Showing 1 - 10 of 42
Law exempting tax on foreign income in the offing
Business, Wichit Chantanusornsiri, Published on 05/08/2025
» The Revenue Department is expediting the introduction of legislation to exempt Thais from income tax on foreign-sourced earnings within this year.
Revenue collection may not reach goal
Business, Wichit Chantanusornsiri, Published on 15/07/2025
» The government's revenue collection for fiscal 2025 may fall short of its target due to the impact of the economic slowdown, says finance permanent secretary Lavaron Sangsnit.
Would more debt fix the economy?
Business, Wichit Chantanusornsiri, Published on 17/05/2025
» A total of seven emergency loan decrees were issued from 1998 to 2021, authorising combined borrowings of 3.83 trillion baht to address various economic crises, including the Asian financial crisis and the Covid-19 pandemic.
VAT mulled for firms with less revenue
News, Wichit Chantanusornsiri, Published on 02/05/2025
» Finance Minister Pichai Chunhavajira on Thursday floated an idea of collecting value-added tax (VAT) from businesses with an annual income below 1.8 million baht to boost state income and reduce budget deficits.
Paopoom touts cheap stocks
Business, Wichit Chantanusornsiri, Published on 05/03/2025
» Deputy Finance Minister Paopoom Rojanasakul says smart investors will notice now is a good time to build up their portfolios, given stock market sentiment.
Senator eager to improve casino plan
Business, Wichit Chantanusornsiri, Published on 01/04/2024
» With the resurgence of interest in legalising casinos to bolster economic growth as the digital wallet and Land Bridge policies remain on hold, the government is being urged to reassess the details of a proposed casino and entertainment complex.
Advisor insists public debt still at reasonable level
Business, Wichit Chantanusornsiri, Published on 09/03/2024
» Despite an increase in public debt during the pandemic, the Public Debt Management Office (PDMO) insists the level remains manageable.
Dual rates cut into tobacco tax revenue
Business, Wichit Chantanusornsiri, Published on 06/02/2024
» Using a dual cigarette tax rate has reduced the government's cigarette tax revenue by roughly 23 billion baht, says Tobacco Authority of Thailand governor Poomjit Pongpanngam.
Online sales reporting ‘could bring in B10bn in taxes’
Wichit Chantanusornsiri, Published on 04/01/2024
» A requirement for online platform operators to submit sellers’ income statements to the Revenue Department should increase tax revenue by roughly 10 billion baht, says Lavaron Sangsnit, permanent secretary of the Ministry of Finance.
Justifying the digital wallet scheme
Business, Wichit Chantanusornsiri, Published on 16/11/2023
» The 10,000-baht digital wallet scheme is considered the flagship policy of the Pheu Thai-led coalition given its prominence in the election campaign.