Bhutan News - Business, Taxation & Offshore

Asia-Pac's Tax Take Dropped, Even Before COVID-19: Report

by Mary Swire, Tax-News.com, Hong Kong

Friday, August 6, 2021

Tax revenues fell in 2019 in two-thirds of economies across Asia and the Pacific as a result of an economic slowdown prior to the COVID-19 pandemic, according to a new OECD report.Read Full Story

India Waives GST On Services Contracts With Nepal, Bhutan

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, October 31, 2017

India's Ministry of Finance on October 27 published a notification exempting services rendered by companies in Nepal and Bhutan from India's GST where the consideration is in Indian rupees.Read Full Story

Tax Collection Still Low In South Asia, World Bank Says

by Mary Swire, Tax-News.com, Hong Kong

Thursday, October 8, 2015

The World Bank said in a recently released report that South Asia's rapid economic growth has not yet translated into significantly higher government revenue generation and improved fiscal balances.Read Full Story

South Asian Territories Need Expanded VATs

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, January 21, 2015

In its recent Global Economic Prospects report, published this month, the World Bank has called on countries in South Asia to broaden the scope of their consumption tax regimes, including by removing tax breaks and raising rates. Read Full Story

Better Tax Administration In South Asia Said Key To Development

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 17, 2014

More efforts are needed to improve tax collection in countries in South Asia to address inequality, a new report from the World Bank says. Read Full Story

India, Bhutan Sign Double Tax Avoidance Agreement

by Mike Godfrey, Tax-News.com, Washington

Tuesday, March 5, 2013

India and Bhutan have signed a Double Taxation Avoidance Agreement which is to provide reduced rates of withholding tax and is designed to help in the fight against evasion. Read Full Story