TODAY -

GST on horse trading and racing

Free Thinker *



GST on horse racing may not be a lucrative idea but GST on horse-trading will be a great revenue generator. I donít know whose original idea is it. But I love the idea of imposing a heavy levy on horse-trading. This is going to be a big source of income for the States, particularly for the smaller States where such trading is almost a routine affair.

For us, GST on horse racing may not be that productive; but it may serve a benevolent purpose to save our ponies. If we encourage pony racing, pony- polo or Sagol Kangjei with the permission of betting, there is a chance for reviving the pony games.

From this perspective, CMís recent idea of creating 5 Polo grounds in five districts is a welcome step. Again the entire Lamphelpat area may be declared as a pony reserved area, where only water conservation, pisciculture and pony grazing are allowed. The entire Lamphelpat may be restored as an actual lake where water, pony and fishes are the resources. Chief Minister is perhaps thinking in that line.

Horse racing and betting were in vogue long ago in the Hapta Kangjeibung before the Second World War. Hapta Kanjeibung , the name itself indicates that it was a weekly pony jamboree. But the size of Hapta Kangjeibung has now shrunken. If possible it may be restored to its original size for holding the erstwhile Sagolkangjei and pony race.

Cess on both Horse trading and racing may seriously be considered by the competent authority. Hopefully, most of the States will agree including Manipur. All those who are in active politics are aware of the enigmatic existence of horse-trading; buying and selling of MLAs is still a reality; quite often deals are struck through agents or able leaders.

Suppose you have 32 MLAs in a 60 Member Assembly. By law, only 12 MLAs can be made Ministers out of 32. The remaining 20 become restless and start hobnobbing with one another which is the beginning of such trading. A few may be appeased by offering Speakership, Deputy Speakership, Chairmanships, etc. The option for Parliamentary Secretariships is also done away with by the Apex Court.

From this perspective, Horse Ėtrading may be given a free run for tax purposes. This may also provide an opportunity to convert black money to white. The source of the money involved will not be questioned or traced; once it comes in the open, simply GST will be imposed, thatís all. No other tax or liability will be involved. The giver must pay 12 percent GST and the taker 28 percent. But an honest declaration of the amount involved is required.

Stakeholders may impose more exorbitant cess on horse trading and a reasonable one on horse racing. But the revenue from both should directly go to the State Treasury; meaning it should be State GST. It should be on the pattern of liquor and fuel. Certainly, the horse-trading cess will enrich the poor States like Manipur and Arunachal. In fact, poor States should explore more alternative revenue generation mechanisms.

Horse-trading may be for dislodging the Government or replacing the leadership. Even if the object fails, the GST paid shall not be refunded. Once you have made the payment, that is final, there will be no refund system. Whether the stakeholders and investors are satisfied with the outcome or not, it has nothing to do with the tax paid. They canít also approach the Court.

Lok Pal at the Centre and Lok Ayukta at the State level may be made the arbiter or custodian of the horse-trading system as it is going to be outside the ambit of Corruption. It may be treated as a mere business for change and continuity of Government. The timeframe may be fixed for such maneuvers; otherwise, it may lead to wastage of time and energy of the State.

Honestly, the anti-defection law or the 10th Schedule is meant for eliminating political defection. But quite often it is being used or misused to facilitate defection. Either the law is faulty or the people handling or interpreting it have failed the law. Whatever may be the case, horse-trading must continue for the revenue of the State.

Many cry that Anti-Defection Law is not in tune with democratic principles. It curtails freedom of selection; it dismantles individual rights; it discourages principled dissent (going against Party Whip); it restrains the liberal approach. Ultimately it makes you surrender your freedom of choice, individualism, and self-righteousness just for the sake of your Party and political stability.

This Law which was brought in 1985 and rejuvenated in 2003, is still unable to put an end to the selling and purchase of elected Representatives for making and un-making of Governments. The basic issue with the Law is - the Speaker is not neutral and there is no deadline to decide on defection cases. Besides, judicial pronouncements in matters of defection remained flexible.

The Tenth Schedule may continue or not but horse trading must continue. Rather it should be encouraged provided the transactions are transparent and taxed properly. In Mumbai Bourse horses are sold at mind-boggling rates; it is a huge revenue loss as GST is not yet applicable. GST Council, please act fast.


