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Will India-UK Pact Aid Cross-Border, Mobile Workers?

Mint Mumbai

|

May 12, 2025

Both India, UK must offer more clarity on DCC rules to ensure workers fully know the rights

- Sonu Iyer & Puneet Gupta

On 6 May, India and the UK signed a landmark free trade agreement to boost economic ties. They also agreed to negotiate a reciprocal social security pact—the Double Contributions Convention—to ease cross-border mobility for businesses and employees moving between the two countries.

Double Contributions Convention: The DCC aims to ease employee movement between India and the UK by addressing social security contribution issues. Currently, Indian nationals in the UK must subscribe to the National Insurance Contributions (NIC) after a 52-week exemption. However, those who stay for less than 10 years do not receive any benefits. The DCC proposes allowing employees on assignments of up to three years to contribute to their home country's system to help maintain continuous coverage, and avoid fragmented records.

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Investors expect AI use to soar. That’s not happening

On November 20th American statisticians released the results of a survey. Buried in the data is a trend with implications for trillions of dollars of spending.

time to read

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360 One, Steadview, others to invest in Wakefit ahead of IPO

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I-T dept to nudge taxpayers to declare foreign wealth

The department was able to collect 30,000 crore disclosed in the previous Nudge drive

time to read

2 mins

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Catamaran to boost manufacturing bets

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2 mins

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Mint Mumbai

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India, UAE review trade agreement to ease market access

Officials of India and the United Arab Emirates (UAE) met on Thursday to review how the Comprehensive Economic Partnership Agreement (CEPA) is working, and remove frictions that may be impeding trade between the two nations.

time to read

1 mins

November 28, 2025

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Beyond the stock slump-Kaynes' $1 bn aim is just the start

Shares of Kaynes Technology India Ltd have fallen about 25% from their peak of 7,705 in October, amid a management reshuffle and the expiry of the lock-in period for pre-IPO shareholders.

time to read

1 mins

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How Omnicom’s IPG buy will change Indian advertising

Two of the advertising world’s Big Four holding companies—Interpublic Group and Omnicom—officially merged this week.

time to read

2 mins

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Why TCS is walking a tightrope

Tata Consultancy Services Ltd recently outlined an ambitious multi-year $6-7 billion investment plan to build artificial intelligence (AI)-focused data centres and is already making progress in that area.

time to read

2 mins

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It's a multi-horse Street race now as Smids muscle in

For years, India’s stock market ran on the shoulders of a few giants. Not anymore.

time to read

3 mins

November 28, 2025

Mint Mumbai

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Telecom firms flag hurdles in data privacy compliance

Operators need to comply with the data protection norms within 12-18 months

time to read

1 mins

November 28, 2025

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