मैगज़्टर गोल्ड के साथ असीमित हो जाओ

मैगज़्टर गोल्ड के साथ असीमित हो जाओ

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कोशिश गोल्ड - मुक्त

Trust-based eway bill system can ease logistics

Business Standard

|

January 30, 2026

Rather than being seen as an enforcement tool, eway bills can be reimagined as a facilitator of seamless logistics, emphasising trust-based compliance and advanced technology to minimise disruption in bona fide trade, the Economic Survey has suggested.

- MONIKA YADAV

The bill is a mandatory electronic document to track the movement of goods valued above %50,000 under the goods and services tax (GST) regime.

The Survey proposes policy designs, relying on trust-based models such as a “trusted dealer” framework, in which taxpayers with strong compliance records face minimal physical checks. Businesses that comply with this enjoy greater certainty in movements of goods.

The Survey also recommends a wider adoption of technologies like eseals, electronic locking systems, and vehicle tracking integrated with eway bills for secure, end-to-end monitoring without routine road stoppages.

Business Standard से और कहानियाँ

Business Standard

Business Standard

iPhone 16 tops the charts in major reset of India smartphone market

Indian consumers’ smartphone buying patterns are no longer anchored in the budget segment.

time to read

2 mins

January 31, 2026

Business Standard

₹ closes at new low of 91.99 against $

The rupee settled at a fresh closing low of 91.99 against the dollar on Friday, weighed down by continuous outflows from domestic equities and a strengthening US dollar, dealers said.

time to read

1 min

January 31, 2026

Business Standard

New CPI series may push inflation prints higher

The recalibrated weights for the Consumer Price Index (CPI) components under the new series to be released on February 12, are expected to push up India's headline inflation readings modestly, with the share of core items rising around 10 percentage points and volatile food prices getting a lower say, according to economists' estimates.

time to read

3 mins

January 31, 2026

Business Standard

Business Standard

When to stop fighting

The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military

time to read

5 mins

January 31, 2026

Business Standard

Business Standard

With FTA, India's exports to EU can double in 5 yrs: Goyal

India's exports to the European Union (EU) could double within five years of a free-trade agreement (FTA) taking effect, with bilateral goods trade projected to reach $150 billion.

time to read

1 mins

January 31, 2026

Business Standard

Trump nominates Kevin Warsh as next Fed chair

Former Fed governor would replace Jerome Powell when his term expires in May; the appointment requires Senate approval

time to read

5 mins

January 31, 2026

Business Standard

Gold, silver ETFs log biggest single-day fall

Gold and silver exchange traded funds (ETFs) in India witnessed their biggest single-day decline on Friday as precious metal prices eased after a steep rally in recent months.

time to read

1 min

January 31, 2026

Business Standard

6K Mwh energy storage system in works for seamless power supply

Rajasthan Energy Minister Hiralal Nagar recently said the state is developing a 6,000 megawatt-hour(Mwh) battery energy storage system, to ensure that the power system has sufficient electricity for future supply.

time to read

1 min

January 31, 2026

Business Standard

India’s forex kitty at a fresh high of $709.4 bn

India’s foreign exchange (forex) reserves rose to a record high of $709.41 billion in the week ended January 23, latest data from the Reserve Bank of India (RBI) showed.

time to read

2 mins

January 31, 2026

Business Standard

Prefer co-production to localisation: Industry on India-EU defence pact

The Indian defence industry expects the recently-signed defence pact with the European Union (EU) to mark a structural shift in India’s role — from a buyer or low-end supplier to a long-term industrial partner integrated into European defence supply chains.

time to read

4 mins

January 31, 2026

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