The Union government has extended the tenure of Enforcement Directorate (ED) Director Sanjay Kumar Mishra by a year after modifying his appointment order that was issued in 2018. His tenure was to end next week as the ED director’s post comes with a fixed term of two years.
As per an order issued by the Department of Revenue under the Union finance ministry on Friday, the 2018 order for appointment of Mishra has been modified. “The President of India is pleased to approve the modification in the earlier order dated November 19, 2018, appointing Shri Sanjay Kumar Mishra as director of enforcement in the Enforcement Directorate.
WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class
Enforcement Directorate (ED):
The ED is a central investigative agency that enforces two central laws, the Prevention of Money Laundering Act (PMLA) and the Foreign Exchange Management Act (FEMA). These laws were enacted to curb money laundering, terror financing, black money and hawala or illegal financial transactions that have cross-border ramifications.
Important takeaways for all competitive exams:
India has many cities that are famous for their unique industries, and some of them…
Some deserts are extremely hot, but some remain cold throughout the year. These cold deserts…
In today’s world, news media plays a very important role in sharing information quickly and…
PNB Housing Finance has announced the appointment of Ajai Kumar Shukla as its new Managing…
In a major push towards deepening financial inclusion, the Department of Posts (DoP) and BSE,…
India’s retail inflation, measured by the Consumer Price Index (CPI), increased modestly to 0.71% in…