Exciting news for 2025 is here, as the Child Tax Credit (CTC) is changing dramatically, requiring families to act sooner than thought. This move promises to provide much-needed relief, but it means you will have to claim the credit sooner than you planned. The Child Tax Credit (CTC) is a government program meant to offer … Read more
OAS in Canada provides a monthly income to assist with living expenses, is a vital component of financial assistance for seniors. The government gives the nation’s low-income seniors a monthly payout under OAS. As most of them depend on a fixed income, the seniors in Canada are the group most affected by rising inflation. In … Read more
Various trade unions and the Bharatiya Mazdoor Sangh asked the government of India to immediately form 8th Pay Commission. When they met with Finance Minister Nirmala Sitharaman prior to the budget, they expressed their concerns. In order to address the issues around pay increases and other benefits, central government workers are anxiously awaiting the government’s … Read more
The time of student loan forgiveness under President Joe Biden is now over. Over $600 million in debt cancellations were announced Thursday for 4,550 borrowers on income-based repayment programs and 4,100 borrowers who the agency discovered had been cheated by DeVry University. This most recent declaration is the last measure taken by the Biden administration … Read more
Payments for the first GST credit benefit of 2025 will be made on Friday, January 3. A tax-free quarterly payment known as GST credit is available to individuals and families with “low and modest incomes” to help them balance the GST they pay. The states’ and territories’ program contributions can also be incorporated. You will … Read more
One million taxpayers will have a good news in new year thanks to a check from the Internal Revenue Service. In last week of January 2025, some taxpayers may get stimulus checks totaling around $2.4 billion. According to IRS-reviewed internal data, a large number of taxpayers who filed returns in 2021 did not claim the … Read more
Nearly every family with children is eligible for the Child Tax Credit (CTC). However, the Tax Policy Center projects that one in four children under the age of 17, will receive less than the full credit amount in 2025 due to their parents’ insufficient income. Families with incomes of at least $2,500 the minimum required … Read more
Visa and Mastercard are leading network payment processors globally. Both publicly traded companies faced a big blow when an American judge ordered them to pay a hefty $197 million to cardholders. A total of $197 million has been agreed to be paid by Visa and Mastercard to resolve the allegations. In particular, Visa will pay … Read more
Employers in the prosperous state of Florida, where the economy is booming and the sun shines brightly, must be aware of the news of minimum wage laws. Crucially, noncompliance with pay regulations can result in expensive fines, harm your company’s reputation, and cloud its operations. So you must check this page to get updates on … Read more
In America, you have time till June to Apply for a Student Loan with FAFSA and you must remember each school can have a different FAFSA 2025–2026 Deadline. The next generation of students is now able to apply for federal aid, which will help them manage their finances while attending college by providing much-needed tuition … Read more