Javascript must be enabled to use this site. Please enable Javascript in your browser and try again. GOAL: $75,000 by the End of March to Help Transform the Lives of ...

In the Union Budget 2025, the Finance Minister announced significant changes to the new income tax regime Under the new tax system, people will not have to pay income tax on annual earnings up to Rs ...

If you’re shopping for or researching an electric vehicle in 2025, you’ve probably heard that significant changes in the federal tax credit of up to $7,500 for EVs and plug-in hybrids took ...

As such, it must be included in taxable income when filing your T2 corporation income tax return for the year in which the rebate was received. The Government of Canada has proposed that the rebate be ...

Less: Exemptions on Salary income (other than HRA) which are not allowed under New Regime (e.g. Leave travel allowance, Education allowance, Hostel allowance etc.) Less: Exemptions on Salary ...