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GST impact to cost Nu 14B in 12th Plan

While the Goods and Services Tax (GST) in India will have a revenue implication of Nu 14B in the 12th Plan, the trading sector is to benefit the most. For this to materialise, the retailers have to pass the benefit to consumers and import commodities from the GST registered suppliers in India.

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CPI records 5 percent Inflation in June

The price of goods and services increased by almost five percent between June last year and this June, according to the consumer price index. This was 0.72 percentage lower than the year-on-year inflation of May, which stood at 5.65 percent.

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Govt. still studying the impacts of GST system

Even as the GST regime in India has already affected many sectors of the Bhutanese economy, the government is yet to thoroughly understand the system before making any move. Some industrialists and traders have received notifications from Indian counterparts that prices of goods would increase after the application of GST.

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GST hits Bhutanese industries

Two weeks after the new Goods and Services Tax (GST) regime that was initiated in India, Bhutanese industries have not been able to export to India due to unclear directions and confusions among the parties of the two countries.

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