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Regulation of Multi-Level Marketing Companies.

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..... Regulation of Multi-Level Marketing Companies. - News and Press Release Dated:- 13-8-2012 - News - Press Information Bureau Government of India Ministry of Corporate Affairs 13-August-2 .....

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..... 012 17:59 IST Regulation of Multi-Level Marketing Companies Government is aware of a number of multi-level marketing companies operating in the country are disguised as those selling products b .....

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..... ut they are inherently operating money circulation scheme. Some complaints have been received, in the light of which, the Government, in Department of Financial Services, has constituted an Inter- Min .....

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..... isterial Group consisting of representatives from Department of Financial Services, Ministry of Corporate Affairs, Reserve Bank of India, Securities Exchange Board of India, Department of Consumers Af .....

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..... fairs, CIEB (Department of Revenue) and SFIO to (i) Draft Model Rules on the Multi Level Marketing Companies and on the prohibited scheme under the prize Chits and Money Circulation Schemes (Banni .....

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..... ng) Act, 1978. (ii) Frame clarificatory guidelines on how to distinguish between genuine direct sales from disguised money circulation scheme. This information was given by Minister of State for C .....

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..... orporate Affairs Shri R.P.N. Singh in reply to a written question in the Rajya Sabha today. ***** ST - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - .....

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..... taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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