Vol: 3, Issue: 4 2013

Page: 43-51

Empirical Analysis of Legal and Regulatory Framework for E-Commerce

Dr. Bhupender Singh

Electronic commerce related to online transactions. Electronic commerce offers consumers a set of benefits such as low cost, wide variety of options, time savings and product availability. The general category of electronic commerce can be divided into two parts: electronic: electronic finance. Electronic commerce involves conducting business using modern means of communication such as telephone, fax, electronic payment, remittance sending systems, electronic data exchange and the Internet. This is a review of several studies conducted in electronic commerce. This document analyzes the various opportunities of electronic commerce. This report provides an overview of the general e-commerce industry in India from 2007 to 2011. This white paper highlights the main challenges and opportunities that the Indian e-commerce industry will face in the coming years.