Very good take home pay calculator below. See - LINK below.
http://www.ees-financial.com/calculators/TakeHomePayCalculator.htm
It will show you how much you will get in hand ( Net Pay ), after all the deductions from your Gross Pay . It varies from province to province, so choose the right province.
http://www.ees-financial.com/calculators/TakeHomePayCalculator.htm
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General Pay Check In Canada :
1. Usually you get a Bi-Weekly pay cheque in Canada by Direct Deposit. India usually its monthly
Say every Wed,Thu or Fri or something like that every 2 weeks, always on the same day Wed,Thu or Fri or whatever the day maybe.
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2. Generally there are 3 major deductions from your Bi-Weekly Pay cheque :
A. Income Tax - IT - ( Both Federal & Provincial ) .
B. 4.95 % CPP - Canada Pension Plan similar to Provident Fund In India.
C. 1.9 % EI - Employment Insurance. ( You get laid off, EI will give you something IF you qualify )
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3. Medical Benefits like Prescription Drugs , Dental services, Eye Care etc are NOT covered by the Free healthcare in Canada. So some employer's provide these benefits ( NOT all ) and generally only for Full Time employees and not for Part Time employees.
You have to pay a part of it & employer pays the remaining. So if you take these benefits, you will also see a DEDUCTION for that in addition to IT, CPP & EI . They are usually NOT mandatory and you can OPT out of them or cancel them later on if you want. But most people take them, as your spouse & kids are also covered in most cases under them
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Usually you get some of the Income taxes back, when you file your IT return, depending on your household income income, family size, marital status etc.
The common question in India is " Haath Mein Kitnaa Aayegaa " , " Sab Kat-Kutkey Haath Mein Kitna Ayegaa ? "
" Kitnaa Dete Hain "
Well the above calculator will tell you " Haath Mein Kitnaa Aayegaa " in Canada
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