Showing 1 - 10 of 28
Price of BEVs entitled to perks to be slashed
Business, Wichit Chantanusornsiri, Published on 22/03/2022
» The price of battery electric vehicles (BEVs) entitled to the state's subsidy and tax incentives will be reduced by at least 150,000-200,000 baht per car, said the Excise Department's director-general Lavaron Sangsnit.
Fast Money aims to remake motorcycle title loan market
Business, Wichit Chantanusornsiri, Published on 26/03/2021
» The joint venture between Government Savings Bank (GSB) and SET-listed Srisawad Corporation Plc (SAWAD) has earmarked 20 billion baht for the motorcycle title loan business, offering an interest rate of almost half market rates.
Excise mulls EV battery fee
Business, Wichit Chantanusornsiri, Published on 17/12/2019
» The Excise Department is poised to charge up to 1,000 baht per electric vehicle (EV) battery to finance tracking battery demolition or recycling, with refunds paid after car owners deliver the battery.
Luxury cars on auction road
Business, Wichit Chantanusornsiri, Published on 09/09/2019
» The Customs Department plans to continue with auctioning 4,000 seized luxury cars next year after the process was halted following the Land Transport Department's refusal to register the vehicles.
Criteria for state welfare smartcards getting rejig
Business, Wichit Chantanusornsiri, Published on 02/09/2019
» Qualification criteria for a new round of registration for state welfare recipients will be tweaked after additional allowances for smartcard holders under the economic stimulus package are revealed.
Fiscal discipline can still save the day
News, Wichit Chantanusornsiri, Published on 03/05/2018
» Fiscal security is of the utmost importance. When the country faces an economic crisis, every government must resort to stimulus measures to reinvigorate the economy. At times, some make use of fiscal measures to narrow the socio-economic gap. Either way, much money is needed.
Car scheme breach probed
Business, Wichit Chantanusornsiri, Published on 03/02/2018
» The Excise Department has found that a mere 52 owners who bought cars under the first-time car buyer scheme breached the conditions, says the Office of the Auditor-General (OAG).
10,000 first cars to be unlocked
Business, Wichit Chantanusornsiri, Published on 02/02/2018
» The Excise Department will unlock ownership transfers of 10,000 cars bought under the first-time car buyer scheme and blocked by the Office of the Auditor-General (OAG) because they are pending excise tax refund inspections in the next few days.
Customs not up to speed on supercar scam
News, Wichit Chantanusornsiri, Published on 21/09/2017
» Bangkok shouldn't be an ideal city for high-powered supercars. Given the city's notorious traffic congestion, it is hard to imagine how people can maximise their supercars' engine capacity by driving them at high speed. Yet, luxury cars are still one of the key items possessed by millionaires here.
First-time car buyer scheme ownership period reviewed
Business, Wichit Chantanusornsiri, Published on 02/09/2015
» The Excise Department has submitted to the Finance Ministry the pros and cons of shortening the minimum ownership period under the first-time car buyer scheme to three years from five.