* Free Thinker wrote this article for The Sangai Express
This article was webcasted on July 05 2022 .



* Comments posted by users in this discussion thread and other parts of this site are opinions of the individuals posting them (whose user ID is displayed alongside) and not the views of e-pao.net. We strongly recommend that users exercise responsibility, sensitivity and caution over language while writing your opinions which will be seen and read by other users. Please read a complete Guideline on using comments on this website.




LATEST IN E-PAO.NET
  • 2nd Annual Art Exhibition #1 : Gallery
  • Violence in Manipur 2023-2024 : Timeline
  • Chilli Chicken: Film Spotlighting NE in B'lore
  • Committee of Narcotics Anonymous - Imphal
  • The Power of Meditation
  • Oceans as a career choice
  • Getting more and more audacious
  • A test of leadership
  • Education Fair @Imphal #2 : Gallery
  • Gifting two seats to Cong
  • Voters empowered democracy
  • Postcards from Meghalaya premieres
  • Milk : Essential nutrient for a healthy body
  • Failing in competitive exam not end of world
  • Delhi : A mere spectator
  • Abandoning Jiribam
  • Birth Centenary of Jananeta Irabat, 1996 : #5
  • Ima Keithel flood- May 30 #2 : Gallery
  • Mainstream in Shoes of Alternative
  • Protect the medicines that protect us
  • Lets take action for our land & our future
  • Democracy and independent media
  • Agenda at work to shut Western Gate
  • Keeping Manipur on the boil
  • Descent of Radha-Krishna #34: Download
  • The Enigmatic Journey of 'Laikhutshangbi'
  • Individual and the Social
  • An Ardent Appeal to All Concerns
  • Condemnation of Attack & Govt Inaction
  • The Power of Poppy - 34 :: Poem
  • Scientist of Manipur: Laishram Shanta
  • Alien fishes spotted in Manipur's rivers
  • Training on mushroom at Langthabal
  • Digital avatars or deepfakes ?
  • 7th June is the World Food Safety Day
  • How to prepare for UPSC after 10th ?
  • The Jiri violence
  • Beginning of a new vote culture ?
  • Bimol Akoijam (Cong) wins Inner PC : Gallery
  • BJP, NPF & other NDA pay heavy price
  • Nature is one of greatest blessings of God
  • Plantation drive in Tripura, Assam & Manipur
  • Summer beauty
  • Environment conservation & over-exploitation
  • Is Modi cut out for leading a coalition ?
  • 'Ishanou' Selection @ Cannes #2: Gallery
  • Scholarship for Johnstone Hr Sec students
  • 1st foundation day of Interfaith Forum
  • World Environment Day: Our land, our future
  • Indonesia stronger anti-tobacco measures
  • Navigating a fragile Myanmar: India's policy
  • New breed entering electoral politics
  • The road to formation of new govt
  • International Dance Day #1 : Gallery
  • Matchbox marketing mantra
  • Stop harming nature :: Poem
  • Saving for oneself & the Nation
  • Model United Nations (MUN) conducted
  • Tobacco: Threat to health & environment
  • Candidate from ruling party biting the dust
  • The verdict
  • Birth Centenary of Jananeta Irabat, 1996 : #4
  • Imphal valley districts flooded #3 : Gallery
  • Navigating Remal amidst Manipur conflict
  • We are #GenerationRestoration
  • Intl Day of Innocent Children Victims
  • Apparel Industry Skills & Innovation CoE
  • What's in a cyclone's name ?
  • Ongoing clash, the floods, the losses
  • Exit poll predictions
  • Descent of Radha-Krishna #33: Download
  • Evading flood & rethinking urbanization
  • Manipur Flood: Health Advisory
  • Onus on civil bodies to ensure NNPG unity
  • Rats also cause flood
  • Benefits of JEE Main mock tests
  • People have spoken, now the results
