Though the Goods and Services Tax is yet to be finalized, the Ministry of Finance aims to implement it by July 2025. The Department of Revenue and Customs will start a comprehensive outreach program for businesses and taxpayers. Business units with a turnover of more than 5 million will be …
Read More »BNB launches loyalty program
Bhutan National Bank (BNB) has introduced its first Loyalty Program for its users. It is an initiative aimed at the users for their continued support throughout the years. The bank’s Loyalty Program allows customers to earn reward points for using various banking services through the mPay App, including QR payments, …
Read More »Ed Sheeran announces 2025 Mathematics Tour, First-Ever Global Concert in Bhutan
Global music icon, Ed Sheeran, is going to be the first-ever mega international singer to perform in the country. The singer has unveiled his 2025 Mathematics Tour dates, which include performances in Bhutan, India, and the Middle East from January to May. The +–=÷× Tour is being organized by Gelephu …
Read More »National Assembly backs National Crop and Livestock Insurance Scheme
The Ministry of Agriculture and Livestock (MoAL) has outlined an updated action plan to establish a national crop and livestock compensation scheme. This follows a resolution passed by the National Assembly on 17th June 2024 during the First Session of the 4th Parliament, where the government was urged to set …
Read More »Ministry of Agriculture and Livestock to explore subsidized combine harvesters
Member of Parliament (MP) Sonam Tashi from Lamgong-Wangchang Constituency raised concerns about delays in paddy harvesting in Paro due to frequent breakdowns and a shortage of aging combine harvesters. In response, the Minister for Agriculture and Livestock Younten Phuntsho acknowledged the challenges and assured that the government is willing to …
Read More »MoAL unveils plan to support highlanders in boosting livestock products
Member of Parliament (MP), Lhendup Wangdi, from Bji-Katso-Uesu Constituency raised concerns about the challenges faced by highlanders’ dependent on yak farming. In response, the Minister for Agriculture and Livestock (MoAL), Younten Phuntsho, outlined comprehensive initiatives under the 13th Five-Year Plan (FYP) to address declining yak populations, improve rangelands, and support …
Read More »3 in 10 students experience bullying
The Department of Education Program (DEP) shared that in 2023 a total of 153 secondary schools with trained counsellors reported a total of 2,171 bullying cases, with 1,115 cases involving male students and 1,056 involving female students. This does not include all the 573 schools in Bhutan including extended classrooms. …
Read More »Policies for Persons with Disabilities must go beyond paper to create real impact
Her Royal Highness Princess Eeuphelma Choden Wangchuck, the President of the Bhutan Paralympic Committee, officially launched the Bhutan SDG Partnership Week at the Royal University of Bhutan’s Convention Hall in Thimphu. Agenda Chikha is being recognized as an innovative strategy to unite people, and enhance efforts to create meaningful opportunities …
Read More »Why GST Bill was withdrawn from the Parliament session
The motion to introduce the Goods and Services Tax (GST Amendment) Bill of Bhutan, 2024 for deliberation and adoption was withdrawn from the Parliament session yesterday. According to Minister of Finance, Lekey Dorji, “We wanted to amend the GST Act 2020 again but the Cabinet advised the ministry to first …
Read More »GST to be introduced from 1st July 2025
The Goods and Services Tax (GST) system will be implemented from 1st July 2025 according to the Ministry of Finance. The GST Act was passed in 2020 but the online BITS system was not ready and so it got another extension in 2022 with an Amendment with enforcement to happen …
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