The obsession with blunt policy instruments, especially bans and taxation, is beyond me.
The multiplier effect that IPL has on hospitality, travel, local businesses and beyond is more beneficial than forcing them to shift abroad for low taxes.
🚨 "If a simple 40% tax were applied just on IPL profits, nearly ₹15,000 crores could have been raised over three years—enough to fund 10 new IITs" - IISc Professor Mayank Shrivastava.