BHUTAN TODAY The New Perspective

The introduction of the Goods and Services Tax marks a pivotal step in modernizing the national taxation system. Designed to simplify the tax structure, create a uniform framework, and improve revenue transparency, GST aims to reduce cascading taxes, strengthen the formal economy, and promote fairness. Yet its success depends not only on legislation but on effective implementation and the public’s …

…𝒂𝒄𝒄𝒆𝒔𝒔 𝒕𝒐 𝒂𝒇𝒇𝒐𝒓𝒅𝒂𝒃𝒍𝒆 𝒇𝒊𝒏𝒂𝒏𝒄𝒊𝒏𝒈 𝒂𝒏𝒅 𝒔𝒌𝒊𝒍𝒍-𝒃𝒂𝒔𝒆𝒅 𝒕𝒓𝒂𝒊𝒏𝒊𝒏𝒈 𝒉𝒆𝒍𝒑𝒔 𝒚𝒐𝒖𝒏𝒈 𝒆𝒏𝒕𝒓𝒆𝒑𝒓𝒆𝒏𝒆𝒖𝒓𝒔 𝒊𝒏𝒗𝒆𝒔𝒕, 𝒆𝒙𝒑𝒂𝒏𝒅, 𝒂𝒏𝒅 𝒄𝒓𝒆𝒂𝒕𝒆 𝒋𝒐𝒃𝒔 By Kezang Choden According to a World Bank publication, well-functioning capital markets are proving to be a powerful engine for economic growth. They offer firms access to long-term and affordable financing while helping economies allocate resources more efficiently. New global evidence shows that companies in …

…𝐢𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞 𝐚𝐢𝐦𝐬 𝐭𝐨 𝐬𝐭𝐫𝐞𝐧𝐠𝐭𝐡𝐞𝐧 𝐨𝐢𝐥 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐰𝐡𝐢𝐥𝐞 𝐟𝐚𝐜𝐢𝐧𝐠 𝐩𝐫𝐨𝐜𝐞𝐬𝐬𝐢𝐧𝐠 𝐚𝐧𝐝 𝐦𝐚𝐫𝐤𝐞𝐭 𝐡𝐮𝐫𝐝𝐥𝐞𝐬 By Leki Chungdon The Farm Machinery Corporation Limited (FMCL) has begun harvesting sesame at its Nitchula farm in Dagana, with an expected yield of around 4.5 metric tonnes this season. The harvest marks another milestone in FMCL’s ongoing efforts to promote sesame cultivation and strengthen domestic edible oil …

…𝒇𝒂𝒓𝒎𝒆𝒓𝒔 𝒂𝒏𝒅 𝒗𝒆𝒏𝒅𝒐𝒓𝒔 𝒄𝒂𝒍𝒍 𝒇𝒐𝒓 𝒈𝒓𝒆𝒂𝒕𝒆𝒓 𝒄𝒐𝒏𝒔𝒖𝒎𝒆𝒓 𝒔𝒖𝒑𝒑𝒐𝒓𝒕 𝒕𝒐 𝒓𝒆𝒅𝒖𝒄𝒆 𝒘𝒂𝒔𝒕𝒆 𝒂𝒏𝒅 𝒔𝒕𝒓𝒆𝒏𝒈𝒕𝒉𝒆𝒏 𝒓𝒖𝒓𝒂𝒍 𝒍𝒊𝒗𝒆𝒍𝒊𝒉𝒐𝒐𝒅𝒔 By Kezang Choden Despite it being the peak season for oranges, imported fruits continue to dominate the fruit section at the Centenary Farmers Market (CFM), raising concerns among local growers and consumers alike. A visit to the market shows that many of the oranges on …

…𝒑𝒂𝒓𝒕𝒊𝒄𝒊𝒑𝒂𝒏𝒕𝒔 𝒓𝒆𝒄𝒆𝒊𝒗𝒆 𝒉𝒂𝒏𝒅𝒔-𝒐𝒏 𝒈𝒖𝒊𝒅𝒂𝒏𝒄𝒆 𝒊𝒏 𝒈𝒖𝒆𝒔𝒕 𝒔𝒆𝒓𝒗𝒊𝒄𝒆𝒔, 𝒉𝒐𝒖𝒔𝒆𝒌𝒆𝒆𝒑𝒊𝒏𝒈, 𝒇𝒐𝒐𝒅 𝒉𝒚𝒈𝒊𝒆𝒏𝒆, 𝒂𝒏𝒅 𝒍𝒐𝒅𝒈𝒆 𝒐𝒑𝒆𝒓𝒂𝒕𝒊𝒐𝒏𝒔 𝒕𝒐 𝒆𝒏𝒔𝒖𝒓𝒆 𝒑𝒓𝒐𝒇𝒆𝒔𝒔𝒊𝒐𝒏𝒂𝒍 𝒔𝒕𝒂𝒏𝒅𝒂𝒓𝒅𝒔 By Leki Chungdon A hospitality training programme conducted at the Community Lodge in Jigme Village, under Dophuchen Gewog, Samtse, has successfully concluded, strengthening local capacity in community-based tourism and lodge management. Supported by the Tarayana Foundation, the training aimed to equip community members …