From types to tax, a cryptocurrency primer

How is cryptocurrency taxed in India?

In India, the Central Board of Direct Taxes has no rules on pay impose for benefits on the offer of cryptocurrency. In any case, if bitcoins have been acquired as speculation, any benefit on special can be reserved as capital additions, experts say.
How does the crypto-economy compare with real ones?
Correlation of market capitalisation of digital money with wide cash (add up to cash in an economy) hurls fascinating actualities about the size of this economy. Wide cash incorporates add up to cash kept in banks, nonbank budgetary foundations, state and nearby governments, non-monetary open undertakings, and the private area. In spite of the fact that the crypto-economy is considerably littler than that of China and the US however it is genuinely tantamount with different economies. For example, it is more than one fourth the measure of India's aggregate cash with general society or in the banks.