Showing 1 - 10 of 31
VAT refunds surge after reopening
Business, Wichit Chantanusornsiri, Published on 31/05/2023
» Tourist tax refunds have skyrocketed since Thailand fully reopened in June last year, according to Revenue Department director-general Lavaron Sangsnit.
Arkhom asks state banks to continue aid
Business, Wichit Chantanusornsiri, Published on 04/01/2022
» The Finance Ministry has instructed state financial institutions to continue providing financial assistance to customers, including those classified as non-performing loan (NPLs), until the economy has fully recovered.
BAAC to back farming-related startups
Business, Wichit Chantanusornsiri, Published on 22/10/2021
» Bank for Agriculture and Agricultural Cooperatives (BAAC) will invest in promising startups in the farming sector, especially those which have boosted farmers' income, said the bank's executive vice-president Narong Khuntiviriyakul.
Finance Ministry scrutinising handout
Business, Wichit Chantanusornsiri, Published on 02/10/2020
» A measure aimed at stimulating consumption through a tax rebate for the upper-income segment will have to be scrutinised as to whether it will motivate these consumers to spend more, says a senior finance official.
Treasury Department reclaiming unused land
Business, Wichit Chantanusornsiri, Published on 21/07/2020
» The Treasury Department plans to pull some unused state lands managed by government agencies into its own oversight to increase their value.
Tax-collecting agencies unlikely to meet targets
Business, Wichit Chantanusornsiri, Published on 20/04/2020
» The revenue target for the three tax-collecting agencies this fiscal year is unlikely to be met after the Covid-19 outbreak disrupted business activities.
FPO: Prime city plot iffy for farm tax rate
Business, Wichit Chantanusornsiri, Published on 22/02/2020
» An empty plot of prime Bangkok real estate on Ratchadaphisek Road, recently turned into a lime farm to avoid the highest land and buildings tax bracket, is likely subject to the tax rate for vacant land, says the chief of the Fiscal Policy Office (FPO).
Soft drinks' tax haul gains 2-3%
Business, Wichit Chantanusornsiri, Published on 12/03/2019
» Excise revenue collected from soft drinks for the first five months of fiscal 2019 rose by 2-3%, with full-year revenue collection targeted at 25 billion baht, says the Excise Department.
Steep drop in poor's spending
Business, Wichit Chantanusornsiri, Published on 28/12/2018
» Low-income earners' spending during the New Year festivities is expected to decline to 30.2 billion baht as shoppers become more cautious and try to save more, according to Government Savings Bank.
Appeals to go forward in VAT refund service dispute
Business, Wichit Chantanusornsiri, Published on 05/10/2018
» The Revenue Department has allowed two companies that failed to win approval for offering downtown value-added tax (VAT) refund service to foreign tourists during a six-month trial run to file appeals within 15 days after its decision was announced.