1. Information Technology Act, 2000 is an Act to provide legal recognition for transactions carried out by means of electronic data interchange and other means of electronic communication.
2. Information Technology Act, 2000 aims to provide the legal infrastructure for ECommerce in India.
3. Cyber Laws have a major impact on ebusinesses and the new economy in India.
4. The Information Technology Act, 2000 also aims to provide for the legal framework.
5. Digital signature has been replaced with electronic signature to make it a more technology-neutral act.