New law to curb unregulated and fraudulent private money lending practices A draft of the ‘Banning of Unregulated Lending Activities’ (BULA) bill was released inviting comments/recommendations from various stakeholders. Bill based on recommendations of a Working Group on Digital Lending constituted by RBI in 2021. Purpose is to ban all unregulated public lending activity i.e….
The post New law to curb unregulated and fraudulent private money lending practices appeared first on The Tax Talk.
