The former BBS CEO, Kaka Tshering, appealed to the High Court on 8th July against the District Court upholding his termination from BBS. The District Court held that the termination was found to be procedurally valid. The District Court had said the employment contract signed on 1st October 2023 was …
Read More »MoESD pursues global collaborations to green Bhutan’s TVET system
The Ministry of Education and Skills Development (MoESD) is actively collaborating with international partnerships to strengthen Bhutan’s Technical and Vocational Education and Training (TVET) system, with a particular focus on sustainability, innovation and excellence. MoESD Lyonpo Yeezang De Thapa, during the 17th Meet-the-Press session, highlighted its recent engagements with key …
Read More »NA Keeps Nu 400,000 exemption for Fixed Deposits and Nu 300,000 for dividends
The National Assembly passed the Income Tax Amendment Bill 2025, confirming a higher tax exemption for interest income from fixed deposits compared to dividends. Under the new law, interest income from fixed deposits will be exempt up to Nu 400,000 per year, while dividend income will remain tax-free up to …
Read More »Bhutan’s fields of change: A push to transform agriculture for a new era
As presented in the State of the Nation report delivered by Prime Minister Dasho Tshering Tobgay on 3rd July, the government has set out a detailed plan to raise the sector’s contribution from around 15 percent of GDP to Nu 50 billion (bn) by 2029, while keeping the heart of …
Read More »Bhutan’s E-commerce businesses still rely on taxis and buses but lack of tracking slows growth
Bhutan’s E-commerce industry is growing rapidly, but many businesses still depend on an informal delivery network that relies heavily on taxis and passenger buses. While this method is widely used due to its affordability and accessibility, it lacks essential features like tracking systems, resulting in frequent delays and unreliable service. …
Read More »Parliament passes National Assembly (Amendment) Bill 2024 after joint review
The Joint sitting of parliament has passed the National Assembly (Amendment) Bill 2024, marking the conclusion of extensive deliberations and joint committee reviews. The Bill, which introduces significant amendments to the existing National Assembly Act 2008, was passed on 25th June, 2025, with overwhelming support, 50 members voted in favour, …
Read More »Millet and quinoa farming thrive in remote village of Chukha
In Zamsa village under Bongo Gewog, Chukha, farmers are making notable progress in millet and quinoa farming with growing institutional support and improved technologies. Traditionally reliant on millet cultivation, the community continues to grow five varieties of foxtail millet and two types of finger millet crops well suited to the …
Read More »National Council approves flexible expansion of rural life insurance, adds child coverage amid fiscal caution
In a unanimous decision, the National Council (NC) has endorsed sweeping changes to the Rural Life Insurance Scheme (RLIS), opting for a gradual and flexible approach to increasing coverage while making room for greater inclusion. Rather than backing the government’s pledged Nu 150,000 insurance sum outright, NC chose a more …
Read More »Govt says 10% tax on fixed deposit interest to prevent passive wealth accumulation but public not happy
Last Saturday on 31st May The Bhutanese did a story on the Income Tax Bill 2025 pointing to its various features like reductions in Personal Income Tax (PIT) slab, 30% Business Income Tax (BIT) being done away with and it now being brought under PIT, reduction in Corporate Income Tax …
Read More »BNB launches new Visa Cards
BNB CEO Sonam Tobgay said “Today, we proudly unveil the new BNB Visa Cards—designed to set us apart and enhance the banking experience for our valued customers. This launch marks another milestone in our journey of innovation and service excellence.” The BNB Director of Customer Experience, Dorji Namgyal Rinchhen said …
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