Latest Breaking News On - Money circulation scheme - Page 4 : comparemela.com

Synopsis This is for the first time such draft rules have been framed, which specify that these entities will be barred from charging any entry or registration fee from agents. TNN (This story originally appeared in on Jul 05, 2021)Direct selling companies such as Amway, Oriflame, Tupperware and similar entities in India will now have to comply with regulatory norms. The consumer affairs ministry has issued draft rules for their mandatory registration and has also proposed mechanisms to protect the direct sellers or agents and make the companies accountable to their consumers. This is for the first time such draft rules have been framed, which specify that these entities will be barred from charging any entry or registration fee from agents. They can’t charge for the cost of equipment and materials for sales demonstrations from their agents as well.

Consumer protection actPyramid schemeMoney circulation schemeநுகர்வோர் ப்ரொடெக்ஶந் நாடகம்