The Ministry of Consumer Affairs, Food and Public Distribution has issued the draft Consumer Protection (Direct Selling) Rules, 2021. The draft rules propose to ban direct selling entities to offer pyramid scheme and money circulation scheme. Also direct selling entities have to register with the Department for Promotion of Industry and Internal Trade (DPIIT) for allotment of registration number. The norms proposes that direct selling entity shall have atleast one office in India.The Ministry of Consumer Affairs, Food and Public Distribution has issued the draft Consumer Protection (Direct Selling) Rules, 2021. The draft rules propose to ban direct selling entities to offer pyramid scheme and money circulation scheme. Also direct selling entities have to register with the Department for Promotion of Industry and Internal Trade (DPIIT) for allotment of registration number. The norms proposes that direct selling entity shall have atleast one office in India.taxmann.com Latest Statutory HappeningsRead More
