Government seals trade pact with UK: Tariffs cut, savings for Indians on work visas

NEW DELHI: India and the UK announced a trade deal after three years of negotiations, eliminating tariffs on 99% of Indian exports and reducing duties on 90% tariff lines. The agreement includes a provision exempting Indian workers on temporary visas from social security contributions for three years, potentially benefiting over 60,000 IT professionals. PM Modi highlighted that this deal will enhance economic activity, create job opportunities, and strengthen trade relations between the two nations, marking a significant step in India’s global trade strategy.

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