33-652: The Enforcement Directorate (ED) is a law enforcement and economic intelligence agency of the Government of India. Established on May 1, 1956, it is responsible for enforcing economic laws and combating financial crimes. The ED operates under the Department of Revenue, Ministry of Finance , with its headquarters in New Delhi. The ED's primary mandate is to enforce two key laws: the Prevention of Money Laundering Act, 2002 (PMLA) and
66-725: A Special Director. These regional offices oversee the operations of zonal offices located in various cities across India, including Pune, Bengaluru, Chandigarh, Chennai, Kochi, Delhi, Panaji, Guwahati, Hyderabad, Jaipur, Jalandhar, Kolkata, Lucknow, Mumbai, Patna, and Srinagar. Each zonal office is led by a Joint Director. In addition to the zonal offices, the ED has sub-zonal offices in cities such as Mangaluru, Bhubaneshwar, Kozhikode, Indore, Madurai, Nagpur, Allahabad, Raipur, Dehradun, Ranchi, Surat, Shimla, Vishakhapatnam, and Jammu. These sub-zonal offices are headed by Deputy Directors. The ED's organizational structure also includes specialized units such as
99-582: A decision aimed at the proper management of Centre's investments in equity including its disinvestment in central public sector undertakings. Finance Minister Arun Jaitley had announced the renaming of the Department of Disinvestment in his budget speech for 2016–17. Initially set up as an independent ministry (The Ministry of Disinvestment) in December 1999, the Department of Disinvestments came into existence in May 2004 when
132-408: Is also the apex controlling authority of one of the central commerce services namely Indian Cost and Management Accounts Service . Sir Ramasamy Chetty Kandasamy Shanmukham Chetty KCIE (17 October 1892 – 5 May 1953) was the first Finance Minister of independent India. He presented the first budget of independent India on 26 November 1947. The Department of Economic Affairs is the nodal agency of
165-511: Is based on a small number of completed trials. As of January 31, 2023, the ED had registered 5,906 Enforcement Case Information Reports (ECIRs) and arrested 513 persons. However, only a small fraction of these cases have completed trial. In July 2023, data shared by the union government in Parliament revealed that only 31 cases under the Prevention of Money Laundering Act (PMLA) had completed trial in
198-981: Is the current secretary of this department. This department has ownership over the following central government establishments . Presently there are 13 nationalised banks in India. These are government owned scheduled commercial banks of India that operate at regional level in different states. Andhra Pradesh Arunachal Pradesh Assam Bihar Chhattisgarh Gujarat Haryana Himachal Pradesh Jammu and Kashmir Jharkhand Karnataka Kerala Madhya Pradesh Maharashtra Manipur Meghalaya Mizoram Nagaland Odisha Puducherry Punjab Rajasthan Tamil Nadu Telangana Tripura Uttar Pradesh Uttarakhand West Bengal 3. Nationalised Insurance Companies 4. Nationalised Financial Market Exchanges The Department of Disinvestment has been renamed as Department of Investment and Public Asset Management or 'DIPAM',
231-662: The External Affairs Minister Hindi: Videsh Mantri ) is the head of the Ministry of External Affairs of the Government of India . One of the senior-most offices in the union cabinet , the chief responsibility of the Minister of External Affairs is to represent India and its government in the international community. The Minister also plays an important role in determining the foreign policy . Occasionally,
264-663: The Foreign Exchange Management Act, 1999 (FEMA) . Additionally, it is tasked with implementing the Fugitive Economic Offenders Act, 2018 (FEOA) . The Directorate of Enforcement (ED) was established on May 1, 1956, as an "Enforcement Unit" within the Department of Economic Affairs, Government of India. It was created to handle violations of exchange control laws under the Foreign Exchange Regulation Act, 1947 (FERA '47) . Initially,
297-718: The Ministry of Heavy Industries and Public Enterprises was shifted to Ministry of Finance. Resulting in Finance Ministry having six departments while the Ministry of Heavy Industries and Public Enterprises was renamed to the Ministry of Heavy Industries. This shift was carried out to help in efficient monitoring of the capital expenditure, asset monetisation and financial health of the Central Public Sector Undertakings (CPSUs). Minister of External Affairs (India) The Minister of External Affairs (or simply,
330-485: The Department of Economic Affairs, Ministry of Finance, was an inter-ministerial body, responsible for processing of FDI proposals and making recommendations for Government approval. FIPB is now abolished as announced by Finance Minister Arun Jaitley during 2017-2018 budget speech in Lok Sabha. Shri Ajay Seth is the current secretary of this department. The Department of Expenditure is the nodal department for overseeing
