Category Archives: Management

How to live economically as immigrants in Canada

Last updated on November 14th, 2019 at 03:20 pm

Indians moving into Canada for the sake of study, service are known as a immigrants. This article aims to provide information for such first time inmigrantes how to live economically while staying comfortablly in Canada. Most of Indians feel that the life of immigrants staying in Canada is is full of bed of roses but it is not that show as most of immigrants bears the brunt of financial instability due to improper financial mis management.

this article aims to help such immigrants, as well as those persons from India aims to to go to Canada must read this article so that they will find some of important information in order to update better compliance to deal with such strict financial situation comfortably.

Only those immigrants who reach to Canada in terms of job to job transfer can only have the descent financial status. This article also showcase the life of an immigrant Canadian and how they face in terms of financial and societal issues. And this article aims to provide solution to these financial problems which immigrants always face.

Reaching to Canada through work permits visa is comparatively comfortable in terms of living financially. Everything is also there before they reach, as house rents all the other rents are included in their packages. They also receive extra money for reaching there. Those who work permit VISA does not face any difficulties as everything is all set for them before their arrival.

If you go to Canada as immigrants with any student VISA then you are at the right place find more and more informative contents in which article. The first 2 months after arrival Canada is most important for our environment of all your essential living standards. You cannot still lazy for the first two months as it is the most precious time after you reach there with student visa. The first point is to find the rented houses so that you can study at the appropriate time without any disturbances.

While searching for monthly rent of leased houses one should see the offer for accumulation of all the utilities beginning from hydro the laundry OTG oven dishwasher broadband internet and all those needful utilities that you would be requiring while staying in the house. In Canada they call electricity as hydro. During your first two months of stay at Canada you will need Canadian dollars for all purchase. At the beginning of reaching there you must have very less amount of Canadian dollar and for this it is important to begin the process of GIC of your bank account so that the morning from India can be converted to Canadian dollar when you withdraw money from banks.


The process of GIC so be started the day you reach at Canada because this process a minimum time of 14 days to 1 or 2 months. For sure when you reach Canada you should have very less amount of Canadian dollars and if your process of GIC approval delayed then you could have been such a difficult situation where you will be bereft of Canadian dollar to spend there. So till the time your GIC is approved you should spend less should have very little and limited Canadian dollar when you reach at Canada.

Normally the approval of GIC takes minimum for 14 days can be up more time so keep the limited amount of Canadian dollar with you till your GIC is approved. After the approval of GIC you can withdraw from your bank account in fact Indian Bank account converted into Canadian dollars. In order to do marketing of essential commodities and needful you will need appropriate amount of Canadian dollar that can only be possible through approval of GIC.


Social insurance number (SIN) is very important for citizen of Canada as well as for immigrants. Reaching there do apply for SIN as it is one of most essential document you will need for every phases of life you will be living at Canada. For every transaction you will make and for every purchase you will make, for treatment of diseases at hospital you will not have to pay any penalty for this if you have social insurance number. Without this number you will not get any job at Canada, beat permanent or temporary or part time jobs.

For every treatment you will get free of cost if you have this number at the hospital and you will not have to worry about payment but you will have five star hospital treatment for every diseases your face. this means that applying for social insurance number is of most important in order to have the comfortable living standard and disease free life at Canada.

So, my suggestion is that after reaching at Canada you will be applying for GIC and social insurance number card so that for the first you will have worry free dollar transactions, social insurance number you will have absolutely free five star hospital treatment, you will get jobs beat permanent temporary jobs with ease and you comfortable lease houses with these numbers.

Behavioural aspect:

Now you have GIC and social insurance number so you can now apply for leased houses bank accounts temporary or part time jobs and leased cars. After reaching graduate school colleges do try to mix with all the students don’t be shy over it if you become shy then you will not find relevant but information from them. If you are introvert in India but you’ll have to be open here otherwise you will not be getting relevant information definitely essential for you.

They will not be talking to you at first but after talking to them you will find that there place to help you about everything and that is why it is important to mix with them so that all the information you get will be very much helpful for you in the future. Friends friends with people neighbours landlords classmates. With due course of time you will find most of them are very much helpful and their advice and directions it’s really help you to move forward as you are alone far away from your own native country.