  • The fury of Remal
  • Ima Keithel flood- May 30 #1 : Gallery
  • The flood in our Stars
  • The Power of Poppy - 33 :: Poem
  • 'Group of people misrepresented themselves'
  • EV industry and career options
  • Scientist of Manipur: Chandrakant Aribam
  • Candy flavoured traps to hook next Gen
  • Commemorate Naga Plesbicite Day 1951 #2
  • Tobacco affects health & environment too
  • Jio extend validity for Customer in Manipur
  • Students must learn about AI irrespective
  • As vote count day approaches : Floods
  • Imphal valley districts flooded #2 : Gallery
  • Flooded : Sacrifice of Yairipok's Maiden
  • World No Tobacco Day 2024
  • Chandam Rishikanta wins NPC Nat'l C'ship
  • Flood: Helpline numbers for emergency
  • Battling body odour ?
  • Floods : Not entirely natural phenomena
  • PM Modi's purpose
  • Imphal valley districts flooded #1 : Gallery
  • June Calendar for Year 2024 : Tools
  • Flood: Control Rooms & Helpline numbers
  • Economic impact of ongoing conflict
  • Army Recruitment Rally for Manipur
  • Cut deficit, boom likely
  • Are Gods angry ? Wake up call for Manipur
  • Beating of the Retreat #2 : Gallery
  • We did Overcome: Mayhem of Month of May
  • Training on mushroom at Potshagbam
  • Famous female Mathematicians in India
  • Disinformation campaign thengnare
  • Human trafficking puts humanity to shame
  • Sky opens up in all its fury
  • Licypriya meets Italy PM & Pope Francis
  • HSLC (Class X) 2024 : Full Result
  • HSLC 2024 : Important Info & Grading System
  • HSLC 2024 : Pass % : Private Schools
  • HSLC 2024 : Pass % : Aided Schools
  • HSLC 2024 : Pass % : Govt Schools
  • HSLC 2024 : Statistical Abstract
  • HSLC 2024 : Comparative Statement
  • Combined Defence Services Exam 2024
  • Good show in Class X exams
  • Downplaying the crisis
  • Birth Centenary of Jananeta Irabat, 1996 : #3
  • Reviving Lamphelpat : Conservation : Gallery
  • Commemorate Naga Plesbicite Day 1951 #1
  • "ST status for Meetei" at Hojai
  • The Power of Poppy - 32 :: Poem
  • Insights from CUET-UG Counselling
  • International Day for Biological Diversity
  • Unseen force at work: Time to unravel it
  • Sheikh Hasina's revelation
  • The Vanishing Meitei Tribe
  • Building career in defence & strategic study
  • Why example of model code of conduct ?
  • Ownership of responsibility
  • Will pressure mount on key players in NE
  • How to save your foot after an accident
  • Children Camp @JNMDA Imphal #3 : Gallery
  • Education Fair @Imphal #1 : Gallery
  • Project Associate @ CSE, Assam Univ
  • Understanding schizophrenia
  • Advancement in Multi Objective Optimization
  • When will women in voter list increase ?
  • Making 2 plus 2 is equal to 5
  • Changing face of drug menace
  • Scientist of Manipur: Jayanta Manoharmayum
  • 25 yrs since Atal Vajpayee visit to RIMS
  • 4 Lakhs donated to support (L) Maipak Family
  • Clarification: Guwahati Meet on Humanitarian
  • Start UPSC prep after 12th for success
  • Tips to avoid melting makeup in summer
  • Giving a big solid push to ST demand
  • Time to come clean
  • Sajibu Cheiraoba: 1 occasion, 2 narratives #3
  • Khongjom Day @Khebaching #2 : Gallery
  • A year of hostilities
  • Licypriya Kangujam to travel to Italy
  • Declining moral standards in public life
  • Healthy democracy with independent media
  • Why endangered species matter to us
  • Significant Guwahati meeting : 1st visible step
  • The Pallel story
  • Aftermath of ferocious hailstorm #2 : Gallery
  • Ukhrul: Climate change grip on water supply
  • Commemoration of World Eld's Deer Day
