ED is a multidisciplinary agency that was founded in 1956 and has the judicial authority to look into cases involving money laundering and violations of foreign exchange regulations. It is in charge of the Prevention of Money Laundering Act's specific provision under the Foreign Exchange Management Act (FEMA, 1999). The revenue department is in charge of the directorate and oversees the PML and investigational work. The ED's main duty is to gather and create intelligence about FEMA violations, including those involving benami transactions, unlawful foreign exchange, and other instances. Our knowledge covers money laundering offences and helps with any other money laundering-related matter in India.
