30% income tax or capital gain? I haven't got the detailed tax plan, and I'm not knowledgeable in India's tax policy. Based on quick googling, however, 30% rate is the highest for income > Rs. 15 Lakhs. That's expensive! Another case if your income is < Rs 2.5 Lakhs, it should be 0% tax, but if your source of income is crypto, you'll get 30% tax?! That's not fair IMO.