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Tuesday, 26 November 2024
Third Reading of the Cattle Tax Exemption Bill of Bhutan 2024

Third Reading of the Cattle Tax Exemption Bill of Bhutan 2024

A Member of the Economic and Finance Committee, the Member from Radhi-Sakteng constituency presented the recommendations of the Committee for the Third Reading of the Cattle Tax Exemption Bill of Bhutan 2024 to the House. 

The Committee presented its two additional provisions which includes: implementation provision which states that “The Act shall be implemented from the day the Act is introduced by the Finance Minister in the National Assembly of Bhutan on 15th Day of 11th Month 2024” and the repeal provision that states “This Act repeals subsection (c) of section 57 of the Local Government Act of Bhutan 2009.” 

The House deliberated on each section of the Bill proposed by the Ministry of Finance vis-a-vis amendments recommended by the Committee, and concluded the third reading of the Bill with the directives to the Committee to incorporate the changes and make reformulations based on the deliberations of the House.

The House will vote on the Bill tomorrow.

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