Gift received by a Canadian resident from Indian resident is taxable in India in the hands of the recipient unless received from relatives. In India, one of the most common modes of transfer of property and money is by way of a gift. A gift can be a transfer of movable or immovable property or Read more about Indian Gift Tax Rules: Documents that you should have[…]

First payroll remittance for year 2021 will be due on Feb 15th 2021 if you are monthly remitter or on April 15th 2021 if you are quarterly remitter. The CPP rate for year 2021 has gone up to 5.45% from 4.25% in 2020, see the table below. CPP contribution rates, maximums and exemptions Year Maximum Read more about 2021 Payroll Planning[…]