Economic Intelligence Council
In order to facilitate coordination amongst the Enforcement Agencies dealing with economic offences and ensure operational coordination amongst them, a two tier system has been established by the Government of India with an Economic Intelligence Council at the Centre under the Chairmanship of Union Minister Finance, and 18 Regional Economic Intelligence Committees at different places in India.
The Economic Intelligence Council is an apex forum for coordination, exchange of information and evolving common strategies to combat economic offences.
The Economic Intelligence Council has the following broad objectives:
- Discuss measures to combat economic offences and formulate a coordinated strategy for action by various Enforcement Agencies.
- Discuss important cases involving inter-agency coordination.
- Discuss measures to strengthen the working of various Enforcement Agencies under the Ministry of Finance.
- Examine the changing dynamics of economic crimes, including new modus operandi being evolved and suggest measures for dealing with these crimes more effectively.
- Advice on amendment of laws and procedures for plugging loopholes and taking action against economic offenders.
- Act as a forum for exchange of intelligence on important economic offences.
- Discuss measures to combat the generation and laundering of black moneys and formulating a strategy against black money operators and tax evaders.
The Composition of the Economic Intelligence Council at the Center
| Finance Minister | Chairman |
| Governor, Reserve Bank of India | Member |
| Secretary(Finance) | Member |
| Secretary(Revenue) | Member |
| Secretary, Company Affairs | Member |
| Chairman, Securities and Exchange Board of India | Member |
| Special Secretary cum Director General(Central Economic Intelligence Bureau) | Member |
| Chairman, Central Board of Excise & Customs | Member |
| Chairman, Central Board of Direct Taxes | Member |
| Addl. Secretary(Banking) | Member |
| Member(Anti-smuggling), Central Board of Excise & Customs | Member |
| Member(Excise), Central Board of Excise & Customs | Member |
| Member(Customs), Central Board of Excise & Customs | Member |
| Member(Investigation), Central Board of Direct Taxes | Member |
| Director General, Narcotics Control Bureau | Member |
| Director General, Directorate General of Revenue Intelligence | Member |
| Director General, Directorate General of Anti Evasion | Member |
| Director, Directorate of Enforcement | Member |
| Director, Central Bureau of Investigation | Special Invitee |
| Director, Intelligence Bureau | Special Invitee |
| Director General, Foreign Trade | Special Invitee |
| Deputy Director General, CEIB | Member Secretary |
The Composition of the 18 Regional Economic Intelligence Committees
Place & Convenor of Committee |
Jurisdiction |
| Director General of Income-Tax(Investigation), Ahmedabad | Ahmedabad |
| Director General of Income Tax(Investigation), Bangalore | Bangalore |
| Chief Commissioner of Customs & Central Excise, Baroda | Baroda, Surat, Rajkot |
| Chief Commissioner of Income Tax, Bhopal | Bhopal, Indore, Raipur, Jabalpur |
| Commissioner of Customs & Central Excise, Bhubaneswar | Bhubaneswar |
| Director General of Income Tax, Mumbai | Mumbai, Goa. |
| Director General of Income Tax (Investigation), Calcutta | Calcutta |
| Chief Commissioner of Income Tax (Investigation), Chandigarh | Chandigarh, Rohtak, Amritsar, Jallandhar, Patiala |
| Chief Commissioner of Income Tax, Cochin | Cochin, Trivandrum, Calicut |
| Director General of Income Tax(Investigation), Delhi | Delhi |
| Chief Commissioner of Income Tax, Hyderabad | Hyderabad, Visakhapatnam, Guntur |
| Chief commissioner of Income Tax, Jaipur | Jaipur |
| Chief Commissioner of Income Tax, Kanpur | Kanpur, Allahabad, Lucknow, Agra, Meerut |
| Director General of Income Tax(Investigation), Chennai | Chennai |
| Commissioner of Customs, Madurai | Madurai, Trichi, Coimbatore |
| Chief Commissioner of Income Tax, Patna | Patna, Ranchi |
| Chief Commissioner of Income Tax, Pune | Pune, Aurangabad, Belgaum, Kolhapur, Nasik, Nagpur |
| Commissioner of Customs (Preventive), Shillong | Shillong |
In order to make the Regional Economic Intelligence Committees broad based, besides Members from the Enforcement Agencies of the Department of Revenue posted at the station, Senior Officers of Income Tax, Customs and Central Excise, Heads of the Reserve Bank of India, State Bank of India, Registrar of the Companies, Head of the State Sales Tax Department, Head of the office of Directorate General of Foreign Trade, wherever posted in the State, have also been included as Members in the Regional Economic Intelligence Committees.
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