Three punches in a row.
First, GST on online gaming jumped to 28% on deposits. Dream11 took the hit and rebuilt the business.
Then the government banned real-money gaming. They took the hit again and pivoted to sports and stocks.
Today, the courts upheld retrospective GST — paying tax on years of past operations under rules that didn't exist at the time.
No company survives a third punch like that. It will wipe out the whole industry.
@harshjain85 and the @Dream11 team built something super special. They complied with every rule, always looked after their users, absorbed every increase, and never asked for sympathy. Just kept building.
What got upheld today doesn't punish bad actors. It punishes builders.
The silence on Twitter is the most depressing part of all this. I really hope the government reconsiders — there is still a way to save this industry and the people who built it.
Congratulations Mumbai
1- Two Coaches to be added to Andheri-Ghatkopar Metro1 Line
2- 4k BEST Buses to be added to city routes
3- Virar local trains to be run every 5 mins, instead of 15 mins
4- Political convoys will no longer block traffic
4 Game Changers for My Mumbai
They’ve just handed out another sandwich. It's disgusting.
Some sort of cabbage and mayonnaise debacle.
I don't know how they think this is acceptable.
Hi @HDFCLIFE there's a scam happening right now and I'm trying to reach out to you to report it. I'm stuck between voice messages and AI assistant on whatsapp. Are there any humans I can talk to?
I'm sure the reply to this message will be automated.
My policy on new resolutions in 2026 is this: I am not making any resolutions this year, I am letting the year make the resolutions. Am lumping the responsibility completely on 2026 - you do the work, you be a good year