In the view of Indian Governtment Bitcoin is Legal. Means if we trade Bitcoin from India is there any legal issues?
Right suggestion only.
Yes bitcoin is still legal in India,but there is a serious discussion going on Indian government for regulating the bitcoins because Indian government realized that many people from India are earning huge money through crypto currency but no one is paying taxes for that income.Recently a central minister address about this issue in parliament.Since that there are lots of rumors created that India banned bitcoins but not yet maybe soon we have the official announcement from the Indian government.
Thanks for your comments and I knew that If I trade Bitcoin from India I won't be criminal or I won't do any job against Law. Here I mentioned that I want to pay tax if I trade Bitcoin and what is the process.