Nasscom to liaise with Obama admin on outsourcing

A high-level team from software association Nasscom will be in the US next month to liaise with the new Obama administration, top politicians, thinks- tanks and corporates and convince them of the benefits of outsourcing besides other things.

Nasscom Chairman Ganesh Natarajan, who will lead the team that will also have President Som Mittal, said the five-day visit would focus on three things — totalisation agreement, immigration issues and benefits of outsourcing.

Nasscom is lobbying for totalisation pact with the US, which already has this agreement with several countries to avoid double taxation of income with respect to social security taxes.

Indians with H1B or L1 visas contribute significantly to the US social security schemes every year, but do not the get benefits since India and the US does not have a totalisation agreement.

The visit by the association, though Natarajan terms as routine and quarterly, observers said would have a number of tasks at hand, which includes liaising with the new Obama administration.