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Among the following Acts, an Enforcement Directorate (ED) in India will be most concerned with
Co-operative Societies Act
Negotiable Instrument Act
Public Debt Act
Prevention of Money Laundering Act
It is a law enforcement agency and economic intelligence agency responsible for enforcing economic laws and fighting economic crime in India. It is part of the Department of Revenue, Ministry of Finance. The prime objective of the Enforcement Directorate is the enforcement of two key Acts- the Foreign Exchange Management
Act 1999 (FEMA) and the Prevention of Money Laundering Act 2002 (PMLA). Other objectives are primarily linked to checking money laundering in India. It comprises officers of the Indian Revenue Service, Indian Police Service and the Indian Administrative Service.
By: Pradeep Kumar ProfileResourcesReport error
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