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Whether running website for online money transaction legal in India


11-Apr-2023 (In Startup Law)

I want to setup a website like dream11.com in india. The site shall have some online money transactions to be made and thus my question is whether running such a site is legal in India?

Answers (1)

Answer #1
104 votes

The transaction of money online is legal in Indian. It has to be done according to the guidelines issued by the Reserve Bank of India.

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