New Delhi [India], Nov 20 (ANI): The Lok Sabha on Wednesday passed a bill that seeks to reduce the compliance burden of the registered chit funds and inserts 'fraternity fund' and 'rotating savings and credit institution' among the names, which may be used to refer to chit fund.
New Delhi [India], Nov 18 (ANI): The Lok Sabha on Monday took up discussion on a bill that seeks to reduce the regulatory or compliance burden of the registered chit funds industry as well as protecting the interest of the chit subscribers.
New Delhi [India], July 31 (ANI): The Union Cabinet on Wednesday approved the introduction of Chit Funds (Amendment) Bill, 2019 in Parliament, in order to fulfil the objectives of reducing the regulatory or compliance burden of the registered Chit Funds Industry as well as protecting the int