I got 1 lakh rupees by converting bitcoin to INR in paypal, do I need to pay tax if I transfer it to my bank account in India?

The exchanges in bitcoins can be burdened as:

Business pay, or

Capital Gains

visit here to exchange bitcoin to paypal

In the event that you're selling in India and you are an occupant of India, at that point the benefits that you procure in India will be available in India. You will pay burdens just on a lot of benefits. The net benefit acquired will be considered as business pay and you should pay annual expense according to your chunk.