About 90-95 per cent of Indian professionals employed by Indian companies operating in the UK would be benefitted from the social security agreement between the two countries, a move that will reduce costs for firms and enhance the competitiveness of Indian service providers in the British market, an official said.
The two countries on June 17 announced that the Agreement on Social Security or the Double Contribution Convention (DCC) and Comprehensive Economic and Trade Agreement (CETA) will come into effect on July 15.