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Third reading of the Tax (Amendment) Bill of Bhutan 2020

Posted on :30 January 2020

The House today deliberated on the clauses of Tax (Amendment) Bill of Bhutan 2020 and the seventeen recommendations of the Economics and Finance Committee on the Amendment Bill.

The House while deliberating on the recommendations of the committee, discussed at length on the exemption of sales tax on all the prepaid and postpaid telecom services and imposing sales tax rate of 7% on Tourist Sim telecom services as notified by the Finance Ministry before approving both the recommendations. The House also debated on the rationale of levy of green tax on hybrid vehicles. 

 

The House voted on the recommendations from the Committee and supported Eight of its recommendations while the House retained the amendments proposed in the Bill.  The Bill will be put to vote tomorrow. 

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