Corporate Law : साइबर क्राइम में नवीनतम तकनीकी उपायों से जागरूक ...
Corporate Law : Explore India's upcoming Digital Personal Data Protection Rules, stemming from 2017 right to privacy ruling. Understand key areas ...
Corporate Law : Boost TikTok likes with high engagement! From likes to comments and shares, each interaction fuels visibility. Create quality cont...
Corporate Law : Explore the new rules and provisions of the Information Technology Act 2021, covering social media, OTT platforms, digital news, a...
Corporate Law : Explore dominant features of public cloud, its cost efficiency, scalability, and global reach. Discover top public cloud providers...
Corporate Law : Health Ministry assures the public that the Co-WIN portal is secure with stringent data privacy safeguards. Learn about the securi...
Corporate Law : This FAQ, consisting of 28 questions, attempts to respond to general queries on Information Technology (Intermediary Guidelines an...
Corporate Law : The Government Respects the Right of Privacy and Has No Intention to Violate it When WhatsApp is Required to Disclose the Origin o...
Corporate Law : Ministry of Communications and Information Technology, Government of India had put up during draft rules under section 43A and 79...
SEBI : Market regulator Securities and Exchange Board of India asked bourses on Wednesday to preserve original records related to an inve...
Service Tax : CESTAT Chennai held that service of ERP implementation falls under the category of ‘Information Technology Service’ and the sa...
Corporate Law : Domain Name Registrars by the application of the algorithm derived by whom the infringing domain names were becoming available to ...
Corporate Law : Lok Sabha introduced a revolutionary bill aimed at safeguarding digital personal data of individuals - Digital Personal Data Prote...
Corporate Law : CERT-In issues directions relating to information security practices, procedure, prevention, response and reporting of cyber incid...
Corporate Law : Government of India Ministry of Electronics and Information Technology (MeitY) Electronics Niketan, 6 CGO Complex., Lodhi Road, Ne...
Corporate Law : (1) These rules may be called the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. (2) ...
SEBI : Further, as per regulation 18 of SEBI (Stock Brokers & Sub-brokers) Regulations, 1992 (hereinafter referred to as Stock Broker Reg...
With increase in technological innovations such as Internet of Things (IOT), Cloud services and mobility coupled with constant connectivity, the geographical boundaries are reducing and exposing personal data to higher risks.
Ministry of Communications and Information Technology, Government of India had put up during draft rules under section 43A and 79 of Information Technology Act, 2000. Section 43A provides for compensation for failure to protect senry sitive personal data by body corporates, who are expected to implement and maintain reasonable security practices and procedures as prescribed by Central Government. In this regard, the draft rules lay down for compulsory Privacy Policy by body corporates and also provide for restriction on disclosure of information to third party, which cannot be made except with prior permission of the information providers.
Market regulator Securities and Exchange Board of India asked bourses on Wednesday to preserve original records related to an investigation till the trial is over instead of the current practice of keeping the papers only for five years. The respective original is to be maintained till the trial or investigation proceedings have concluded, market regulator Sebi said in a circular to all stock exchanges.
Further, as per regulation 18 of SEBI (Stock Brokers & Sub-brokers) Regulations, 1992 (hereinafter referred to as Stock Broker Regulations), every stock broker shall preserve the specified books of account and other records for a minimum period of five years. In case such documents are maintained in electronic form, provisions of Information Technology Act, 2000 in this regard shall be complied with.
With proliferation of information technology enabled services such as e-governance, e-commerce and e-transactions; data security, data privacy and implementation of security practices and procedures relating to these applications of electronic communications have assumed greater importance and they required harmonization with the provisions of the Information Technology Act. Further, protection of Critical Information Infrastructure is pivotal to national security, economy, public health and safety, thus it had become necessary to declare such infrastructure as protected system, so as to restrict unauthorised access. Further, a rapid increase in the use of computer and Internet has given rise to new forms of crimes like, sending offensive emails and multimedia messages, child pornography, cyber terrorism, publishing sexually explicit materials in electronic form, video voyeurism, breach of confidentiality and leakage of data by intermediary, e-commerce frauds like cheating by personation – commonly known as phishing, identity theft, frauds on online auction sites, etc. So, penal provisions were required to be included in the Information Technology Act, 2000. Also, the Act needed to be technology-neutral to provide for alternative technology of electronic signature for bringing harmonization with Model Law on Electronic Signatures adopted by United Nations Commission on International Trade Law (UNCITRAL)
Notification No. 70/2009 – Income Tax In exercise of the powers conferred by sub-section (1B) of section 139 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following amendment in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), vide S.O. 1281(E) dated the 27th July, 2007, published in the Gazette of India, Extraordinary, Part II,
CS. Monika Bhardwaj, B.Com (Hons.), ACS, LL.B (I), Gurgaon This article aims to highlight that communications done through electronic mode are now recognized by Indian Law and hold true as an ‘evidence’ as well as ‘contractual liability’. Internet and electronic communications has now become an integral part of our day to day life, from SMS […]
Tax evasion in Mumbai may now become more difficult as taxpayers will have to deal with a cyber-savvy income-tax department. The IT department has recently adopted a technology to track down fraudulent electronic transactions even after they are deleted from computers. The department has a Cyber Forensic Lab in Mumbai that consists of advanced technological […]
In a recent case, the Madras High Court concluded that P&L account and balance-sheet are not books of account as contemplated under the I-T Act. Computation of business income under the income-tax law has to be made on the basis of `books of account’. This law has been in operation since 1992, but surprisingly there was no definition of the term till 2001. Finance Act, 2001 introduced the definition through Section 2(12A). The definition, which took effect from June 1, 2001, reads thus:
