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flag India lowers GST on cheaper movie tickets but raises tax on premium sporting events.

flag The Indian GST Council has revised tax rates, reducing GST on movie tickets up to Rs 100 from 12% to 5%, potentially lowering costs and increasing attendance. flag However, GST on IPL tickets and other premium sporting events has increased from 28% to 40%, making these events more expensive. flag The changes aim to balance revenue needs with accessibility by taxing affordable entertainment at lower rates and premium events at higher rates.

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