India trade deal could undercut UK workers, opposition parties say
Summary
The new UK-India trade deal includes a rule allowing some workers on short-term visas to skip paying national insurance contributions in both countries for up to three years. Some UK political parties believe this could make Indian workers cheaper to hire than British workers. The deal mainly applies to specific professionals moving between companies in the UK and India.Key Facts
- The UK-India trade deal allows short-term visa workers to avoid double social security payments.
- This exemption is extended from one year to three years for Indian employees in the UK.
- Opposition parties claim this could make Indian workers cheaper and hurt British workers.
- The UK already has similar agreements with over 50 countries to avoid double taxation.
- The Business Secretary says the rule applies only to specific professional transfers.
- India views the exemption as a significant advantage for its service providers in the UK.
- The exemption also applies to British workers in India for major companies.
- Critics argue the deal lacks a full impact assessment and could be disadvantageous.
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