Showing 1 - 10 of 23
Thailand to amend tax on foreign income remittance
Business, Wichit Chantanusornsiri, Published on 19/05/2025
» The Revenue Department is preparing to draft legislation to amend the collection of tax on foreign income remitted to Thailand.
State enterprises disburse 30% of investment budget
Business, Wichit Chantanusornsiri, Published on 02/05/2025
» At the end of March, state-owned enterprises had disbursed 30% of their total investment budget, which was set at 258 billion baht.
State revenue collection beats quarterly target by B1.62bn
Business, Wichit Chantanusornsiri, Published on 13/02/2024
» The government's revenue collection for the first three months of fiscal 2024 exceeded its target by 0.3%, or 1.62 billion baht, says Fiscal Policy Office director-general Pornchai Thiraveja.
State revenue outperforms target by 6.9%
Business, Wichit Chantanusornsiri, Published on 18/10/2023
» For the first 11 months of fiscal 2023, government revenue exceeded its target by 6.9%, or 153 billion baht, achieving a treasury balance of 300 billion baht at the end of August, said Fiscal Policy Office director-general Pornchai Thiraveja.
Amendment to see overseas income taxed
Business, Wichit Chantanusornsiri, Published on 26/09/2023
» The Revenue Department recently amended its notification regarding taxation on specified foreign-sourced income by stipulating that local residents who earn overseas income will be subject to personal income tax (PIT), according to Paragraph 2 of Section 41 of the Revenue Code.
Provident fund contribution delay continues
Business, Wichit Chantanusornsiri, Published on 12/01/2021
» The Finance Ministry has allowed employers and employees to extend halting or delaying provident fund contributions for another six months amid the recent Covid-19 outbreak in Thailand.
4 parties apply e-withholding tax system
Business, Wichit Chantanusornsiri, Published on 28/10/2020
» The Revenue Department has cooperated with 11 financial institutions to implement an e-withholding tax system to reduce inconveniences when filing tax documents.
Dhanarak Asset casts wider net
Business, Wichit Chantanusornsiri, Published on 15/06/2020
» The Treasury Department has instructed Dhanarak Asset Development to branch into developing other types of property, starting with residential projects for civil servants, with the goal of boosting annual income remittance tenfold to 1 billion baht.
State enterprises veer off remittance target
Business, Wichit Chantanusornsiri, Published on 02/05/2020
» The coronavirus pandemic is expected to wipe off up to 37 billion baht from state enterprise revenue remittances, resulting in a 20% shortfall from the target for fiscal 2020.
Sepo: Revenues dwindle
Business, Wichit Chantanusornsiri, Published on 07/04/2020
» The pandemic started to take a bite out of state enterprises' revenue remittances in March, says the State Enterprise Policy Office's (Sepo) chief.