Blog

What are the powers and functions of Enforcement Directorate under FEMA 1999?

What are the powers and functions of Enforcement Directorate under FEMA 1999?

Conducting investigations, trace, attach, and confiscate the assets that are related to the financial crime, and to arrest and prosecute the offenders un PMLA, 2002.

What is the qualification of Enforcement Directorate?

The candidate must have attained the age of 18 years on 1st July of the year of examination and must not have attained 27 years of age on that date. The upper age limit will be relaxed by 3 years for OBC candidates and 5 years for SC/ST candidates.

What is Enforcement Directorate job?

The Directorate of Enforcement (ED) 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, Government Of India.

READ:   Is there such a thing as a 7-star chef?

What do you mean by enforcement?

Enforcement is the proper execution of the process of ensuring compliance with laws, regulations, rules, standards, and social norms. Governments attempt to effectuate successful implementation of policies by enforcing laws and regulations.

What is the work of enforcement directorate?

What is the job of enforcement directorate?

Who is the enforcement Directorate of India?

Enforcement Directorate
Headquarters New Delhi, India
Minister responsible Nirmala Sitharaman, Finance minister
Agency executives Sanjay Kumar Mishra, IRS, Director Enforcement Simanchala Dash, IRS, Principal Special Director
Parent agency Department of Revenue, Ministry of Finance

Why is enforcement so important?

Enforcement is important when the law seeks to protect the people belonging to the weaker sections from those who are strong and powerful. Enforcement is important to ensure that every worker gets fair wages.

What is meant by Enforcement Directorate?

enforcementdirectorate.gov.in. The Directorate of Enforcement (ED) 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, Government Of India.

READ:   What are stove heating elements made of?

What is the function of the Directorate of enforcement?

The Directorate of Enforcement (Hindi: प्रवर्तन निदेशालय) 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, Government Of India.

What is enenforcement Directorate (ED)?

Enforcement Directorate (ED) can be defined as a special financial investigation and economic intelligence agency which is burdened with the responsibility of forcing economic laws and fighting economic crimes in India.

What is Enforcement Directorate in UPSC syllabus?

The Enforcement Directorate (ED) is a topic that can be related to Indian Economy of General Studies Paper 3 in the UPSC Syllabus. Civil services aspirants can score more if they’re aware of the various finance-related agencies under the Government of India.

What is the function of the Exchange Control Directorate?

The Directorate enforces two laws; FEMA, a Civil Law having quasi judicial powers, for investigating suspected contraventions of the Exchange Control Laws and Regulations with the powers to impose penalties on those adjudged guilty.