More than 4,100 businesses registered The Goods and Services Tax (GST) collected Nu 4.9 billion (bn) in revenue during its first six months after coming into effect on 1st January 2026, according to the Ministry of Finance (MoF). The GST replaced the previous Sales Tax regime and generated Nu 4.9 …
Read More »Dorjilung Project advances with key works underway as financial closure expected by December
Over 85 percent of access roads and bridges completed The Dorjilung Hydroelectric Power Project (DHPP) has made significant progress, with more than 85 percent of the construction of access roads and bridges completed, while financial closure is expected by December 2026. The construction of access roads and bridges was awarded …
Read More »Ministry admits gaps in ropeway safety standards after Denchukha tragedy
Govt says no investigation planned with focus instead on national safety standards and restoring permanent access The Ministry of Infrastructure and Transport (MoIT) has acknowledged major gaps in the regulation of ropeway transport following the deaths of three people in Denchukha, saying Bhutan had no technical standards or approval process …
Read More »Insurance gap leaves Samtse pig farmers without relief as outbreak wipes out piggery farms
Farmers say the livestock insurance scheme came too late to protect animals already reared, while poor awareness and rising feed costs left many unable to insure their pigs before the devastating outbreak The ongoing pig disease outbreak in Samtse has left farmers facing devastating financial losses, with livestock worth tens …
Read More »Business Income Tax collection reaches Nu 1.73 billion as compliance measures strengthen revenue
Improved enforcement, recovery efforts and better assessment practices continue to boost Business Income Tax collections Business Income Tax (BIT) collections have continued to show strong performance, with the Department of Revenue and Customs (DRC) reporting that a total of Nu 1.734 billion (bn) had been collected from 43,501 businesses as …
Read More »Land tax collection reaches nearly Nu 660 million in FY 2025-26
Dry land tax accounts for the largest share of revenue, followed by building tax The government collected nearly Nu 659.770 million (mn) in land and property taxes during the 2025-26 fiscal year, with dry land tax accounting for more than three-quarters of the total revenue, according to figures released by the Ministry …
Read More »47,343 tourists in May mark highest monthly arrival of 2026
Bhutan recorded a strong rise in tourist arrivals during the first six months of 2026 compared to the same period in 2025, with every month recording higher visitor numbers than the previous year. According to the data, the country welcomed 10,627 tourists in January 2026, more than double the 5,000 …
Read More »Nu 69 billion Khorlochhu project progressing with new developments despite challenges
Project records 13.62 percent physical progress, stays on schedule despite geological challenges, supply disruptions and workforce shortages The Khorlochhu Hydropower Project has entered a new stage of implementation with the award of the Electro-Mechanical and Hydro-Mechanical contracts in June 2026, marking a transition from predominantly civil construction to an integrated …
Read More »PHPA-I unable to determine cause of Nu 166 mn cable fire
Around Nu 166 million worth of copper cables damaged in a fire at the Punatsangchhu Hydropower Project Authority-I (PHPA-I) storehouse in February are covered by insurance, with the claim process now underway, according to the Ministry of Energy and Natural Resources (MoENR). The update comes months after a fire broke …
Read More »Hotels say ESP interest support favours those able to repay more
Hotel owners have raised concerns that the Economic Stimulus Program (ESP) Interest Support Scheme provides greater benefits to businesses that are already able to meet their full loan repayments. Under the scheme, hotels that can repay 100 percent of their monthly loan instalments qualify for the maximum interest support from …
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