Latest news with #DoubleContributionConventionAgreement
The Print
02-07-2025
- Business
- The Print
In trade pact talks with US, Delhi pushing for clause on social security contributions for Indians
Despite currently paying double contributions, such professionals do not obtain any benefits from these contributions once they return to India. Inclusion of a social security agreement in the trade deal with the US as also in the deals with other countries will ensure that professionals, who go from India to those countries for short-term work assignments of up to three years, as well as their employers, don't have to pay double social security contributions in their home country and in the country they have gone to work. New Delhi: India is pushing to include a social security agreement (SSA) in the bilateral trade pact with the United States currently under negotiation, as well as in the trade deals with nearly a dozen other countries, including in Europe, which are in various stages of negotiation, sources in the Union Ministry of Labour Wednesday said. On Tuesday, Union Labour and Employment Minister Mansukh Mandaviya met Union Commerce and Industry Minister Piyush Goyal to discuss the issue, according to the sources. 'We are requesting the commerce minister to ensure that Indian professionals working overseas for a short period are exempted from paying social security contributions there,' Mandaviya told reporters when asked about the issue. Labour ministry sources also said the US had sought detailed data on India's social security schemes, which India submitted to them. Sources added that the latest International Labour Organisation (ILO) data showed that India's social security coverage had increased from 19 percent in 2015 to 64 percent in 2025. 'Acknowledgement from an international organisation like the ILO is proof that our social security coverage has improved. It will help us negotiate with countries to include SSA in trade deals,' one of the sources said. Currently, India has social security agreements with 22 countries, including Germany, France, the Netherlands, Belgium, and Switzerland, among others. In May, India and the United Kingdom signed a free trade agreement deal. Alongside the trade pact, India and UK also concluded negotiations on a social security agreement. Called the Double Contribution Convention Agreement (DCCA), it exempts short-term professionals from India who go to the UK for work for three years, as well as their employers, from paying double contributions. The pact allows such professionals to pay social security contributions in India, including in government-backed schemes such as the Employees' Provident Fund. According to a 2021 data, earlier, Indian professionals including those who were on short-term visas to the UK had to mandatorily contribute 500 British pounds per employee per year to the National Insurance. 'We are trying to get it included in the bilateral agreement under negotiation with the US. We don't know, though, if the US will accept it. Not just the US, we are pushing for its inclusion in all the free trade pacts,' the labour ministry source said. A second source added: 'Our professionals, especially from the IT sector, go overseas to work in large numbers. However, despite contributing a hefty amount, they currently do not get the benefits if they return after a short period of three years. We want to ensure that this does not happen. That is why we are pushing to include social security agreements in all FTA negotiations.' (Edited by Madhurita Goswami) Also Read: Trump White House hopeful about signing defence pact with India, finalising pending arms deals
Time of India
19-06-2025
- Business
- Time of India
India-UK social security pact was non-negotiable in free trade deal: Piyush Goyal
The India-UK social security agreement was made a non-negotiable part of the free trade agreement (FTA) discussions two years ago, commerce and industry minister Piyush Goyal said on Wednesday. Termed the Double Contribution Convention Agreement (DCCA) , it was agreed to along with the FTA between the two countries in May. "It was on the table for the last three years to bring balance and equity and balance to the trade deal between the two economies," Goyal said at an event in London. The minister is on a two-day visit to London from Wednesday. The agreement exempts Indian professionals and their employers from paying social security contributions in the UK for short-term assignments of up to three years. The pact will allow temporary Indian workers in UK to pay their social security contributions in India for the first year and for two years nothing will be collected from them. At the same event, UK secretary of state for business and trade Jonathan Reynolds said it is a business mobility provision which the UK has with every country for persons coming temporarily for business or MNCs posting staff in UK. "With 50 other countries we have extended the provision. It is reciprocal so UK nationals employed by those companies in India pay into our system (for one year)." Goyal said since temporary professionals stay less than the 10 year threshold to qualify for receiving benefits against their social security contributions in the UK, this money otherwise won't be paid back to them.
