By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Latest World News UpdateLatest World News UpdateLatest World News Update
Notification Show More
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Reading: High GST Choking Amusement Sector: IAAPI Demands Cut from 18% to 5% – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > High GST Choking Amusement Sector: IAAPI Demands Cut from 18% to 5% – World News Network
Business

High GST Choking Amusement Sector: IAAPI Demands Cut from 18% to 5% – World News Network

worldnewsnetwork
Last updated: August 29, 2025 12:00 am
worldnewsnetwork
Share
4 Min Read
SHARE

VMPL
Mumbai (Maharashtra) [India], August 29: The Indian Association of Amusement Parks and Industries (IAAPI), the apex body representing amusement parks, water parks, theme parks, snow parks, trampoline parks, and adventure parks, has made a strong plea to the Government of India to slash GST on the amusement sector from 18% to 5%.
IAAPI stresses that such a move is critical to attract heavy investments in the industry, which
entertains millions of families and children each year. At present, the sector is being stifled under the burden of 18% GST, even as zoos, museums, national parks, war memorials, and melas are taxed at 0%, creating a striking disparity for an industry that contributes equally, if not more, to India’s social infrastructure and tourism.
Globally, governments have embraced lower taxes to encourage leisure and tourism: UAE (5%), Bahrain (5%), Canada (5%), Japan (5%), Malaysia (6%), Singapore (7%). India’s 18% is among the harshest, pushing away investors and limiting growth in a country with one of the youngest populations in the world.
The impact is especially severe on school-going children, who constitute nearly 70% of visitors. With academic pressure and rising cases of stress and anxiety among youth, amusement parks serve as more than recreation–they are a vital medicine for mental well-being. These venues provide safe spaces for joy, laughter, and family bonding, directly contributing to the nation’s
emotional health and social fabric. At a time when India ranks 118 out of 147 countries in the World Happiness Report 2025, IAAPI argues that supporting affordable access to amusement will help uplift the country’s Happiness Index and overall quality of life.
The amusement industry is also a powerful generator of employment. From ride operators and
technicians to food courts, merchandise, events, and security, the sector creates lakhs of direct and indirect jobs across the country. Lowering GST will not reduce revenue — instead, it will fuel higher footfalls, greater formalisation, and stronger compliance, leading to larger overall tax collection
from tickets as well as ancillary services.
Equally important, amusement parks have become an inseparable part of tourism ecosystems. Every park visit translates into business for hotels, restaurants, transport providers, and retail outlets, creating a multiplier effect for local economies. With rationalised taxation, India’s
amusement sector can become a cornerstone of tourism-led growth.
IAAPI projects that with GST reduced to 5%, the industry could grow at a 20% CAGR, reaching
₹30,000 crore by 2030 — far beyond earlier estimates of ₹23,000 crore — and emerge as one of the most dynamic pillars of India’s tourism economy.
Ankur Maheshwari, Chairman of IAAPI, said:
“Amusement is not a luxury; it is social infrastructure that touches the daily lives of children and families. Lowering GST to 5% will make joy affordable, attract heavy investments, and position India’s amusement industry as a global tourism powerhouse.”
IAAPI appeals to the government to act with urgency and foresight — to protect jobs, strengthen tourism, and give children and families the affordable happiness they deserve.
(ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

AMTP 2025 Rocks Hyderabad with Record Delegates, GAJA’s Grand Entry & Bold Industry Announcements – World News Network

Bharat Bhushan Award Recognizes Dr. Ajeenkya D. Y. Patil’s Visionary Leadership and Service to Society – World News Network

Homeland Group Launches a Bold 360 Degree Campaign Answering Every Buyer’s Doubt – World News Network

High GST Choking Amusement Sector: IAAPI Demands Cut from 18% to 5% – World News Network

EaseMyTrip strengthens leadership with founder Nishant Pitti assuming Chairman cum Managing Director – World News Network

Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article “Extremely shameful!”: BJP on “indecent language” used against PM Modi’s late mother at Voter Adhikar Yatra – World News Network
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

- Advertisement -

Latest News

Bihar SIR: Supreme Court to hear plea for extension on September 1 deadline for claims, objections – World News Network
National August 29, 2025
Scientists find simple tweaks that cut diabetes risk by 31%: Study – World News Network
Health August 29, 2025
Lola Tung, Nico Parker to star in Osgood Perkins’ The Young People – World News Network
Entertainment August 29, 2025
‘Bugonia’ trailer: Emma Stone makes dramatic entry in bald look, trying to convince that she’s not an alien – World News Network
Entertainment August 29, 2025

Sports

Adani congratulates Praggnanandhaa on qualifying for Grand Chess Tour final in Brazil – World News Network
Sports
ICC partners with Google to boost Women’s Cricket engagement – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

Ganesh Chaturthi 2025: Varun Dhawan offers prayers at Lalbaugcha Raja, greets fans outside pandal – World News Network
Entertainment
Ganesh Chaturthi 2025: Ektaa Kapoor visits Lalbaugcha Raja, offers prayers to Lord Ganesha – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Follow US
Copyright © 2023 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?