363-458: The Directorate was transferred from the Department of Economic Affairs to the Department of Revenue in 1960. Over the years, the ED's mandate expanded. In 1973, FERA '47 was repealed and replaced by FERA, 1973. From 1973 to 1977, the Directorate was under the administrative jurisdiction of the Department of Personnel & Administrative Reforms. With economic liberalization in the 1990s, FERA 1973
SECTION 10
#1732844653076396-532: The Enforcement Directorate operates under the Department of Revenue, Ministry of Finance, Government of India , and plays a crucial role in combating economic crimes and enforcing economic laws in the country. The Enforcement Directorate (ED) is headed by the Director of Enforcement, who is an officer of the rank of Additional Secretary to the Government of India . The Director is responsible for overseeing
429-525: The Government of India. Members of CBDT are as follows: Shri Sanjay Malhotra (IAS) is the current secretary of this department. The Department of Financial Services covers Banks, Insurance, and Financial Services provided by various government agencies and private corporations. It also covers pension reforms and Industrial Finance and Micro, Small and Medium Enterprise. It started the Pradhan Mantri Jan Dhan Yojana . Nagaraju Maddirala
462-582: The Headquarters Office, Coordination, Intelligence, System & Training, Adjudication, and the Special Task Force (STF), each managed by Joint Directors and Special Directors. The Prevention of Money Laundering Act, 2002 (PMLA) provides for the establishment of Special Courts to ensure the speedy trial of offenses under the Act. Special Courts have exclusive jurisdiction to try offenses punishable under
495-410: The Minister of External Affairs is assisted by a Minister of State for External Affairs or the lower-ranked Deputy Minister of External Affairs. India's first Prime Minister, Jawaharlal Nehru , also held the post of External Affairs Minister throughout his 17-year premiership and remains the longest-serving External Affairs Minister. Several other Prime Ministers have since held the additional charge of
528-584: The National Institute of Financial Management (NIFM), Faridabad. The business allocated to the Department of Expenditure is carried out through its Establishment Division, Plan Finance I and II Divisions, Finance Commission Division, Staff Inspection Unit, Cost Accounts Branch, Controller General of Accounts, and the Central Pension Accounting. Manoj Govil is the current secretary of this department. The Department of Revenue function under
561-562: The PMLA. They follow the procedure prescribed in the Code of Criminal Procedure, 1973 (CrPC), for trials before a Court of Session. In several landmark rulings, the Supreme Court of India has clarified the extent of the ED's powers, particularly concerning arrests and custody of accused individuals. The Enforcement Directorate has reported a high conviction rate in money laundering cases, but this figure
594-567: The Treasury of India. In particular, it concerns itself with taxation , financial legislation, financial institutions, capital markets, currency regulation, banking service, centre and state finances, and the Union Budget . The Ministry of Finance is the apex controlling authority of four central civil services namely Indian Revenue Service , Indian Audit and Accounts Service , Indian Economic Service and Indian Civil Accounts Service . It
627-588: The Union Government to formulate and monitor country's economic policies and programmes having a bearing on domestic and international aspects of economic management. A principal responsibility of this department is the preparation and presentation of the Union Budget to the parliament and budget for the state Governments under President's Rule and union territory administrations. Other main functions include: The Foreign Investment Promotion Board (FIPB), housed in
660-531: The agency has been selectively targeting opposition leaders, conducting raids, and making arrests, especially during election periods. In March 2024, 14 opposition parties filed a petition with the Supreme Court alleging misuse of the ED. Senior advocate A M Singhvi, representing the petitioners, argued that the number of politicians investigated by the ED had drastically risen after 2014, with 95% of those investigated belonging to opposition parties. The allegations of misuse have been further fueled by incidents such as
693-570: The agency's operations and reports to the Department of Revenue, Ministry of Finance. The Director is assisted by several Special Directors, Additional Directors, Joint Directors, Deputy Directors, Assistant Directors, and Enforcement Officers. The organizational structure is designed to ensure efficient management and coordination across various regions and functions. The ED's headquarters is located in New Delhi, and it has five regional offices in Mumbai, Chennai, Chandigarh, Kolkata, and Delhi, each headed by
SECTION 20
#1732844653076726-412: The costs and prices of public services, assisting organizational re-engineering thorough review of staffing patterns and O&M studies and reviewing systems and procedures to optimize outputs and outcomes of public expenditure. The department is also coordinating matters concerning the Ministry of Finance including Parliament-related work of the Ministry. The department has under its administrative control
