BBSCL

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...

Bhutanese entrepreneurs and businesses will benefit from equity financing as the government moves to foster a dynamic startup and innovation ecosystem. In line with its commitment of USD 100 M, the government will soon sign an agreement with a globally renowned venture capital firm. The Minister for Industry, Commerce, and Employment said that an open, accessible, and transparent application process...

Hazelnut growers in the country can look forward to increased support and better prices. In a major boost to the country's sustainable agriculture sector, Mountain Hazelnuts Venture has secured a landmark USD 7.9 M in equity funding to expand its climate-resilient farming initiatives. The company, Bhutan’s first fully foreign direct investment (FDI) venture, is set to scale up its operations...

As the country faces the rising threat of Non-Communicable Diseases or NCDs, the health ministry is now equipping religious leaders with the knowledge and skills to reduce preventable health risks. During the last two days, health coordinators from the Central Monastic Body and the Chhoedey Lhentshog across six eastern districts took part in an NCD prevention training in Samdrup Jongkhar....