International Conference on Advances in Computer, Electronics and Electrical Engineering - CEEE 2013
Author(s) : S.SAI SUSHANTH
In the technology era, the traditional way of transacting business is replaced by electronic commerce popularly known as E-commerce. E-Commerce means using of information technology, computers and other electronic means to transact business by and between individuals and entities. E-commerce is one of the significant developments in the International Trade. It has provided many advantages besides many challenges. The Information Technology Act 2000 is one of the primary laws which has promoted e-commerce, e-governance and has provided legal recognition to e-records and e-transactions. Cyber law in India tires to attend these challenges and requires compliance of IT Laws by business houses engaging in e-commerce. The Indian Information Technology Act, 2000 make it mandatory to set up corporate compliance programs including cyber law compliance program.