Tax rates on IPL tickets go up to 40%, will be more expensive

Watching the IPL from the ground has become costlier, after the government of India increased the goods and services tax (GST) on IPL tickets from 28% to 40%. The final price of a ticket - whose base price is INR 1000 - will now go up from INR 1280 to INR 1400. This increase puts the IPL in India's highest GST bracket, alongside casinos, race clubs, or any place that has casinos or race clubs.However, there seems to be respite in store for those going to international cricket matches in the country. The GST levied for tickets to those matches was the same as IPL tickets, at 28%, but this slab has been abolished. The Press Information Bureau's latest circular, informing of the changes in tax rate, only talks about "sporting events like the IPL". Finance and business publications have in