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India-UK social security pact to slash costs for firms; up to 95% of Indian professionals to gain

Thousands of Indian professionals in Britain will soon stop paying dual social security contributions, a major win from the new India-UK pact. This agreement, effective July 15, exempts temporarily deputed employees from host country contributions for up to five years, significantly easing costs for Indian IT firms and boosting bilateral trade.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/uJabrHy

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