What is ED ?
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The Directorate General of Economic Enforcement (Enforcement Directorate) is a law enforcement and economic intelligence agency responsible for enforcing economic laws and fighting economic crime in India.
It was formed with the purpose of handling Exchange Control Law violations under the Foreign Exchange Regulation Act,1947.
Initially established under the Department of Economic Affairs in 1956 as an ‘Enforcement Unit’, it was later shifted to the Department of Revenue for administration in 1960.
It was renamed as the Enforcement Directorate (ED) in 1957.
Now, the Enforcement Directorate (ED) is administered by the Department of Revenue under the Ministry of Finance.
The ED has its headquarters in New Delhi and has many regional offices all over the country.
It is headed by the Director of Enforcement, who is an IRS officer (Indian Revenue Service).