FreshCo Shop:

India is generally go for different shopping sir different intervals for food and clothes. In Canada the low cost shop is FreshCo which offers premium brands at low cost. Most of times the high cost brands from different shopping mall sometimes remains inside different shopping malls and those are send to FreshCo and those high cost brand products are sold up to 50% in the FreshCo shops. In in this way you can find costly products at very low cost in these outlet. This true that you will not find variety of offers in FreshCo but you will definitely you will find good product with lesser prices and in a foreign country this is what you want.

make a list of product what you want to buy and then go to nearby FreshCo shops by all the products which are premium in nature with prices reduced to half of its original price. For example if you buy milk 4 litres outside cost you about 5.5 $ and in FreshCo it will cost you 4 litres of milk about 4.5$ . This means you saved $1 for daily purchase of milk. If you reach Canada during the month of January then you will face snow storms in most places of Canada for this you require winter clothes and winter jacket from good brands. Generally the cost of good brands comes up with high prices and during this time FreshCo shops are real time and money savers.

if you go for winter jackets shopping in FredhCo you will find that premium brands winter jackets will cost you half the price and that suits your pocket most.


you can reach to Winners shopping mall which collects on unsold brand products from different shop in malls and sell it with 50% Rebate price. This two above-mentioned shops provide defect-free premium branded products with 50% rebates and that will suit with your purse and save vital money. For example a premium brand winter jacket general will cost you $300 but in the above mentioned shops you can purchase it for 150 dollar.

if you purchase a 150 dollar original price jacket then it will not good but if you purchase $300 premium branded winter jacket the price of $150 without defect then it’ll be an win win situation for you.

Part time temporary jobs:

Keep trying to get the part time job from the day one. If you have luck you will get the job in the first month. Just keep trying for convenient part time job what do you also remember is that it is not the temporary job that is important what your prime aim is to study hard how to make good marks under renew your student visa and fulfill your aim to reach for higher studies at Canada. Do try to get part time jobs but do not serious about it otherwise your prime motivation of studying very seriously to get a high salary job not be fulfilled.

Work experience in India in various sectors are not recognised in Canada and for this you will have to start all over once again. Prepare yourself for better mentally and physically experience as you get from India in terms of work-exoerience are not considered here. So you go for one month training at Canada on various temporary job related courses and get certified with it. You can go for training of for driving licences and get experiences cover such as smart serve training certificate driving licence certificate hashtag certificate security personnel certificate and it relates to private job authentication surcharge Uber and other vehicles.

So complete all of these licence and certificate authentication within the first month so that at the onset of the second month of your stay you will get private or temporary jobs to compensate year income.

Take precautions during January snow storm:

At the onset of January you will find the event of eastern and temperature all around Canada reduced to -30°. During this time will lead to cold cover such as cold jacket. As told you can buy the premium brand khol jackets in half of its price from the above mentioned shops. From the month of January you will find continuous snow storms countries next to move to the out in the open very difficult. If there is less cold then it will be from – 30 to – 19 degree Celsius which is also very difficult to survive out in the open or even one hour.

If you have no car in Canada then it is advisable not to go out in the open during week nights. Throughout Canada during weekends whether you are permanent or temporary job you will find leave during this time. If you want to go to some place with local buses then I will advise not to go with it. During Monday to Friday the bus frequency of local buses comes within two to three minutes. During weekends in Saturday and Sunday the frequency of local was converted into one hour. If you are at long distance from your home then waiting outside for 1 hour in this freezing cold winter is very difficult. So if you have no car then during weekends stay in your home be healthy and take rest so that you can work more from Monday to Friday healthy and fit than ever before.

In reality it is very difficult to stand even 30 minutes outside during this cold even when there has been snow storm from time to time show do not go with local buses during weekends and stay in your house and be healthy and fit. Always remember that extreme cold and extreme Samar is very bad for human body as it is not prepared to tolerate all of these. So it is always a good idea to skip the extreme cold and extreme summer and stay with the four walls of your home.

Not getting part time job then go for volunteering:

Getting jobs in the first month house stay at Canada is very difficult. Those person who got the jobs are most luckiest people. Do not be this disheartened if you are not still successful. Till the time you got the job go for volunteering. In Canada there are many organisations provide convenience for people who wish to volunteer. They provide recognitions authenticated your performances that will going to help you to get a suitable job either full time or part time with all of these recognitions.

Snow Angel volunteership:

There is one good voluntership company name of snow Angel which provides people to perform voluntership in the form of removing ice during winter season in front of senior citizen’s house. Most of these work are unpaid job after completing the job you will get reference letter are certificate of appreciation letter. These letters are very important for future employers who sees these references and find the better humanity perspective the candidates and provide privilege for appointment to the jobs.

