Horse Racing Experts Feel 'Government Is Milking a Skinny Cow', as GST Fails to Give a Boost to the Sport

The GST may be good for the economy overall. Time will tell. Subsuming taxes is never a bad idea and simplification of tax regime is welcomed by most stakeholders of India Incorporated. When it comes to horse racing industry, many feel that the sport is cash rich and an absolute luxury given the fact that it is only the ones with deep purses who can afford these beautiful thoroughbreds. As does the GST council and the finance ministry!

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