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income tax

The 2024 tax season kicks off Monday. Here’s what you need to know

by Anas Siddiqui
The 2024 tax season kicks off Monday. Here’s what you need to know

Canadians can begin filing their income tax returns online as of Monday, with several changes in store for the 2024 tax filing season. Those filing by paper should have received …

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ED Investigates Gaming Companies’ GST Evasion Worth Rs. 23,000 Crore

by Maya Ortiz
ED Investigates Gaming Companies’ GST Evasion Worth Rs. 23,000 Crore

Tax officers are investigating GST evasion of about Rs 23,000 crore by gaming companies between April 2019 and November 2022, Minister of State for Finance Pankaj Chaudhary said on Monday. …

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Canada’s highest-paid CEOs make 246x the average worker, says new report

by Anas Siddiqui
Canada’s highest-paid CEOs make 246x the average worker, says new report

It was another record-breaking year for Canada’s richest CEOs.  In one work day, and less than a half hour into the new year — 27 minutes to be exact — Canada’s 100 highest-paid CEOs will …

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Seniors spend thousands on dental work, suffer in pain or wind up in ERs. Will Canada’s plan help?

by Akin Smith
Seniors spend thousands on dental work, suffer in pain or wind up in ERs. Will Canada’s plan help?

Debilitating toothaches. Tens of thousands of dollars in out-of-pocket dental bills. Trips to the emergency room — and even stays in intensive care to treat life-threatening infections. Those are among …

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Non-deposit of LTCG cannot lead to denial, rules Income Tax Appellate Tribunal

by Ron Morgan
Non-deposit of LTCG cannot lead to denial, rules Income Tax Appellate Tribunal

(This story originally appeared in on Dec 13, 2023) The Income-Tax Appellate Tribunal (ITAT), Delhi bench, has quashed a revisionary order passed by the Principal Commissioner of Income-Tax. The tax …

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Sask. farmer with disability says lack of easy-access dental coverage forcing him to go to Mexico

by Akin Smith
Sask. farmer with disability says lack of easy-access dental coverage forcing him to go to Mexico

It wasn’t long after Murray Bedel lost his arms in a farming accident in 1975 that he knew his teeth would become a major part of his life. From dressing, …

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This just in: The rich are getting richer

by Anas Siddiqui
This just in: The rich are getting richer

The richest people in Canada got a lot richer in 2021, even as the poorest half of all tax filers saw their incomes decline by $1,400. That’s one of the main …

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income tax: Maruti Suzuki hit with Rs 2,159 crore Income Tax Draft Assessment Order

by Horatio Thompson
income tax: Maruti Suzuki hit with Rs 2,159 crore Income Tax Draft Assessment Order

India automobile major Maruti Suzuki on Tuesday received a draft assessment order from the Income Tax department for FY 2019-20 amounting to Rs 2,159 crore. In an exchange filing, the …

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I-Tax’s intel chief visits Bhopal for awareness campaign on E-Verification Scheme

by Judith Hall
I-Tax’s intel chief visits Bhopal for awareness campaign on E-Verification Scheme

Bhopal: Sunita Bainsla, Principal Director General of Income Tax (intelligence & criminal investigation), New Delhi, visited Bhopal on Friday to conduct an awareness campaign on the e-verification scheme 2021.During her …

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Do You Need To Convert Your Bank Account?

by Judith Hall
Do You Need To Convert Your Bank Account?

Home Business Do Students Need to Open Bank Account For Overseas Studies? Check Guidelines Residents who leave India with the intention of residing abroad for an extended period of time …

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