Odisha Government extended the deadline for chit fund scam refunds to small depositors until January 31, 2026.

The Andhra Pradesh High Court held that interest and penalty collected by chit fund companies from defaulting subscribers for ...

The Supreme Court held that a chit subscriber incurs a present debt payable in installments, allowing recovery of future subscriptions upon ...

Andhra Pradesh and Kerala High Courts clarify that interest on delayed chit instalments is compensatory and not taxable under GST, leaving only the foreman commission ...

BENGALURU: Mysore Sales International Ltd (MSIL) announced its plans to transform the chit fund sector through complete digitisation and rapid expansion. At the inaugural ‘All India Chit Funds Summit ...

Hyderabad: Central Crime Station (CCS) sleuths registered a cheating case on Dec 15 against chit fund operator Hatty ...

India's traditional 'chit fund' system of banking by small self-help groups may meet the health needs of the country's 1.4 billion people better than private health insurance companies, which only ...

Chennai: Central Crime Branch (CCB) has arrested two persons, including a company director, for defrauding investors of more than 2.4 crore through a chit fund firm operating in Arumbakkam.Police said ...

The Securities and Exchange Board of India (SEBI) dealt with a mix of investor protection measures and enforcement actions this week, ranging from new UPI validation tools to an old chit-fund operator ...

A bench comprising Chief Justice B R Gavai and Justice K Vinod Chandran on Monday took note of the vehement submissions of Solicitor General Tushar Mehta, appearing for the CBI, and posted the matter ...

The senior IPS officer was granted anticipatory bail on October 1, 2019 and has not been called by the CBI for investigation even once during the last six years by the CBI, according to his counsel.