In February 2022 the Ministry of Labour and Human Resources (MoLHR) came out with ‘The Regulation for Training Consultancy and Placement Firms (TCPF),’ which allowed the registration of TCPF Consultancies to provide ex-country Technical and Vocational Education Training (TVET) studies (diplomas) in recognized institutions. After the regulation around 16 mainly …
Read More »ACC Detains Phajo Nidup, Bank and Thromde officials
The Anti Corruption Commission (ACC) has launched its investigation of the Phajo Nidup case running into hundreds of millions of Non Performing Loans, double and triple mortgages and others issues. The ACC recently detained Phajo Nidup, some of his relatives, bank officials, Phuentsholing Thromde officials, and an RSTA official. The …
Read More »Property taxes to go up as Bill says 0.1% land and building tax based on actual value of land and building
The Finance Minister Lyonpo Namgay Tshering presented the Property Tax Bill of Bhutan 2022 today where he said that land tax will no longer be charged based on the area, but based on the value of the land and also the building. He said that the valued based land tax …
Read More »Taxes increased on imported furniture, meat, cement, plastics, junk food, tobacco, cars and decreased on essentials
The Finance Minister Namgay Tshering today introduced the Tax Bill 2022 which increased the indirect Customs Duty (CD) for third country imports, Sales Tax (ST) and Green Tax (GT) on an array of items. Lyonpo said the taxes are being introduced as the country’s economy is not in a good …
Read More »His Majesty speaks from the heart
In the last few months ever since a series of transformation reforms began in various sectors, there has been some confusion, some fear and apprehension and a degree of uncertainty. However, after His Majesty The King finished his Royal Address to the Parliament on Friday there was not a single …
Read More »10,000 MW by 2020 given a quiet burial with P I and II as the last projects
Indian team not for the barrage solution proposed by Bhutan for P 1 The Indian Power Secretary Alok Kumar and his team was in Bhutan on an official visit from 29 October to 1 November during which he met with the Prime Minister Dasho Dr Lotay Tshering and had discussions …
Read More »Draft Clean Wage Document proposes Nu 8,000 to Nu 1,000 hike for CS
A leaked copy of a draft Clean Wage Document sent by the Ministry of Finance (MoF) to the Ministry of Education (MoE) in April 2022 gives an idea of what the 5th Pay Commission is working on as part of the Clean Wage reforms for the civil service. A recent …
Read More »Bhutanese spent Nu 1 billion as fees for studying in Australia in last 3 yrs 6 months
The popular assumption about the Australia rush is that it is a one-way remittance ticket with large amounts of remittance coming into Bhutan and while that may be true to a certain extent, what is not take into account is also the money sent the other way for fees and …
Read More »His Majesty Graced the 5th Royal Highland Festival in Laya
Staff Reporter/ Thimphu His Majesty The King graced the Royal Highland Festival, which is being held on 23rd and 24th October in Laya, Gasa. The Royal Highland Festival was initiated by His Majesty The King in 2016, as an annual event celebrating and showcasing the unique Highland culture and beauty. …
Read More »The factors behind the high rates of sexual assault and molestation of children in Bhutan
Tenzing Lamsang/ Thimphu The Psychiatry Department of the Jigme Dorji Wangchuck National Referral Hospital (JDWNRH) within a space of two weeks are giving counseling for 5 cases of rape and attempted rape of young girls ranging between the ages of 6 and 9. The 5 cases Two of the cases …
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The Bhutanese Leading the way.