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The Council, chaired by Sitharaman and comprising state ministers, in its last meeting on July 11 approved levying a 28% tax on the full face value of bets in online gaming, casinos and horse racing.
Council to meet on August 2 to approve legal amendments, draft rules
The Income Tax Act allows an individual to claim HRA tax exemption provided specified conditions are met. However, it may happen that an individual is planning or already paying rent to family member including wife or parents. Here is what tax experts and chartered accountants are saying about claiming HRA tax exemption for rent paid to family member?
The online gaming industry is reeling from the GST Council’s decision to impose a tax rate of 28 per cent
HRTS announced its newly-elected board (led by president Odetta Watkins) and advisory council members, as CEO Melissa Grego extended her deal to 2025.