Indian MP proposes raising crypto tax higher than 30%
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Sushil Kumar Modi, a member of Parliament (MP), has urged India’s finance minister Nirmala Sitharaman to consider raising the capital gains tax on crypto income to over 30%, the flat rate scheduled…
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Speaking during the Rajya Sabha session, Aam Aadmi Party (AAP) MP Raghav Chadha raised a critical alarm regarding India’s stance on Virtual Digital Assets (VDAs). He urged the government to legalize crypto assets as a new asset class. Chadha pointed out a glaring systemic paradox: while the government aggressively collects…
Ukraine’s parliament has approved the first draft of a bill that seeks to legalize crypto and introduce a new tax regime on profits from crypto transactions. According to MP Yaroslav Zhelezniak, who shared the update on his Telegram channel, the measure secured 246 votes in favor, signaling strong political support.…