BHUTAN TODAY The New Perspective

BITS and GST softwares will ensure all aspects of the supply chain are recorded and tax leakages are sealed By Tashi Namgyal As a measure to seal tax leakages in the future, two new softwares will be developed by the Department of Revenue and Customs (DRC) next year. Bhutan Integrated Taxation Systems (BITS), and Goods and Services Tax (GST) softwares …

Royal Audit Authority issued 412 audit reports and revealed irregularities amounting close to Nu 2000 million during the past year By Rinzin Norbu The past year saw unresolved irregularities amounting to Nu 2,051.233M showing an increase of 44.95% as compared with 2019. Most increases were noted in non-performing loans of the financial institutions, Northern East West Highway (NEWH) construction and …

FM maintains his stance in the Nu 19M GR Fund saga By Tashi Namgyal The Opposition Party expressed dissatisfaction over the reprioritization of the 12th Plan activities and also lambasted the Druk Nyamrup Tshogpa (DNT) government of ‘policy corruption’ and ‘polarized politics’ amidst the usage of Nu 19M General Reserve (GR) Fund by the finance minister. “The Opposition Party has …

The Royal Bhutan Police (RBP) charged Penjore Penjore for defamation citing three Sections of the Penal Code of Bhutan 2004 By Tashi Namgyal In a breakthrough court trial session, the media was allowed to attend for the first time when the Thimphu District Court’s Bench II presented the charges that was submitted by the Royal Bhutan Police (RBP) against Penjore …

Climate Smart Agriculture in South Asia: Fostering regional cooperation for sustainable and resilient agricultural adaptation Dhaka, Bangladesh, 24 November 2021: The International Fund for AgriculturalDevelopment (IFAD), SAARC Agriculture Centre (SAC), International Food PolicyResearch Institute (IFPRI) and SAARC Development Fund (SDF) have launched apartnership for Scaling-up Climate Smart Agriculture in South Asia. The central objectiveof the partnership is to develop evidence-based …