By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Reading: High GST Choking Amusement Sector: IAAPI Demands Cut from 18% to 5% – World News Network
Share
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Legal Talk
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 2 months ago
Share
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)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

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

China’s rare earth export curbs to hit defence, auto and consumer electronics sectors – World News Network

India must build tech depth and cut costs to stay export-competitive: GTRI chief – World News Network

Padma Shri Rajinder Gupta, Emeritus Chairman of Trident Group, Elected Unopposed to Rajya Sabha from Punjab – World News Network

PVL 2025 Season 4 (Match 30): Kochi Blue Spikers clinch Kerala derby with commanding 3-1 victory over Calicut Heroes – World News Network

India stocks erase early gains over possible delay in US trade deal finalisation – World News Network

Share This Article
Facebook Twitter Email Print
Previous Article MP: Leader of various parties attend all-party meeting over 27 % OBC reservation at CM House in Bhopal – World News Network
Next Article “Placing burden on women…”: Owaisi slams RSS chief’s three-children advice to Indian families – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published.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

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -

Latest News

TFCIL Targets INR 2,000 Cr Disbursement In FY26; Expands Into Hospitality, Real Estate, And MSME Solar Financing – World News Network
Business 24 hours ago
Netcore Cloud’s Agentic Marketing 2025: Global Marketing Leaders to Shape the Future of AI-Driven Brand Experiences – World News Network
Business 24 hours ago
Fuel Burn Radiation Technology to Revolutionize Vehicle Theft Detection and Tracking – World News Network
Business 24 hours ago
Kushagra Srivastava of Chakr Innovation named among the 2025 Meaningful Business 100 global leaders – World News Network
Business 24 hours ago

Sports

Jofra Archer to miss first ODI against New Zealand as England focus on Ashes preparation – World News Network
Sports
MLC: Shane Watson parts ways with San Francisco Unicorns after 3 seasons – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • National
  • Videos
  • Gujarati

Popular Category

  • Hindi
  • Lifestyle
  • Marathi
  • National
  • Science
  • Sports
  • Tech
  • World

Entertainment

Prabhas’ new film ‘Fauzi’ announced, check out first poster – World News Network
Entertainment
‘Emily in Paris’ season 5 to be out on December 18, trailer unveiled – World News Network
Entertainment
Copyright © 2023 World News Network. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?