As we know that there is no any specific guideline to regulate cryptocurrency in India so there is no space for paying tax on profit gains on cryptocurrency now. But the Indian government is expected to bring the strict rule and guideline to regulate cryptocurrency in India soon. But as of now, there is no provision of any taxation on cryptocurrency regulation in India.
If you are planning to invest in cryptocurrency, it is the best time as all the token prices are low and there is no tax-related guidelines as of now. You can now choose the best coin to invest in now to start your crypto investment journey.