HEADLINE STORIES

The Royal Audit Authority (RAA) has completed a performance audit to check the Business Income Tax Administration from 2009 to 2013. While noting certain positives, the report highlights several issues and shortcomings that have an impact on revenue assessment and collection of Business Income Tax (BIT). BIT increased over the …

On 24 June 2012 a national tragedy gripped the nation as Wangdue Dzong burnt down, but a 2010-2015 performance audit on disaster management still found inadequate safety measures in Dzongs and public buildings even after the fire. A Royal Audit Authority (RAA) review of the fire safety measures in Dzongs …

The Office of the Attorney General (OAG) presented evidence on Monday 27th June against four men on trial at the Chukha District Court accused of smuggling 7 kg of Chinese gold. The accused were to relay the gold in turns from a Chinese national, Dawa, at the border of Haa, …

Bhutan over the years has experienced its fair share of natural disasters from earthquakes to floods and fire. All the while there was much pronouncement and promises by both the former and current governments to strengthen disaster management preparation and coordination. However, the Royal Audit Authority in a Performance Audit …

The Royal Civil Service Commission (RCSC) recently sent 21 names of Executive Level 2 and Executive Level 1 officials to the Cabinet. The Cabinet which has received the 21 names is looking into the list and is expected to soon select its choice before sending the final names for official …

The Department of Culture (DoC) and Royal Bhutan Police (RBP) are alerting people about a rise in the number of religious beggars and people asking for donations with fake receipts. They also said that fake religious beggars are going door-to-door asking for money after reciting prayers. An official from DoC …

The Royal Monetary Authority (RMA) has completed its report on the review of the interest rates and will be presenting it to the RMA board soon. However, according to a senior RMA official the review report is much broader than just focusing on interest rates but also looks at other …

The National Council’s  ‘Foreign Workers and Illegal Immigration in the Country’ report pointed out several issues on illegal immigration, non documentation of certain workers, large numbers of workers and issues faced by the immigration department. The Bhutanese based on the findings of the National Council (NC) report questioned the Home …

The Member of Parliament (MP) from Panbang constituency, Dorji Wangdi, during the Question Hour session, questioned the government on Press Freedom, and on senior journalists leaving the profession. The MP, without providing any specifics and names, said that on the World Press Freedom Day, issues of interference by the government …

Meanwhile RMA is looking at tinkering with base rates and creating a Money Market for more funding options Many, from the ordinary person on the street to the government now feel that Bhutan’s banks pay low rates on deposits and charge too much with much higher loan interest rates. This …