Time of India
18-06-2025
- Business
- Time of India
India-UK social security pact was non-negotiable in free trade deal: Piyush Goyal
New Delhi: The India-UK social security agreement was made a non-negotiable part of the free trade agreement (FTA) discussions two years ago, commerce and industry minister Piyush Goyal said on Wednesday. Termed the Double Contribution Convention Agreement (DCCA), it was agreed to along with the FTA between the two countries in May. "It was on the table for the last three years to bring balance and equity and balance to the trade deal between the two economies," Goyal said at an event in London. The minister is on a two-day visit to London from Wednesday. The agreement exempts Indian professionals and their employers from paying social security contributions in the UK for short-term assignments of up to three years. The pact will allow temporary Indian workers in UK to pay their social security contributions in India for the first year and for two years nothing will be collected from them. At the same event, UK secretary of state for business and trade Jonathan Reynolds said it is a business mobility provision which the UK has with every country for persons coming temporarily for business or MNCs posting staff in UK. "With 50 other countries we have extended the provision. It is reciprocal so UK nationals employed by those companies in India pay into our system (for one year)." Live Events Goyal said since temporary professionals stay less than the 10 year threshold to qualify for receiving benefits against their social security contributions in the UK, this money otherwise won't be paid back to them.
NDTV
12-05-2025
- Business
- NDTV
UK News
Share Twitter Twitter WhatsApp WhatsApp Facebook Facebook Reddit Reddit Email May 10, 2025 04:21 am IST Agence France-Presse The leaders of France, Britain, Germany and Poland will make an unprecedented joint visit to Ukraine on Saturday for talks with President Volodymyr Zelensky, vowing to ratchet up pressure on Russia until it agrees a ceasefire. Share Twitter WhatsApp Facebook Reddit Email May 09, 2025 12:59 pm IST Agence France-Presse UK Prime Minister Keir Starmer announced new sanctions targeting Russia's so-called shadow fleet ahead of a military summit in Norway on Friday. Share Twitter WhatsApp Facebook Reddit Email May 09, 2025 01:43 am IST Reuters The United States and Britain announced a deal to lower tariffs on some goods on Thursday, with U.S. levies on cars and steel being cut and both sides gaining better access to agriculture markets. Share Twitter WhatsApp Facebook Reddit Email May 08, 2025 15:43 pm IST Mihir Sharma, Bloomberg President Donald Trump may say "tariffs" are his favorite word, but the rest of the world doesn't have to agree. With or without America, trade deals continue to be signed. Share Twitter WhatsApp Facebook Reddit Email May 08, 2025 06:38 am IST Asian News International UK Member of Parliament Priti Patel condemned the April 22 Pahalgam terror attack and called on the British government to strengthen counter-terror cooperation with India. Share Twitter WhatsApp Facebook Reddit Email May 06, 2025 23:46 pm IST Press Trust of India India has secured a three-year exemption from social security contributions for domestic workers who are temporarily in the UK and their employers under the Double Contribution Convention Agreement (DCCA). Share Twitter WhatsApp Facebook Reddit Email May 06, 2025 22:43 pm IST Written by: Abhishek Chakraborty Studying or working in the UK will soon become difficult for nationals of certain countries. The update comes from the UK Home Office, which says it has been identifying countries from which visitors are most likely to overstay and claim asylum. Share Twitter WhatsApp Facebook Reddit Email May 05, 2025 14:35 pm IST Edited by: NDTV News Desk Meghan Markle posted a black-and-white photograph of Prince Harry and their children at their Montecito residence, a day after her husband's request to restore his security in the United Kingdom was turned down. Share Twitter WhatsApp Facebook Reddit Email May 04, 2025 23:53 pm IST Agence France-Presse British police have said 14 children aged between 11 and 14 were arrested in a northeastern English town after a teenage boy died in a fire at an industrial park. Share Twitter WhatsApp Facebook Reddit Email May 04, 2025 10:45 am IST Reuters Britain's counter-terrorism police arrested five men, including four Iranian nationals, on suspicion of terrorism offences over a plot to target a specific premises, the Metropolitan Police said in a statement on Sunday. Share Twitter WhatsApp Facebook Reddit Email May 01, 2025 22:56 pm IST Reuters London department store Harrods said on Thursday hackers had attempted to break into its systems, the third high-profile cyber attack on a UK retailer in two weeks, following incidents at Marks & Spencer and the Co-op Group. Share Twitter WhatsApp Facebook Reddit Email May 01, 2025 16:19 pm IST Agence France-Presse A British woman, Ethel Caterham, became the world's oldest person aged 115 on Thursday after the death of a Brazilian nun who had held the record, according to research groups. Share Twitter WhatsApp Facebook Reddit Email May 01, 2025 11:04 am IST Agence France-Presse Eighty years on, the spritely 100-year-old - who now teaches yoga and saw in her big birthday with a celebratory flight in a Spitfire fighter plane. Share Twitter WhatsApp Facebook Reddit Email
