The Lower House of the Parliament, Lok Sabha has passed a bill to amend the Chit Funds (Amendment) Bill, 2019. The Chit Funds (Amendment) Bill, 2019 was introduced in Lok Sabha on August 5, 2019. The Bill seeks to amend the Chit Funds Act, 1982. The 1982 Act regulates chit funds and prohibits a fund […]
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