๐—•๐—ต๐˜‚๐˜๐—ฎ๐—ป ๐—œ๐—ป๐˜๐—ฒ๐—ด๐—ฟ๐—ฎ๐˜๐—ฒ๐—ฑ ๐—ง๐—ฎ๐˜…๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฆ๐˜†๐˜€๐˜๐—ฒ๐—บ ๐˜€๐—ฒ๐˜ ๐—ณ๐—ผ๐—ฟ ๐—น๐—ฎ๐˜‚๐—ป๐—ฐ๐—ต ๐—ป๐—ฒ๐˜…๐˜ ๐—บ๐—ผ๐—ป๐˜๐—ต The Bhutan Integrated Taxation System, worth over a billion ngultrum, will be accessible to taxpayers by next month. According to the Department of Revenue and Customs, the system is on track for launch and will soon serve as the primary portal for filing taxes. Read more: https://www.bbs.bt/234840/ #drcbhutan #tax #Bhutan #bbsnews | BBS
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๐—•๐—ต๐˜‚๐˜๐—ฎ๐—ป ๐—œ๐—ป๐˜๐—ฒ๐—ด๐—ฟ๐—ฎ๐˜๐—ฒ๐—ฑ ๐—ง๐—ฎ๐˜…๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฆ๐˜†๐˜€๐˜๐—ฒ๐—บ ๐˜€๐—ฒ๐˜ ๐—ณ๐—ผ๐—ฟ ๐—น๐—ฎ๐˜‚๐—ป๐—ฐ๐—ต ๐—ป๐—ฒ๐˜…๐˜ ๐—บ๐—ผ๐—ป๐˜๐—ต The Bhutan Integrated Taxation System, worth over a billiโ€ฆ
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๐†๐’๐“ ๐ญ๐จ ๐‘๐ž๐ฉ๐ฅ๐š๐œ๐ž ๐’๐š๐ฅ๐ž๐ฌ ๐“๐š๐ฑ ๐ข๐ง ๐๐ก๐ฎ๐ญ๐š๐ง ๐Ÿ๐ซ๐จ๐ฆ ๐‰๐š๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ”, ๐๐จ๐จ๐ฌ๐ญ๐ข๐ง๐  ๐„๐Ÿ๐Ÿ๐ข๐œ๐ข๐ž๐ง๐œ๐ฒ ๐š๐ง๐ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ The Department of Revenue and Customs (DRC) has announced major fiscal reforms to modernize Bhutanโ€™s tax system, aiming for greater efficiency, transparency, and improved services. Central to the reforms is the introduction of a 5% Goods and Services Tax (GST), effective 1 January 2026, which will replace the existing Sales Tax. The GST is
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๐†๐’๐“ ๐ญ๐จ ๐‘๐ž๐ฉ๐ฅ๐š๐œ๐ž ๐’๐š๐ฅ๐ž๐ฌ ๐“๐š๐ฑ ๐ข๐ง ๐๐ก๐ฎ๐ญ๐š๐ง ๐Ÿ๐ซ๐จ๐ฆ ๐‰๐š๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ”, ๐๐จ๐จ๐ฌ๐ญ๐ข๐ง๐  ๐„๐Ÿ๐Ÿ๐ข๐œ๐ข๐ž๐ง๐œ๐ฒ ๐š๐ง๐ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ The Department of Revenue and Customs (DRC) has announceโ€ฆ
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N๐žw B๐กu๐ญa๐ง ๐“a๐ฑ ๐’y๐ฌt๐žm t๐จ ๐„n๐กa๐งc๐ž ๐“a๐ฑp๐šy๐žr S๐žr๐ฏi๐œe๐ฌ The "Improved Compliance" aspect of the Bhutan Integrated Tax System (BITS) is pivotal, as it aims to streamline tax processes and encourage broader participation from both businesses and individuals. By simplifying tax compliance, BITS will facilitate easier and more accurate adherence to tax regulations, ultimately leading to increased revenue collection and a more inclusive tax base. This improvement is essential for fos
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N๐žw B๐กu๐ญa๐ง ๐“a๐ฑ ๐’y๐ฌt๐žm t๐จ ๐„n๐กa๐งc๐ž ๐“a๐ฑp๐šy๐žr S๐žr๐ฏi๐œe๐ฌ The "Improved Compliance" aspect of โ€ฆ
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Bhutan Prepares for GST Rollout from January 1, 2026 The Ministry of Finance is gearing up for the launch of the Goods and Services Tax (GST) with key initiatives already underway. System testing and user training are in progress, with taxpayer training scheduled for October 2025. Draft GST rules are under review, while media advocacy campaigns are set to raise public awareness. Over 2,200 businesses have been contacted for compulsory registration, and additional manpower is being recruited to e
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Bhutan Prepares for GST Rollout from January 1, 2026 The Ministry โ€ฆ
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Every tax paid is an investment in a stronger, brighter future. Do your part for the nation, pay your tax easily and conveniently with mPay. #taxseason #thankyoutaxpayers #ourgenkhu #usemPay | Bhutan National Bank
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Every tax paid is an investment in a stronger, brighter future. Do your โ€ฆ
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The Finance Minister stated that the implementation of GST ensures transparency, leaves no room for corruption, and applies equally to all, creating a fair and uniform tax system. #GST | Bhutan Times
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The Finance Minister stated that the implementation of GST ensures trโ€ฆ
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๐†๐’๐“ ๐‚๐จ๐ฆ๐ž๐ฌ ๐ข๐ง๐ญ๐จ ๐„๐Ÿ๐Ÿ๐ž๐œ๐ญ ๐“๐จ๐๐š๐ฒ Bhutan officially implements GST today. Consumers should know tโ€ฆ
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Goods that were previously taxed at 0% under Bhutanโ€™s Sales Tax are โ€ฆ
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๐Ÿ๐Ÿ•๐ญ๐ก ๐Œ๐ž๐ž๐ญ-๐ญ๐ก๐ž-๐๐ซ๐ž๐ฌ๐ฌ ๐•๐ž๐ง๐ฎ๐ž: ๐™๐ก๐ข๐œ๐ก๐ž๐ง๐ค๐ก๐š๐ซ Government Urges Caution on Immediate GST Rollout Despite Syโ€ฆ
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BETA ... a BIT Estimated Tax App for taxpayer paying lump sum tax. It iโ€ฆ
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๐†๐’๐“ ๐ˆ๐ฆ๐ฉ๐ฅ๐ž๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐„๐ง๐ญ๐ž๐ซ๐ฌ ๐“๐ซ๐š๐ง๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐๐ž๐ซ๐ข๐จ๐ GST is being implemented in Bhutan for the first time, and manโ€ฆ
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๐—ฃ๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐˜๐˜† ๐˜๐—ฎ๐˜… ๐—ฝ๐—ฎ๐˜†๐—บ๐—ฒ๐—ป๐˜ ๐—ฑ๐—ฒ๐—ฎ๐—ฑ๐—น๐—ถ๐—ป๐—ฒ ๐—ฒ๐˜…๐˜๐—ฒ๐—ป๐—ฑ๐—ฒ๐—ฑ ๐˜๐—ผ ๐—ฒ๐—ป๐—ฑ ๐—ผ๐—ณ ๐—™๐—ฒ๐—ฏ๐—ฟ๐˜‚๐—ฎ๐—ฟ๐˜† Property owners have two more months to pay the property tโ€ฆ
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