I4C Brought Under PMLA, 2002 | 29 Apr 2025

Source: TH 

To combat transnational cyber frauds and track illicit money trails, the Revenue Department under the Ministry of Finance has brought the Indian Cyber Crime Coordination Centre (I4C) under the ambit of the Prevention of Money Laundering Act (PMLA), 2002 specifically under Section 66. 

• Indian Cyber Crime Coordination Centre: I4C is a national-level coordination centre for addressing cybercrime issues.  
  • It is an initiative by the Ministry of Home Affairs, approved in 2018 and dedicated to the nation in 2020. Its headquarters are in New Delhi. 
  • It provides a coordinated and comprehensive framework for law enforcement agencies (LEAs) to tackle cybercrimes.  
• Integration of I4C with PMLA: Section 66 of the PMLA deals with the disclosure of information. 
  • It allows the Director or specified authority to furnish information to officers or bodies performing functions under laws related to tax, duties, foreign exchange, or illicit trafficking under the Narcotic Drugs and Psychotropic Substances Act, 1985. 
  • The integration of I4C aims to track financial trails and identify transnational cyber frauds by sharing and receiving information with the Enforcement Directorate (ED) and other enforcement agencies.