Bitcoin Why not legal in last 5 year in India?

What do people guess?

:Bit coin, these word may be know every one.but many people don't know that what is bitcoin actually?
And for what purpose introduced the barrier of money transfer from one country to other country. Today bitcoin has made space like a big investment company.
Bitcoin has become a business escapially in last 5year..

Bitcoin is not legal in India ,yet many people trade it.

According to a report ,till June ,2017 10% percent of the world's total trending accounts were active in Indian accounts .

To take tax on a rule bitcoin's investment The government will issue guidelines for investing in bitcoins. foreign exchange management act will be imposed on sending or receiving of two bitcoin between two countries