TABLE OF CONTENTS 1. Introduction; 1.1 Information Technology and E-Commerce; 1.2 Globalizations and Liberalization; 1.3 Impact of Information Technology and Economic Crime; 1.4 Dimension on Internet based Economic Crime; 2. An understanding of Internet based Economic Crimes; 2.1 Impact of Technology on Economic Crime; 2.2 Meaning of Economic Crime; 2.3 Growth of Internet Based Crime in India; 2.3.1 . Computer Crime; 2.3.2 Hacking; 2.3.3 Hacking into computer; 2.4 Types of Economic Crime in India; 2.4.1 Fraud; 2.4.1.1 The Reserve Bank of India (RBI) Response To Banking Frauds; 2.4.2 Forgery; 2.4.3 Phising; 2.4.4 Spoofing; 2.4.5 Internet banking frauds; 2.4.6 Fraud prevention measures; 2.4.7 Intellectual Property Crime; 2.4.7.1 Intellectual Property Right Over Internet; 2.4.8 Data Protection and Privacy; 2.4.8.1 Domain Name Issues; 3. Internet Based Economic Crime With Special Reference To Tax Evasion - Indian Perspective; 3.1 Meaning of White Collar Crime; 3.2Tax Evasion as A White Collar Crime; 3.2.1 RBI Guideline On Prevention Of Money Laundering Act, 2002; 3.2.2 Reserve Bank of India (RBI) Guideline On Negotiable Instruments Act- 1881; 3.3 Theoretical Aspects of Tax Evasion; 3.4 Reasons behind Tax Evasion; 3.5 Tax Avoidance; 3.5.1 Dividing Line between Tax Planning/Avoidance and Tax Evasion; 3.5.2 Judicial Decisions; 3.6 Taxation in India; 3.7 Tax Evasion and the Internet; 3.8 Different Models of E-Commerce and Tax Applicability; 3.9 Different types of Internet Taxation; 4. Interaction between Money Laundering and Tax Evasion; 4.1 The International Context in the Combat against Money Laundering and Tax Evasion; 5. Impact of technology on Bank Related Internet Crime; 5.1 Credit Card; 5.1 .1 Credit Card on The Internet; 5.1 .2 Legal Regime Surrounding Credit Card and the Internet; 5.2 Cloud Computing; 5.3 Data Protection and Cloud Computing; 5.4 Unique Identification Numbers; 5.5 Electronic Funds Transfer Fraud; 5.5.1 Securities Issues in Electronic Data Interchange; 6. Economic Crime prevention and Enforcement strategies; 6.1 Role of law enforcing agencies in the prevention of crime; 6.2 Indian Initiative; 6.3 Educating the Police; 6.4 CBI Efforts; 6.5 Reserve Bank of India Efforts; 6.6 Enforcement Strategy; 6.6.1 Legal Control of Economic Crime; 6.7 Need for further Regulate; 6.8 Recommendations; 7. Conclusion; 8. Bibliography.