A STUDY ON LAWS GOVERNING E-COMMERCE TRANSACTIONS IN INDIA

E-commerce is a method of conducting business electronically rather than through traditional physical means. This includes all internet-based retail activities such as purchasing goods, receiving services, delivery, payment facilitation, and supply chain and service management. Get to know about the E-Commerce Laws and Regulations in India. Government initiatives such as Startup India, Digital India, the allocation of funds for the BharatNet Project, the promotion of a “cashless economy,” and the launch of the Unified Payment Interface by the RBI and the National Payment Corporation of India have all contributed to the country’s e- commerce sector’s growth and success. Hence, it is very important that this new platform known as e-commerce has to be governed and regulated by laws which will ensure that the consumer is protected while entering into e-commerce business.