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BUSINESS

Sector could bring in B2.38tn next year

Business, Wichit Chantanusornsiri, Published on 20/09/2022

» Thailand could earn up to 2.38 trillion baht in tourism revenue in 2023, an official said yesterday.

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BUSINESS

GIF mulls borrowing from fund to improve liquidity

Business, Wichit Chantanusornsiri, Published on 20/09/2022

» The General Insurance Fund (GIF) has considered borrowing from the Office of the Insurance Commission (OIC) fund to ensure it has sufficient liquidity to pay insurance claims to Covid-19 policyholders of the four shuttered non-life insurance companies.

BUSINESS

Officials informed to use    judgement in land cases

Business, Wichit Chantanusornsiri, Published on 15/09/2022

» The land and building tax law lets local administrative officials decide whether landowners are managing their lands in such a way to avoid paying a higher tax rate, says finance permanent secretary Krisada Chinavicharana.

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BUSINESS

Revenue expected to exceed 2022 target

Business, Wichit Chantanusornsiri, Published on 14/09/2022

» Fiscal 2022 will be the first year since the pandemic broke out for government revenue collection to exceed its target, says Krisada Chinavicharana, permanent secretary of the Finance Ministry.

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BUSINESS

Excise Department says carbon tax in the pipeline

Business, Wichit Chantanusornsiri, Published on 12/09/2022

» It is inevitable Thailand will introduce a carbon tax to match the global trend, says Excise Department director-general Ekniti Nitithanprapas.

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BUSINESS

Diesel tax cut likely to be extended

Business, Wichit Chantanusornsiri, Published on 09/09/2022

» The Finance Ministry is expected to ask the cabinet to extend the diesel excise tax reduction until the end of this year to ease people's living costs, according to a ministry source who requested anonymity.

BUSINESS

Agency drafts law on tax transparency

Business, Wichit Chantanusornsiri, Published on 09/09/2022

» The Revenue Department plans to propose a draft law on the exchange of financial account information of non-residents to the cabinet, according to director-general Lavaron Sangsnit.

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BUSINESS

Excise office promotes eco-friendly efforts

Business, Wichit Chantanusornsiri, Published on 08/09/2022

» The Excise Department plans to study tax measures to support the production of bioplastics, bio jet fuel and environmentally friendly batteries, says director-general Ekniti Nitithanprapas.

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BUSINESS

Finance ministry details tax on city farm land

Business, Wichit Chantanusornsiri, Published on 05/09/2022

» The criteria of the land and building tax regarding farm land must be applied to all farm land on an equal and indiscriminate basis, according to a Finance Ministry source.

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BUSINESS

Arkhom pushes insurance variants

Business, Wichit Chantanusornsiri, Published on 03/09/2022

» The Office of the Insurance Commission should consider approving insurance that covers environmental damage and damage to state infrastructure, says Finance Minister Arkhom Termpittayapaisith.