Twinkle Sharma 
The last date for filing Income Tax Returns (ITR) for the Financial Year 2024-25 (Assessment Year 2025-26) is 15 September 2025 for non-audit taxpayers. It includes salaried individuals, pensioners, and NRIs who are not required to get their accounts audited. This deadline was further extended from 31 July 2025 to 15 September, so that taxpayers … Read more
In 2025, the South African government announced an increase in the Child Support Grant as part of its social grants adjustments. The grant has been raised by R30 per month, which amounts to about a 5.7% increase over the previous rate. This makes the new Child Support Grant R560 per month for eligible children. Other … Read more
Old Age Security remains a major income support program for Canadian seniors, and adjustments are made every three months, depending on the rate of inflation. For October through December 2025, OAS payments are to be updated once again, with the Government of Canada confirming an increase of 0.7% over that of the previous quarter. The … Read more
In the month of September 2025, the Canada Revenue Agency will officially confirm that several income supports and pension payments are being directly deposited into the bank accounts of the recipients. These payments include those pertaining to Old Age Security (OAS), the Guaranteed Income Supplement (GIS), Canada Pension Plan (CPP), and several other federal benefits. … Read more
Planning for retirement is one of the most important aspects of financial security. With 2025 around the corner, the debate for Canada’s retirement age has gained momentum as speculations stir that the Canada Revenue Agency (CRA) and federal authorities may reconsider the current retirement regime. Traditionally, Canadians became eligible for public pensions such as the … Read more
In response to increasing costs of living, Canada has implemented new minimum wage hikes both federally and at the provincial level. The federal minimum wage increased by 2.4%, raising it to CAD $17.75 per hour for workers in federally regulated sectors from April 1, 2025. Various provinces and territories will also initiate some wage increases … Read more
It is being given by the UK government to act as a one-off increase in pensions of up to £5,600, administered by the Department for Work and Pensions (DWP). This is supposed to assist older pensioners with the rising cost of living, inflation, higher energy bills, and everyday expenses. The boost is not a part … Read more
The Canada Revenue Agency (CRA) is an organization called to give a rebate or credit under the GST/HST system, mainly for low-income individuals and families. The idea is to try to lessen the burden of GST/HST by rebating on a partial basis of the amount paid. This rebate is on a quarterly basis, so every … Read more
If we will look forward, the changes concerning the NPCI-governed UPI will be implemented on the 15th of September 2025, with higher payment limits being allowed for specific merchant categories. These changes are being put in place so that they can be useful in creating an enabling environment for undertaking high-value digital payments in places … Read more
For this occasion, the Employees’ Provident Fund Organisation (EPFO) is now organizing a major Central Board-of-Trustees (CBT) meeting on 10-11 October 2025. Finalized reforms will surely be of direct benefit to the members. These reforms address banking facilities, upward pension amounts, and a changed timeline for the rollout of EPFO 3.0, which is a service … Read more