Explanation : 17th Oct 2000
The Information Technology Act, 2000 (IT Act) is the primary law in India for matters related to cybercrime and e-commerce. The act was enacted by the Indian Parliament in July 2000 and came into action in 17th Oct 2000.
The act has several objectives, including:
- Giving legal sanction to electronic commerce and electronic transactions
- Enabling e-governance
- Preventing cybercrime
- Defining cyber crimes and prescribing penalties for them
- Providing a legal framework for electronic governance by giving recognition to electronic records and digital signatures
- Restricting cybercrime across e-commerce sites that operate throughout the country
