ED Full Form: What are its work?: Often you will read and hear about ED raids in news channels and newspapers. Where the raid-like action has been taken by the ED in a case related to keeping disproportionate assets in the office or house of a big businessman or leader.
It would be very interesting if this news were there, but if you do not know about ED and its related work, then it would seem beyond your understanding. In such a situation, the question arises that what is ED and what is its full form.
We have given you the information in our previous article that NCB Full Form: What is NCB? At the same time, today we will give you information that what is ED.
ED Full Form
Before knowing about ED, you need to know that what is the full form of ED. Let us tell you that the full form of ED is the Enforcement Directorate.
It is known as Enforcement Directorate. It is a specialized financial investigation agency of India, which functions under the Department of Revenue, Ministry of Finance, Government of India.
Officers selected from the Indian Revenue Service, Indian Police, Indian Administrative Service, and Indian Corporate Law Service work in this specialized agency.
Other ED’s Full Forms
Just as the word has many full forms, similarly ED also has many full forms in different fields. Through the table, we are telling you about the new full form of ED.
- Economic Development
- Effective Date
- Emergency Department
- Early Death
- English Department
- Environmental Damage
- Early Deployment
- Eating Disorder
- Effective Dose
- Extremely Disappointing
- Enterprise Development
- Every Day
What is ED?
As we informed you the Enforcement Directorate is a special financial investigation agency working under the Department of Revenue, Ministry of Finance, Government of India.
It is also known as the Law Enforcement Agency and Economic Intelligence Agency of India. ED enforces economic laws in India.
These laws include the Foreign Exchange Management Act, 1999 (FEMA) and the Prevention of Money Laundering Act, 2002 (PMLA).
If any person is found to be in violation of the Foreign Exchange Management Act 1999 (FEMA) and the Prevention of Money Laundering Act, 2002 (PMLA), the ED has the power to investigate and arrest him.
Functions of ED
You must have understood from the information given above that in which area ED works. Now we will give you detailed information about what ED does.
So let us tell you that the Enforcement Directorate investigates cases related to illegal foreign exchange being sent to India from abroad and illegal currency being sent abroad from India, as well as investigating cases related to money laundering and black money.
The Enforcement Directorate reserves the right to investigate and arrest those accused of violating the Foreign Exchange Management Act, 1999, and the Prevention of Money Laundering Act, 2002.
About the ED
Let us tell you that the Enforcement Directorate was formed on 1 May 1956. In the early days, it was known as Enforcement Unit. But in the year 1957, its name was changed to Enforcement Directorate (ED).
ED Regional Offices
Let us tell you that the headquarters of ED is located in Delhi, the capital of India. Apart from this, there is also the Regional Office of the Enforcement Headquarters. About which we have given you information through the following bullets.
Hope you have liked our article and you must have known what is ED Ka Full Form.
Note: This post is only for informational purposes. Maybe Some data is changed by time or wrong. In this case, We are not responsible. So For better Knowledge of the ED. Please Visit the Government Official Websites.