The Income Tax Department enforces the following of the Income Tax laws in India, Conducts routine checks on Individuals of Intrest and Helps keep an eye for transactions in Black- money, Money Laundering Fronts and takes action against them. The Enforcement Directorate enforces the provisions of the Foreign Exchange Management Act(FEMA) and its sister laws, These Laws curb efforts for Money Laundering and Financial fraud. ED has the right to raid institutions suspected of committing these felonious deeds and can order penalties or jail term for the accused.