Poison givers: forbidden tales of suffering

In the remote eastern village of Jalang under Minjay gewog in Lhuentse, a dark shroud of mystery covers 48-year-old Tsheringmo who has been labeled a poison giver, popularly known as dug-bekhan. A sickly mother of four children whose husband works as a farmer, she is ostracized by the villagers who believe that eating or drinking […]

Cement imports to be cheaper than production post-GST

The overall profit margin of the cement manufacturing industries in the country might decrease after the Goods and Services Tax (GST) was introduced in India last Saturday. The import of cement to Bhutan from India would become cheaper by about 10%-15% as export from India will have zero taxes. However, Senior Consultant and Executive Head […]

High court prioritizes monetary cases

Second only to criminal and matrimonial cases       The commercial bench of Thimphu district court recorded 205 monetary cases from February till June this year while 35 monetary cases are pending with the high court as of now. High Court Drangpon Lungten Dubjur said that with increasing monetary cases in the country, the […]

Fiscal Incentives: a democracy debate

There is déjà vu in the air. The ruling government pulled the former to court in 2010 for not abiding by the Supreme Law of the land when it imposed vehicle taxes without seeking the parliament’s approval. That time, mudslinging and name calling ensued; this time too, we see a repeat. Only this time, a […]

Ferrosilicon industries in the dark about GST impact

Resulting in pending consignments to be exported   Most ferrosilicon industries are speculating how the imposition of Goods and Services Tax (GST) would impact them. Without concrete knowledge on the implications, they are wondering how export of their product will be affected post-GST. The Indian government since July 8 imposed 5-18% GST on the export […]

GST implications for Bhutan still unclear

Bhutan closely observed the Goods and Services Tax (GST) imposed by India starting July 8, a landmark tax reform by the Indian government, since it would definitely be affected by this gargantuan move within its largest trading partner. However, a week after GST was introduced; Bhutan still does not seem to be very sure about […]

RICBL top bosses suspended

The Chief Executive Officer (CEO) and the Executive Director (ED) of Royal Insurance Corporation of Bhutan Limited (RICBL) have been suspended from office since July 6. The Anti-Corruption Commission (ACC) issued the suspension order on the same day. In exercise of the powers conferred under section 167 of the Anti-Corruption Act of Bhutan 2011, the […]