Sunday, August 24, 2025
  • GMC
  • Webmail
  • Contact Us
  • About BBS
  • Privacy & Policy
ENG
DZO
BBSCL Logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • Announcement
  • More
    • 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
  • Announcement
  • More
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
No Result
View All Result
BBSCL logo

Government to discuss five percent tax on transferring vehicle ownership

December 27, 2013
in Uncategorized
Reading Time: 2 mins read
0
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Meet-The-Press-vehicle ownershipThe Prime Minister, Tshering Tobgay, said the government needs to discuss the affordability of the five percent tax imposed as property transfer tax while transferring vehicle ownership. Lyonchhen shared this at the Meet the Press session, this afternoon.

Many people have been complaining that the five percent tax imposed as property transfer tax for vehicles is very high.

Lyonchhen said the directive is not from the government of cabinet. He neither thinks it is from the minister.

“…I don’t know whether the fee is too high or not because I have not discussed it but I do know that it is a clear sign that agency not doing its job in the past.  The job needs to be done.”

He said they need to discuss whether 5 percent is too much. “If it is high or low, we will amend it.”

The Home and Cultural Affairs Minister, Damchoe Dorji, added that there is a huge group who evades this five percent tax. “…They come under quota system, quota given to the civil servants. They sell to somebody else. They cannot change the ownership until 7 years. If they do within that period, they have to pay the whole tax and that’s the problem.”

Lyonpo Damchoe Dorji also pointed out there are many vehicles outside Bhutan that are still registered as being in the country.He said this needs to be cleared as well.

“Another serious problem is when you sell vehicles outside the country. Vehicles are physically outside the country but the registration still in Bhutan. There are many cars and trucks still with Bhutanese ownership .I think it is time to clear these things; it is not fair some people paying 5 percent registration fees. This has to be settled. They are doing a good job.”

The need to transfer vehicle ownership is in line with the Road Safety and Transport Authority Regulation 1999. According to the regulation, the seller will have to transfer ownership to the buyer within a period of 15 days.

Previous Post

Media and Advertisement need analysis: PM

Next Post

RSTA, whose car is it?

Next Post

RSTA, whose car is it?

Two teenagers convicted for murder

JDWNRH’s President appointed

Overseas employment in full swing

Please login to join discussion

RECOMMENDED NEWS

Taking patient safety to the next level

6 years ago
5
A woman arrested for abandoning her newborn

Punakha  Police arrested a 39-year-old man for alleged possession of tobacco products

6 years ago
4

Three in quarantine for breaching high-risk to low-risk travel protocols, Zhemgang

4 years ago
1
MoIT Minister announces high-level committee for thromde development

MoIT Minister announces high-level committee for thromde development

9 months ago
38

BROWSE BY CATEGORIES

  • Accidents (15)
  • Agriculture (485)
  • Announcement (193)
  • Audience Survey Report (1)
  • Business (776)
  • Crime/Legal (382)
  • Culture (52)
  • Development (59)
  • Disaster (57)
  • Economy (304)
  • Education (439)
  • Entertainment (19)
  • Environment (79)
  • Feature (66)
  • Featured (9)
  • Festival (84)
  • GMC (20)
  • Headlines (13)
  • Health (655)
  • HYDROPOWER (1)
  • Legal (62)
  • Literature (10)
  • Livestock (81)
  • Media (27)
  • Other Stories (5,935)
  • Politics (422)
  • RCSC (2)
  • Recent stories (9)
  • Religion (46)
  • Sci/Tech (726)
  • Social (614)
  • Sports (482)
  • Technology (202)
  • Tourism (25)
  • Uncategorized (13,873)
  • Video (142)
  • Video Story (258)
  • Wildlife (43)

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
  • Authorities link 23 TikTok accounts to online shopping-based gambling, freeze 26 other bank accounts

    0 shares
    Share 0 Tweet 0
  • Trongsa Viewpoint Resort up for auction once again

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

    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

  • Bhutan Qualifications and Professionals Certification Authority warns of deregistration if firms repeat violations
  • Bhawanijhora stream swells, disrupts lives and traffic in Phuentshogling
  • Dagapela town sees transformation with new constructions
  • Monggar Regional Transport office proposes upgrade of bus station and regional office
  • Some farmers in Haa turn to chilli farming for income

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
  • GMC
  • 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
  • Announcement
  • More
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule

© 2024 BBSCL. All rights reserved.