Currently, India's tax on crypto is at 30%. But now, an Indian parliament member says crypto is like gambling and must be taxed at a very high rate, such as 50%.
50% ! half ain't this way too much?
Sushil Kumar Modi made it to the headlines before when he urged the Indian government to impose more than 30% tax on crypto income and he is now once again trying to urge the government to raise it to 50%
