The Tax Bill of Bhutan 2022 introduced in Parliament touches a wide array of products where there are both increases and decreases (see Box 1 and 2). When it comes to increases one of the major reasons was for promoting good health which is where items like tobacco, betel nut, …

After the presentation of the Property Tax Bill in Parliament a big question on the minds of many Bhutanese will be what the land tax rates will be like for them once the bill is passed, whether the land is in urban or rural areas. The paper found that the …

A few months ago the Ministry of Foreign Affairs (MFA) and the Ministry of Economic Affairs (MoEA) drafted and sent an MoU to Delhi on fuel supply as an effort to have the first ever MoU between the two governments focusing mainly on the consistent supply and also lower pricing. …

With the Civil Service Reform Bill passing in the National Assembly and it expected to sail smoothly through the National Council, one major change is the reduction of 10 ministries into nine. This is due to the deletion of two ministries which are the Ministry of Information and Communication (MoIC) …

On the day that the Tax Bill was introduced in Parliament on 8 November, 2022 the Finance Ministry issued a notification signed by Lyonpo Namgay Tshering saying that the revised Customs Duty, Sales Tax and Green Tax rate will be applicable on imports made on or after 8 November. The …

In February 2022 the Ministry of Labour and Human Resources (MoLHR) came out with ‘The Regulation for Training Consultancy and Placement Firms (TCPF),’ which allowed the registration of TCPF Consultancies to provide ex-country Technical and Vocational Education Training (TVET) studies (diplomas) in recognized institutions. After the regulation around 16 mainly …

The Finance Minister Namgay Tshering today introduced the Tax Bill 2022 which increased the indirect Customs Duty (CD) for third country imports, Sales Tax (ST) and Green Tax (GT) on an array of items. Lyonpo said the taxes are being introduced as the country’s economy is not in a good …

The Draft Clean Wage Document of the Ministry of Finance in phase two of the Clean Wage reform recommends exiting all in house drivers from the civil service, remove office cars, do away with the system of of traveling in private cars and claiming mileage. It says this service could …

In the last few months ever since a series of transformation reforms began in various sectors, there has been some confusion, some fear and apprehension and a degree of uncertainty. However, after His Majesty The King finished his Royal Address to the Parliament on Friday there was not a single …

Indian team not for the barrage solution proposed by Bhutan for P 1 The Indian Power Secretary Alok Kumar and his team was in Bhutan on an official visit from 29 October to 1 November during which he met with the Prime Minister Dasho Dr Lotay Tshering and had discussions …