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kumar polu (sr. accountant)     29 September 2014

Legal or illegal business

Dear All,

 

I have One Question Give Me  Answer. My Friend Going To Start Online Shopping Business.

He is Provide Services Like : - Recharges / Tours & Travels / Online Shopping / Movie Ticket Booking.

He Want develop The Business Through Matrix Plan ( Affiliate Market ). It Mean Introduce To New Customer In Business.

He is Charge Rs.100.00 For Sign Up In Site.  He Is Distribute To Customer Rs.65.00 By Cash, Rs.15.00 By Shopping Point & Rs.20.00 Site Maintaince Charges keeping.

His Main Business is Commission Earn From Recharges / Tours & Travels / Online Shopping / Movie Ticket Booking. ( Customers Shopping Points Redeem On Him Sites Only ).

In This Business Not Have Any Fraud & Losses of Customer.

Please Tell Me This Business is Legal Or Illegal as per Government Rules.



Learning

 2 Replies

Sunil S Nair (lawyer)     08 October 2014

There is nothing illegal as for the information mentioned given by you

kumar polu (sr. accountant)     08 October 2014

Thank You Sir


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