The possibility of closure of the special education loan given by the commercial banks, BoB, Druk PNB and BnB, has many people worried. A few of the anxious people say their prospects of moving abroad to explore new opportunities will end if there is no loan to fund their education.   …

In the State of the Nation Address (SOTN), Prime Minister Dasho Dr Lotay Tshering briefed the nation on the status of the foreign reserves currently, at USD 776.63 million (mn).  According to the SOTN, the net financial inflows which finances the current account deficits has been decreasing due to lower …

The International Day of Elimination of violence against women was celebrated on friday with the launch of Her Majesty Gyalyum Sangay Choden Wangchuck’s Lunana Initiative, the gender assessment in hydropower, road and bridge construction sites report by NCWC and the launch of RENEW’s movie titled Gencha. Respect, Educate, Nurture and …

The country’s taxation system feels unjust with people having to pay high taxes when they can’t enjoy basic amenities, especially in those areas which are recognized as urban areas in districts like Zhemgang, Gasa and Pemagatshel.  In some districts of the country, people living in the areas classified as urban …

During the question and hour session in the National Assembly yesterday, the Member of Parliament of the Sombaykha constituency, Dorjee Wangmo, questioned the Ministers of Health and Education respectively on the lack of ECCD facilitators, lack of medical staff, closure of Manam Primary school and need of Basic Health Centre …

The Finance Minister, Namgay Tshering, updated the members of National Assembly on Samtse-Phuentsholing highway work progress and NPL during the question and answer session. The busy Samtse-Phuentsholing highway was in an immediate need of repair and renovation. According to the Finance Minister, Nu.33-37 million has been invested to renovate the …

After two days of thorough deliberations in the National Assembly (NA) on 16 and 17November, the House finally adopted the Tax Bill of Bhutan 2022. With the Finance Minister moving the motion to adopt the Bill, it was passed with 45 Yes and 1 Abstain votes from the 46 members …

With the Property Tax Bill under deliberation, the local leaders believe the Bill should have been discussed at the grassroot level as the highest impact will be felt by the low income group of people, in terms of financial burden and rental increase. The Bhutanese talked with some of the …

The special education loan scheme introduced by the Royal Monetary Authority (RMA) from Monday has attracted almost 1,300 applications within a week and still counting with the three commercial banks, Bhutan National Bank (BNB), Bank of Bhutan (BoB), and Druk Punjab National Bank (DPNB). After much outcry from the public …

Much buzz has been generated among the consumers with the introduction of the new Tax Bill. There are some that are relieved that taxes on essential good have actually reduced. The local industries are hopeful for a chance in the market for their products with the new Tax Bill. The …