Purpose of Introduction
1 Answer

Information Technology Act, 2000 was enacted on 17th May, 2000 to provide legal recognition for electronic transactions and facilitate E-Commerce. It was later amended by passing Information Technology (Amendment) Act, 2008.

The following are the important objectives of Information Technology Act, 2000 :

  • Grant legal recognition to E-Transactions
  • Provide legal recognition to Digital Signatures for authentication
  • Facilitate E-Filing of data and information
  • Allow Electronic storage of data
  • Grant recognition to maintenance of books of accounts in Electronic Form
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