Showing 21 - 30 of 53
Scant few eligible for VAT return scheme
Business, Wichit Chantanusornsiri, Published on 14/12/2018
» A meagre 360,000 of the 11.4 million recipients of the government's welfare and subsidy scheme for the poor are entitled to value-added tax (VAT) payback in the first month after the tax incentive scheme started last month.
Welfare handout half depleted in 3 days
Business, Wichit Chantanusornsiri, Published on 12/12/2018
» Half of the 5.66 billion baht distributed to 11.3 million recipients of the government's welfare and subsidy scheme was disbursed within three days after the handout programme started, says the Comptroller-General's Department.
Revenue defends VAT refund contract award
Business, Wichit Chantanusornsiri, Published on 03/10/2018
» The Revenue Department has insisted selecting Counter Service Co, a payment service provider wholly owned by CP All Plc, to provide value-added tax (VAT) refunds for foreign tourists outside airports was done in a transparent manner.
Three juristic entities apply to offer VAT refund service
Business, Wichit Chantanusornsiri, Published on 25/09/2018
» Three applicants have proposed to offer refund services for value-added tax (VAT) for foreign tourists, says the Revenue Department.
Cabinet to consider aid measures
Business, Wichit Chantanusornsiri, Published on 26/08/2017
» Assistance measures for recipients of this year's welfare and subsidy scheme for the poor will go to the cabinet for approval within the next few weeks, says Finance Minister Apisak Tantivorawong.
Banking on young shoulders
Business, Wichit Chantanusornsiri, Published on 13/05/2017
» Chatchai Sirilai is the ultimate GH Bank lifer -- an anomaly in an industry where people frequently jump ship in order to advance their careers.
Council of State challenges two-year payback mandate
Business, Wichit Chantanusornsiri, Published on 18/04/2017
» The Council of State has proposed loosening the requirement of a two-year payback for government when it borrows to finance any populist policy, aiming to keep subsequent administrations from running out of resources for investment if the fiscal budget is constrained.
Beefing up the role of SME Bank
Business, Wichit Chantanusornsiri, Published on 18/02/2017
» Is the Small and Medium Enterprise Development Bank of Thailand (SME Bank) undersized relative to Thailand's economic value? It's a simple question that has recently been raised by president Mongkol Leelatham, but one that nobody dared ask even a few years ago.
Emergency funds in the spotlight
Business, Wichit Chantanusornsiri, Published on 17/10/2016
» The Budget Bureau will amend the Budgeting Procedure Act to widen the finance minister's power to allocate Treasury reserves for emergency requirements to 50 billion baht from the current 100 million.
NSF seeks B1.5bn in new funding
Business, Wichit Chantanusornsiri, Published on 22/09/2015
» The National Savings Fund (NSF) will ask for an additional 1.5 billion baht from the government to pay for the matching contributions for its members following higher-than-expected applications.