Horse-racing industry awaits GST rate change for survival

The Turf Authority of India (TAI), the apex body of six race clubs in the country, has reiterated its request to the Centre for change in the applicability of Goods & Services Tax (GST) rate on horse racing as thousands of families dependent on the industry, directly and indirectly, face an existential threat to their livelihoods. The association has requested levying GST on only the commissio…