Angad

57 posts

Angad banner
Angad

Angad

@angads110

#mukteshwarstud

Delhi, India Katılım Kasım 2010
222 Takip Edilen266 Takipçiler
Angad retweetledi
Angad retweetledi
Ajay Anne
Ajay Anne@ajay_anne·
"Mukteshwar Stud just landed a major coup with Cairo (Quality Road) joining their stallion roster. Get ready for a whole new 'Dynasty' in Indian racing!" All the best to his new connections. I hope he's a huge success 🙌 #NewApproachBloodstock
English
4
7
68
8K
Angad retweetledi
Vikram Bachhawat
Vikram Bachhawat@BachhawatVikram·
Horse Racing in India: Tradition, Tourism, and the Case for Fair GST. Horse racing in India is one of the oldest and most distinguished sporting traditions, combining heritage, tourism, and livelihoods in a way few industries can. From the historic courses of Kolkata and Mumbai to the thriving turf clubs of Bengaluru, Hyderabad, and Chennai, racing has long been a cultural institution, attracting visitors, supporting equine breeding, and sustaining thousands of families. Yet today, this legacy faces a grave crisis—not because of waning public interest or diminished competitiveness, but because of a tax regime that threatens its very survival. Since October 2023, horse racing has been subject to a 28 percent Goods and Services Tax levied on the full face value of bets placed. This rate does not merely tax winnings or the commission retained by clubs; it taxes every rupee that enters the pool, thereby penalising the legitimate and regulated form of wagering that underpins the sport. The consequences of this structure are already stark. In Hyderabad, official betting collections that once stood at ₹1,271 crore in 2016–17 have collapsed to a mere ₹141 crore in 2024–25, even as the parallel illegal betting market has swelled to over ₹2,000 crore annually. In Mumbai too, the Royal Western India Turf Club has seen official tote collections decline from around ₹15 crore in earlier years to barely ₹2–3 crore today, with punters preferring unregulated bookmaking avenues that escape taxation. Nationally, the trend is unmistakable: government revenue from racing, which had touched ₹3,274 crore in 2014–15, has dwindled to less than half that amount within five years of GST implementation. This is not just a story of numbers but of livelihoods and heritage under siege. The equine population in Hyderabad alone has fallen from over a thousand horses to around 650, as owners are unable to meet the costs of upkeep—now estimated at nearly ₹35,000 per month per horse. Trainers, jockeys, syces, farriers, veterinarians, breeders, and a host of ancillary workers are being forced to abandon their profession, leaving behind an entire ecosystem that once flourished around the sport. The cascading effect is felt in rural areas that supply feed and breeding services, in urban tourism where racecourses attract visitors, and in state treasuries that lose revenue to underground markets. To equate horse racing with games of pure chance is to misunderstand its nature and its jurisprudential recognition. The Supreme Court in K.R. Lakshmanan v. State of Tamil Nadu (1996) categorically recognised racing as a game of skill, requiring analysis of form, pedigree, track conditions, weather, handicapping, and jockeyship. Bettors engage in statistical study, pedigree research, and performance evaluation—skills that distinguish the sport from online money games or casinos, which the government itself has recently moved to prohibit through the Promotion and Regulation of Online Gaming Bill, 2025. While unregulated online games are deemed harmful because of their addictive and opaque design, horse racing remains a licensed, supervised, and historically significant sporting activity. It is therefore inappropriate to punish it with the same or harsher tax treatment than those activities the government itself has sought to ban. @shivens @dashmeshstud @gautamlala @sanjay_facets @indiaracedotcom @angads110 @RaceMirror @Racebuzzlive #horseracing #equestrian #Legacy #Horseracinghistory #GSTReforms
Vikram Bachhawat tweet mediaVikram Bachhawat tweet mediaVikram Bachhawat tweet media
English
4
7
31
1.6K
Angad retweetledi
Indiarace.com
Indiarace.com@indiaracedotcom·
Sovereign King stuns Stormy Sea and Red Bishop in a tight finish. A confident piece of riding from jockey Antony Raj S in the Colts Championship Stakes (Gr.1) Trained by @AdhirajsinghJ
Indiarace.com tweet media
English
3
3
14
689
Angad retweetledi
Indiarace.com
Indiarace.com@indiaracedotcom·
Elusive Art wins the Gool S Poonawalla Million (Gr.3)
Indiarace.com tweet media
English
0
2
33
1.5K
Angad retweetledi
Tushar
Tushar@SHREWDCOLTS·
Touch of grey Wins The HPSL Indian St. Leger (Gr.1) @Surajsn1 .
English
0
2
16
328
Angad retweetledi
Ajay Anne
Ajay Anne@ajay_anne·
Grade 3 🏆Winner🏆 for DALI by Scat Daddy, purchased privately from @coolmorestud for Mukteshwar Stud @angads110 First season champion sire by Scat Daddy, is going strength to strength in India 🇮🇳 Congratulations to the connections 🥂 #NewApproachBloodstock
Race Mirror@RaceMirror

Hyderabad: Race 6 . 1️⃣ DIVINE PROPHECY J: Vivek G T: N. Ravinder Singh . 2️⃣ Spanish Eyes * 3️⃣ Mother's Grace 4️⃣ Magnetic . . #DivineProphecy #VivekG #NRavinderSingh #Hyderabad #HorseRacing #HyderabadRaces #Hrc #IndianRacing #RaceMirror

English
1
2
12
842
Angad retweetledi
Indiarace.com
Indiarace.com@indiaracedotcom·
Unbeaten Divine Prophecy thwarts Spanish Eyes in a tight finish in the Deccan Fillies Championship Stakes (Gr.3)
Indiarace.com tweet media
English
0
2
30
669
Angad retweetledi
Indiarace.com
Indiarace.com@indiaracedotcom·
Masato prevailing over Ranquelino in a hard fought finish in the Mysore Colts Trial Stakes. Trainer - Prasanna Kumar Jockey Suraj Narredu Bred at Mukteshwar Stud
Indiarace.com tweet media
English
2
1
22
566
Angad retweetledi
Indiarace.com
Indiarace.com@indiaracedotcom·
Grey Wind by Top Class (USA) - Earl Grey wins the Nilgiris 1000 Guineas (Gr.3) trained by Deepesh Narredu and ridden by Hindu Singh
English
0
2
27
900
Angad retweetledi
Tushar
Tushar@SHREWDCOLTS·
Time And Tide Wins The Zavaray S Poonawalla Sprinters' Cup (Gr.1) @BachhawatVikram
English
0
2
17
414