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BCCI's profit is tax-free under Section 12A of the Income Tax Act, whereas IPL tickets bought by fans are subject to 28% GST.

GST and Entertainment Tax for IPL in Chennai.

Tax on IPL Tickets

GST Thread 2 What GST brings along with it - 1. Value added tax and no cascading of taxes - GST is only on the value added by the manufacturer and being a value added tax at each stage it avoids double taxation Example - If I purchase plastic fr

HOW GOVERNMENT OF INDIA EARNS ITS 100 RUPEES Based on Earnings from different departments ₹27 - Borrowings & other liabilities ₹19 - Income Tax ₹18 - GST & Other Taxes ₹17 - Corporate Tax ₹9 - Non-Tax Receipts ₹5 - Union Excise Duties ₹4 - Cus

Any Idea on why online gambling has 28% GST? Those sectors are being killed in the name of taxes.Would You do a startup in such sectors with higher taxes?

What if there was 0% GST in India?🤔 But first, what is GST?😶 It was introduced in 2017. It replaced taxes and aimed at creating a single national market. GST rates vary from 0% to 28%, depending on the product or service.

Taxpayer earns ₹1 → Govt takes 31.2%. He buys a product → Add 5 to 28% GST. Spends on fuel → 50% tax. Saves money → Taxed again. But no, he’s not oppressed.

AC is Necessity in Dubai But Luxury in India Both Cities Have Similar Heatwaves in May & June Dubai Takes 5% VAT on AC and 0 Income Tax India Charges 28% GST on AC For No Reason

Petrol Should Be under GST or VAT and Excise ⁉️ Ever wonder why filling up your tank feels like emptying your wallet? Because of high taxes Right Now, Tax system on Petrol is more complicated than understanding how AI works. It is under VAT and Ex