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Finance minister floats tax changes
Wichit Chantanusornsiri, Published on 03/12/2024
» Finance Minister Pichai Chunhavajira has floated the idea of increasing value-added tax (VAT), while reducing corporate and personal income tax rates to strengthen state revenue, drive national development, enhance competitiveness and address domestic disparities.
GSB floats credit plan for informal labour
Business, Wichit Chantanusornsiri, Published on 05/08/2020
» The Government Savings Bank (GSB) is proposing that the Finance Ministry adjust emergency loan conditions to expand the credit line for informal workers after the loan programme received a tepid response.
Customs floats luxury car tax cut
Business, Wichit Chantanusornsiri, Published on 30/01/2018
» The Customs Department has already proposed lowering the import duty on luxury cars from the current rate of 80% of cost, insurance and freight (CIF) to the Finance Ministry, says an informed source at the department.