In finance, profit and loss always play a part in an individual’s life. Every time you won’t achieve the profits. Sometimes you may incur losses too. Section 70 and 71 of the Income Tax Act, 1961 deals with setting off of losses.
Income tax rules in India give a benefit for the taxpayers who suffer losses. The law has specific provisions to set off and carry forward of losses. Let’s discuss what is carrying forward and setting off of losses in the context of Indian IT rules.
Setting off of lo...
Issuance of a deportation order to an individual from Canada for any reason can come from any of the three Canadian organisations, the Canada Border Service Agency (CBSA), Immigration, Refugees and Citizenship Canada (IRCC), and the Immigration and Refugee Board (IRB).
The Immigration and Refugee Board (IRB) forms an administrative tribunal deciding the immigration and refugee issues independently.
Deportation from Canada comes under the umbrella term of “Removals from Canada”. Usually, remov...
You need to undergo a medical test during the process of immigration to Canada. There are ailments with which you are not eligible for Canadian Immigration Visa.
The Canadian Government is cautious for health-related issues in the country, and it doesn’t allow foreign citizens with certain adverse health conditions and ailments to immigrate to Canada.
Medical inadmissibility is a condition that affects visitors applying to work, study, visit and live permanently in Canadian provinces. It can ...
Nova Scotia, one of the three Maritime Provinces of Canada, is a beautiful place in North America. It is the second smallest province among all the Canadian province, covering an area of 55,284 square kilometres.
Since few years, Nova scotia is becoming one of the favourite destinations for immigrants to live, study or work.
The record-breaking approval of immigration applications in 2019 suggests the Provincial Government’s aim of filling the consistent gaps of the workforce in critical area...
A Schengen Visa forms part of the common visa policy of European countries to maintain a border-free area within their territorial region. One needs a Schengen Visa to enter any of the Schengen states in the European region. The Schengen Visas are hugely popular. In 2016 alone, the 26 Schengen states allotted a total of 13.9 million visas.
From February 2020, the EU is planning to bring some changes in the rules governing the issuance of the Schengen Visa.
Let’s know these changes that are li...
Scotland, as a part of the United Kingdom, is a place enriched with the beauty of nature and strong economic background that attracts many foreign citizens.
If you are planning to move to Scotland to live, study, work or invest, then it is essential to grab all the necessary information regarding visa and immigration process.
Visas For EU and EEA Citizens
If you belong to the European Union (EU) countries or European Economic Area (EEA) countries, then you don’t need any visa to live, work or...
Every year thousands of people move from their home country to another for several reasons. Some shift for study, some immigrate for working purpose, and some for tourism or travel.
While planning to immigrate and for whatever the reasons, everyone compares and make a selection of the best country for immigration.
So, let’s compare these most preferred nations for immigration.
# 1 Canada
As a North American country, Canada is the 2nd largest country in the world after Russia. It is a stable a...
Australia, as a popular and great place, attracts foreign immigrants seeking opportunities to showcase their talent. Australia is one of the top nations having value job providers and competitive salary payers. Numerous jobs are in high demand that command high salaries in Australia.
Here are some of the most demanding and rewarding jobs available in Australia.
# 1 IT Security Architect
The worldwide increase in digitization has increased the need for data security. The security architecture,...
Many of the foreign immigrants opt for a truck driver option to work and earn in Canada. The truck driver job enables them to roam across the Canadian provinces and earn a competitive salary.
Before selecting this option, you must be aware of all the necessary details about it.
How Can You Apply as a Truck Driver?
The Canadian trucking industry has a shortage of truck drivers. Therefore, newcomers with a clean driving record are welcomed in Canadian provinces. Also, Canada needs more immigran...
International students sometimes face problems during their Canadian study visa application process for immigrating to Canada. Especially, those graduate students who wish to take higher education after a years-long break in studies face difficulties while applying for a Canadian study visa.
A Break in Studies Leads to a Study Gap
Nowadays, study gap is becoming a common trend as the international students usually explore different opportunities in their secondary, senior secondary and someti...
Curricular Practical Training (CPT) is one of the two authorization options of off-campus employment for international students in the U.S. under the F-1 category. The other option is Optical Practical Training (OPT).
CPT refers to a program that allows international students to gain some practical experience on their course using employment, internship, and co-operative education.
However, you are required to have an F-1 visa for Curricular Practical Training, and you must complete Curricula...
Many a time, immigrants have to face rejection when they apply for the various Canadian visas. Unfortunately, they lose their time and money in the process.
Well, the Canadian government gives the chance to re-apply for the visa process.
Reasons For Visa Rejection
Though not everyone gets the golden opportunity to visit Canada, therefore, it becomes essential for visitors to get their visa approval at first attempt.
If you go through the reasons behind the disapproval of your visa, then you w...
Primarily aimed at temporary transfer of employees by a foreign company to work in the U.S., L1 visa provides a facility to a foreign worker possessing managerial or executive capability (For L1 A category) and specialized knowledge (For L1 B category) to stay and work in the U.S.
Therefore, the L1 visa is temporary in nature and for the non-immigrant category.
What is L1B Visa?
L1 B visa comes under the category of the employment-based non-immigrant work visa for the U.S.
The umbrella catego...
Canada, with its friendly visa application process for visitors, is known for attracting international citizens for various purposes. It is one of the top priority nations for international students to study courses. Out of the total applications received, most applications are for study purposes.
Why Do You Need A Study Visa?
As the name suggests, the study visa is a document that allows immigrants to enter Canada for studying. It is issued by IRCC ( Immigration, Refugees and Citizenship Can...