Anupam Mittal Lashes Out At 28% GST On Online Gaming: ''Start Building Rockets''
NDTV
Shaadi.com founder and Shark Tank India judge Anupam Mittal slammed the move, saying that entrepreneurs should now build rockets rather than gaming companies.
The Goods and Services Tax Council (GST) recently announced the decision to levy a tax at the uniform rate of 28 percent on online gaming, horse racing, and casinos. Online gaming companies and industry experts are disappointed with the decision, given it will limit their ability to invest in new games and impact cash flows as well as business expansion. Latest lessons - stop gaming, start building rockets, move money from crypto to tomatoes 👾🚀🍅
Weighing in on the matter, Shaadi.com founder and Shark Tank India judge Anupam Mittal slammed the move, saying that entrepreneurs should now build rockets rather than gaming companies. He also took a dig at the rising prices of tomatoes in the country and asked users to invest in the vegetable instead of cryptocurrency.
''Latest lessons - stop gaming, start building rockets, move money from crypto to tomatoes,'' Mr Mittal wrote in a tweet.
The BJP-led Mahayuti alliance, which includes the Shinde Sena and Ajit Pawar's NCP, is en route to a thumping win in the 2024 Maharashtra Assembly election, thanks to its two smaller allies.
The Shiv Sena (Uddhav Balasaheb Thackeray) leader said the results are not acceptable to his party and the opposition Maha Vikas Aghadi coalition.
The Adani Group said that none of its 11 public companies are implicated or accused of any wrongdoing.
The MVA had only been given a (very) slim chance of upsetting the in-power BJP-led alliance's applecart in this election; only one of 11 exit polls studied by NDTV believed it can win.
The first phase saw voting in 43 constituencies, while the second phase saw 38 seats up for grabs. Chief Minister Hemant Soren's Jharkhand Mukti Morcha (JMM), leading the ruling INDIA alliance, faces a fierce challenge from the BJP-led NDA.
Assembly Election Results 2024: Maharashtra's 288 voted Wednesday in a single phase, and an average of 11 exit polls gives the ruling Mahayuti 155 seats.
Bypoll Assembly Election Results 2024 Live: Bypolls were held on 48 assembly seats in 14 states including Uttar Pradesh, Madhya Pradesh, Punjab and West Bengal.
During the event, Prime Minister Narendra Modi was honoured (in absentia) with the Dr Martin Luther King Jr Global Peace Award for Minority Upliftment.
The DMK MPs held a meeting today to discuss what they called the BJP-led Centre's betrayal of the state and its people
Meanwhile, Kamlochan Kashyap, DIG South Bastar said a joint operation has been planned after getting information about the movement of a group of Maoists in the area.
It happened around 11 am when a youth from Sevdha village came on a motorcycle to the Indian Oil petrol pump in Dulhapur village and asked for a refill worth Rs 100, Superintendent of Police Brijesh Kumar Srivastava said.