English | Dzongkha Monday, September 24, 2018

Debate on the rights of exercising the tax revision

Nov 24, 2010

After the presentation on the Sales Tax, Custom and Excise Act, it sparked deliberation in context to the rights in exercising the tax revision. While some members of the National Assembly argued that it is within their rights to revise the taxes, others said that the question is not about paying taxes but on the basis of tax revision.

After giving a background on the nature of taxes, the Finance Minister informed the house that revenue generation is necessary to keep the government stable and running.

Lyonpo Wangdi Norbu said with rapid development activities and changes taking place in the country, it was necessary for the government to come up with ways to generate revenues.

The recent controversial tax revision, he said was made judiciously keeping in mind the larger interest of the society.

Most donor countries, the Finance Minister said are lifting their aids and that it has become difficult for the country to get foreign loans.

To this the Gasa MP Damcho Dorji said that the issue was not about paying or collecting taxes. He said that a clear guideline for the tax revision needs to be formulated and understood in the first place.

Supporting the argument, the Opposition Leader Tshering Tobgay said that this has created confusion amongst the general public. He said it would be ideal if such tax revision could be discussed with the people first and then brought for deliberations in the Parliament.

The house directed the Private Sector Development Committee of the Parliament to further review the Act.

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