Positive impactEconomy
Double Contributions Convention: How EPF, NIC and social security rules change for Indians posted to UK
Mint 1 hr ago·23 Oct 2026, 7:49 am
The Indian and UK governments have updated their Double Contributions Convention to extend the social security exemption for eligible employees. This means that if an Indian worker is posted to the UK for up to five years, they are no longer required to pay social security contributions in either country. Previously, the limit was shorter, often requiring contributions in both places after a certain period. This change ensures that employees on long-term international assignments do not face double taxation or double contributions on their earnings.
For investors, this policy shift is a positive development for Indian professionals working abroad. It reduces the financial burden on employees, allowing them to retain more of their income, which can boost their savings and spending power. This change may also encourage more skilled professionals to accept long-term international roles, potentially benefiting sectors that rely on a global workforce. Investors should monitor how this policy impacts the repatriation of earnings and the overall economic outlook for Indian expatriates.
Excerpt from Mint
Double Contributions Convention extends the social security contribution exemption for eligible Indian and UK employees on temporary overseas assignments to up to 5 years (60 months). Here’s how the new rules benefit employees. If you are an employee sent by your company to work in another country for a few years, you…Read the original at Mint
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