Is taxation justified?
The elected government is poised to change the taxation system in the country in particular the vehicle sales tax. However, people from different walks of life responded to it in a mixed array of feeling, some happy many dissatisfied.
The fifth session of the first parliament of Bhutan without actually putting the bill on the revised taxation to the parliament, the finance minister declared on 16th June 2010 that the tax will be revised with immediate effect.
In contrary to the taxation endorsed by the ruling party, the honourable opposition party leader said that the surprise and adhoc enforcement on the revised tax rate was not only unconstitutional but rather crude and blunt and he went on adding that the tax will only widen the gap between the poor and the rich. He even went to extent of asking the parliament if the finance minister needed to resign. The issue is currently being put to the supreme court of the kingdom, for rectification. He also said that it was a serious lapse on the part of the government. The people‟s Democratic Party, opposition party, reiterated on the fact that any topic for discussion should be tabled in the list of agenda(s) before the prior adoption of any bill.
In fact, pertaining to the sensitivity of the topic many professionals from the media, print as well as the broadcasting house widely and extensively reported on the issue.
A journalist from kuensel, Ugyen Penjore; on 17 June 2010 reported,
Starting today all imported vehicles entering the country will be subjected to
a revised sales tax and customs duty, according to a finance
30
Ministry notification. This includes those vehicles ordered months
ago that have not reached Bhutan today.
31
The finance ministry said that the move was made to decongest the traffic and minimize the impact on the environment and social reasons in the country.
32
Many Bhutanese in the lower and in the middle-income brackets expressed grievances and said that it was unfair.
In the light of vehicle tax, the ministry of Finance also has levied revised tax of 10 percent on Bhutanese cinema producer and Bhutanese cinema tickets.
The construction sector also saw some tax revision in terms of raw materials like cement, timber, steel besides all essential commodities to the consumers.
The graph rate of inflation in the country is increasing, which means it will consequently give birth to already increasing and pressing social issues.
Needless to say, many Bhutanese citizens feel that the government needs to look at more pertinent issues like curbing the inflation rate, rural urban migration, FDI policies, the sky rocketing and the exorbitant house rents in the capital and in the other mainstream towns in Bhutan and also other pressing immediate social issues.
Reference
Tax slab
Retrieved from;
http://www.mof.gov.bt
The elected government is poised to change the taxation system in the country in particular the vehicle sales tax. However, people from different walks of life responded to it in a mixed array of feeling, some happy many dissatisfied.
The fifth session of the first parliament of Bhutan without actually putting the bill on the revised taxation to the parliament, the finance minister declared on 16th June 2010 that the tax will be revised with immediate effect.
In contrary to the taxation endorsed by the ruling party, the honourable opposition party leader said that the surprise and adhoc enforcement on the revised tax rate was not only unconstitutional but rather crude and blunt and he went on adding that the tax will only widen the gap between the poor and the rich. He even went to extent of asking the parliament if the finance minister needed to resign. The issue is currently being put to the supreme court of the kingdom, for rectification. He also said that it was a serious lapse on the part of the government. The people‟s Democratic Party, opposition party, reiterated on the fact that any topic for discussion should be tabled in the list of agenda(s) before the prior adoption of any bill.
In fact, pertaining to the sensitivity of the topic many professionals from the media, print as well as the broadcasting house widely and extensively reported on the issue.
A journalist from kuensel, Ugyen Penjore; on 17 June 2010 reported,
Starting today all imported vehicles entering the country will be subjected to
a revised sales tax and customs duty, according to a finance
30
Ministry notification. This includes those vehicles ordered months
ago that have not reached Bhutan today.
31
The finance ministry said that the move was made to decongest the traffic and minimize the impact on the environment and social reasons in the country.
32
Many Bhutanese in the lower and in the middle-income brackets expressed grievances and said that it was unfair.
In the light of vehicle tax, the ministry of Finance also has levied revised tax of 10 percent on Bhutanese cinema producer and Bhutanese cinema tickets.
The construction sector also saw some tax revision in terms of raw materials like cement, timber, steel besides all essential commodities to the consumers.
The graph rate of inflation in the country is increasing, which means it will consequently give birth to already increasing and pressing social issues.
Needless to say, many Bhutanese citizens feel that the government needs to look at more pertinent issues like curbing the inflation rate, rural urban migration, FDI policies, the sky rocketing and the exorbitant house rents in the capital and in the other mainstream towns in Bhutan and also other pressing immediate social issues.
Reference
Tax slab
Retrieved from;
http://www.mof.gov.bt
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