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DRC’s new tax intermediary pilot programme receives positive feedback

DRC’s new tax intermediary pilot programme receives positive feedback

The tax season has begun and over 300 businesses in Thimphu have already filed their Business Income Tax through tax intermediaries. Launched as a pilot project last year, the initiative is gaining positive feedback from taxpayers. By streamlining the process, tax intermediaries have made filing more accessible and efficient for taxpayers. The Department of Revenue and Customs trained 90 tax...

Stock market participation soars: transactions increase tenfold since 2018

Stock market participation soars: transactions increase tenfold since 2018

The Royal Securities Exchange of Bhutan, RSEBL, is seeing increased stock market participation. The stock market recorded more than 25,000 transactions last year.  This means investors have bought and sold stocks more than 25,000 times. It is a 30 per cent rise compared to 2023. The surge is attributed to improved accessibility to the stock exchange market through the m-CaMS...

Human negligence fuels rising forest fires in Bhutan, threatening biodiversity and livelihoods

Human negligence fuels rising forest fires in Bhutan, threatening biodiversity and livelihoods

Bhutan loses acres of forest to fire every year, raising concerns about the impact on biodiversity, climate, and the livelihoods of forest-dependent communities. The country witnessed an increasing number of forest fires for three consecutive years. According to the Department of Forests and Park Services, 99 per cent of forest fires are caused by human negligence. Despite countless fire prevention...

Beekeeping gains momentum in Jangchhogling village

Beekeeping gains momentum in Jangchhogling village

Beekeeping has emerged as a promising source of income for residents of Jangchhogling village in Samtse, with almost every household now engaged in the practice. Thanks to a training provided last year, villagers are embracing modern beekeeping techniques, leading to improved yields and livelihoods. Just a year ago, beekeeping was a little-known practice in Jangchhogling village. While a few households...

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