UK-India pact to shield working professionals from dual social security taxes: Former India-UK FTA chief negotiator
New Delhi, July 15 -- The implementation of the Double Contribution Convention under the proposed UK-India Comprehensive Economic Trade Agreement (CETA) is set to lower the cost burden on professionals moving between the two nations and encourage greater bilateral mobility.
Speaking to ANI, Harjinder Kang, the UK's Trade Commissioner for South Asia and former Chief Negotiator for the India-UK Free Trade Agreement, stated that the mechanism would ease financial strains on temporary workers.
"It would encourage more two-way traffic because the cost burden would be lower," Kang said. "It directly affects the pockets of individuals moving between countries, as they would no longer have to pay two sets of social security contributions."
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