Wednesday, September 3, 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

DHI expects government to do away double taxation

August 21, 2015
in Uncategorized
Reading Time: 1 min read
0
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

DHI

Druk Holding and Investments is expecting the government to do away with double taxation, since the Income Tax Act of 2001 in the process of being revised. DHI has been requesting the government since 2010.

Taxes are levied, both at the subsidiary and the holding level, leaving the Druk Holding investment with limited reserves to make investments.

“We have been discussing with the Ministry of Finance and making efforts to resolve the issue,” said DHI’s Officiating CEO, Damber S. Kharka.

He said if the double taxation is removed at the holding company level, they will have more profits built. “We can also pay more dividends to the government. We will also be able to build more reserves and that way we can invest in many other new business opportunities.”

Officials from the Druk Holding and Investments explained that the same income source was taxed at the sub-subsidiary level, subsidiary level, and at the holding level. For instance, the Dagachhu Hydropower Project pays tax to the government, and then declares its dividend to Druk Green Power Corporation.

The Druk Green Power Corporation then pays tax to the government and declares dividends to DHI, which in turn pays both its taxes, and dividends to the government.

Damber Singh Kharka said, it was in the larger interest of the economy if the issue is resolved at the soonest.

Previous Post

Wangdue Phodrang Dzongkhag behind target of zero infant mortality

Next Post

Taking sign-language lessons beyond

Next Post
Taking sign-language lessons beyond

Taking sign-language lessons beyond

Indian Rupee further depreciates

Indian Rupee further depreciates

Central Monastic Body refutes rumours about earthquake

Central Monastic Body refutes rumours about earthquake

Please login to join discussion

RECOMMENDED NEWS

Tender for the supply of Annual Rechargeable Battery AA and Battery Charger

Tender for the supply of Tyres and Tubes

1 month ago
55
PHPA’s headquarter to be relocated

PHPA’s headquarter to be relocated

10 years ago
2
Wild animals inhabiting uncleared fallow land causes menace – Pangna, Dagana

Wild animals inhabiting uncleared fallow land causes menace – Pangna, Dagana

2 years ago
3

Bhutan This Week (July 2 – 8, 2021)

4 years ago
1

BROWSE BY CATEGORIES

  • Accidents (15)
  • Agriculture (495)
  • Announcement (193)
  • Audience Survey Report (1)
  • Business (777)
  • Crime/Legal (383)
  • Culture (54)
  • Development (59)
  • Disaster (58)
  • Economy (305)
  • Education (443)
  • Entertainment (20)
  • Environment (80)
  • Feature (66)
  • Featured (9)
  • Festival (85)
  • GMC (22)
  • Headlines (27)
  • Health (658)
  • HYDROPOWER (2)
  • Legal (62)
  • Literature (10)
  • Livestock (82)
  • Media (27)
  • Other Stories (5,935)
  • Politics (422)
  • RCSC (3)
  • Recent stories (17)
  • Religion (47)
  • Sci/Tech (726)
  • Social (627)
  • Sports (485)
  • Technology (202)
  • Tourism (25)
  • Uncategorized (13,874)
  • 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

  • Over 1,500 civil servants resigned voluntary, attrition rate jumps to nearly 8%
  • Paro FC Women maintain lead as BoB Women’s National League 2025 hits midway
  • Bhutan pilots eco-friendly fire retardants to combat forest fires
  • Adaptation Fund Team visits Bhutan to assess climate resilience efforts
  • Local leaders in Samtse call for action against illegal meat imports

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.