Revised customs duty has positive impact on final price: OCP

Reduction in customs duty, an indirect tax imposed on imports from third-country, to a uniform rate of 10%, was passed in July, 2021 The revised customs duty does indicate a positive impact on the final price of goods when the business environment returns to normalcy. This is according to the rapid analysis report of the […]

Sustaining the CSOs

In a sort of a big relief in the Civil Society Organization (CSO) registration process, the National Assembly members decided that small-scale CSOs will be allowed to legally operate upon obtaining written permission from the CSO Authority as per its rules and regulations. The recommendation that small-scale CSOs do not need to formally register was […]

Omicron could unravel tourism comeback

Bhutan received its first tourist in August this year Tour operatorsโ€™ struggle to make a gradual comeback after being in a limbo for almost two years could be unraveled by the emergence of the highly mutated Omicron variant of Covid-19, which has already made landfall in India. The hospitality sector has been in shambles following […]