A major tax change that is being proposed in the upcoming Parliamentary session is doing away with the Business Income Tax (BIT) entirely, and instead replacing it with the Personal Income Tax (PIT). Currently, companies that are not incorporated or are single proprietor-owned, like grocery shops, restaurants, etc., come under …
Read More »Russian Drug Smuggler never visited Bhutan
On 6th May media outlets in Thailand reported that Denis Bichuk, a 36-year-old Russian, admitted to smuggling 415.72 grams of hashish to Thailand that he claimed he picked up in Bhutan and ingested in condoms to avoid customs’ check. Denis was arrested by Police in the island of Koh Phangan …
Read More »RSF corrects miswording in Bhutan report and explains the press ranking drop
RSF also shares tips on how Bhutan can get its press freedom rankings up The 2025 World Press Freedom Index by Reporters Without Borders (RSF) delivered a rude shock for the six private newspapers in Bhutan when its country report on Bhutan under the topic ‘Economic Context,’ said, “Privately owned …
Read More »The reality of studying in Germany for Bhutanese students
Last year around October, The German-Bhutan Himalaya Society, a friendship society based in Germany was approached by around 20 Bhutanese students in Berlin to help with getting housing. A member of the society, on the condition of anonymity, told this paper that Bhutanese students arriving in Germany are struggling with …
Read More »Adani Group and DGPC close to signing agreements over Wangchu
In a major development it has been learnt that the Adani Group and the Druk Green Power Corporation (DGPC) are close to signing several major agreements over the Wangchu Hydro power project which will be located downstream of the Tala project in Chukha. The agreements will either by signed this …
Read More »Bhutanese can finally get SIM cards in India
In a positive move, Bhutanese citizens traveling to India can finally get SIM cards on reaching there. The Ministry Foreign Affairs and External Trade (MoFAET) confirmed that the Government of India (GoI) has started providing SIM cards to Bhutanese by the end of 2024. The ministry said that Bhutanese can …
Read More »The Royal Visit: A convergence of history and common interests
For an increasing number of Bhutanese, Thailand is like a winter home, welcoming with its warm climate, kind people, great food, vibrant tourism, abundant shopping and renowned hospitality. There is also an increasing number of Bhutanese families choosing Thailand for childbirth, highlighting Thailand’s role as a hub for medical tourism. …
Read More »Helicopter Insurance case in final stages at Civil Court
On 12th July 2024, farmer Gyem Gyeltshen, through his legal representative, decided to sue the Druk Air seeking compensation for the deaths of his 38-year-old wife, Dresang Dema, and his four-year-old daughter, Nima Peday, in a helicopter crash on 3rd March 2023. He is also seeking compensation for injuries and …
Read More »Department of Trade and IOCL agree to work together to ensure fuel quality
Last year, this paper reported on how many new Euro 6 diesel vehicles of different car companies were breaking down with similar engine problems. The main suspect was the quality of diesel fuel coming in from India, and this was borne out when two fuel quality reports from broken down …
Read More »Stock Market in the Red
The Royal Securities Exchange of Bhutan Limited (RSEB) which is Bhutan’s only stock exchange or market has mainly been showing red or decreased value of shares in recent times. The Stock Exchange has 18 listed companies of which, as of Friday, 14 are down, one is unchanged and only three …
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The Bhutanese Leading the way.