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28% GST on horse race...

The GST Council’s recent decision to...

28% GST on horse race betting a great disappointment: TAI

The GST Council’s recent decision to impose 28 per cent tax on the full face value of bets placed in horse racing is a “great disappointment” for the horse racing industry, according to the Turf Authorities of India (TAI).At its 50th meeting held on July 11, the GST Council imposed a 28 per cent tax on the turnover of online gaming companies, horse racing and casinos. Podcast: GST Council Meet: 28% GST on online gaming, tax relief for cancer drugs and moreCommenting on the same, TAI said the GST...

Karl Jörg - July 20, 2023

Sports

28% GST on...

The GST Council’s recent decision to impose 28 per cent tax on the full face value of bets placed in horse racing is...

Karl Jörg - July 20, 2023

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