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Search Result for “exemption”

Showing 1 - 10 of 95

BUSINESS

Election puts new rules in limbo

Business, Wichit Chantanusornsiri, Published on 05/01/2026

» In 2026, several taxes are in the Finance Ministry's pipeline that will affect salaried employees, the public and businesses.

BUSINESS

Fiscal decline expected to pressure Thailand over the medium term

Business, Wichit Chantanusornsiri, Published on 27/12/2025

» In 2026, the incoming government is likely to face a host of internal and external challenges, with Thailand's fiscal position a longstanding problem that has become more strained amid sluggish economic growth.

BUSINESS

Savings accounts target financial stability

Business, Wichit Chantanusornsiri, Published on 22/11/2025

» Finance Minister Ekniti Nitithanprapas, who serves as head of the government's economic team under Prime Minister Anutin Charnvirakul, has proposed a review of various tax deductions and exemptions.

BUSINESS

Minister clarifies digital services accord

Business, Wichit Chantanusornsiri, Published on 11/11/2025

» The Agreement on Reciprocal Trade between the US and Thailand regarding the exemption of import duties on digital services concerns the downloading of cross-border digital goods, not the provision of cross-border services or e-service tax, says Finance Minister Ekniti Nitithanprapas.

BUSINESS

Office outlines expected goals for revised fiscal framework

Business, Wichit Chantanusornsiri, Published on 03/11/2025

» The revised medium-term fiscal framework should focus on strengthening revenue generation and rationalising government expenditure to reinforce fiscal credibility with ratings agencies, says the chief of the Fiscal Policy Office (FPO).

BUSINESS

Fiscal Policy Office issues alert over B1tn debt burden for state agencies

Business, Wichit Chantanusornsiri, Published on 29/08/2025

» The Fiscal Policy Office (FPO) has insisted the government should use the budget under Section 28 of the State Financial and Fiscal Discipline Act only when necessary to avoid affecting the operations of state agencies, as the debt burden under this framework has already exceeded 1 trillion baht.

THAILAND

Rice farmers in line for B114bn aid

News, Wichit Chantanusornsiri, Published on 20/08/2025

» The cabinet has approved 114 billion baht worth of aid for rice farmers, said deputy government spokesman Anukul Pruksanusak.

BUSINESS

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.

BUSINESS

New approach to overseas income aims to spur inflows

Business, Wichit Chantanusornsiri, Published on 04/06/2025

» The Revenue Department is shifting its approach on how it taxes income sourced from abroad.

BUSINESS

Panel seeks to reform tax structure, state welfare system

Business, Wichit Chantanusornsiri, Published on 10/01/2025

» The Finance Ministry has established a committee to reform the tax structure and the state welfare system, aiming to achieve fiscal sustainability, according to Deputy Finance Minister Julapun Amornvivat.