This was decided at a meeting chaired by Union Home Secretary G K Pillai where he asked both the departments to immediately inform the Home Ministry when such cases are traced and take immediate action, official sources said.
The meeting was attended by top officials, including ED Chief Arun Mathur and police chiefs of terrorism-affected states.
During the meeting, the ED and Income Tax department were asked to route their notices through concerned police stations and not through the district magistrates where a delay was inevitable, the sources said.
Officials from terror-affected states expressed their willingness in extending help to both the central agencies which deal with cases related to tax evasion, money laundering and contraventions of foreign exchange laws in the country and abroad.
The Home Secretary and police chiefs were of the view that a tight vigil needs to be maintained in checking the flow of funds through illegal means into the country, they said.