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Today we will know is network marketing legal in india?
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Mlm as direct selling or network marketing is legal.
Multilevel marketing (mlm) involving only money . Hence, under the direct selling guidelines, 2016 and the prize chits and money circulation schemes (banning) act, 1978, such network marketing . Mlm as direct selling or network marketing is totally legal. Network marketing, as well as multilevel marketing in india, is legal however, there are few exceptions. Multilevel marketing (mlm) is a monetary strategy used by direct sales. Money circulation mlm wherein there is no real product involved is illegal. What is the law for setting up multi level marketing company india? However, money circulation mlm wherein there is no real product involved is illegal . There is no separate law in india that governs the registration or setting . Network marketing is based on the direct selling formula. Many mlm schemes are legal but there are illegal operations that are run as . Mlm as direct selling or network marketing is legal. Everything you want to know about direct selling guidelines 2016.
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