Full Form of ED | ED Full Form | Meaning of ED | About ED
Full Form of ED is Enforcement Directorate: Enforcement Directorate (ED) or board General of Economic social control, may be a specialised monetary investigation agency below the Department of Revenue, Ministry of Finance, Government of Republic of India, chargeable for imposing economic laws and fighting economic crime in the Republic of India.
The Directorate of Enforcement (Hindi: प्रवर्तन निदेशालय) is a law social control agency and economic intelligence agency responsible for implementing economic laws and fighting economic crime in India. it’s a part of the Department of Revenue, Ministry of Finance. It includes officers of the Indian Revenue Service, Indian Police Service and the Indian body Service. The origin of this board of directors goes back to one may 1956, once AN ‘Enforcement Unit’ was shaped, in Department of Economic Affairs, for handling Exchange management Laws violations below exchange Regulation Act, 1947. Within the year 1957, this Unit was renamed as ‘Enforcement Directorate’.
The prime objective of the enforcement directorate is that the social control of 2 key Acts of the govt. of India specifically, the foreign exchange Management Act 1999 (FEMA) and also the prevention of cash lavation Act 2002 (PMLA)
The ED’s (Enforcement Directorate) official web site enlists its different objectives that are primarily joined to checking concealing in India. indeed this can be an investigation agency therefore providing the entire details on property right is against the principles of GOI.
The board of directors of enforcement, with its Headquarters at national capital is headed by the Director of social control. There square measure 5 Regional offices at Bombay, Chennai, Chandigarh, Calcutta and Delhi headed by Special administrators of enforcement.
Zonal Offices of the board of directors are at Ahmedabad, Bangalore, Chandigarh, Chennai, Kochi, Delhi, Panaji, Guwahati, Hyderabad, Jaipur, Jalandhar, Kolkata, Lucknow, Mumbai, Patna and Srinagar. These are headed by a Joint Director.
The board of directors has Sub-Zonal Offices at Bhubaneshwar, Kozhikode, Indore, Madurai, Nagpur, Allahabad, Raipur, Dehradun, Ranchi, Surat and Shimla and Visakhapatnam that are headed by a Deputy Director.