NDTV
12-05-2025
- Politics
- NDTV
Diaspora
Share Twitter Twitter WhatsApp WhatsApp Facebook Facebook Reddit Reddit Email May 06, 2025 23:46 pm IST Press Trust of India India has secured a three-year exemption from social security contributions for domestic workers who are temporarily in the UK and their employers under the Double Contribution Convention Agreement (DCCA). Share Twitter WhatsApp Facebook Reddit Email May 05, 2025 18:56 pm IST Edited by: Sanstuti Nath A 21-year-old Indian-origin, who was just weeks away from graduating from the University of California, Berkeley, was paralysed from the waist down after falling from a balcony at a fraternity house party in April. Share Twitter WhatsApp Facebook Reddit Email May 05, 2025 16:04 pm IST Press Trust of India A 21-year-old Indian student has been arrested in the US after trying to scam a 78-year-old woman from North Carolina by posing as a law enforcement officer. Share Twitter WhatsApp Facebook Reddit Email May 02, 2025 22:07 pm IST Press Trust of India The Delhi High Court on Friday directed the Indian Consulate in Indonesia to ensure three Indian nationals on death row in the foreign country were given adequate legal aid to pursue remedies. Share Twitter WhatsApp Facebook Reddit Email May 01, 2025 18:28 pm IST Edited by: Anushree Jonko In Brampton, a city known for its strong Punjabi presence, the election results were particularly noteworthy. Five constituencies in Brampton featured candidates with Punjabi names, with both the Liberal and Conservative parties claiming wins. Share Twitter WhatsApp Facebook Reddit Email May 01, 2025 14:28 pm IST Edited by: Sanstuti Nath (with inputs from AP) Amid a wider crackdown on immigration, the Trump Administration in the United States is expanding the ways to strip international students, including Indians, of their legal status to stay in stay and study in the country. Share Twitter WhatsApp Facebook Reddit Email Apr 30, 2025 11:03 am IST Press Trust of India Two Indian citizens on student visas in the US have been arrested for scamming an elderly individual and charged with theft, according to authorities. Share Twitter WhatsApp Facebook Reddit Email Apr 30, 2025 00:09 am IST Edited by: Anushree Jonko According to USCPB data, between October 2024 and February 2025, 77 unaccompanied Indian minors were apprehended at the US borders. This trend is part of a larger pattern, with 1,656 unaccompanied Indian minors apprehended between 2022 and 2025. Share Twitter WhatsApp Facebook Reddit Email Apr 29, 2025 19:11 pm IST NDTV Newsdesk An Indian tech entrepreneur allegedly shot dead his wife and one of his sons at their home in the United States last week, said the police. The man, said cops, then died by suicide. Share Twitter WhatsApp Facebook Reddit Email Apr 28, 2025 12:50 pm IST Press Trust of India Two Indian nationals were charged in Singapore's district court on Monday after they allegedly used pieces of clothing to tie up a woman's limbs in a hotel room and robbed her. Share Twitter WhatsApp Facebook Reddit Email Apr 24, 2025 21:30 pm IST Edited by: Anushree Jonko Immigration officials are issuing Requests for Evidence (RFEs) in H-1B visa cases, seeking personal data, including home addresses and biometrics. This move has sparked questions about the federal agency's intentions. Share Twitter WhatsApp Facebook Reddit Email Apr 22, 2025 15:34 pm IST Edited by: Sanstuti Nath Thousands of migrants living in Canada, including Indians, are losing their work permits due to long delays in the paperwork renewal process, as growing backlogs and changing rules hinder efforts to maintain legal status. Share Twitter WhatsApp Facebook Reddit Email Apr 22, 2025 07:51 am IST Press Trust of India A 20-year-old Indian national will be charged in Singapore on Tuesday for allegedly outraging the modesty of a cabin crew member aboard an aircraft bound for the city-state. Share Twitter WhatsApp Facebook Reddit Email Apr 19, 2025 08:36 am IST Press Trust of India A 21-year-old Indian student was killed in Canada after a stray bullet struck her. She was waiting at a bus stop on her way to work when the shots were fired by a car occupant. Share Twitter WhatsApp Facebook Reddit Email Apr 18, 2025 23:59 pm IST Press Trust of India A member of the Scottish Parliament has tabled a motion in the House commending the work of a Gandhian society that has drafted a report that highlights the "rising levels of prejudice, discrimination and marginalisation" of Hindus in Scotland. Share Twitter WhatsApp Facebook Reddit Email
