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Double delight for IT, electronics: More access, lower cost
Financial Express Kochi
|July 25, 2025
IN A SIGNIFICANT stride for the IT and electronics sectors, the India-UK free trade pact provides a three-year exemption from social security payments for Indian professionals temporarily posted in the UK.
The move will benefit around 75,000 Indian workers and over 900 employers, primarily from the IT sector, which counts the UK as its second-largest export market. This exemption is a major cost-saving measure for IT majors like Tata Consultancy Services and Infosys, and it eliminates a longstanding burden of dual contributions, allowing for more agile deployment of talent to onsite UK projects.
Bu hikaye Financial Express Kochi dergisinin July 25, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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