India urges UK government to consider improved tax rules for its professionals

Vastavam web: India has called on the UK government to look into some tax and visa norms that make it difficult for Indian professionals and students to fully contribute to the bilateral relationship.

At the Conservative Friends of India (CFIN) annual dinner in London on Wednesday evening, Indian High Commissioner to the UK Ruchi Ghanashyam urged UK Home Secretary Sajid Javid to look into regulations around compulsory tax contributions required from Indian professionals who come to the UK only for a short period, resulting in a loss of millions of pounds.

Referring to some latest figures from Grant Thornton’s ‘India Meet Britain Tracker 2019’, the Indian envoy pointed to an increase in the number of Indian companies operating in the UK over the previous year to 842 in 2019.

It shows the confidence that Indian business has in the UK and the positive momentum that they keep on adding to the India-UK economic relations. Here, I want to draw attention to the National Insurance (NI) exemption which for Indian nationals is 52 weeks, while for some other countries it can be three to five years, she said.

There are some issues because the number of students coming to the UK from India has been falling. Last year, there was a bit of an increase because the figure reached more than 19,500 but it is still way below the 40,890 in 2010-11, she noted.

Now that I have the chance, I think I would not be a good ambassador of my country if I were not to mention them These are not big issues as such because there are a lot of positive developments happening and it is not my intention to appear to be cribbing about anything. But just to draw attention, she said.