Chandni Ansari06 May, 2025Business
Unregulated Deposit Schemes And Chit Funds (Amendment) Bill, 2018 Recently, the Union cabinet has given its nod to table The Banning of Unregulated Deposit Schemes and Chit Funds (Amendment) Bill, 2018 in the Parliament, in order to curb, fraudulent deposit/ Ponzi schemes which had collected and laundered huge amounts of money from large section of people, exploiting their finances and greed for quick and high return.
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