What is the full form of ED
ED: Enforcement Directorate
ED stands for Enforcement Directorate. It is a law enforcement agency, which was established in 1956. It is responsible for enforcement of the Foreign Exchange Management Act, 1999 (FEMA), and certain provisions under the Prevention of Money Laundering Act (PMLA), 2002. It is headquartered in New Delhi, India.
ED enforces economic laws and fights economic crime in India. It resolves issues by adjudication and has provision for appeal in both acts and has its own courts for trails and its own appellate tribunals.
The Enforcement Directorate is under the administrative control of Department of Revenue under the Ministry of Finance. It has 10 Zonal Offices, which are headed by Deputy Directors, and has 11 sub Zonal Offices, which are headed by Assistant Directors.
Functions of the Enforcement Directorate: