BUSINESS

MoF clarifies Property Tax instalment payments

The Ministry of Finance (MoF) clarified that while the Property Tax Act of Bhutan 2022 allows property tax payments to be made in instalments, such arrangements are intended as a discretionary relief measure for taxpayers facing genuine financial hardship rather than a standard mode of payment. The clarification came in …

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NC concludes deliberations on Financial Services Amendment Bill

The National Council concluded its deliberations on the Financial Services (Amendment) Bill 2025 on 4th June, paving the way for all insurance companies to provide both life and general insurance services. Representing the government, Finance Minister Lekey Dorji stated that the Financial Services (Amendment) Act of Bhutan primarily serves to …

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NA adopts ICAO amendments, citing benefits for Bhutan

The National Assembly on 2nd June 2026 unanimously adopted the Convention on International Civil Aviation (Amendment) 2016, endorsing changes that expand representation in two of the International Civil Aviation Organization’s (ICAO) key governing bodies, strengthening Bhutan’s prospects for greater participation in global aviation decision-making. All 42 members present and voting …

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Migration as a Climate Adaptation Strategy in Bhutan?

Bhutanese society has always been mobile, with people moving, for shorter and longer periods, for trade and livelihoods, pastoralism, pilgrimage, and other reasons. However, what is different today is the growing influence of climate change on migration decisions. Yet, our academic and policy approaches have yet to fully acknowledge this …

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