https://www.taxtmi.com/news?id=50817 The UK India Free Trade Agreement creates staged tariff reductions, quota arrangements, and exemptions to expand bilateral market access, notably for distilled spirits, automotive and aerospace products, and a wide range of Indian manufactured goods. It pairs tariff liberalisation with a temporary social security exemption for inbound professionals. Identified implementation risks include domestic excise regimes, potential carbon border adjustment exposure, and data localisation constraints; the agreement foresees cooperative implementation and subnational partnerships to secure investment and technology transfer. en-us Tue, 29 Jul 2025 12:46:03 +0530 Tue, 29 Jul 2025 12:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=50817 The UK India Free Trade Agreement creates staged tariff reductions, quota arrangements, and exemptions to expand bilateral market access, notably for distilled spirits, automotive and aerospace products, and a wide range of Indian manufactured goods. It pairs tariff liberalisation with a temporary social security exemption for inbound professionals. Identified implementation risks include domestic excise regimes, potential carbon border adjustment exposure, and data localisation constraints; the agreement foresees cooperative implementation and subnational partnerships to secure investment and technology transfer. News - Tue, 29 Jul 2025 12:46:03 +0530 https://www.taxtmi.com/news?id=50817