With the National Assembly (NA) endorsing a 10% tax on interest income from fixed deposit interest income above Nu 300,000, the big question is how will the tax be levied after 1st January 2026 when the tax becomes effective. The worry is especially for those who may have a long-term …

The Royal Bhutan Police (RBP) charge sheeted the 24-year-old female driver in the Zilukha accident case on Thursday with two charges of Culpable Driving and Failure to Obey Zebra Crossing rule ,which are listed in the Road Safety and Transport Act 1999 and the Road Safety and Transport regulations. The …

A combination of the 5% GST applied on electricity and an upcoming three-year domestic power tariff review will mean higher power bills for all Bhutanese households and businesses. Electricity had originally been exempted from the GST, but the Economic and Finance Committee (EFC) put it under the GST. It simply …

GST concerns from both officials and business people The Goods and Services Tax (GST) Bill has been passed in the National Assembly (NA), and is currently under discussion in the National Council. However, there are some concerns. The first issue is that the reduction of the GST rate from the …

As the debate on the 10% tax on fixed deposits raged online, as proposed in the Income Tax Bill 2025, the Finance Minister, Lekey Dorji, entered the debate through his personal Facebook page sharing a series of data on individual and institutional fixed deposit holders. The data shared by the …

On 9th June at the Chubachu-Jungshina highway at Zilukha, a speeding Creta vehicle hit a 20-year-old woman crossing the zebra crossing. The vehicle hit her twice and then dragged her underneath the car for 30 to 40 meters from the zebra crossing. The 20-year-old woman who is a class 12 …

On 17th December 2024 a 43-year-old Sonam Tobgay, from Katsho Gewog, Haa, was caught by Chinese border guards in Tibet (China) carrying a tightly wrapped package. The package was later found to be around 900 grams of ‘brown-sugar’ or heroin, and Sonam now faces either the death sentence or a …

The Royal Monetary Authority (RMA) is currently in the process of reviewing the framework of the Minimum Lending Rate (MLR) with the main aim being to lower the lending rates. RMA is carrying out the exercise to soften the loan repayment burden, as the loan deferral comes to an end, …

First time home owners, disabled or children and spouse disabled, parents with more children, salaried class, small businesses, big businesses etc. to all benefit The Income Tax Bill 2025 has major changes that will put more money in the pockets of salaried people, small businesses, and even large corporations. Personal …

One of the important legislations under the wider tax reforms is the Excise Tax Bill 2025 that places Excise Tax on Tobacco and related products, Alcohol and alcoholic beverages, Pan Masala or Supari, Aerated waters (Carbonated drinks) and Vehicles. The cumulative effect of the flat 7% Goods and Services Tax …