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Elections in Bhutan are conducted at national (Parliamentary) and local levels. Suffrage is universal for citizens 18 and over, and under applicable election laws. In national elections, also known as the general elections, political party participation is mainly restricted to the lower house of Parliament, and by extension, to the executive nominated by its majority
All the citizens of Bhutan have the right to life, liberty and security of person and is not deprived of such rights except in accordance with the due process of law. [26] All persons in Bhutan have the right to material interests resulting from any scientific, literary or artistic production of which he or she is the author or creator. [26]
The Royal Monetary Authority was established in 1982. The following year, it took on the responsibilities of issuing Bhutanese currency, managing external reserves, and operating foreign exchanges. [2][3] In 1988, the Authority assumed the role of government banker, holding the bulk of government deposits and providing financing. [2]
Bhutan is currently a member of 45 international organizations. [4] Under Article 20 of the Constitution of Bhutan enacted in 2008, Bhutan's foreign relations fall under the purview of the Druk Gyalpo on the advice of the Executive, namely the Prime Minister and other Ministers of the Lhengye Zhungtshog including the Minister of Foreign Affairs.
The Commission on Audit is a creation of the 1973 constitution. It was preceded by the Office of the Auditor in 1899, renamed as the Bureau of the Insular Auditor in 1900, then to the Bureau of Audits in 1905. The 1935 constitution created the General Auditing Office (GAO), and was led by the Auditor General.
Bhutanese nationality law is the law governing the acquisition, transmission and loss of Bhutanese citizenship. The Bhutanese Citizenship Act of 1985 was introduced by the Druk Gyalpo Jigme Singye Wangchuck, on June 10, 1985, modifying the definition of a Bhutanese citizen. The Act was implemented as part of a new national policy of Driglam ...
Bhutan has regulated corporations since 1989, most recently under the Companies Act of 2000. [5] These regulations include taxation of corporate income. [5]: pp. 112–3, 120–1 As of 2011, Bhutan's Corporate Income Tax rate was 30 percent on net profits; in addition, the Business Income Tax was another 30 percent on net profits. [6] [7]
The Government of Bhutan has been a constitutional monarchy since 18 July 2008. The King of Bhutan is the head of state. The executive power is exercised by the Lhengye Zhungtshog, or council of ministers, headed by the Prime Minister. Legislative power is vested in the bicameral Parliament, both the upper house, National Council, and the lower ...