https://www.taxtmi.com/news?id=3623 An Inter Ministerial Group including financial, corporate, securities, consumer and investigation agencies has been constituted to draft model rules for Multi Level Marketing Companies and to specify prohibited schemes under the Prize Chits and Money Circulation Schemes (Banning) Act; the Group will also frame guidelines to distinguish genuine direct sales from disguised money circulation schemes to support enforcement and consumer protection. en-us Mon, 13 Aug 2012 18:39:05 +0530 Mon, 13 Aug 2012 18:39:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3623 An Inter Ministerial Group including financial, corporate, securities, consumer and investigation agencies has been constituted to draft model rules for Multi Level Marketing Companies and to specify prohibited schemes under the Prize Chits and Money Circulation Schemes (Banning) Act; the Group will also frame guidelines to distinguish genuine direct sales from disguised money circulation schemes to support enforcement and consumer protection. News - Mon, 13 Aug 2012 18:39:05 +0530 https://www.taxtmi.com/news?id=3623