Big mobility concessions for Indians to ease working in UK, reduce costs
NEW DELHI, July 25 -- India secured significant business mobility concessions for its professionals in the free trade agreement formalised with the United Kingdom on Thursday, overcoming years of British reluctance on immigration-sensitive issues.
Under the final agreement, an "innovative" Double Contribution Convention exempts Indian workers and their employers from UK social security contributions for three years - a significant cost-saving measure for Indian IT and financial services companies sending employees to Britain on work visas. The mobility provisions cover professionals in IT and IT-enabled services, financial and legal services, professional and educational services, and digital trade, with "simplified visa procedures and libe...
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