Change your tax residence Canadian residents must report their ‘world income’ in Canadian funds. When they become non-residents, they must file a final tax return from the date of emigration to declare income for the period of stay in Canada and, in some cases, pay a departure tax. Tax Form Filing Requirements To begin with, […]
Brokers broadly pointed to strong payout momentum and improvement in margins, while citing higher credit costs as one of the key factors to monitor. | Photo credit: iStockphoto Shares of Cholamandalam Investment and Finance Company rose 9 percent in early trade after the lender reported a steady set of numbers for the December quarter and […]
Nilesh Kambli, Chief Financial Officer, Star Health and Allied Insurance | Photo credit: Sai Krithi R _12401 The Union Budget for 2026-2027 has given utmost importance to the healthcare sector by increasing budgetary allocations, proposing key initiatives and programs and exempting basic customs duties on cancer medicines. How would non-life insurers benefit from these measures? […]
As your financial needs change from early career to mid-life and from early retirement to retirement itself, the way you approach your investments must also change. Laying a foundation and driving growth Even though you’re likely decades away from retirement, starting investing in your 20s or early 30s is one of the best money moves […]
I sympathize with every victim of this type of scam. It could be our parents, our grandparents, or maybe one day it could even be me. But I always wonder: how much control do we want to give the banks over our money? And how much responsibility should we take – or let someone we […]
Quick answer: New research from Washington University and Johns Hopkins shows that medical debt increases the risk of housing instability by 44%, and that 63 million Americans are now caregivers – spending an average of $7,242 per year out of pocket. The financial toll of caregiving is one of the fastest growing causes of personal […]
Quick answer: A wave of class action lawsuits alleges that large employers illegally charged tobacco-using employees hundreds of dollars a year in health insurance surcharges without offering the federally required alternative, such as a smoking cessation program. If you have paid a tobacco surcharge in the past six years, you may be eligible for a […]
Quick answer: Kaiser Permanente agreed to a $10.5 million settlement after accusations, it continued to send marketing texts to people who had unsubscribed. If you received text messages from Kaiser after texting “STOP” between January 2021 and August 2025, you could receive up to $75 per message. The claim period is February 12, 2026. These […]
Quick answer: Matthew Shane Perkins from Washington County, Utah, pleaded guilty to wire fraud in an $89 million investment scheme that defrauded more than 200 victims. Claiming to be a successful day trader, he lost tens of millions and spent investor money on a house, a cabin and a plane. He will be sentenced on […]
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