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.
Definition: The basic Canadian Old Age Security (OAS) pension is a monthly payment to those 65 years old or older, who meet the residence requirements. You must apply for the Old Age Security pension.Employment history and retirement are not factors for the Old Age Security pension.Canadian Old Age Security pensions are taxable by both the federal and provincial governments.ou must apply for the Old Age Security pension. Employment history and retirement are not factors for the Old Age Security pension. Canadian Old Age Security pensions are taxable by both the federal and provincial governments.