double contribution convention

India and the UK have finalized the Free Trade Agreement (FTA) and double contribution convention on Tuesday, hailed by Commerce Minister Piyush Goyal as a progressive step towards growth and innovation. Prime Minister Modi and UK Prime Minister Keir Starmer acknowledged the agreement's potential to enhance trade, investment, and employment.

India and the United Kingdom have finalized a Free Trade Agreement (FTA) and a double contribution convention, marking a significant advancement in their strategic alliance. Prime Minister Modi announced the agreement after discussions with UK Prime Minister Keir Starmer, highlighting its potential to boost trade, investment, and job creation.

India and the UK have finalized a significant free trade agreement. The agreement ensures duty-free access to UK markets for 99% of Indian exports. India will reduce import duties on 90% of tariff lines, benefiting consumers with lower prices on various goods.

The trade deal between India and the UK introduces a more relaxed visa system, benefiting Indian tech professionals and offering 1,800 annual visas for specific professions. Easier mobility rules and commitments for digitally delivered services are crucial aspects, alongside savings in social security contributions. India gains access for its professionals while opening procurement for British companies at the central level.

After three years of negotiations, India and the UK have finalized a trade agreement that eliminates tariffs on 99% of Indian exports and reduces duties on 90% of tariff lines. The deal includes exemptions from social security contributions for Indian workers on temporary visas, potentially saving them around 20% of their salary. PM Modi highlighted the agreement's potential to boost trade, investment, and job creation in both economies.

Negotiations for the India-UK free trade agreement, along with a bilateral investment treaty and a social security agreement, are facing delays due to unresolved issues. Sticking points include the UK's carbon tax, India's data localization demands, and the inclusion of a sunset clause in the investment treaty. Despite progress, further meetings are needed to bridge the remaining gaps.

India and the UK have finalized a Free Trade Agreement, poised to boost economic growth and trade relations. The agreement eliminates tariffs on approximately 99% of traded goods, benefiting sectors like manufacturing, textiles, and automotive. It also includes provisions for professional visas and reduced duties on products like Scotch whisky and cars, fostering job creation and deeper collaboration.

Just like the traditional pick-up, the EV version also features a four-wheel-drive system. It now uses newly engineered e-axles at both ends, which is claimed to deliver the smooth, responsive acceleration expected from electric vehicles while keeping noise and vibrations to a minimum. It also features a Rough Terrain Mode.

Income Tax Changes FY 2025-26: Starting April 1, 2025, several new income tax regulations are coming into effect for FY 2025-26, bringing changes to tax slabs, exemptions, TDS/TCS rules, and NPS contributions. The modifications aim at simplifying tax processes, enhancing benefits for taxpayers, and offering more clarity on exemptions and deductions.

Internships have evolved from mere résumé additions to essential career pathways, driven by AI, data analytics, and digital transformation. A recent 103% surge in postings underscores their growing importance in bridging academia and industry. With lucrative stipends and in-demand skills like communication, SEO, and Python, internships now offer career acceleration, industry exposure, and networking opportunities.

India and the UK have resumed discussions on a free trade agreement, including social security and investment. India is open to reducing tariffs to foster competitive business relations. Both sides aim for a balanced and mutually beneficial deal, prioritizing quality over speed, with a focus on business visas for students.

India and the UK have resumed negotiations on a free trade agreement expected to significantly boost bilateral trade. Officials discussed increasing market access for goods and services, with both countries anticipating substantial economic benefits. The FTA aims to double or triple bilateral trade, which stood at USD 20 billion, within the next decade.

India has contributed $72,124, more than double of last year, to UNESCO fund for elimination of doping in sport. the Government of India, Ministry of Youth Affairs and Sports has released an enhanced contribution of India to UNESCO Fund for Elimination of Doping in Sport to twice the assessed value i.e. $72,124 in 2022," a PIB release said.

GCCs in India are set to outpace IT services in hiring for the second consecutive year, driving innovation for their parent firms. Top Indian IT companies saw a modest headcount increase in 2024 compared to the previous year. With automation and productivity gains, IT firms face slow growth, while GCCs continue to expand, creating significant job opportunities and boosting the IT sector.

Ironical as it seems, Alcoholics Anonymous is all set to hold its national convention in 'dry' Gujarat's capital city - Gandhinagar.

Chronic absenteeism in the US has escalated into an educational crisis, nearly doubling in just five years. This persistent issue affects all demographics, widening achievement gaps and hindering student success. Rooted in factors like mental health struggles, bullying, economic barriers, and disengagement, tackling absenteeism requires holistic solutions—revamped learning models, enhanced mental health support, and targeted community-driven initiatives.

The minister said an energy security unit has been established under the MEA to enhance the country's energy security by promoting cooperation with other countries.

A fast-track fund of $30 billion from the developed world to the poorest countries was one key trade-off against emerging economies like India accepting international scrutiny of their climate actions at Copenhagen.

The BRICS nations on Thursday rejected "double standards" in countering terrorism and vowed to work towards confronting the menace including cross-border movement of terrorists and terror financing networks. A declaration unveiled at the end of the three-day Brics (Brazil, Russia, India, China, South Africa) summit said the leaders of the grouping called for an expeditious finalization and adoption of the Comprehensive Convention on International Terrorism within the UN framework.