On another side you feel good about it and organisation make friends with others as well as with senior citizens in this way you create the network of connectivity which will for sure work for you in the future when you need their help most.

Take care of your food and health:

Health is wealth. While doing all of these part time jobs for volunteering work as well as your full time study importance to take care of your food and health. Like some part of India where the summer is at its extreme similarly in Canada from January onwards or cold at its worst. It is important to take care of your health adequate rest eat home cooked food and do not eat pizzas and do nuts regularly. Most of canadian people take a pizza do not sell their daily diet but as an immigrant you should not be taking these foods always as these can degrade your health performances.

Important for you to go for workout go for regular workout to the gym so that your body will tolerate extreme cold in the month winter by increasing your level of tolerances and increase your performances. So it’s time to say goodbye to Pizza coffee Berger doughnuts go for Indian style homemade cooked food. There are many shops which sale Indian crockery. So you can find Indian food items and bring them and cook at your home and eat those food so as to have good health condition.

It is important to study hard as this is your prime to reach to the far Canada. there are many people who spend lots of rupees to earn degrees master degrees postgraduate diploma and many more. If you study good and nice then your visa duration is extended ultimately at the end of your study you should get decent job to stay in a comfortable position economically and financially at Canada. It is important to score good in GPA so that your work permit PR should be there just after completion of your education otherwise even after completing your graduation or post graduation if you do not have good GPA score then you will not get good job or not get the work permit VISA to stay at Canada.

Peculiar Problem at Reliance Fresh Puri

It was almost one PM and after buying some important ingredients at Uma Shankar Store nearer to Gundicha Temple of Puri, I reaches to Reliance Freshto buy Mothers Diary curd.

My mummy fond of eating this brand’s curd as the thickness comes up with more taste for curd. During fasting days used to take curd and mostly with small cut fried brinjals and then with some home made masalas.

The eating of curd provides two way relief. It is good to absorb scratching summer heat as it makes body cooler and it should be taken in the day time only. As it is believed that taking curd in the night is bad for stomach.

That is why during just after noon I reached at Reliance Fresh shop at Puri which is just at the middle of VIP road. I parked my two Wheeler there as the front of Reliance is preoccupied with so many vehicles unattached and unattended so a set of chaos out there.

At the entrance there is always a small pond and the route can be crossed with the help of three small bricks and go with utmost care otherwise you could wet your feet. I took Mothers Diary curd which costs 20 rupees and then reach to cash counter. One cash counter is open and it is filled with so many customers with plenty of ingredients. This means this will take an hour or so and in another counter three people are there so I reached there and saw the cashier told that it is offline and transactions cannot be done asthe results of this. Then, the running counter cashier told that her counter goes off line too.

Now almost 10 customers are waiting for over 20 minutes and unable to pay and returns back the Mothers Recipe curd and back to home not able to purchase curd for mummy. Customers would never understand what’s offline or online but customer service is bad and now slowly moving to worse at Reliance Fresh Puri as waiting for almost 25 minutes but still not able to or pay bill at cash counter testifying this that it should be more prompt in dealing with such customer difficulties.

Online Pharmacy vs Offline Pharmacy

In this world of internet and digital revolution we could see everything is slowly going online and as the result of it we can order everything and anything online so that we can receive medicines or order anything from online without moving to different medicines shops from here and there.

With favorable government at the center now people are slowly moving towards using the conditions of purchasing of medicines online and get huge cut and rebate which normally they do not find with the normal offline medicine shops. Generally, offline medicine shops provides very less rebate to medicines as the result of it,

When you buy or purchase medicines from online shops such as netmeds or any other online medicine shops then the rebate you get it begins from 25 percentages to 30 or more percentages. When we go to offline shops some now provide 10 percentages of rebate after seeing their order drop due to presence and use of large scale online order of medicines.

Online medicine pharmacy such as netmeds provides upto 30 percentages of rebate on medicines and most of these reach at your doorsteps and you do not have to move from here and there to search for different medicines as the result of it we find that we find medicines in much lesser costs. One can also find alternative low cost medicines from one is prescribed and as the result of it we do find the cost of medicines going at lower or lower and due to this offline medicines shops also find their selling capacity going lower and lower.

That is why some time back offline pharmacy shops went for strike against online shops and government policies of encouragement of online pharmacies as they provide more rebates due to leser establishment costs. Here, we do find, that, due to business to customer direct interactions, the cost of medicines goes towards lower side.

