Hi

Finally Jaitley said "The government does not consider cryptocurrency as legal tender and will work towards eliminating illicit transactions going on through crypto assets," says Finance Minister Arun Jaitley"

http://www.news18.com/news/business/budget-2018-live-updates-presidents-salary-up-to-rs-5-lakh-a-month-veep-to-get-rs-4-lakh-per-month-1647303.html

Now who is going to ask tax for it then ?