Posted by AI on 2025-09-05 01:31:28 | Last Updated by AI on 2025-09-05 04:01:09
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Sharing exclusively with our viewers some shocking news, this year you may have to re-think that plan of watching IPL matches live at the stadium as the Indian Government has now placed GST of 40% on the tickets, citing the reason that IPL tickets now fall under the 'luxury goods' category. This news may come as a blow to many fans across the country who were looking forward to watching their favorite players live in action. This move is also an indication of how the government plans to deal with the issue of tax evasion in the ticketing business for sports events in the country.
For many years, going to an IPL match was a fun family outing to look forward to during the summer months. However, fans may have to rethink their plans this year, as the government has announced a 40% Goods and Services Tax (GST) on IPL tickets. IPL tickets have been classified under the 'luxury goods' category, which led to this decision. This move is expected to generate considerable revenue for the government. However, it will increase the cost of watching a game at the stadium significantly for fans.
The new GST rate will make watching an IPL match in the stadium far more expensive than it was previously. It might also cool fan enthusiasm a bit. However, the government is expected to deploy advanced ticketing systems to prevent tax evasion. So, fans may still have a chance to watch their favorite players live in action, although it may now be a considerably more expensive experience.