Country. Since from 3 years onwards the company paying social security for the associates working in france country, at the same time in India also we are paying PF Contribution, which creates double impact of Social security.
I checked in "Ministry of External Affairs, India" there is validity period of Social security agreement between India and France. But the consultancy in france, showing an exception for applicability of COC they are charging Social security in Payslips.
Can anyone suggest whether Consultancy in france doing correct, Is double effect of Social security payment correct?
29 May 2024
It's not double effect of social security.
The PF deduction in India is for after retirement financial security whereas the social security deduction in France is for the medical treatment like health benefits.
The PF deduction in India is for after retirement financial security whereas the social security deduction in France is for the medical treatment like health benefits.
29 May 2024
Thank you so much Sir... 😊🤝
29 May 2024
You are welcome...
.
.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Exiting partner in partnership firm in gst portal
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Gst on travel by air for business purposes
- ITR-3 File/Error Found
- Average Cost Of High Quality Diamonds
- IT returns for fresh job holders
- ITR-Capital Gain
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- Rent claimed on building given on permissive possession basis
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
