Showing 1 - 10 of 11
B100bn relief package for virus
News, Wichit Chantanusornsiri, Published on 05/03/2020
» The Finance Ministry has launched a huge relief package including cash giveaways to many more individuals beyond the 14 million people with annual base incomes not exceeding 100,000 baht and who are registered as poor to help cushion fallout from the spread of the new coronavirus.
Tax perks in push for more children
Business, Wichit Chantanusornsiri, Published on 20/02/2017
» Individual taxpayers can claim child allowance deductions for an unlimited number of biological children or up to three foster children under the new personal income tax structure effective from the 2017 tax year.
Revenue Dept warns rice millers to update records
Wichit Chantanusornsiri, Published on 07/11/2016
» The Revenue Department has advised rice millers and other businesses to ensure their tax data is updated before the new electronic tax collection system is introduced.
VAT fraud gang arrested
Wichit Chantanusornsiri, Published on 12/09/2016
» The Revenue Department has led the arrest of a gang producing fake sales invoices used to claim a refund of value added tax (VAT), Director-general Prasong Poontaneat said on Monday.
E-payment scheme nears
Business, Wichit Chantanusornsiri, Published on 16/05/2016
» Registration for the national e-payment scheme will be open from July 15, while electronic payments will be rolled out from January next year.
Extra budget to avert risks to growth
Business, Wichit Chantanusornsiri, Published on 07/01/2016
» The Budget Bureau will set an extra stimulus budget of 70-100 billion baht to fend off downside risks to the country's growth from the global economic slowdown.
GLO halts ticket quota system
Business, Wichit Chantanusornsiri, Published on 21/10/2015
» The board of the Government Lottery Office (GLO) has decided to abolish the 10-year-old quota-based ticket system after the quota held by the last broker expires in December.
Lotto work to do
Business, Wichit Chantanusornsiri, Published on 24/09/2015
» Although the government's efforts to address the decades-long problem of overpriced lottery tickets have borne fruit after the introduction of several measures, it remains questionable whether the cap on ticket prices has staying power.
VAT trawl nets big fish
Business, Wichit Chantanusornsiri, Published on 15/06/2015
» Since value-added tax (VAT) was introduced in 1992, there have been several cases of false refunds, but the offenders, especially the big fish, always managed to slip through authorities' fingers.
14 more named for fraud
Business, Wichit Chantanusornsiri, Published on 12/06/2015
» The Revenue Department will submit a list of 14 additional officials suspected of involvement in a fraudulent value-added tax (VAT) refund scam in recent years to the Finance Ministry.