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 …
Read More »Over 30,000 Bhutanese subscribe to GNBB
As of 12.20 PM on 30th May, there a total of 24,040 people subscribed to the Gelephu Mindfulness City Nation Building Bond (GNBB) with a value of Nu 2.364 billion (bn). This reached 31,772 people with Nu 3.019 bn on 12.20 pm 2nd June after an extension was given till …
Read More »Bhutan wins medals in judo and archery
With back-to-back victories in judo and archery, Bhutanese athletes are proudly marking the nation’s presence in international sports. From powerful throws on the judo mat in Bangladesh to precise shots in the archery range in South Korea, Bhutanese athletes are proving their strength, skill, and determination. The Bhutan Judo Federation …
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The Bhutanese Leading the way.