OPEN LETTER TO THE PRIME MINISTER - NARENDRA MODI JI
APPEAL
FOR RECONSIDERATION OF GST ON
HORSE
RACING
Respected
Sir,
I
most respectfully submit this appeal regarding the imposition of 28% GST (since a few years) and
the classification of horse racing under the gaming industry. This policy is
severely impacting the livelihood of nearly five lakh people who are directly
and indirectly dependent on the horse racing ecosystem in India—including
breeders, trainers, jockeys, stable staff, workers, stud farms employees, farm supplying agriculture staff and their families.
Horse
racing in India is not merely a sport; it is a time-honoured tradition and a
source of survival for lakhs of households. The present GST regime has placed
the industry under extreme distress, threatening both its future and the
sustenance of those who rely on it.
A more pragmatic approach would be to rationalize the tax on horse racing to 4%, which could potentially generate over ₹20,000 crores annually from racing clubs across the country.
This would ensure a stable revenue stream for the Government while protecting
livelihoods and preserving this historic industry.
With
folded hands, I most humbly request your kind attention to this matter and an
opportunity to personally present the detailed case before your good self for
consideration.
With
highest respect,
Mahindar
Singh Rathore
Survivor/Employee
– Indian Horse Racing Industry
Comments
Post a Comment