the Indian government exploits the way they really can fill crypto, but what else can Indian dealers do? It's a shame that you can not openly exchange crypto in your own country and you have to go back to other expensive routes just to exchange. This will hamper the development of the crypto in the country rather than the legislature that takes advantage of the task.
This is actually bad for both investors and the government. All the investors will not be able to do this and government will not get more tax on crypto profits.