Plan is to create separate agency to implement BharatTradeNet: DGFTThe government plans to set up BharatTradeNet, a unified platform for trade documentation and financing solutions similar to UPI. This ambi...
04 Feb, 2025, 08.50 PM IST
India, S Korea start sharing bill of lading electronically to promote trade: DGFTIndia and South Korea have initiated electronic transfer of the bill of lading between their customs, enhancing ease of doing business. Thi...
19 Sep, 2024, 07.57 PM IST
EU moving towards paperless customs system from June; Indian exporters must prepare to complyThe European Union (EU) is transitioning to a paperless customs process, implementing the second phase of its Import Control System (ICS) f...
10 Jan, 2024, 01.03 PM IST
The 4 billion pieces of paper keeping global trade afloatLess than 2% of trade happening globally is done digitally. But it is on the verge of change as world’s top 10 container shipping lines hav...
04 Oct, 2023, 09.46 AM IST
DBS partners with Maptrasco to complete the first eBL transaction between India and SingaporeDBS and commodities trader Maptrasco have completed the first live transaction of electronic Bills of Lading (eBL) for shipments between Si...
25 Aug, 2023, 04.54 PM IST
India to moot SWIFT-like transactions at G20 meetThe system will be based on an electronic bill of lading in the form of an interoperable digital document that is expected to boost trade a...
08 May, 2023, 11.53 PM IST
How to issue bill of lading and why it is important in exportsA BOL contains information such as details of the shipping line, the pick-up date, name of the vessel used for transport, details of the go...
08 Dec, 2021, 12.27 PM IST
Drip Capital joins hands with TradeLens to provide blockchain-enabled financing solutions for exportersDrip Capital partners with operators across the supply chain to increase access to finance for SMBs and aims to build a trade facilitation ...
11 Nov, 2021, 03.35 PM IST
COVID-19: Shipping Ministry seeks govt intervention for recognition of electronic trade documentsCiting bottlenecks caused in handling EXIM cargo on account of the current manual process, it sought the commerce ministry's intervention f...
19 Apr, 2020, 06.12 PM IST
In the works: Uniform stamp duty for financial instrumentsThe changes have been finalised to be made to the more than a century old stamp duty Act
13 Oct, 2018, 08.43 AM IST
E-way bill application deferred, trial to continue as Government faces tech glitchE-way bill became mandatory from today (February 1, 2018) but throughout the day there were reports of the platform crashing.
02 Feb, 2018, 02.03 PM IST
Documents required for exports reduced from five to threeOnce implemented, the measure will put India alongside US, Canada, Japan, Singapore & UAE in the club of nations that require just three ex...
08 Jan, 2015, 10.20 AM IST
Commerce Ministry engages with departments to improve ease of doing businessThe ministry aims at reducing the number of mandatory documents from nine to three (bill of lading, invoice and shipping bill) for exports,...
05 Jan, 2015, 03.17 AM IST
Government plans smooth sailing at paperless portsA senior government official said the idea is to do away with the requirement of manual stamping at each point for moving containers, which...
30 Sep, 2014, 03.12 AM IST
Ports under shipping ministry plan to go paperlessThe new mechanism will first be tried out at the Nhava Sheva Container Terminal at Jawaharlal Nehru Port Trust over the next two months.
29 Sep, 2014, 04.19 AM IST
- Uniform STT proposed in revamp of Stamp Duty Act
Stamp duty, the main source of revenue for states, is a form of tax that is levied on transactions such as buying and selling of land and s...
12 May, 2011, 01.18 AM IST
- Panel raps FinMin for long delay in E-Stamping project
A Parliamentary committee has rapped the Finance Ministry for the inordinate delay in implementing the E-stamping project.
25 Nov, 2007, 01.05 PM IST