ED is a multi-disciplinary organisation established in the year 1956 that possesses judicial power to investigate money laundering and the violation of foreign exchange laws. It is responsible for the Foreign Exchange Management Act FEMA, 1999 with a certain provision under the Prevention of Money Laundering Act. The directorate is under the control of the revenue department and work relating to investigation and PML. The primary function of ED is to collect and develop intelligence relating to the violation of FEMA relating to activities like benami transactions, unauthorized foreign exchange and other violations of FEMA. Our expertise deals with the offence of money laundering and assists in any other issue connected with money laundering in India.
