A notification signed by the Finance Minister Namgay Tshering notified all the ‘real’ property owners to declare the annual rental income correctly while filing the PIT returns for the Income Year 2021. It said the Ministry shall cross verify the rental income declared against the information gathered during the year …

The  Minister for Works and Human Settlement Tshering Dorji presided over the ground breaking ceremony for widening and improving the 7.3 km Kurizampa- Gyelposhing Road today. This road is a part of the vital network that connects five eastern Dzongkhags to the growing economic hubs of Gyalposhing and Nanglam towns and …

The Member from Athang-Thedtsho constituency, Kinley Wangchuk moved the motion to lift the ban on the Bar License in Bhutan seconded by the Member from Chhoekhor-Tang constituency. According to the Member from Athang-Thedtsho, studies show that the restriction of bar license since 2010 has not reduced consumption of alcohol but …

His Majesty The King and His Majesty The Fourth Druk Gyalpo offered prayers and Karmi Tongchoed at the Kuenrey of the Tashichhodzong for General Bipin Rawat, the Chief of Defence Staff of the Indian Armed Forces, his wife Mrs. Madhulika Rawat, and 11 armed forces personnel who lost their lives …

In a recent meeting between the Royal Monetary Authority (RMA) and board of T-Bank, a board member asked the RMA Governor if Financial Institutions (FIs) can give dividends for 2021. However, the Governor replied in the negative saying this is not the right time to give dividends especially with the …

Ever since the start of the pandemic in March 2020, Bhutanese have been the recipient of an extraordinary monetary assistance firstly in the form of the Interest Payment Support Kidu from His Majesty The King, followed by a blanket loan deferral for more than two years from March 2020 to …

Lyonchen Dasho Dr. Lotay Tshering graced the inauguration ceremony of the Semjong Integrated Water Supply Scheme in Tsirang on 26 November 2021. Officials from His Majesty’s Secretariat, MoAF, MoWHS, Armed Forces, De-suung, and DHI joined the Local Government and the people of Dangreygang Chiwog under Semjong Gewog to mark the …

The Druk Phuensum Tshogpa (DPT) in a press release said it came to learn during the recent reprioritization of the 12th Plan activities, some critical national programs have been dropped, and the Government has diverted disproportionate amount of budget to the Prime Minister’s and Bye-Election Constituencies. The party said further, …

In 2020 Bhutan saw the highest ever remittance flow of Nu 8.269 billion (bn). This was higher than the combined remittance of Nu 2.901 bn in 2019 and 3.032 bn in 2020. It was theorized by some that the 2020 remittance may be a one off due to COVID and …

The 2020-21 Annual Audit Report has found that the Ministry of Finance (MoF) transferred Nu 19 mn from the ‘Local Government Election’ budget under the General Reserve to fund capital works activities in various Gewogs under Paro Dzongkhag during the Financial Year (FY) 2020-21. Of the five Gewogs that got …