Canada has resumed all-program Express Entry draws
Listen to this Article
Canada’s first all-program Express Entry draw since March 4 has issued 3,900 invitations to apply (ITAs) for permanent residence. Candidates needed a Comprehensive Ranking System (CRS) score of at least 478 to be invited in the July 8 invitation round.
Since the coronavirus was labelled a pandemic and Canada introduced travel restriction to prevent its spread, Express Entry draws have been limited to Provincial Nominee Program (PNP) and Canadian Experience Class (CEC) candidates. This left FSWP and Federal Skilled Worker Program (FSTP) candidates in limbo.
Most CEC candidates are already in Canada and therefore are not affected by Canada’s current travel restrictions. PNP candidates continue to be invited as well to allow provinces to meet their labour market needs. It is important to note however that even when Canada was excluding FSWP and FSTP candidates, some of the CEC and PNP candidates being invited in previous draws were also outside of Canada.
latest draw was the same size as the previous all-program invitation round held March 4, which issued 3,900 ITAs.
It is the 22nd draw of 2020 and brings the total number of ITAs issued this year to 53,800, a new record for this date. #casansaar (Source - CIC News)
Category : International Business | Comments : 0 | Hits : 327
Chartered accountants from the UK and Canada might be allowed to practice in India on a reciprocal basis, with the apex body ICAI making the proposal to the Government. ICAI President Ranjeet Kumar Agarwal, on February 21, said the proposal will be implemented strictly on the reciprocal basis that chartered accountants (CAs) from India will also be allowed to practice in the United Kingdom and Canada. It will be the first time that overseas CAs will be allowed to practice in India. The pro...
The tax department is considering a proposal under which credit card holders will have to file a declaration with the issuer entity within a stipulated time, specifying the nature of expenses incurred in foreign currency for the purpose of TCS levy, sources said. The I-T department is in talks with the RBI and other stakeholders to firm up a mechanism for distinguishing whether the expense is towards medical/education which attract a 5 per cent TCS or for other purposes on which a 20 per cent...
Concerns have been raised about the applicability of Tax Collection at Source (TCS) to small transactions under the Liberalized Remittance Scheme (LRS) from July 1, 2023. To avoid any procedural ambiguity, it has been decided that any payments by an individual using their international Debit or Credit cards upto Rs 7 lakh per financial year will be excluded from the LRS limits and hence, will not attract any TCS. Existing beneficial TCS treatment for education and health payments will also co...
The ministry on May 16 notified the Foreign Exchange Management (Current Account Transactions) (Amendment) Rules, 2023, to include international credit card payments in the LRS. Any remittance beyond USD 2.5 lakh or its equivalent in foreign currency would require approval from the RBI. Earlier, the usage of international credit cards (ICCs) for making payments for fulfilling expenses during travel outside India was not included in the LRS limit. According to the notification, the Finance ...
Canada’s immigration minister Sean Fraser has announced Express Entry invitations to FSWP and CEC candidates will resume by “early July 2022” The vast majority of new Express Entry applications will be processed within the six-month service standard. According to IRCC, current Express Entry processing times range from seven months to in excess of 20 months. Summary of Canada's Immigration Levels Plan Each year, the federal department of Immigration, Refugees ...


Comments