In October 2025, the Government of Maharashtra launched an Electronic Bond (E-Bond) system to replace traditional paper-based stamp bonds for high-value import and export transactions. With this initiative, Maharashtra became the 16th state in India to adopt the digital system. The system was inaugurated by Chandrashekhar Bawankule, Revenue Minister, at Mantralaya, Mumbai.
📚 Test Your Knowledge:
Which state recently launched an Electronic Bond (E-Bond) system for high-value import and export transactions in October 2025?
Correct Answer: Maharashtra