government should increase the tax on crypto income from the current proposed rate of 30%, this is what an Indian parliament member urges. He is stressing that crypto is similar to gambling.
Parliament member Sushil Kumar Modi asked the government Monday to increase the tax on cryptocurrency income from the current rate of 30%. He said:
"I would like to request the finance minister that the 30% tax that you have imposed on crypto, please consider in the coming days if this tax can be further increased."
