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Search Result for “$8 billion”

Showing 1 - 10 of 16

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PROPERTY

Trying to create a fairer property tax

Business, Wichit Chantanusornsiri, Published on 13/06/2024

» The Finance Ministry is reviewing the Land and Building Tax Act. Public hearings were conducted to gather opinions from the public and stakeholders.

GENERAL

Official backs B122bn added budget

Business, Wichit Chantanusornsiri, Published on 06/06/2024

» Permanent finance secretary Lavaron Sangsnit has insisted the preparation of an additional budget totalling 122 billion baht for fiscal 2024 is still within the framework of fiscal discipline.

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GENERAL

Carbon levy slated for 2025

Business, Wichit Chantanusornsiri, Published on 05/06/2024

» The Excise Department is scheduled to impose a carbon tax by 2025.

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GENERAL

Ministry reports shortfall in revenue

News, Wichit Chantanusornsiri, Published on 04/06/2024

» The government's revenue collection in the first seven months of the 2024 fiscal year was nearly 40 billion baht under the 1.4 trillion baht target due to a reduction in fuel taxes and a decrease in vehicle tax collection.

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GENERAL

Trade upgrade

Business, Wichit Chantanusornsiri, Published on 03/06/2024

» Technological change, once a gentle breeze, is now sweeping through with much greater force, raising concerns about whether these advancements will disrupt Thailand's export sector, which accounted for 54.5% of GDP last year, excluding services.

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GENERAL

Exports must shift to cleaner production

Business, Wichit Chantanusornsiri, Published on 31/05/2024

» With the world moving towards green production, Deputy Finance Minister Paopoom Rojanasakul warns that Thailand will fall behind if the country does not shift in this direction.

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GENERAL

Land and building tax collection to tally B43bn this year

Business, Wichit Chantanusornsiri, Published on 29/05/2024

» The Finance Ministry expects collection of the land and building tax this year to total 43 billion baht, 8 billion higher than last year as the tax discount is discontinued.

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GENERAL

Tax refunds delayed by surge in fake submissions

Business, Wichit Chantanusornsiri, Published on 27/05/2024

» The delay in personal income tax refunds this year is partly related to stricter document verification, as more fake documents were submitted to claim refunds, according to the Revenue Department.

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GENERAL

Finance official optimistic on H2

Business, Wichit Chantanusornsiri, Published on 16/05/2024

» The economy is poised for healthier growth in the second half of the year, with three significant financial injections planned to stimulate momentum.

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GENERAL

Cabinet approves new energy subsidies

Business, Wichit Chantanusornsiri, Published on 08/05/2024

» The cabinet has endorsed initiatives aimed at easing people's energy expenses, covering caps on diesel and cooking gas prices, as well as subsidies for electricity bills for vulnerable groups.