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GST CHANGES FOR IPL
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- Pay more for IPL matches; movie tickets under ₹100 get cheaperThe GST Council has raised tax on sporting events like IPL to 40% while easing levies on cinema tickets under ₹100, now taxed at 5%. Higher...
- GST 2.0: Watching Virat Kohli and Shubman Gill in IPL just got costlier, placed with non-essential & luxury itemsWatching IPL matches from the stadium is now more expensive due to a revised GST structure, increasing ticket prices to 40%. This places IP...
- We cheer for IPL sixes, but who’s cheering for science? IITian gives a 'big, Indian' reality check as RCB victory euphoria eruptsIndia’s IPL has generated over ₹15,000 crore in profits in three years, yet the BCCI pays no income tax due to its charitable status. Exper...
- Fantasy sports firms bet big on cricket to increase the run rateThe fantasy sports industry is banking on the ICC Champions Trophy and the IPL to drive user growth despite the 28% GST impact. Dream11 and...
- Infy’s pre-hike bonus; Ex-OpenAI CTO’s startupInfosys awards an average 80% performance bonus for Q3, ahead of annual pay hikes by March-end, sources told ET. This and more in today’s E...
- SOGI calls for 28% GST on platform fees and not deposits for Indian gaming companiesThe Skill Online Games Institute (SOGI) has urged the government to impose 28% GST on platform fees instead of deposits to prevent tax arbi...
- Illegal betting and gambling: Tax authorities losing Rs 2 lakh crore annually, says reportIllegal betting activities related to the Cricket World Cup 2023 in India are causing significant tax losses, with an estimated inflow of R...
- Tata Digital snags founders, ecomm execs; Quick commerce scores in IPL; VerSe’s $805 million fundraise“As we grow our footprint across the country and demonstrate strength across categories, we continue to augment our team across the board, ...
- Covid-19 cripples Rs 2,000-crore Jalandhar sports industryWith the nationwide lockdown enforced to contain the spread of novel coronavirus, the manufacturers of sport items here are apprehensive ab...
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- GST rate guide: Here is what all will become costlier after midnightIt is going to impact every Indian. The GST Council has fixed the GST rates for 1,211 items, keeping a majority of these in the 18% slab.
- BCCI to hold SGM on December 2 to discuss Status ReportThe BCCI is supposed to file a Compliance report in Supreme Court on December 3 with the court's next proceedings on December 5.
- I haven't seen so much bitterness in the House: Sharad Pawar"I've not seen an initiative from the ruling party. When there is a serious political issue, the Speaker discusses matters with all parties...
- Must debate finance committee report on IPL & BCCI muck: Bhartruhari Mahtab, BJDThe Biju Janata Dal, the fifth largest party in Parliament, wants both Houses to discuss the parliamentary finance committee’s 2011 report ...
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