Hike in IPL Ticket price? Rise in GST set to affect Cricket fans: Explained!

The cost of Indian Premier League (IPL) tickets is set to rise due to the government decision to increase the GST on high-end sports events from 28% to 40%. With the GST increase, IPL tickets will now be taxed at the same rate as casinos and luxury items.

Previously, fans paid Rs 1280 for an IPL ticket priced at Rs 1000. The same ticket will now cost Rs 1400, an increase of Rs 120 due to the GST changes. The GST increase will apply to entry fees for casinos, race clubs, and sporting events like the IPL.