BBSCL

The deadline to apply for loans under the Economic Stimulus Programme, ending tomorrow, will not be extended. However, for the Window I Concessional loans, if funds remain, the Bhutan Development Bank will reopen applications. Same applies to Window-II Reinvigoration Fund, but will be announced by all seven Participating Financial Institutions. The ESP loan which started receiving its application beginning September...

Despite Bhutan’s goal of boosting the digital economy to contribute USD 300M to GDP by 2029, the IT sector remains ineligible for loans under the Economic Stimulus Programme. The Finance Minister explained that ESP loans are focused on sectors that directly support production and import substitution, categorizing the IT sector as part of the excluded services. As of last month,...

As the tax paying season begins tomorrow, the Department of Revenue and Customs has made some changes in its tax payment services. Over 40 trained private tax agents will assist taxpayers this season. The department has provided specialized training to these private tax agents who are mostly from accounting and auditing firms and unemployed graduates. The initiative will be helpful,...

Winter offers students the perfect opportunity to spend quality time with friends and family, creating lasting memories during the season. But, not everyone gets to share that joy. Some students in Samdrup Jongkhar are working temporarily at Orange depots to earn whatever little they can. 16-year-old Choki Lhamo will be studying in Class 12 at Karmaling Higher Secondary School next...