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Double Taxation: India

Asked by Nick TimothyConservativeTreasuryTabled Answered 17 June 2025UIN 58672

The question

To ask the Chancellor of the Exchequer, if she will publish the full cost assessment undertaken by the previous Government of the double contribution convention aspect of the UK-India free trade agreement.

Answered by James Murray

The OBR will certify the impact of the trade deal including the Double Contributions Convention in the usual way at a fiscal event, once the deal is finalised and ratified. The agreement to negotiate a Double Contributions Convention was made in the context of the wider deal, which will bring billions into the economy.

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