IPL teams appeal for tax rematch
New Delhi: Indian Premier League (IPL) teams have asked the finance ministry to treat the tournament's cricket fixtures as sporting events and not entertainment, a move that would more than halve goods and services tax (GST) on match tickets to 18% from 40%. This will bring it on a par with tickets for international matches organised by the Board of Control for Cricket in India (BCCI).A government official confirmed the development, saying that the GST Council will take a call on the matter.Befo...
Original Source
Read the full article at Economictimes →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.