Cricket fans in India will now have to pay more to watch IPL matches live, after the government raised the GST on premium sporting events from 28% to 40%. A ticket that previously cost Rs 1,000 plus ...
The new tax rate is uniform across IPL and other high-value sporting events, lumping them in with sectors traditionally considered non-essential or luxury.
The final ticket prize for an IPL match, which has a base prize of Rs 1,000, will now be upto Rs 1,280-1,400, as per ESPNCricinfo. This raise puts the IPL in India's highest GST bracket, alongside ...