QNet has 'big plans' for India, wants regulatory clarity

Global direct selling major QNet says it has "big plans" for India but needs clear-cut norms that differentiate genuine direct-sellers from those involved in illicit investment schemes.

Malaysia-based QNet's Global CEO Trevor Kuna emphasised that it sells products and services and not into "investment business" and said it has been paying all its taxes and all their payments have been made after deduction of taxes and that too through non-cash modes with full documentation and transparency.

The group and its Indian franchisee has been facing several legal cases in India and has been accused of indulging in fraudulent business activities -- the charges which it has been refuting consistently.

"We do have big plans for India, but like many other companies we are waiting and watching how the implementation of the guidelines unfolds on the ground," Kuna told

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)