Most of offline shops, doe not provide huge amount of rebate despite they can afford to as we know in the medicine business there is huge margin but offline shops for many years does not pass on to these customers and as due to modern policies of central government more and more, people are moving towards online shopping.

Corporate Tax Planning

There are two certainties in this world: Death & Tax.Unavoidable circumstances. Reduce it. How to do that? Understand Tax Laws and apply. Why to understand and how to apply? Illustrations [in individuals].  Give money to spouse and spouse should purchase/construct house property they can use which for self-purpose to avoid provisions of Sec.27.

 Transfer of house property to son’s wife or minor grand child(son’s son) without adequate consideration would attract provisions of Sec. 64.Because sec. 27 does not cover these two transfers (only spouse and minor child(not being a married daughter) covers. So, if the property is under self-occupation, then the nail income will be the club.

Transfer it satisfies income yielding assets. Create income-yielding assets from income of assets transferred the to spouse. Using spouse in a sister concern of the entity where the assesses has the substantial interest would help to avoid clubbing.

SCOPE: Not only corporate entities, but all come under the purview of CTP (contrary to the common belief). Knowledge of taxation is an unimportant ingredient in any financial decision making. In tax planning, direct tax laws are the most crucial input. The Income Tax Act is the prime field of study in this context.

The interpretation process and demonstration of application would equip us with the art of getting into other legislations. It would take the holistic approach wherever necessary to comprehend decision situations involving knowledge of multiple pieces of legislation.

Stages in taxing statute:

  1. Chargeability: By express enactment, can not infer
  2. Assessment: Quantifying chargeability
  3. Collection: TDS, Advance tax, Self-assessment tax (under IT Act )

Rules of interpretation:

A. LITERAL RULE: ordinary, natural and grammatical meaning:

If the provision is free from ambiguity, we must ascribe plain meaning to the words used without impeding subtracting anything from the words. If a narrow interpretation emerges, which cannot serve the manifest purpose of the act, then a broad meaning can ascribe. (Ex. Sec. 173 (1) of the Companies Act, 1956: The nature of the concern or interest of the director or manager of a company in the subject-matter of the proposed motion discloses. Here we cannot confine the interest only to monetary interest alone.)

B.GOLDEN RULE: Rule of reasonable construction: If application of literal rule yields absurd result by which object sought to achieve would defeat, words changes to produce sensible meaning. It should not be guesswork.

C.MISCHIEF RULE/ RULE OFBENEFICIAL CONSTRUCTION: suppress the mischief and advance the remedy. The earlier mischief for which the earlier law provided none solution and the true intent of the present legislation with its remedy to the mischief.


When two or more provisions of the cat conflict with each other, they have to understand in such a manner that all have to satisfy. [Ex. Sec. 210 (date of balance sheet shall not precede the date of meeting by over six months) and 166(1)(gap between two AGMs should not be over 15 months)]

E.EJUSDEM GENERIS: of the same kind or species

If there is a plain conflict between two provisions, the special one prevails. General words following specific words have to draw their colour from the specific words [You can keep dogs, cats, cows, buffaloes and other animals (not a lion)]. If the particular words used exhaust the whole genus, then the general words can cover a larger genus.


  1. Long title is a part of the act (short title only identifies the act)
  2.  Preamble: scope, object and purpose of the act, but can not override the plain words of the act.
  3. Heading and title of a chapter: preamble to the sections
  4. Marginal notes: In India, they can refer to.
  5. Definitional sections / cause illustrations are not a part of the section, but definitely a part of the act. But they cannot expand or curtail the ambit of the section.
  6. Proviso: The exception to the section.
  7. Explanations to read in harmony with the main section and clarifies its meaning
  8. Schedules: to read together with the act. If they are in conflict with the act, actprevails.


  1. Earlier acts, historical settings
  2.  Dictionary meaning
  3. Foreign decisions


  1. Act, Ordinance, Rules
  2. Structure of an Act – Chapter, Sections, Sub-sections, Clauses, Sub-clauses, Provisos, Illustration, etc.
  3. Deductions, Allowances, Rebates, Relief, Exemption, etc.
  4. Benevolent circular – Binding force of a circular
  5. Heads of Income & Sources of Income, GTI, Total Income
  6. Reason to believe v. Reason to Suspect
  7. Application of mind
  8. Principle of unjust enrichment

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