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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...

GMC to include Bitcoin and other digital assets in strategic reserves

GMC to include Bitcoin and other digital assets in strategic reserves

Gelephu Mindfulness City, GMC, has announced plans to adopt digital assets such as Bitcoin, Ethereum, and Binance Coin in its strategic reserves. According to a GMC social media post, the move makes the Special Administrative Region one of the first jurisdictions globally to officially hold digital assets as reserves. Strategic reserves refer to assets or resources set aside to ensure...

New irrigation scheme promises better yields and livelihoods in Dagana

New irrigation scheme promises better yields and livelihoods in Dagana

Farmers of Thasa and Kompa chiwogs of Dagana’s Laja Gewog will finally have access to reliable irrigation water starting this year. The irrigation water scheme for the two chiwogs is nearing completion. This is expected to boost agricultural production, especially rice yield and improve farmers’ livelihoods. Farmers in Thasa Chiwog are currently busy threshing paddy grown mostly using rainwater 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...

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