Bad news for cricket fans, IPL tickets to be more expensive from next season due to… – India.Com

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New Delhi: Indian cricket fans might be disappointed, as IPL ticket prices are expected to rise due to a new 40 per cent tax rate, up from the earlier 28 per cent, as per a report by ESPNcricinfo. On the other hand, watching international cricket will become more affordable, with GST reduced from 28 per cent to 18 per cent.

The total ticket cost, originally priced at Rs 1000, has gone up from Rs 1280 to Rs 1400. If we talk about this rise, it puts the Indian Premier League in the highest GST category in the country of we look it alongside casinos, racecourses, and similar places.

But if you look at the positive side, there’s some good news for fans going to international cricket matches in India. Earlier, tickets for these matches had the same 28 per cent GST as IPL tickets, but that tax rate has now been taken away. According to the latest update from the Press Information Bureau, the new tax rule only mentions ‘sporting events like the IPL’.

Let’s know how these taxes will affect the IPL prices, so right now, tickets costing more than Rs 500 for other approved sports events have an 18 per cent GST, while those below Rs 500 are not taxed. Soon, tickets for international matches and government-backed leagues might get cheaper. For example, a ticket to an international cricket game with a base price of Rs 1000 currently costs Rs 1280 after tax. With the new tax rule, it will drop to Rs 1180.

The updated tax rates will be applied starting September 22, just one week ahead of the Women’s World Cup, which is the upcoming international cricket event in India. Ticket sales for the tournament haven’t started yet.
Akshat Jain is a young and passionate sports journalist with 2-3 years of experience in the media industry. Born and raised in Jasol, Rajasthan, Akshat has been deeply fascinated by the world of sport … Read More
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