Highlights

  • Build rockets rather than gaming companies: Anupam Mittal
  • Move will murder the gaming industry: Ashneer Grover

Latest news

Asus Pad T3201 Review: OLED Brilliance Meets Everyday Mid-Range Power

Asus Pad T3201 Review: OLED Brilliance Meets Everyday Mid-Range Power

Qualcomm Showcases Snapdragon 8 Elite Gen 6 Chips At IMC 2026, Teases New Flagships

Qualcomm Showcases Snapdragon 8 Elite Gen 6 Chips At IMC 2026, Teases New Flagships

Shokz Diwali Sale Brings Discounts On Open-Ear Headphones Across Amazon And Flipkart

Shokz Diwali Sale Brings Discounts On Open-Ear Headphones Across Amazon And Flipkart

iQOO 16 Confirmed For India With Snapdragon 8 Elite Extreme Gen 6 And OriginOS 7

iQOO 16 Confirmed For India With Snapdragon 8 Elite Extreme Gen 6 And OriginOS 7

ASUS Announces Festive Discounts Across Laptops, Gaming PCs And Tablets

ASUS Announces Festive Discounts Across Laptops, Gaming PCs And Tablets

Priyanka Gandhi lies on ground, Rahul detained as Delhi Police stop INDIA bloc MPs' Jantar Mantar march

Priyanka Gandhi lies on ground, Rahul detained as Delhi Police stop INDIA bloc MPs' Jantar Mantar march

Emotion, tears as Messi retires from Argentina national team

Emotion, tears as Messi retires from Argentina national team

Rajpal Yadav tells CJI Surya Kant his legal troubles inspired film title ‘Solah Sawan Jhel Ke’

Rajpal Yadav tells CJI Surya Kant his legal troubles inspired film title ‘Solah Sawan Jhel Ke’

28% GST on online gaming: After Ashneer Grover, Anupam Mittal slams the move

Entrepreneurs Anupam Mittal and Ashneer Grover lash out at the decision to levy 28% of GST on online games

28% GST on online gaming: After Ashneer Grover, Anupam Mittal slams the move

Shaadi.com founder and Shark Tank India judge Anupam Mittal has slammed the GST council for levying 28% tax on online games, casinos and horse racing. He took to Twitter and wrote that entrepreneurs should now build rockets rather than gaming companies. He also took a dig at the rising tomato prices asking users to invest in tomato rather than cryptocurrency.

Anupam Mittal
@AnupamMittal
Latest lessons - stop gaming, start building rockets, move money from crypto to tomatoes

Earlier, entrepreuner and former Shark Tank Judge, Ashneer Grover also lashed out at the council and said that the move will murder the gaming industry. He also added that start-up founders must enter politics.

"It was good fun being part of the fantasy gaming industry - which stands murdered now. $10 Bn down the drain in this monsoon. Time for startups Founders to enter politics and be represented - or this is going to be spate industry after industry," Grover said.

Grover had recently launched a fantasy gaming named Crickpe which allows users to create virtual team of cricketers based on their current forms.

The All India Gaming Federation also called the move "unconstitutional, irrational, and egregious".

Frequently Asked Questions

28%

ADVERTISEMENT

Up Next

28% GST on online gaming: After Ashneer Grover, Anupam Mittal slams the move

28% GST on online gaming: After Ashneer Grover, Anupam Mittal slams the move

Sensex falls 429 points, Nifty slips 173 points after RBI rate hike

Sensex falls 429 points, Nifty slips 173 points after RBI rate hike

RBI raises repo rate by 25 bps to 5.50%, shifts policy towards tightening

RBI raises repo rate by 25 bps to 5.50%, shifts policy towards tightening

GST rates likely unchanged as 57th Council meeting focuses on reforms

GST rates likely unchanged as 57th Council meeting focuses on reforms

Sensex gains 685 points, Nifty rises 220 points to cross 22,700

Sensex gains 685 points, Nifty rises 220 points to cross 22,700

Sensex gains 473 points, Nifty rises 134 points as markets stage recovery

Sensex gains 473 points, Nifty rises 134 points as markets stage recovery

ADVERTISEMENT

editorji-whatsApp

More videos

India To Grow 7% In FY27, Next Growth Phase Hinges On Infra, Deeper Capital Markets: S&P Global

India To Grow 7% In FY27, Next Growth Phase Hinges On Infra, Deeper Capital Markets: S&P Global

Sensex Falls 49 Points, Nifty Slips 96 As Selling Pressure Returns

Sensex Falls 49 Points, Nifty Slips 96 As Selling Pressure Returns

Sensex falls 243 points, Nifty slips 64 points as foreign outflows and crude prices weigh

Sensex falls 243 points, Nifty slips 64 points as foreign outflows and crude prices weigh

India launches anti-dumping probes into 7 Chinese products, including key pharma ingredients

India launches anti-dumping probes into 7 Chinese products, including key pharma ingredients

Sensex crashes 1,124 points, Nifty falls 1.56% as crude surges above $107

Sensex crashes 1,124 points, Nifty falls 1.56% as crude surges above $107

Sensex Rises 315 Points, Nifty Gains 77 as Markets Recover After Sharp Sell-Off

Sensex Rises 315 Points, Nifty Gains 77 as Markets Recover After Sharp Sell-Off

Sensex Crashes 1,248 Points, Nifty Falls 1.64% Amid Global Cues

Sensex Crashes 1,248 Points, Nifty Falls 1.64% Amid Global Cues

Sensex, Nifty End Higher As Domestic Growth Signals, Softer Crude Support Sentiment

Sensex, Nifty End Higher As Domestic Growth Signals, Softer Crude Support Sentiment

UPI Payments In Uzbekistan: Indian Travellers To Get QR-Based Payment Option

UPI Payments In Uzbekistan: Indian Travellers To Get QR-Based Payment Option

India’s Q1 GDP Growth Hits 7.8%, Beats RBI Estimate

India’s Q1 GDP Growth Hits 7.8%, Beats RBI Estimate

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.