BBS

𝗠𝗣𝘀 𝗰𝗮𝗹𝗹 𝗳𝗼𝗿 𝗴𝗿𝗲𝗮𝘁𝗲𝗿 𝗳𝗶𝘀𝗰𝗮𝗹 𝗮𝘂𝘁𝗼𝗻𝗼𝗺𝘆 𝗳𝗼𝗿 𝗹𝗼𝗰𝗮𝗹 𝗴𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁𝘀

The National Assembly members are calling for greater fiscal autonomy for local governments to respond faster to local needs. According to them, strengthening district-level financial committees is essential to improve efficiency and responsiveness in public service delivery. They also pointed out that the current framework governing budget management at the local level lacks clarity and limits effective decision-making.

https://www.bbs.bt/243048/

The National Council adopted three Bills and the Agreement between the Kingdom of Bhutan and the Republic of Singapore on the Elimination of Double Taxation with Respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance today.

The Livestock Bill of Bhutan 2025 was adopted with 18 votes in favour and four abstentions out of the 22 Members present. The Cooperative and Farmers Groups Bill of Bhutan 2025 was also adopted, receiving 21 votes in favour and one abstention.

The Financial Services (Amendment) Bill of Bhutan 2025 received unanimous support, with all 22 Members present voting in favour.

Similarly, the House unanimously adopted the Bhutan–Singapore Double Taxation Avoidance Agreement, reaffirming its support for strengthening economic cooperation and facilitating cross-border investment and trade.

In accordance with constitutional procedures, the Financial Services (Amendment) Bill of Bhutan 2025 and the Bhutan–Singapore Double Taxation Avoidance Agreement will be submitted to the Druk Gyalpo for Royal Assent under Article 13(6) of the Constitution of the Kingdom of Bhutan.

The Livestock Bill of Bhutan 2025 and the Cooperative and Farmers Groups Bill of Bhutan 2025 will be transmitted to the National Assembly for redeliberation as per Article 13(7) of the Constitution of the Kingdom of Bhutan.

Photo: National Council of Bhutan

Catch our LIVE current affairs panel discussion on the Convention on the Rights of Persons with Disabilities (CRPD) and the ongoing debate on Bhutan’s reservations. Tune in tonight after the 9 PM news.

𝐖𝐚𝐭𝐜𝐡 𝐭𝐡𝐞 𝐋𝐈𝐕𝐄 𝐛𝐫𝐨𝐚𝐝𝐜𝐚𝐬𝐭 𝐨𝐟 𝐁𝐁𝐒 𝐍𝐞𝐰𝐬 𝐚𝐧𝐝 𝐂𝐮𝐫𝐫𝐞𝐧𝐭 𝐀𝐟𝐟𝐚𝐢𝐫𝐬 𝟎𝟖/𝟎𝟔/𝟐𝟎𝟐𝟔 (𝐃𝐳𝐨𝐧𝐠𝐤𝐡𝐚 𝟔𝐏𝐌 𝐭𝐨 𝟗𝐏𝐌, 𝐄𝐧𝐠𝐥𝐢𝐬𝐡 𝟗𝐏𝐌 𝐭𝐨 𝟏𝟏 𝐏𝐌)
https://youtu.be/WPV4tBIMHWc
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