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Search Result for “revenue department”

Showing 1 - 10 of 1,097

BUSINESS

Fuel crisis upends state's fiscal plans

Business, Wichit Chantanusornsiri, Published on 17/04/2026

» The energy crisis may pose a challenge for the government in pursuing its fiscal plan, which aims to reduce the fiscal deficit to no more than 3% of GDP, increase revenue through a higher value-added tax (VAT), and keep public debt below 70% of GDP, according to the Finance Ministry.

BUSINESS

Agency raises diesel price ceiling in cost formula

Business, Wichit Chantanusornsiri, Published on 17/04/2026

» The Comptroller General's Department has raised the diesel price ceiling used in calculating reference prices for public construction projects to no more than 69.99 baht per litre, in order to reflect the rising costs of government construction works resulting from the war in the Middle East.

BUSINESS

Thailand targets major investment reform

Business, Wichit Chantanusornsiri, Published on 11/04/2026

» Finance Minister Ekniti Nitithanprapas has recently stated that the current energy crisis could be Thailand's last opportunity to restructure its economy and ensure long-term survival.

THAILAND

Co-payment scheme to expand in May

News, Wichit Chantanusornsiri, Published on 09/04/2026

» The Finance Ministry has confirmed the next phase of the "Khon La Khrueng" co-payment scheme will start in May, with an expanded reach aimed at easing the financial strain on households amid ongoing economic pressures.

BUSINESS

Treasury mulls overseas coin production as costs escalate

Business, Wichit Chantanusornsiri, Published on 08/04/2026

» The ongoing conflict in the Middle East has pushed up the Treasury Department's coin production costs, raising the possibility that 1-baht coins may eventually need to be minted overseas, where production costs are lower.

BUSINESS

Analyst urges united front on hardships

Business, Wichit Chantanusornsiri, Published on 06/04/2026

» Dealing with crises is not the responsibility of an individual or the government alone -- it requires a collective effort as new crises often arise before existing ones have been fully resolved, says an analyst from Thailand Development Research Institute (TDRI).

BUSINESS

Customs rule change trims parcel imports

Business, Wichit Chantanusornsiri, Published on 30/03/2026

» Imported parcels delivered directly to recipients in Thailand have decreased in volume, while their prices have increased as a result of Customs Department measures.

BUSINESS

Thailand mulls windfall tax on oil refineries

Business, Wichit Chantanusornsiri, Published on 28/03/2026

» The Fiscal Policy Office (FPO) has acknowledged it is studying the feasibility of introducing a windfall tax on refinery businesses in Thailand.

BUSINESS

Crackdown targets use of Thai proxies

Business, Wichit Chantanusornsiri, Published on 25/03/2026

» The government is tightening controls on nominees by introducing new measures to prevent foreigners from using Thais as proxies to operate businesses, effective April 1.

BUSINESS

Ministry eyes oil excise tax trims

Business, Wichit Chantanusornsiri, Published on 23/03/2026

» The Finance Ministry is weighing the extent of potential oil tax cuts to keep retail fuel prices at a level the economy can absorb, while also avoiding excessive impact on government revenue.