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actArchiveThursday, 2 August 2018

Fugitive Economic Offenders Act, 2018

Cite this

Citations are auto-generated; verify before publishing. The act classification is PolicyDhara's, not the source's.

Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.

Summary

Enables confiscation of assets and properties of economic offenders who flee India to avoid criminal prosecution. Applies to offences involving amounts of Rs 100 crore or more.

Key Facts

TypeAct
SourceHistorical Record
PublishedThursday, 2 August 2018
Affected Population1.4 billion citizens, 63 million MSMEs

Key Numbers

GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
20 million central + state government employees

Key Authorities

Ministry of FinanceRBISEBIDEAPMO

Key Stakeholders

TaxpayersBanks & NBFCsInvestorsCivil ServantsState GovernmentsJudiciary

Government Context

NDA IBJP-led NDA
Centre-Right
LeftCentreRight

Amendment History

2 changes recorded for this policy.

DescriptionSaturday, 23 May 2026via barandbench
Enables confiscation of assets and properties of economic offenders who flee India to avoid criminal prosecution. Applies to offences involving amounts of Rs 100 crore or more.
The recent proceedings involving Sanjay Bhandari before the Delhi High Court have brought renewed attention to a constitutional question: can a person who deliberately avoids the jurisdiction of Indian courts continue to invoke the protection of those very courts?The issue assumes particular significance in the context of Section 14 of the Fugitive Economic Offenders (FEO) Act, 2018, which empowers courts and tribunals to disentitle a declared fugitive economic offender from pursuing or defendin
TypeSunday, 19 July 2026via historical
policy
act

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