Enforcement Directorate (ED)

  • It is economic intelligence and law enforcement agency responsible for enforcing economic laws and fighting economic crime in India.
  • It functions under aegis of Department of Revenue, Union Ministry of Finance.
  • Its prime objective is enforcement of two key Acts of Government of India namely:
    • Foreign Exchange Management Act 1999 (FEMA) and
    • Prevention of Money Laundering Act 2002 (PMLA)
to check money laundering by curb black money and hawala trade cases.
  • It is composed of officers from the Indian Revenue Service, Indian Police Service and the Indian Administrative Service.
  • It was established in 1956 as ‘Enforcement Unit’ in Department of Economic Affairs.
  • It is headquartered in New Delhi.