Indian it act, 2000 and its amendments: An analysis of its impact on e-business

Revolution in digital communication is witnessing positive growth in e-business. E-business is the trend setter in the recent years and it has become the integral part in the everyday life. Indian Information Technology (IT) Act extends the support for e-business legislatively. E-business is dependent on several factors for its effective functioning. These effective factors are availability, modifiability, performance, security and usability. Indian IT Act came into existence on 17^th October, 2000. This Act ensures the permissible groundwork for electronic based business. IT Act legalizes the e-mail as a legal document and also legalized alternative mode of paper based communication which may involve electronic communication. Few of the objectives with respect to the IT Act, 2000 involves Legal recognition to digital signature, electronic contracts are legally valid, digital signature certificate, secure electronic record etc. Indian IT act was amended and was passed in the year 2008 hence it is named as Indian IT Act, 2008. This act involves Protection of data/infrastructure and to suggest penal provisions in the IT Act. Hence, this conceptual paper focuses on Indian IT Act, 2000 and its amendments: An analysis of its impact on e-business.