New UK-India social security deal to boost savings for Indian professionals

Commerce Minister Piyush Goyal announced that Indian experts employed in the UK for a maximum of five years can now retain approximately 25% of their earnings thanks to the Double Contributions Convention Agreement. Starting July 15, these workers are exempt from making UK social security payments. Goyal explained that these funds will now be directed into their respective Provident Fund accounts back in India.

by shortkt.com
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New UK-India social security deal to boost savings for Indian professionals | ShortKT