GST blow to agriculture-based horse racing industry in Bengaluru
BENGALURU: The crippling burden of tax has eaten into the reserves of turf clubs, leaving them with few options to shore up their fortunes and raising the prospect of job losses and pay-cuts to semi-skilled migrant workers and equine professionals and closure of agriculture-based stud farms. A sport that employs thousands, horse racing has always shared a strong association with agriculture,…