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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...

Land investment opportunities boost Gelephu Tshechu attendance

Land investment opportunities boost Gelephu Tshechu attendance

The Gelephu Tshechu in Sarpang drew a huge crowd of devotees from neighbouring gewogs and districts this time. Although the festival usually draws a decent number of people, this time the courtyard was jam-packed with spectators. Many attributed the turnout to visitors from across the country exploring land investment opportunities at the Gelephu Mindfulness City and officials attending seminars and...

Bhutan Cricket Council introduces player grading and contract system

Bhutan Cricket Council introduces player grading and contract system

Bhutan Cricket Council Board is introducing a system to grade and recruit players on contract. This is to foster professionalism and support the future of the sport in the country. Close to 40 players, including both male and female athletes, will be contracted as part of this initiative. The players will be categorised into four grades and paid accordingly based...

Government introduces Bill Discounting Facility to expedite contractor payments

Government introduces Bill Discounting Facility to expedite contractor payments

Contractors working on government projects can expect to receive their payments on time. The financial institutions introduced a new service, the Bill Discounting Facility today. This service is designed to expedite payments to contractors who usually experience delays in receiving payment upon completion of their work due to prolonged processes. However, with this facility, contractors will be able to present...

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