Please click on the links below to view the Income Tax Slabs and Rates for the Assessment Year 2014-15 (applicable on income earned during 01.04.2013 to 31.03.2014) for various categories of Indian Income Tax payers.
Old age security. Old age security (OAS) is a federally funded monthly pension, which is paid to eligible seniors who have reached the age of 65, are Canadian citizens or permanent residents, and have lived in Canada for at least 10 years after the age of 18.
A pension is a weekly benefit paid to you when you reach a certain age to help cover your basic needs in retirement. The amount of pension you receive will depend on the amount of social security contributions you have paid during your working life.ou donât have to retire to get your pension. You can still work and receive pension payments. If you do work after you reach pension age, you wonât have to pay contributions but youâll need to swap your blue Social Security card for a red one.