Friday, May 16, 2025
  • Contact Us
  • About BBS
  • Privacy & Policy
ENG
DZO
BBSCL Logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • 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
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
No Result
View All Result
BBSCL logo
Radio LIVE

Fines for late asset declarations increase by Nu 5 M

November 26, 2024
in Legal, Other Stories
Reading Time: 1 min read
0
0
SHARES
997
VIEWS
Share on FacebookShare on Twitter

The Anti-Corruption Commission imposed over Nu 7 M as a penalty for individuals who have not declared their assets and those who declared after the deadline for the declaration year 2023. This is an increase of around Nu 5 M compared to the fine imposed in the previous year.

In 2023, more than 25,800 individuals were required to declare their assets. Of them, around 930 submitted their declarations late, while a little over 600 failed to declare their assets.

From the total of over 1,530 late and non-declarants, penalties were imposed on 905 individuals. Close to 630 had their penalties waived based on the justifications submitted.

The commission imposed a total penalty of around Nu 7.5 M. Of it, a little over Nu 1 M were imposed on late declarants and more than Nu 6 M on non-declarants.

The commission collected over Nu 5.5 M in total, nearly Nu 1 M from late declarants and more than Nu 4.6 M from non-declarants.

According to the report, 61 individuals failed to pay the penalty. The list was forwarded to the Royal Audit Authority for further action and recorded in the Integrity Vetting System for deterrence.

The Integrity Vetting System is a web-based system designed to generate Integrity Vetting Reports by consolidating fact-based information from the ACC’s Complaint and Investigation Management System and Asset Declaration System.

According to the commission, there’s a need for greater awareness and stricter compliance to uphold the integrity and objectives of the asset declaration system.

The objective of the Asset Declaration is to detect and prevent illicit enrichment and promote public trust through accountability, among others.

Tashi Dekar

Edited by Phub Gyem

Previous Post

Residents struggle amid fuel shortages in Dorokha

Next Post

Paro’s new shelter initiative addresses stray animal challenges

Next Post
Paro’s new shelter initiative addresses stray animal challenges

Paro's new shelter initiative addresses stray animal challenges

National Assembly continues to discuss Cattle Tax Exemption Bill

National Assembly continues to discuss Cattle Tax Exemption Bill

Healthcare professionals trained in pain-free rehabilitation techniques

Healthcare professionals trained in pain-free rehabilitation techniques

RECOMMENDED NEWS

Pilots commit financial support to RENEW

Pilots commit financial support to RENEW

10 years ago
3

NC decides to ask NA to withdraw RTI Bill

11 years ago
12

Earmold laboratory for ear and hearing care launched at JDWNRH

3 years ago
2
Tsirang’s new pork cold storage facility to open soon

Tsirang’s new pork cold storage facility to open soon

1 year ago
20

BROWSE BY CATEGORIES

  • Accidents (14)
  • Agriculture (416)
  • Announcement (171)
  • Business (733)
  • Crime/Legal (362)
  • Culture (43)
  • Development (49)
  • Disaster (56)
  • Economy (268)
  • Education (402)
  • Entertainment (11)
  • Environment (52)
  • Feature (65)
  • Featured (6)
  • Festival (77)
  • GMC (12)
  • Headlines (5)
  • Health (612)
  • Legal (51)
  • Literature (9)
  • Livestock (73)
  • Media (23)
  • Other Stories (5,451)
  • Politics (418)
  • RCSC (1)
  • Recent stories (5)
  • Religion (43)
  • Sci/Tech (708)
  • Social (479)
  • Sports (442)
  • Technology (190)
  • Tourism (17)
  • Uncategorized (13,865)
  • Video (128)
  • Video Story (241)
  • Wildlife (39)

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

    0 shares
    Share 0 Tweet 0
  • Newspaper accuses DPT candidate of political ploy

    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

  • Infrastructure woes and relocation uncertainty hinder Olakha Automobile Workshop development
  • Health ministry reaffirms commitment to expand KMC practice nationwide
  • Construction of first Multi-Disciplinary Super-Speciality Hospital expected to begin next year
  • Wangdue Phodrang’s Daga Gewog nears goal of road access for every household
  • Bhutan debuts at Venice Architecture Biennale 2025 with Gelephu International Airport design

News Category

  • Accidents
  • Agriculture
  • Announcement
  • Business
  • Crime/Legal
  • Culture
  • Development
  • Disaster
  • Economy
  • Education
  • Entertainment
  • Environment
  • Feature
  • Featured
  • Festival
  • GMC
  • Headlines
  • Health
  • Legal
  • Literature
  • Livestock
  • Media
  • Other Stories
  • Politics
  • RCSC
  • Recent stories
  • Religion
  • Sci/Tech
  • Social
  • Sports
  • Technology
  • Tourism
  • Uncategorized
  • Video
  • Video Story
  • Wildlife
  • 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
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule

© 2024 BBSCL. All rights reserved.