759-665: The current minister Subrahmanyam Jaishankar who retired as the Foreign Secretary . Two other ministers, M. C. Chagla and I. K. Gujral also served as ambassadors, with Chagla serving as India's Ambassador to the United States and High Commissioner to the United Kingdom, while Gujral served as Ambassador to the Soviet Union. The current Minister of External Affairs is Subrahmanyam Jaishankar , who succeeded Sushma Swaraj of
792-668: The expenditure management in the Central Ministries/Departments through the interface with the Financial Advisors and the administration of the Financial Rules / Regulations /Orders through monitoring of Audit comments/observations, preparation of Central Government Accounts, managing the financial aspects of personnel management in the Central Government, assisting Central Ministries/Departments in controlling
825-570: The levy and collection of all Direct taxes are looked after by the CBDT whereas those relating to levy and collection of GST, Customs Duty, Central Excise duties and other Indirect taxes fall within the purview of the CBIC. The two Boards were constituted under the Central Board of Revenue Act, 1963. At present, the CBDT has six Members and the CBIC has five Members. The Members are also ex officio Secretaries to
858-709: The minister of external affairs, but never has any other cabinet minister held additional charge of the office - although during Nehru's premiership V. K. Krishna Menon was acknowledged as de facto Minister of External Affairs beyond his official designation as Defence Minister . There have been a number of external affairs ministers who went on to become the Prime Minister like Atal Bihari Vajpayee , P. V. Narasimha Rao and I. K. Gujral . Two former career-diplomats have served as ministers of external affairs, including K. Natwar Singh (2004–2005) who served as India's Ambassador to Poland and as High Commissioner to Pakistan, and
891-464: The ministry was turned into a department of the Ministry of Finance. The department took up all the functions of the erstwhile ministry which broadly was responsible for a systematic policy approach to disinvestment and privatisation of Public Sector Units (PSUs). Tuhin Kanta Pandey is the current secretary of this department. The Department of Public Enterprises (DPE) which was earlier part of
924-544: The one in August 2023, when Minister of State for External Affairs Meenakshi Lekhi from the Bharatiya Janata Party (BJP) warned opposition members during a parliamentary debate, saying, " keep quiet, or ED may arrive at your home. " Ministry of Finance (India) The Ministry of Finance ( IAST : Vitta Maṃtrālaya ) is a ministry within the Government of India concerned with the economy of India , serving as
957-598: The overall direction and control of the Secretary (Revenue). It exercises control in respect of matters relating to all the Direct and Indirect Union Taxes through two statutory Boards namely, the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC). Each Board is headed by a chairman who is also ex officio Special Secretary to the Government of India (Secretary level). Matters relating to
990-499: The previous nine years. Of these, 29 resulted in convictions, yielding a conviction rate of 93.54%. While this rate exceeds the 57% national conviction rate for offences under the Indian Penal Code (IPC), it is important to note that only 0.52% of PMLA cases have completed trial, compared to 10.5% of IPC cases. The ED has faced accusations of being used as a political tool, particularly against opposition parties. Critics argue that
1023-523: The public financial management system in the Central Government and matters connected with the state finances. The principal activities of the department include a pre-sanction appraisal of major schemes/projects (both Plan and non-Plan expenditure), handling the bulk of the Central budgetary resources transferred to States, implementation of the recommendations of the Finance and Central Pay Commissions , overseeing
Enforcement Directorate - Misplaced Pages Continue
1056-665: The unit was headed by a Legal Service Officer as the Director of Enforcement, assisted by an officer on deputation from the Reserve Bank of India and three inspectors from the Special Police Establishment. The unit started with two branches in Bombay (now Mumbai) and Calcutta (now Kolkata). In 1957, the unit was renamed as the "Enforcement Directorate," and a new branch was opened in Madras (now Chennai). The administrative control of
1089-535: Was repealed and replaced by the Foreign Exchange Management Act, 1999 (FEMA), which came into effect on June 1, 2000. The ED was entrusted with enforcing FEMA. In 2002, the Prevention of Money Laundering Act (PMLA) was enacted, and the ED was given the responsibility of enforcing it from July 1, 2005. More recently, the Fugitive Economic Offenders Act, 2018 (FEOA) was passed, and the ED was entrusted with its enforcement from April 21, 2018. Today,
#75924