Nu 3.7mn invested for Phuentsholing Zangtopelri park renovation

The renovation work started in April this year and it will be completed by this month The famous landmark in Phuentsholing town, the Zangtopelri park, is currently getting a major facelift with the government having earmarked Nu 3.7mn for its renovation and beautification.    Popular among both the locals and tourists alike, the Zangtopelri park was […]

Punakha’s vehicle scam case forwarded to OAG

The police recovered 27 vehicles Following investigation by the Punakha police, the vehicle scam case involving five suspects, who had hired vehicles from private individuals and then sold them using forged documents, has been forwarded to the Office of Attorney General (OAG). Out of the total 27 cases against the suspects, three cases were dismissed, […]

BNBL’s Ngotsab – taking banking services closer to people

The bank has around 243 agents dispersed across the country When the ATMs of the Bhutan National Bank Limited (BNBL) didn’t work, a resident of Bebena in Thimphu, Thinley Wangmo, reminisces about going all the way to the branch office to withdraw money. However, this has changed currently with the Ngotsab initiative launched by the bank […]

Govt. to set up measures to overcome leakages in taxation structure

Tax revenue sharply dropped to negative 49% last year While the pandemic pummelled tax collection across the board, the taxes on products (indirect taxes) growth dropped to -49.48% as compared to the previous year, according to the National Accounts Statistics, 2021. For this, the government is initiating reforms to increase compliance by setting up measures […]