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Works nearing completion to draft new bill for income taxation: Finance Minister

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The government is working on a major overhaul of income taxation. This is according to the Finance Minister who said works are nearing completion to draft a new bill for income taxation. The minister said this during the recent Meet the Press session. The Income Tax Act of the Kingdom of Bhutan 2001 which was enacted over two decades ago had undergone only a few minor changes after its introduction.

𝗪𝗼𝗿𝗸𝘀 𝗻𝗲𝗮𝗿𝗶𝗻𝗴 𝗰𝗼𝗺𝗽𝗹𝗲𝘁𝗶𝗼𝗻 𝘁𝗼 𝗱𝗿𝗮𝗳𝘁 𝗻𝗲𝘄 𝗯𝗶𝗹𝗹 𝗳𝗼𝗿 𝗶𝗻𝗰𝗼𝗺𝗲 𝘁𝗮𝘅𝗮𝘁𝗶𝗼𝗻: 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗠𝗶𝗻𝗶𝘀𝘁𝗲𝗿The government is working on a major overhaul of income taxation. This is according to the Finance Minister who said works are nearing completion to draft a new bill for income taxation. The minister said this during the recent Meet the Press session. The Income Tax Act of the Kingdom of Bhutan 2001 which was enacted over two decades ago had undergone only a few minor changes after its introduction.#thimphu #bbs #news #asia #druk #media #bhutan #bhutanese

Posted by BBS on Monday, July 3, 2023

Kinzang Lhadon

Edited by Kipchu

 

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