Bitcoin To Be Taxed Like Gold In India?

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I think its a bad idea. What do you think?

India is tabling ideas on how to integrate Bitcoin into the country's regulations and, with banning it being an unpopular option, it seems that a goods-and-services tax may be slapped on instead.

Read more here: https://cointelegraph.com/news/bitcoin-to-be-taxed-like-gold-in-india

and here: http://www.coindesk.com/report-indian-government-considers-tax-bitcoin-purchases/

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Bitcoin To Be Taxed Like Gold In India? | Ecency