Accepting payments in USD, in India

Is it legal for an individual?

[alkuma]

Is it legal to accept payments, as an individual, for services rendered, in us dollars?
The payments would be credited to a Rupee savings account in India, in an Indian bank.
The transfer is by wire, and the bank converts the Dollars into Rupees at the time of the credit.

[caran1]

what is the amount? for smaller amounts, it is fine

[Matt Probert]

Of course it's legal!

No third world country objects to receiving US dollars, it's getting them in the first place they find difficult!

Matt

[alkuma]

The amounts are less than a thousand dollars monthly.
What amounts are *not* acceptable?

[vik_c]

No third world country objects to receiving US dollars, it's getting them in the first place they find difficult!

I didn't get the 'third world countries' bit. What about UK/ France/ Germany/ Switzerland. Do they object to receiving US dollars?