Thursday, July 3, 2025
  • Webmail
  • Contact Us
  • About BBS
  • Privacy & Policy
ENG
DZO
BBSCL Logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
Radio Live
No Result
View All Result
BBSCL logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
No Result
View All Result
BBSCL logo
Radio LIVE

Country’s Gross Domestic Revenue increases by 8.9% in Financial Year 2021-2022

March 1, 2023
in Business, Other Stories
Reading Time: 1 min read
0
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

The country’s gross domestic revenue grew by almost 9% in the last financial year compared to the previous year. This is according to the recently published National Revenue Report. Over Nu 39bn was added to the government’s coffer. The increase is attributed to the resumption of economic activities after the COVID pandemic.

Of the total revenue collected, almost Nu 26bn came from taxes. This is an increase by over 25% compared to the previous financial year.

The increase was attributed to the increase in remittances of Tax Deducted at Source (TDS) and declarations at check posts among others. The increase of Corporate Income Tax (CIT) from ferrosilicon companies due to the increase in price of ferrosilicon in the market also contributed to the increase.

Taxes on property, goods and services, international trade and transactions among others amounted to more than Nu 12bn.

Other revenue consisting of property income and social contributions contributed more than Nu 11bn  to the total revenue.

Sales of goods and services, and administrative fees and charges contributed just over Nu 1bn. It was an increase of 15% compared to the previous fiscal year.

Capital revenue from government agencies contributed more than Nu 420 M to the net revenue. This was more than 400% increase compared to the fiscal year 2020-2021. This was primarily attributed to the increase in bid value of dolomite and gypsum mines.

Chenga Dawa

Edited by Kipchu

Previous Post

New irrigation channel construction brings hopes of ending water crisis in Trashi Yangtse’s Jangphutse village

Next Post

Police arrest a student in connection with Tashitse’s missing Board Exam answer papers case

Next Post
Police arrest a student in connection with Tashitse’s missing Board Exam answer papers case

Police arrest a student in connection with Tashitse's missing Board Exam answer papers case

Study finds stone-masonry houses earthquake-prone

Study finds stone-masonry houses earthquake-prone

Civil service attrition rate almost doubles in 2022

Civil service attrition rate almost doubles in 2022

Please login to join discussion

RECOMMENDED NEWS

PM in Bangladesh

PM in Bangladesh

6 years ago
1

Residents disappointed with road maintenance work in Sang-Ngag-Chhoeling Gewog, Samtse

2 years ago
4
Dasho Sangay Wangchug passes away

Dasho Sangay Wangchug passes away

10 years ago
24
ACC imposes more than Nu 2.4 M as penalties for late and non-asset declarations

ACC imposes more than Nu 2.4 M as penalties for late and non-asset declarations

2 years ago
43

BROWSE BY CATEGORIES

  • Accidents (14)
  • Agriculture (447)
  • Announcement (179)
  • Audience Survey Report (1)
  • Business (761)
  • Crime/Legal (371)
  • Culture (48)
  • Development (57)
  • Disaster (57)
  • Economy (291)
  • Education (419)
  • Entertainment (16)
  • Environment (66)
  • Feature (65)
  • Featured (6)
  • Festival (81)
  • GMC (14)
  • Headlines (5)
  • Health (634)
  • HYDROPOWER (1)
  • Legal (53)
  • Literature (9)
  • Livestock (76)
  • Media (26)
  • Other Stories (5,710)
  • Politics (419)
  • RCSC (1)
  • Recent stories (5)
  • Religion (45)
  • Sci/Tech (714)
  • Social (553)
  • Sports (457)
  • Technology (191)
  • Tourism (22)
  • Uncategorized (13,869)
  • Video (141)
  • Video Story (257)
  • Wildlife (42)

BROWSE BY TOPICS

Tender Announcement Vacancy Announcement

POPULAR NEWS

  • BPC’s investigation rules out transformer short circuit as Damchhu forest fire cause

    Viral video of Bhutanese man assaulted by locals and police in Jaigaon sparks safety concerns

    0 shares
    Share 0 Tweet 0
  • Gelephu Mindfulness City opens recruitment drive for Bhutanese professionals

    0 shares
    Share 0 Tweet 0
  • A centenarian’s recipe to longevity

    0 shares
    Share 0 Tweet 0
  • 40 companies risk closure over failure to submit financial reports

    0 shares
    Share 0 Tweet 0
  • Post-mortem confirms foul play: Progress in investigation of 24-year-old woman’s death

    0 shares
    Share 0 Tweet 0
BBSCL

Bhutan Broadcasting Service (BBS) is Bhutan’s primary national broadcaster, delivering diverse news and entertainment in multiple languages, fostering cultural understanding and public knowledge.

Follow us on social media:

Recent News

  • RAA’s performance audit report recommends schools in Thimphu Thromde to upgrade WASH facilities
  • Speaker seeks special audit into BITS, MPs demand accountability
  • PHPA-I dam work to begin only after PHPA-II commissions, final authority meeting: MoENR Minister
  • Concrete and pipe irrigation mix falls short of expectations in Udzorong, Trashigang
  • Khatoekha Hospital’s X-ray machine remains unused

News Category

  • Accidents
  • Agriculture
  • Announcement
  • Audience Survey Report
  • Business
  • Crime/Legal
  • Culture
  • Development
  • Disaster
  • Economy
  • Education
  • Entertainment
  • Environment
  • Feature
  • Featured
  • Festival
  • GMC
  • Headlines
  • Health
  • HYDROPOWER
  • Legal
  • Literature
  • Livestock
  • Media
  • Other Stories
  • Politics
  • RCSC
  • Recent stories
  • Religion
  • Sci/Tech
  • Social
  • Sports
  • Technology
  • Tourism
  • Uncategorized
  • Video
  • Video Story
  • Wildlife
  • Webmail
  • Contact Us
  • About BBS
  • Privacy & Policy

© 2024 BBSCL. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule

© 2024 BBSCL. All rights reserved.