The National Assembly (NA), on 24th June, rejected all recommendations from the National Council (NC) concerning the Budget Appropriation Bill for the fiscal year 2025–2026 and the Supplementary Budget Appropriation Bill for 2024–2025. Among the key proposals dismissed was the NC Economic Affairs Committee’s recommendation to remove Nu 45 million …

The National Council (NC) endorsed the Goods and Services Tax (Amendment) Bill unanimously by the 22 Members present on 23rd June . The adoption of two additional recommendations most notably adopting 26th May this year as the commencement date for the tax. This decision follows Section 46B of the Public …

The National Council (NC) endorsed significant recommendations to the Income Tax Bill, increasing exemption limits for non-business individuals on 24th June. One key recommendation is to exempt up to Nu 400,000 per income year on interest earned from fixed deposits. Additionally, the NC recommended the exemption cap for dividend income …

The National Assembly adopted the Excise Tax Bill of Bhutan 2025 on 17th June with 43 Members of Parliament (MPs) voting in favor and two against, out of the 45 MPs present. The Bill essentially means lower costs for cars for two reasons. The first is that it did away …

The hydropower sector is projected to create more than 50,000 jobs, achieve an installed capacity of 25,000 MW, and contribute 12–15 percent to the national GDP by 2050, as outlined in the 10X Economic Roadmap launched on 4th June. According to the Economic Roadmap, the economic growth will be driven …

In the month of May, the country recorded a total of 29,879 tourist arrivals. This figure includes both regional and international visitors. Compared to the same month in the previous year where 23,547 tourists visited the country, this marks an increase of 6,332 tourists. The numbers have gone up by …

On Friday 12th June, the National Assembly (NA) endorsed a proposal to reduce the Goods and Services Tax (GST) from the originally planned 7% to 5%, following a recommendation by the Economic and Finance Committee (EFC). The decision was passed through a majority vote by a show of hands. South …

Deferred Loans as of March 2025 RICBL has highest deferred loans in terms of value but in terms of number of accounts BDBL is on the top Sector Wise Deferred Loan as of March The Royal Monetary Authority (RMA) has announced a set of loan restructuring support measures to take …

In a major positive development, the Indian side has agreed to some important design changes and suggestions by the Bhutanese side in terms of the stabilization and rectification measures on the right bank of the 1,200 MW P I project. This development marks a crucial step forward in resolving long-standing …

 The Member of Parliament from the Lamgong Wangchang Constituency, Sonam Tashi, asked the Ministry of Industry Commerce and Employment (MoICE) regarding the insufficient maternity and paternity leave in the corporate and private sectors in the country. He stated that while civil service institutions and DHI-owned companies have introduced progressive policies …