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Intelligence


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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