HomeIndiaED Full Form and What are the Functions and Powers of ED?

ED Full Form and What are the Functions and Powers of ED?

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Somewhere in news channels and newspapers, one can hear the name of ED being read. ED raided the house or office of a leader, businessman, ED started an investigation in the case of disproportionate assets, questioned a businessman or leader etc. The news comes every day. So the question arises that what is ED after all? ED Full Form?

If you want complete information about ED, read this post completely because what are you ED in this post? ED Full Form and What are the functions and powers of ED? You will get answers to the questions etc.

ED Full Form

The full form of ED is the ‘Directorate of Enforcement’. It is also called Enforcement Directorate. It is known as the ‘Enforcement Directorate’. It is a specialized financial investigation agency.

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What is ED (Enforcement Directorate)?

The ‘Directorate of Enforcement’, known as the Enforcement Directorate, is a specialized financial investigation agency working under the Department of Revenue, Ministry of Finance, Government of India.

The Enforcement Directorate (ED) is a law enforcement agency and economic intelligence agency that enforces economic laws in India. These economic laws are as follows –

  1. Foreign Exchange Management Act,1999 (FEMA)
  2. Prevention of Money Laundering Act, 2002 (PMLA)

If a citizen violates the Foreign Exchange Management Act, 1999, and the Prevention of Money Laundering Act, 2002, the ED has been given the power to investigate and arrest him.

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Officers selected from the Indian Revenue Service, Indian Corporate Law Service, Indian Police Service and Indian Administrative Service work in this specialized financial investigation agency.

What is the job of ED? Functions and Powers of Enforcement Directorate

The main function of the ‘Directorate of Enforcement’ investigation agency is to investigate cases related to illegal or suspicious foreign exchange remittances into India from abroad and illegal currency remittances from India abroad, money laundering, black money related cases. Huh.

The ED is empowered to prosecute, investigate and arrest all those guilty or accused of violating the Foreign Exchange Management Act, 1999 and the Prevention of Money Laundering Act, 2002.

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When was ED (Enforcement Directorate) formed?

This Directorate was formed on 1st May 1956; then it was named ‘Enforcement Unit’. But then, in 1957, the name of this unit was changed to Enforcement Directorate.

Where is the headquarters of ED (Enforcement Directorate) located?

The headquarters of ED (Directorate of Enforcement) is located in New Delhi. Apart from this, there are also the regional offices of the Directorate of Enforcement which is located at:

Regional Offices – Mumbai, Chennai, Chandigarh, Kolkata, Delhi.

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The Regional Offices of ED are located at Ahmedabad, Bangalore, Chandigarh, Chennai, Kochi, Delhi, Panaji, Guwahati, Hyderabad, Jaipur, Jalandhar, Kolkata, Lucknow, Mumbai, Patna, Srinagar.

Role of ED (Enforcement Directorate) in reducing corruption in India

ED (Enforcement Directorate) has a vital role in reducing corruption in India. This special agency discharges its duties properly. By conducting a fair investigation against the culprits involved in serious cases related to money laundering and black money.

What are your ED (Enforcement Directorate) in this postWhat is ED Full Form? What are the functions and powers of ED? Received related information. If this post has proved useful to you, then do share it on social media. You can comment for any information.

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Ashish Kumar Mishra
Ashish Kumar Mishrahttps://www.spotnews18.com/
Ashish Kumar Mishra is the Founder and CEO of Spot News 18. He created Spot News 18 on 30 June 2019. His intention in making these News Websites was only to provide correct and official news to his readers. Now, he is working on Spot News 18 to expand his website's reach to all parts of the world.

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