Altcoins Talks - Cryptocurrency Forum

Further Discussions => Legality & Taxation of Cryptos => Topic started by: sirty143 on April 07, 2022, 01:05:34 PM

Title: Indian Parliament Member Insists Crypto Is Like Gambling — Wants to Tax at 50%
Post by: sirty143 on April 07, 2022, 01:05:34 PM
Indian Parliament Member Insists Crypto Is Like Gambling — Wants to Tax at 50%

(https://i.imgur.com/Hacinlvm.jpg)

An Indian parliament member says crypto is like gambling and must be taxed at a very high rate, such as 50%. “We need to discourage and disincentivize” trading and investing in the asset class... See more for yourself here (https://news.bitcoin.com/indian-parliament-member-insists-crypto-is-like-gambling-wants-to-tax-at-50/).

Your opinion is greatly appreciated.