I never mentioned that i am comparing any of these to bitcoins . I just wanted you guyz to know how strict our govt is.
Paypal and Bitcoin are completely different in properties. You cannot estimate reaction of govt. from it's treatment to Paypal. More over it was Paypal's decision to not agree to term hence they provide limited service here.Mate BTC is not legal in India as for now .
So Indian exchanges are providing and dealing with something that's illegal is it? Please educate yourself.Probably you dont know how India runs 
Oh enlighten us wise one. They have to pay taxes anyhow , bcoz they are a company
Whats your point here?Its a long run for country that lacks education , literacy , digitalisation .
This does not mean we stop implementing.You seem to be more ignorant and disputing than curious and inquisitive. I choose to not reply further and leave you at your sitch.