India has allocated its largest share of foreign aid to Bhutan, among its neighboring countries for the fiscal year 2015-2016. This was declared during the presentation on “Indian Budget (2015-16): Opportunities for Bhutan”, organized by the Indian Embassy in Bhutan, for first time, at Hotel Taj Tashi in Thimphu, yesterday. …
Read More »MPs who imported Prados have to now pay 50% sales tax with grace period over
The Sales Tax will be only be refunded once the Entitlement Bill receives Royal assent According to a senior official in the Ministry of Finance, the Department of Revenue and Customs (DRC) will be asking the three MPs who imported Prado’s over a month ago, without any vehicle quota, to …
Read More »DHI decides to go in for its own pay hike model in the future
The Druk Holdings and Investment board in its meeting on Tuesday gave the go ahead to DHI to implement its own annual salary increment system which will no longer be linked to the ad-hoc salary hikes in the civil service. DHI Chairman Dasho Sangay Khandu said, “The board decided that …
Read More »Govt to allocate plots in Industrial Estates from July 2015 after EDP and FDI is revamped
In a move that will be welcomed by industrialists and investors, the government will start allocating plots in all or most of the four new planned Industrial Estates from July 2015 onwards. The Minister for Economic Affairs Lyonpo Norbu Wangchuk said, “The government will finalize the Economic Development Policy by …
Read More »DHI gives 24.5 to 32 percent pay hike to maintain 15 percent edge over civil service
The catch is that the performance based allowance has been increased In what will be welcome news for 6,627 employees of Druk Holdings and Investment (DHI) owned companies, the DHI board has approved a pay hike of 24.5 percent to 32 percent. The hikes have been applied in a staggering …
Read More »MP’s vehicle quota not yet cleared but MPs already driving imported Prados
While the civil servants have to patiently wait for their quotas before buying vehicles, some Members of Parliament (MPs) have already gone ahead and imported their Toyota Prados on quota, even without the Ministry of Finance (MoF) issuing vehicle quotas for MPs as yet. The MoF has not issued vehicle …
Read More »BHEL CMD’s tenure being reviewed by Indian govt
In an interesting and indicative move the Indian government on 3rd February 2015 floated a vacancy for the Bharat Heavy Electrical Limited (BHEL) Chairman and Managing Director’s (CMD) post. This is in spite of the fact that the current BHEL CMD’s tenure officially ends only on 31st December 2015 which …
Read More »RBP says national crime rate has dropped by 15%
The nationwide crime rate has dropped by about 15% in 2014, as declared by the Royal Bhutan Police (RBP) in a press conference on February 12. 2775 crime cases were reported in 2014, showing there were 513 fewer crime cases in 2014 compared the 3288 crime cases reported 2013. The …
Read More »First hearing of the Lhakhang Karpo case
The first hearing of the Lhakhang Karpo case was held on 9th February in the Haa district court where the Office of the Attorney General listed out the various charges against the seven defendants in the case. The Foreign Minister who is on authorized absence was charged with two cases …
Read More »Two adults and 8 candidates involved in English II paper leakage to face action
Meanwhile students have done better this year with a higher pass percentage The Bhutan Council for Secondary Examinations and Assessment (BCSEA) has asked for the appropriate professional agencies, like the Office of Attorney General, Cabinet Secretariat and the Police, to take appropriate legal or administrative action on the two …
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The Bhutanese Leading the way.