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CHIT FUND BILL
ED case files in poll-bound West BengalThe Enforcement Directorate is actively investigating several money laundering cases across West Bengal. These probes target alleged corrup...- Parliament approves chit funds amendment billThe bill seeks to increase the limits for aggregate fund collections in chit funds to thrice the current limits and allows the chit fund fo...
- Bill introduced to raise cap on chit fund collectionsMinister of state for finance and corporate affairs Anurag Singh Thakur said a government-constituted key advisory group (KAG) and the parl...
- Lok Sabha passes bill to raise chit fund amount by three timesAccording to the bill, it is proposed to raise the maximum chit amount from Rs 1 lakh to Rs 3 lakh for those managed by individuals or less...
- Union Cabinet approves bill to regulate chit funds industryThe bill is aimed at fulfilling the objectives of reducing the regulatory or compliance burden of the registered chit funds industry.
- Parliamentary panel suggests insurance coverage for chit fund subscribers"They have to often resort to high-interest loans from money lenders and the informal sector for this purpose, which creates a huge burden ...
- Government proposes stringent law to check ponzi, unregulated depositsThe Union Cabinet chaired by Prime Minister Narendra Modi today gave its approval to introduce Banning of Unregulated Deposit Schemes Bill,...
- Anti Chit Fund Bill sent for Presidential assentThe West Bengal government, however, accepted five of the six amendments demanded by the centre and in turn the centre too agreed on.
- West Bengal anti-chit fund Bill gets Centre's clearance: Amit Mitra, Finance MinisterThe Centre had earlier cited provisions in the anti-chit fund Act in Tamil Nadu where offenders in such cases could be released on bail aft...
- NDA government approves West Bengal anti-chit fund billThe Centre has approved an anti-chit fund bill passed by West Bengal Assembly in 2013, state Finance Minister Amit Mitra said today.
- Row in West Bengal Assembly over anti-chit fund billMishra told reporters that President has given his assent to anti-chit fund bill but the state government has failed to table it in the Hou...
- West Bengal govt to soon get Centres comments on chit fund bill: P ChidambaramChidambaram said the West Bengal government will soon get comments of the Centre on the bill passed by the state assembly for protection of...
- Odisha to set up fast track courts for chit fund casesFast track courts will be set up to ensure time-bound trial of chit fund cases in Odisha, state Finance Minister Prasanna Acharya said.
- Naveen seeks Presidential assent for anti-chit fund BillNaveen Patnaik today wrote to the Union Home Minister seeking his intervention for an early Presidential assent for anti-chit fund Bill.
- Hit by chit fund scam Mamata Banerjee faces biggest challenge in 2 yrsWith the TMC govt stepping into the third year of its rule, it is facing its biggest challenge amid the multi-crore chit fund scam.
- Parliamentary panel to examine chit fund lawsLeft parties have managed to get the standing committee on finance to examine laws that regulate chit funds so that it can be made more aff...
- Saradha Chit Fund scam: Corporate affairs ministry will help investors recover their money, says Sachin PilotSachin Pilot also said that an inter-ministerial group could be set up for further consultation in the light of new events.
- West Bengal CPI(M) to campaign against chit fundsBuddhadeb Bhattacharjee has announced this at a function of the party mouthpiece "Ganashakti" at a function here.
- Left seeks action against mushrooming chit fund companies in BengalLeft parties today asked the government to take prompt action against the mushrooming chit fund companies in West Bengal.
- Chit funds popular among self-employed and salaried class: IFMR StudyChit funds, the age old form of finance, are said to be popular among the low income groups, self employed and salaried class.
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