HEADLINE STORIES

This paper has found that the overwhelming amount of the Nu 6.603 bn in fiscal incentives which started from 2010 till 2014 benefitted mainly big manufacturing industries located in Pasakha and other areas. Also of the remaining amount many of the incentives also went back into the government coffers with …

The Cabinet in a meeting held earlier this year turned down the Druk Holdings and Investment’s (DHI) proposal to do away with what DHI said was double taxation of its earnings. According to a senior government official the cabinet turned down DHI’s proposal as the cabinet felt that if the …

The sixth edition of the annual Mountain Echoes which has now become an institution in itself was this year dedicated to the 60th birth anniversary of His Majesty the Fourth King. The festival itself from August 19th to 22nd is a part of the 60th birth anniversary celebrations. The festival …

PM says govt could consider asking for India to increase quota The government may be trying to promote more electric cars but its LPG consumer card policy has instead lead to increased sales and use of electrical appliances for cooking. The people are doing so out of sheer desperation when …

The Ministry of Finance (MoF) in a pres s conference on Friday evening countered the Opposition Party’s assertion that the Tax exemption granted on books by the MoF was in violation of the Constitution and the Supreme Court’s tax verdict of 2011. Finance Minister Lyonpo Namgay Dorji said that the …

Five Jai Prakash workers are trapped under the debris after a landslide at the MHPA (Mangdechu Hydroelectric Project Authority) dam construction site. Given the nature of the slide officials at the site fear they could all be dead. The incident happened yesterday at around 11 am. According to the MoEA …

The Royal Civil Service Commission (RCSC) will take a decision this month on the reassignment of the former Ministry of Economic Affairs Secretary Dasho Sonam Tshering and the former Foreign Secretary Yeshey Dorji. According to a reliable source the RCSC will not be reassigning the two secretaries to the post …

In the backdrop of growing concerns over delays, cost escalations and other issues, the Comptroller and Auditor General of India (CAG) has written to the Royal Audit Authority (RAA) to do a joint Performance Audit on, “Implementation of Hydropower Power Project by the Punatsangchu Hydroelectric Project Authority (PHPA-I).’ Performance Audits …

The Office of the Attorney (OAG) on Monday will be filing its appeal to the High Court against the Haa Dzongkhag court verdict against the former Foreign Minister and now Member of Parliament (MP) Rinzin Dorji. However, the OAG will only be appealing the DCM misuse aspect of the verdict …

Jigme Dorji Wangchuck National Referral Hospital (JDWNRH) has only one Magnetic Resonance Imaging (MRI) machine and one Computed Tomography (CT) scan machine. And both the machines are old and do not function well with occasional breakdowns. Therefore, the patients have to wait for a longer time then what their doctors …