The Bhutanese Leading the way.
Modi to address a joint sitting of the Parliament, receive an audience with His Majesty the King and His Majesty the Fourth King, and unveil some projects On the eve of the Indian Prime Minister Narendra Modi’s visit and amidst the hectic preparations and scheduling of meetings, Prime Minister Lyonchhen …
Read More »Only 19% of Bhutanese households own a family car
One the major reasons that the National Assembly approved high vehicles taxes ranging from 100 percent for small cars to 180 percent for bigger cars was due to the allegedly high number of vehicle ownership and imports. The Tax Bill of the government even went to the extent of putting …
Read More »Preparations in earnest to welcome the indian PM
With the Indian Prime Minister, Narendra Modi expected to be in the country on Sunday, preparations are in full swing to welcome him starting from Paro all the way to Thimphu. The visible activities are maintenance and repainting of road dividers along the express way, decoration of the roads with …
Read More »MP’s help themselves to a generous entitlement pie
With the twenty five ‘yes’ votes and “11” no votes the National Assembly (NA) on Wednesday passed the Parliamentary Entitlement Bill 2014 that will make MPs a lot more prosperous with additional hikes and perks. The bill will only be finalized upon the recommendations from the National Council (NC) which …
Read More »Vehicle import to be allowed but with heavy taxes and additional fuel tax
Also small rural businesses to be exempt from Bit and fixed deposit earnings to be no longer charged with Pit For those itching to buy a new vehicle, they may jump for joy as the government will allow import of vehicles, but their enthusiasm may be dampened after taking a …
Read More »PM confirms Modi’s visit calling it historic
The upcoming visit of the newly elected Indian Prime Minister Narendra Modi to Bhutan will be a historic visit said Prime Minister Tshering Tobgay during a press conference yesterday. The Indian Prime Minister will be in Bhutan for a two day visit from June 15 to 16. This is his …
Read More »DHi to review pay structure while MoF corporations hope for a hike
In what has almost become a time honoured tradition, a civil service pay hike is usually followed by a pay hike by Druk Holdings and Investment (DHI) companies and Ministry of Finance owned (MoF) corporations. The DHI Chairman Dasho Sangay Khandu said that DHI would be conducting a study to …
Read More »A close look at the govt’s plans to spend Nu 37 bn in the 2014-2015 budget
The government’s 2014-2015 budget will see the government spending Nu 37.09 bn of which the current expenditure (salary, fuel, stationery etc) will be Nu 21.89 bn and the capital expenditure (construction of roads, schools, hospitals etc) will be Nu 15.20 bn. This would mean 51 percent for capital expenditure and …
Read More »Combined pay hike and house rent allowance comes to around 25% total hike for most civil servants
And not 40% plus hike as most people had calculated Understanding the pay hike rates in the government’s complicated final Pay Revision report, approved by the Cabinet, did not come easy to many of us. The confusion was made worse by various sources interpreting different hike rates. A separate Pay …
Read More »Generous pay hike for ministers and others
The government’s final pay revision report recommended hiking the salary of the Prime Minister from the existing Nu 78,000 to around Nu 180,000 while for the ministers the hike recommended was from the existing Nu 78,000 to around Nu 130,000. After much discussion and deliberation in the National Assembly going …
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