Chit Funds: GK, General Studies and Current Affairs

Chit Funds (Amendment) Bill, 2019

The Parliament has passed the Chit Funds (Amendment) Bill, 2019 as the upper house of the parliament, Rajya Sabha on Thursday, 28 November 2019 passed the bill. Earlier this month, at the lower house of ..

Chit Funds (Amendment) Bill, 2019

The Union Cabinet has approved the introduction of the Chit Funds (Amendment) Bill, 2019 in Parliament. If passed and made into a law, the bill aims to substantially lower the compliance requirements on the registered ..

Banning of Unregulated Deposit Schemes Bill

The Union cabinet has approved the Banning of Unregulated Deposit Schemes Bill. The Bill which aims to tackle the menace of illicit deposit-taking activities in the country will replace the earlier promulgated Banning of Unregulated ..