BBSCL

With rising salaries pushing more people into the taxable income bracket, the finance ministry is reviewing the personal income tax exemption threshold. The review aims to ease the tax burden, particularly for lower and lower-middle-income salaried employees. The finance minister shared this during today’s "Meet the Press" session. During the session, Finance Minister Lekey Dorji said that the current tax...

Bhutan aims to increase its GDP to USD 22bn by 2050, requiring an annual growth rate of eight percent. To achieve this, the country plans to invest in core and emerging sectors such as hydropower, tourism, agriculture, digital economy, manufacturing and mining among others. This is according to "Bhutan’s 21st Century Economic Roadmap - A 10X National Economic Vision" the...

With almost half of its construction completed, the Norbugang Industrial Park in Samtse is steadily taking shape. Key infrastructure, including roads, power supply, and water systems, is well underway. Meanwhile, seven out of nine ferro-silicon factories are making significant strides, with some gearing up for commissioning within this year. Over a year, the Norbugang Industrial Park in Samtse has evolved...

Bhutanese visit hot springs, believing that they can cure certain illnesses and diseases. While soaking is a common practice, some visitors also drink the water, thinking it has healing benefits. However, a recent study conducted at the hot springs in Gasa, Koma and Chhubu suggests otherwise. It showed that there is a high content of sodium and alkalinity which is...