In India, every state proposes its own Karnataka Direct selling guidelines PDF and direct selling rules in Karnataka or any other state. Karnataka direct selling rules and guidelines help to commit ethical business practices and monitor periodically. Every direct selling entity in direct selling guidelines Karnataka shall be compliant with these Rules.
In this article, I will be sharing updated Karnataka direct selling guidelines 2022 pdf from officials. Also, list down some key points and rules for direct selling entities and direct sellers.
|new direct selling guidelines karnataka pdf
It is very important to regulate and monitor the direct selling market because it is among the fastest-growing industry for a few decades. Millions of people are employed and earning money, especially women in Karnataka.
In addition, Karnataka women's contribution to this industry is the highest in India.
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Objectives of Direct selling Guidelines in Karnataka 2022
According to Guidelines PDF below are the major objectives of rules imposing on direct selling entities and direct sellers.
Direct Selling Guidelines are issued as guiding principles for regulating the business of Direct Selling and Multilevel Marketing (MLM) and strengthening the existing regulatory mechanism on Direct Selling and MLM, for preventing fraud and ensuring consumer protection. The Advisory envisages that the State Governments, being an enforcing agency has an appropriate mechanism to monitor/supervise the activities of Direct Sellers and Direct Selling Entities.
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Karnataka Direct selling rules
In Karnataka Consumer Protection (Direct Selling) Rules are applicable to all “Direct Selling” and “Multi-Level Marketing (MLM) business running in Karnataka states.
- These rules may be called the “Consumer Protection (Direct Selling) Rules, 2019”.
- These rules apply to the business of “Direct Selling” and “Multi-Level Marketing (MLM)”
- They shall come into force on the date of their publication in the Official Gazette.
Prohibition of Pyramid Scheme and Money Circulation Scheme in Karnataka
- No person or entity shall promote a Pyramid Scheme, as defined in rule 2(1)(k) or enroll any person in such scheme or participate in such arrangement in any manner whatsoever in the garb of doing direct selling business.
- No person or entity will participate in Money Circulation Scheme, as defined in rule 2 (1) (l) in the garb of direct selling of business opportunities.
Similarly, you can find the complete detail of the Direct selling rules in Karnataka in the below PDF.
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Direct selling guidelines Karnataka pdf
In PDF you can find many definitions related to direct selling and terms related to it.
Definition of Act, Prospect, Direct seller, direct selling entities, Network of Direct Selling, Cooling-off Period, Pyramid Scheme, Money Circulation Scheme, and many more important definitions.
In addition, a complete list of documents is to be submitted to government entities and regulators to run business in Karnataka.
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Note: Below Karnataka Direct selling Guidelines PDF is updated on Dec 2020, as the government does not update its rules and guidelines every year. Therefore you can use the same PDF and it can be said as Direct selling guidelines Karnataka PDF with rules.
So, For more information, you can refer above PDF and that's it for this article.
In Conclusion of Direct Selling Guidelines Karnataka PDF
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In short, the PDF provided in this article is a legal and the most updated one. So you can share with your members and groups.