BBSCL

Bhutanese artisans are crying foul over facing stiff competition from imported crafts products. However, according to the home affairs minister, this is not all true. During the recent Meet the Press session, the minister said that Bhutanese craftsmanship is not only surviving but also maintaining its relevance and demand in the market. While Bhutanese artisans acknowledge that Bhutanese craftsmanship has...

The Local Leaders of Paro, during the recent Dzongkhag Tshogdu, urged the Farm Machinery Corporation Limited (FMCL) to prepare machines ahead of this year’s paddy harvesting season. This request follows the district’s challenges in previous years, where a shortage of combine harvesters and frequent mechanical breakdowns disrupted the harvest. Combine harvester, a farm machine, is highly sought after by farmers...

The revenue from Personal Income Tax increased by nearly one billion ngultrum this time. As of March this year, more than 70,000 taxpayers have filed their Personal Income Tax. As of 31st March, the total personal income tax revenue for the income year 2024 amounts to Nu 2.9bn. In 2023, it was Nu 2bn and almost the same amount in...

After four rounds of negotiations, Bhutan and Thailand signed the Free Trade Agreement today. The agreement allows the two countries to trade goods without paying customs duties on each other’s products. A customs duty is the tax imposed on imported goods. Thailand is the fourth largest trading partner of Bhutan. Ahead of the Sixth BIMSTEC Summit, which starts tomorrow, Industry,...