Showing 1 - 10 of 16
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.
Official urges courage in tax assessment
Business, Wichit Chantanusornsiri, Published on 10/06/2024
» Local governments must be courageous in assessing which land plots are being underutilised or not used as they should be, as this assessment determines the maximum tax burden according to the land and building tax, says finance permanent secretary Lavaron Sangsnit.
Property tax rejig to amplify revenue
Wichit Chantanusornsiri, Published on 17/04/2024
» Amendment of the land and building tax law is meant to enhance both the efficiency of collection and levy an appropriate rate, while the criteria will have to be tightened to close tax loopholes, says finance permanent secretary Lavaron Sangsnit.
Price limit change to aid would-be buyers
Business, Wichit Chantanusornsiri, Published on 02/04/2024
» The Finance Ministry looks set to propose an increase in the limit on home prices eligible for a reduction in the transfer fee and mortgage registration fee to 5 million baht, from the current level of less than 3 million baht, in an effort to stimulate the real estate sector.
Ministry mulls raising price limit for housing
Business, Wichit Chantanusornsiri, Published on 29/03/2024
» The Finance Ministry may consider raising the price limit for housing units eligible for government support, aiming to stimulate growth in the real estate sector.
Ministries vow to ease land & building tax
Business, Wichit Chantanusornsiri, Published on 07/03/2024
» The Finance Ministry and Interior Ministry have pledged to improve the land and building tax to prevent a negative impact on the public amid several economic challenges.
Finance Ministry urges aid for ailing property sector
Business, Wichit Chantanusornsiri, Published on 09/02/2024
» The Finance Ministry recommends the government implement measures to improve the property sector and stimulate the economy, says Deputy Minister of Finance Krisada Chinavicharana.
Reduced property fees extended
Business, Wichit Chantanusornsiri, Published on 27/12/2023
» The cabinet approved extending the reduced ownership transfer and mortgage fees for another year, which is expected to increase GDP by an additional 0.5%, says Pornchai Thiraveja, director-general of the Fiscal Policy Office.
Ministry urges help for homebuyers
Wichit Chantanusornsiri, Published on 25/12/2023
» Policymakers in the Finance Ministry recommend the government implement measures to improve the property sector, helping to stimulate the economy next year, says a ministry source who requested anonymity.
Talks aim to revise land, building tax
Business, Wichit Chantanusornsiri, Published on 31/10/2023
» The Fiscal Policy Office is in talks with the Bangkok Metropolitan Administration (BMA) to seek a conclusion to the latter's request for the Finance Ministry to revise the land and building tax law, says Deputy Finance Minister Krisada Chinavicharana.