What Are the Group Insurance Scheme (GIS) and GPF Payroll Deduction Guidelines in Bhutan?

The Group Insurance Scheme (GIS) and General Provident Fund (GPF) are important payroll-related deductions associated with Bhutan's government employee compensation and benefits framework. For payroll teams, correctly identifying these deductions is important because they affect an employee's take-home salary and, under the applicable tax framework, can also affect the calculation of taxable salary income.