https://www.taxtmi.com/news?id=43072 The Free Trade Agreement implements broad tariff liberalisation by eliminating duties on most tariff lines and reducing tariffs on select imports, coupled with quota based and phased tariff reductions for specific products; it pairs market access concessions with measures to address non tariff barriers and enhance competitiveness in labour and technology intensive sectors. The deal also liberalises services and professional mobility for specified categories and includes a Double Contribution Convention to avoid double social security contributions for Indian professionals temporarily in the UK. Negotiations on a bilateral investment treaty remain ongoing and the FTA awaits legal finalisation and domestic approval prior to implementation. en-us Tue, 06 May 2025 21:31:02 +0530 Tue, 06 May 2025 21:31:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=43072 The Free Trade Agreement implements broad tariff liberalisation by eliminating duties on most tariff lines and reducing tariffs on select imports, coupled with quota based and phased tariff reductions for specific products; it pairs market access concessions with measures to address non tariff barriers and enhance competitiveness in labour and technology intensive sectors. The deal also liberalises services and professional mobility for specified categories and includes a Double Contribution Convention to avoid double social security contributions for Indian professionals temporarily in the UK. Negotiations on a bilateral investment treaty remain ongoing and the FTA awaits legal finalisation and domestic approval prior to implementation. News - Tue, 06 May 2025 21:31:02 +0530 https://www.taxtmi.com/news?id=43072