Showing 1 - 10 of 69
Collection 2% short of target in Q1
Business, Wichit Chantanusornsiri, Published on 27/01/2026
» The government's net revenue collection in the first quarter of fiscal 2026 (October–December 2025) amounted to 633 billion baht, falling 2% short of the target, mainly due to an accelerated refund of corporate income tax to businesses.
Corporate tax refunds dent fiscal 2026 revenue collection
Business, Wichit Chantanusornsiri, Published on 29/12/2025
» The government's net revenue collection during the first two months of fiscal 2026 amounted to 385 billion baht, 7% below target, mainly due to accelerated refunds of corporate income tax.
Council of State spikes lottery partial-refund hopes
News, Wichit Chantanusornsiri, Published on 08/12/2025
» The Council of State (CoS) has advised against a proposal to offer partial refunds to buyers of digital lottery tickets who do not win prizes because the plan was deemed to exceed the authority of the Government Lottery Office (GLO), says a top finance official.
Government to accelerate approval of investments
Business, Wichit Chantanusornsiri, Published on 11/11/2025
» The government has pledged to utilise the Fast Pass system to expedite permit approvals -- including those for water and electricity connections -- in order to increase investments.
Department to speed up VAT refunds of B160bn
Business, Wichit Chantanusornsiri, Published on 08/10/2025
» The Revenue Department has been instructed to expedite the refund of outstanding value-added tax (VAT) amounting to 160 billion baht to enhance liquidity in the business sector.
Cabinet approves support for firms hit by new tax
Business, Wichit Chantanusornsiri, Published on 03/09/2025
» The cabinet on Tuesday approved in principle the draft National Competitiveness Enhancement for Targeted Industries Bill to mitigate the impact of the so-called Top-Up Tax.
Government targets tax reform in attempt to boost revenue
Business, Wichit Chantanusornsiri, Published on 13/05/2025
» Tax reform to increase government revenue must be seriously pursued to enhance fiscal strength, says finance permanent secretary Lavaron Sangsnit.
Most personal income tax refunds processed
Business, Wichit Chantanusornsiri, Published on 10/04/2025
» The Revenue Department has already fulfilled 83% of personal income tax refund requests, according to the department chief.
Retirement lottery aims to spur savings
Business, Wichit Chantanusornsiri, Published on 14/03/2025
» The government expects the retirement lottery project to attract an additional 13 billion baht in annual savings.
State revenue grows 2.1% in first months of fiscal year
Business, Wichit Chantanusornsiri, Published on 19/12/2024
» The Revenue Department reported its revenue collection in the first two months of fiscal 2025 grew 2.1% year-on-year, attributed to efforts to bring individuals outside the tax system into compliance and stricter enforcement of tax evasion measures.