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  • February 07, 2014

    GGC Report 7-2-14Today, the Chairperson to the Good Governance Committee (GGC) introduced the review report on Performance Auditing of Lease of Government Land and Government Reserved Forest (GRF) Land for deliberation in the House.

    The House discussed on the three broad categories of findings of the performance audit which were lack of appropriate policy framework on leasing of government land, weak enforcement of legal provisions by competent authorities, and occupation of government land and GRF land by other agencies and institutions. The members also deliberated on the cases under each of the findings during which they sought clarifications and proposed recommendations. Read More »

  • February 05, 2014

    MoF ICToday, the House unanimously ratified the convention on Establishing Multilateral Investment Guarantee Agency (MIGA) and the Double Tax Avoidance Agreement between the Royal Government of Bhutan and the Government of the Republic of India.  

    While the House endorsed the convention as well as the agreement, the only sticking point in the double tax avoidance agreement was the clause which states:

    “If he is a national of both states or of neither of them, the competent authorities of the Contracting states shall endeavor to settle the question by mutual Agreement”.

    This was because dual citizenship is not permitted to a Bhutanese citizen according to Article 6 Section 5 of the Constitution of the Kingdom of Bhutan.  The Minister of Finance agreed to provide a written answer after conducting a study. Read More »