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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 Ministry of Home and Cultural Affairs (Dzongkha: ནང་སྲིད་ལྷན་ཁག་; Wylie: nang-srid lhan-khag; "Nangsi Lhenkhag") renamed as Ministry of Home Affairs [1] is the government ministry within the Lhengye Zhungtshog (Council of Ministers) which oversees law and order; the civil administration; immigration services; the issuance of citizenship documents, and other ...
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Article 21 of the Constitution establishes a system of royal appointments for the High Court and Supreme Court, and sets forth the role of each level of administration. [ 2 ] The Chief Justice, an appointee of the King , sits for a five-year term and chairs the National Judicial Commission, a royal agency. [ 2 ] (
Ministry of Works and Human Settlement (Dzongkha: གཞི་རྟེན་མཁོ་ཆས་དང་སྐྱེལ་འདྲེན་་ལྷན་ཁག།; Wylie: gzhi rten mkho chas dang skyel 'dren lhan khag) renamed the Ministry of Infrastructure and Transport [1] is a ministry of Bhutan responsible for quality and sustainable infrastructure, efficient transportation services ...
The biological corridors in Bhutan was declared as a "Gift to the Earth from the people of Bhutan" by Her Majesty Queen Mother Ashi Dorji Wangmo Wangchuck. [19] Currently, the total area covered by the eight biological corridors is 3,307.14 km 2. The corridors have been numbered from 1 to 8 in order to manage them effectively.
Public finance is backed by the Consolidated Fund, while the monetary system is the purview of the Central Bank. [6] [nb 1] Prior to the establishment of the RMA in 1982, functions relating to central banking were conducted principally by three agencies viz., the Ministry of Finance, State Trading Corporation of Bhutan and Bank of Bhutan.
Dasho Kinley Dorji (Dzongkha: ཀུན་ལེགས་རྡོ་རྗེ་; Wylie: Kun-legs Rdo-rje) was Bhutan's first trained journalist who became founder, then managing director and editor in chief of Kuensel, Bhutan's national newspaper. In 2009 he became Secretary of the Ministry of Information and Communications, a position he ...