foreign exchange foreign exchange

Is binary option trading legal in India if funds are deposited with the overseas party and transactions done in USDT

2 Response(s)

Posted 6 days ago


A. Dear Client,

Binary trades are not permissible under the Foreign Exchange Management Act (FEMA). According to the Reserve Bank of India's Liberalized Remittance Scheme, a person cannot use the money transferred abroad for speculative purposes or to provide margin money for trading.

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Stock market trading fraud Stock market trading fraud

Can I complaint on private stock market broker for loss money

2 Response(s)

Posted 1 week ago


A. Dear Sir,

Yes, but if he is registered stock broker then you have no case. If you have white money never go for stop market trading business, it is my sincere advise.

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About dhani loan About dhani loan

Dhani send me massege सुनवाई की सूचना!!! प्रिय NAVEEN KUMAR , अधिवक्ता को 23-Apr-22 , 10 Am to 5 PM को Gopal Prasad Gupta Dist & session

2 Response(s)

Posted 1 month ago


A. Dear Sir,
You may attend pre-litigation in the Hon’ble District and Sesssions Judge and get it settled out by claiming two months time.

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Crowdfunding in an foreign company from India Crowdfunding in an foreign company from India

I am planning to participate in an online crowdfunding campaign in the UK. I understand the risk of investment by crowdfunding. I want to understand is it legal? Because as per The Financial and Regul

4 Response(s)

Posted 1 month ago


A. Dear Sir,

The answer is, “Yes!”, Online Crowdfunding and Online Fundraising is legal in India. Ketto provides a Safe, Reliable & Simplified method of Raising Funds Online through its Online Crowdfunding Platform.

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IS INVESTMENT IN MUTUAL FUNDS A RELATED PARTY TRANSACTION? IS INVESTMENT IN MUTUAL FUNDS A RELATED PARTY TRANSACTION?

Is investment in mutual funds considered a related party transaction, post the latest amendment of the Listing Obligations & Disclosure Requirements (LODR)? Explain why or why not.

1 Response(s)

Posted 3 months ago


A. Dear Client,
SEBI has notified the SEBI (Listing Obligations and Disclosure Requirements) (Sixth Amendment) Regulations, 2021. Amendment has been made to the definition of ‘Related party’ and ‘related party transactions. The amendment provides that any person or entity forming a part of the promoter or promoter group of the listed entity, or any person or any entity, holding equity shares – (i) of 20% or more or (ii) of 10% or more, w.e.f. April 1, 2023, in the listed entity either direc ...ReadMore

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Bajaj finance fraud Bajaj finance fraud

Kiya mein Bajaj Wale jabardasti loan dete hai aur threat karein toh mujhe koi help mil Sakti hai. Legally because I need really help , because mein kisi ko bhi nhi janti jisse help ho paye

2 Response(s)

Posted 3 months ago


A. Dear Client,

As per the facts mentioned, if the loan was given forcefully you shouldn't have used it and filed a suit immediately. As of now, you can file a complaint in the police station against the harassment.

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Bajaj legal department torturing for settle ment Bajaj legal department torturing for settle ment

Last one year not paid my emi . Bajaj legal team asked to pay as a settlement. But now I am ready to pay as a emi. They are not accept to pay as a emi only ask me to pay settlement how can I resolve t

2 Response(s)

Posted 3 months ago


A. Dear Client,

As per the facts mentioned, you can lodge a complaint at the nearby police station for harassment.

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Jail for Dues Jail for Dues

Can I get jail on not paying Rs7500 dues on me.

2 Response(s)

Posted 3 months ago


A. Dear Sir,
You need not worry because for such small amount they cannot be any jail but it can be recovered by attaching your movables. But, before getting such order from the Court it is very difficult.

I could have explained more if background is known to me. You are supposed to give more details to get detailed answer.

Please be inform that free questions deserves to be attended on priority basis so be brief but disclose summary of your case.

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CHIT FUND ISSUE CHIT FUND ISSUE

We taken 5Lakhs Chit in An Private company I think my father paid and cleared the loan...payment collected by two agents from the company as we think it was completed my father passed away 1 year back

4 Response(s)

Posted 5 months ago


A. Dear Sir,
Let them go to Civil Court you will win the case as per recent amended provisions of law. Either son or daughter not liable to discharge the liabilities of father if they are unsecured.
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'Pious obligation' means the moral liability of sons to pay off or discharge their father's non-avyavaharik debts. ... The ancient doctrine of pious obligation was governed by Smriti law. There is a pious obligation on the sons and gra ...ReadMore

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Tax on earnings from stock market Tax on earnings from stock market

am a student pursuing undergraduation.my age is 19.my question is do I need to register myself for paying tax or filing ITR is compulsory for my some earnings from stock market .As I don't have fixed

2 Response(s)

Posted 9 months ago


A. Hi,
There are three major taxes that are levied on stock market investors: Securities Transaction Tax, Capital Gains Tax, and Dividend Distribution Tax. You can get details of the requirements from the official website.
Please rate my answer
Thank You

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Latest Response 9 months ago
Ayantika Mondal @ Prime Legal

Ayantika Mondal @ Prime Legal

Other Responses
Advocate  Anik

Advocate Anik

Bangalore