https://www.taxtmi.com/acts?id=36317 The Act defines deposit broadly as money received as advance, loan or otherwise with a promise to return, and lists specific exclusions (bank and public financial institution loans, government or guaranteed receipts, foreign receipts subject to foreign exchange law, partner/relative and buyer credit, certain institutional receipts, political receipts, prescribed self help group or limited collections, and business connected advances). Specified business receipts are excluded but become deemed deposits if refundable after fifteen days or if necessary legal permissions are not obtained. It also defines deposit taker, depositor, Regulated Deposit Scheme, Regulator, and related terms. en-us Wed, 06 Mar 2019 14:17:27 +0530 Fri, 02 Aug 2019 12:42:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=36317 The Act defines deposit broadly as money received as advance, loan or otherwise with a promise to return, and lists specific exclusions (bank and public financial institution loans, government or guaranteed receipts, foreign receipts subject to foreign exchange law, partner/relative and buyer credit, certain institutional receipts, political receipts, prescribed self help group or limited collections, and business connected advances). Specified business receipts are excluded but become deemed deposits if refundable after fifteen days or if necessary legal permissions are not obtained. It also defines deposit taker, depositor, Regulated Deposit Scheme, Regulator, and related terms. Act-Rules Indian Laws Wed, 06 Mar 2019 14:17:27 +0530 https://www.taxtmi.com/acts?id=36317