  • Indo-Naga Talks (From 2012) :: Timeline
  • "ST status for Meetei" at Hiyanglam
  • Dance of democracy, a miracle in making !
  • Learn to look 10/20/30 years hence
  • The zero FIR, zero lesson
  • 'Ishanou' Selection @ Cannes #1: Gallery
  • MOU signed: MTI-HUB & KIIT-TBI & SAbF
  • Lament of the Mourning Choir :: Poem
  • "ST status for Meetei" at Wabagai
  • RSS-BJP fracas
  • Trials for Canoe Slalom World Cup
  • Poser from a villager says it all Kamjong
  • The cover-up effort
  • Birth Centenary of Jananeta Irabat, 1996 : #2
  • Manipuri women in the arena of politics
  • "ST status for Meetei" at Assam
  • Aimee Baruah at red carpet of Cannes
  • National Defence Academy Exam 2024
  • How digital media changed communications
  • Manipur stands scandalised
  • All eyes on UP battle
  • Descent of Radha-Krishna #32: Download
  • Riots to a shrine- Ram Mandir of Ayodhya
  • Handle with care. F.R.I.E.N.D.S inside!
  • The Power of Poppy - 31 :: Poem
  • Celebrate the journey !
  • Career counselling : A life guidance tool
  • Scientist of Manipur: Amom Ruhikanta
  • Conspiracy, thy name is Kuki !
  • "ST status for Meetei" at Thounaojam
  • Ket Meth New Album "Ghost Stories"
  • World Hypertension Day
  • International Day of Families
  • Let the rule of law prevail
  • When donation becomes obligatory demand
  • Tourism of Manipur through Gastronomy
  • Beyond Eternity :: Poem
  • Patriarch subjugation on women
  • Celebrate Manipuri Cinema shine at Cannes
  • Training on cultivation of various mushroom
  • Transformative impact of Ayurveda & Yoga
  • War for over a year : Delhi is answerable
  • The logic behind illogical chargesheet
  • Preserving Thang-Ta :: Rare Photos
  • Regarding Human Rights Situation in Manipur
  • World Hypertension Day 2024
  • Article 355 of Constitution of India #3
  • Disinformation campaign touba thengnarey
  • Deeply mourn the demise of Oja Biren Lamba
  • Water Mimosa for sustainable development
  • Publicity drives of educational institutions
  • ED's revolutionary move!!!
  • Malemnganbi Laishram : Science Topper
  • Featured Front Page Photo 2024 #2: Gallery
  • Thokchom Sheityajit : Arts Topper
  • Aiena Naorem : Commerce Topper
  • AISSE 2024 Exam Result- RKM Imphal
  • Gold, new world currency !
  • Milk for hair and skin
  • Of illegal immigrants & the larger picture
  • The missive from Kamjong
  • Hr Secondary Exam 2024 : Science Topper
  • HSE 2024 : Subject Pass Percentage
  • HSE 2024 : District Pass Percentage
  • HSE 2024 : Candidates with Highest Marks
  • Hr Secondary Exam 2024: Science Full Result
  • Hr Secondary Exam 2024: Arts Full Result
  • Hr Secondary Exam 2024: Commerce Result
  • Hr Secondary Exam 2024 : Arts Topper
  • Hr Secondary Exam 2024 : Commerce Topper
  • World Bamboo Congress @Taiwan : Gallery
  • Aftermath of ferocious hailstorm #1 : Gallery
  • Radio E-pao: Manipuri Film OST (130+ song)
  • Cheirao-chingkaba @ Chinga : Gallery
  • Nupi Landa Thaunaphabishing : Full Book
  • A ferocious hailstorm @Imphal : Gallery
  • '365 Days of Chin-Kuki Aggression' : Gallery
  • Athoubasingi Numit #2 : Gallery
  • National Science Teacher workshop
  • Scientists of Manipur : Laishram Ladu Singh
  • Id-ul-Fitr @Hatta #2 : Gallery
  • Children Camp @JNMDA Imphal #2 : Gallery
  • Sajibu Cheiraoba Chak Katpa #2 : Gallery
  • Scientists of Manipur : Laitonjam Warjeet
  • Community seed bank @Umathel : Gallery
  • Scientists of Manipur : Ngangkham Nimai
  • Kenedy Khuman (Singer) : Gallery
  • GHOST of PEACE :: Download Booklet
  • List of Kings of Manipur: 33 - 1984 AD