The guaranteed income supplement is a payout meant to alleviate poverty and high rates of inflation for all Canadian citizens.
The purpose of these benefits is to give financial support to all eligible elderly adults in the nation who are members of low-income groups.
All people are eligible for a $2,500 Double GIS Deposit in 2024 if they are unable to pay their daily expenses because of the high rates of inflation.
Due to the current rapid increase in inflation, middle-class and lower-middle-class households are finding it increasingly difficult to meet their fundamental needs.
Therefore, the Canadian government is offering these advantages to the elderly residents in that country in order to address such circumstances.
Double GIS Deposit Requirements 2024
We have indicated that before applicants may continue with the application form, they must meet the Double GIS Deposit Requirements 2024.
Each applicant needs to be a Canadian citizen and permanent resident.
1. To be eligible for these payments, all applicants must meet the primary eligibility condition that the recipient be 65 years of age or older.
2. For these benefits to be granted, the applicant’s income must not surpass the disclosed amount of $21,624 and the couple’s income cannot exceed $28,560.
3. In order to be eligible for both the GIS benefits and the OAS payments, the applicant must meet the qualifying requirements.
GIS Application Form 2024
The official CRA web domain, www.canada.ca, has the GIS Application Form 2024. The application procedures are listed below, and readers are urged to review the quick guidance that follows.
It is necessary to first determine if you qualify for these government payouts:
1. Go to www.canada.ca, the Canada Revenue Agency’s official website.
2. Applicants must click on the GIS application form after scrolling down to find it on the homepage.
3. To continue, applicants must complete the application form with all required information.
4. In order to prove that they have received the funds, applicants may additionally choose to submit certain documents, such as evidence of identity, address, bank account information, etc.
5. Line following fall filling, uploading the documents.
GIS Deposit Schedule 2024
| Months | GIS Deposit Schedule 2024 |
| January | 29th January 2024 |
| February | 26th February 2024 |
| march | 7th March 2024 |
| April | 27th April 2024 |
| May | 28th May 2024 |
| June | 27th June 2024 |
| July | 28th July 2024 |
| August | 28th August 2024 |
| September | 26th September 2024 |
| October | 28th October 2024 |
| November | 27th November 2024 |
| December | 20th December 2024 |