Today, in anthropological research, ethics has become more relevant, more meaningful as well as structured in nature. In USA, specially after World War II, American Anthropological Association enacted code of ethics for anthropological research. However, in India, we have no such ethical guidelines from any of the association of anthropology; rather promote a space where researcher can create and evolve their own code of ethics. Ethical issues for anthropologists are manifold- their relations with research participants, with institution and colleagues, with own and host government and with society and funding agency of the project. Among these, the first one is most important, and present paper intends to identify ethical issues related with research participants; which includes informed consent, privacy, confidentiality, vulnerability, risk-benefit, deception, compensation and so on. The present work also intends to identify issues for which anthropologists criticize some components of bioethics because of their abstract principles derived from arm-chair philosophy, ethnocentric view and lack of cross-cultural analysis for that they prepare a readymade ethical code of conduct which may differ significantly from culture to culture.