Showing 1 - 10 of 55
How VAT on cheap imported goods adds up
Business, Wichit Chantanusornsiri, Published on 02/05/2024
» Thailand has embraced the digital economy, with trade on foreign online platforms increasing rapidly, disrupting domestic entrepreneurs.
Department promotes promising stars in lacklustre year
Business, Wichit Chantanusornsiri, Published on 18/04/2024
» The Revenue Department says there are significant challenges this year achieving tax collection targets because of the slowdown in economic activities, although it has identified five sectors that show promise.
Going global
Business, Wichit Chantanusornsiri, Published on 24/07/2023
» Why are Thai small and medium-sized enterprises (SMEs) unable to penetrate foreign markets as other countries do? Apart from a lack of courage in tackling obstacles to international trade, Thai SMEs' lack of research and development (R&D) is one of the key factors hindering them from entering the global market.
Department upbeat on revenue goal
Business, Wichit Chantanusornsiri, Published on 09/02/2023
» The Revenue Department expects to meet its revenue collection target for fiscal 2023 because of the economic recovery, says director-general Lavaron Sangsnit.
Banking on technology
Business, Wichit Chantanusornsiri, Published on 01/11/2021
» State agencies and state-run banks have been harnessing technology to enhance their performance, ranging from analysing suspicious tax evasion cases to facilitating bank customers conducting a live chat to request a loan.
GSB switches tack to data analytics for digital loans
Business, Wichit Chantanusornsiri, Published on 08/10/2021
» Government Savings Bank (GSB) plans to deploy an alternative data analytics system by the middle of next year to enhance its digital lending analysis.
Use tech to tackle debt, says BoT
Business, Wichit Chantanusornsiri, Published on 14/09/2021
» Digital technology should be used to tackle household debt and make it easier for small and medium-sized enterprises (SMEs) to access loans, said Bank of Thailand governor Sethaput Suthiwartnarueput.
Surge of new income tax payers
Business, Wichit Chantanusornsiri, Published on 05/08/2021
» A surge of hundreds of thousands of new income tax payers has been trumpeted by the Revenue Department as a sign of its successful strategy to expand its revenue base.
In rejig, 2020 tax forms allowed for We Win help
Business, Wichit Chantanusornsiri, Published on 11/02/2021
» The Finance Ministry has allowed 2020 tax filing data to be used as eligibility criteria for receiving financial aid under the "Rao Chana" (We Win) scheme, catering to those wanting their eligibility to be reassessed.
Revenue eyes online vendors
Business, Wichit Chantanusornsiri, Published on 23/11/2020
» The Revenue Department has started to send notification letters to online merchants that have income at the threshold of personal income tax liability.