The Bhutanese Leading the way.
Out of a total of 83 cases filed by the Office of the Attorney General (OAG) around 73 have been convicted in the Phuntsholing Immigration scam investigated by the Anti Corruption Commission (ACC). Of the 73 convicted so far there are 27 Department of Immigration officials who as per the …
Read More »Govt decides to set up State Owned Enterprise for Lottery business
However, issues from the past still remain unresolved This week, the cabinet approved the Ministry of Finance’s plan to set up a State Owned Enterprise (SOE) for the purpose of starting the Lottery Business. As a start the SOE will set up a paper lottery business like the Bhutan …
Read More »Upcoming vacancies for RMA Governor, 4 Ambassadors and 7 secretaries
Bhutan is heading for some major changes at the top levels of the government on the account of many senior officials finishing their official terms. The post of the RMA Governor is already vacant since the first week of August 2015, four Ambassadors will soon be back by September and …
Read More »Helicopter Company’s focus is to keep costs low
The first H 130 helicopter which is being designed and manufactured by Airbus helicopters will arrive in the country on November 3, 2015. The other helicopter is expected to arrive in May or June next year. RBHSL (Royal Bhutan Helicopter Service Limited) will be going about with a lean-start up …
Read More »6.603 bn in Fiscal Incentives from 2010-14 went mainly to big businesses and govt
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 …
Read More »Cabinet turns down DHI’s Double Taxation proposal
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 …
Read More »Mountains Echoe to the 60th anniversary of the Great Fourth
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 …
Read More »LPG Gas woes deepen as people cook electric
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 …
Read More »MoF cites SC tax verdict and Nu 6.6 bn fiscal incentives of ex-govt to justify book tax exemption
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 …
Read More »5 workers feared dead after landslide at MHPA dam site
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 …
Read More »