Foriegn Exchange Trade

This query is : Resolved 

01 June 2011 Dear sir,
A small group of individuals wants to start a business of FOREX TRADING using own funds(Objects of the company- Equity trading, FOREX TRADING & consultancy services) by contributing RS 50,000

Whether any permission required by any authority like RBI under FEMA or Money Laundering Act?

01 June 2011 MR. Veerendra can be be a little more elaborative!



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