Showing 1 - 10 of 15
Carbon tax implementation in the offing
Business, Wichit Chantanusornsiri, Published on 04/02/2025
» Thailand is set to implement a carbon tax this month as part of its efforts to reduce greenhouse gas emissions and promote environmental sustainability.
Official urges courage in tax assessment
Business, Wichit Chantanusornsiri, Published on 10/06/2024
» Local governments must be courageous in assessing which land plots are being underutilised or not used as they should be, as this assessment determines the maximum tax burden according to the land and building tax, says finance permanent secretary Lavaron Sangsnit.
Property tax rejig to amplify revenue
Wichit Chantanusornsiri, Published on 17/04/2024
» Amendment of the land and building tax law is meant to enhance both the efficiency of collection and levy an appropriate rate, while the criteria will have to be tightened to close tax loopholes, says finance permanent secretary Lavaron Sangsnit.
BAAC unveils scheme for carbon credits
Business, Wichit Chantanusornsiri, Published on 12/02/2024
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) plans to purchase 510,000 tonnes of carbon credits within five years, says president Chatchai Sirilai.
Call to provide insurance for high-value fruit
Business, Wichit Chantanusornsiri, Published on 21/07/2023
» Finance Minister Arkhom Termpittayapaisith proposed the Office of Insurance Commission (OIC) consider the issuance of insurance for high-value fruits such as durian, mangoes, oranges and bananas to boost the confidence of farmers.
Officials informed to use judgement in land cases
Business, Wichit Chantanusornsiri, Published on 15/09/2022
» The land and building tax law lets local administrative officials decide whether landowners are managing their lands in such a way to avoid paying a higher tax rate, says finance permanent secretary Krisada Chinavicharana.
Finance ministry details tax on city farm land
Business, Wichit Chantanusornsiri, Published on 05/09/2022
» The criteria of the land and building tax regarding farm land must be applied to all farm land on an equal and indiscriminate basis, according to a Finance Ministry source.
BAAC pledges B20bn for green credit
Business, Wichit Chantanusornsiri, Published on 26/08/2022
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has pledged 20 billion baht of new green credit to support organic agriculture and the planting of economic trees, says bank president Tanaratt Ngamvalairatt.
Treasury allots B4bn for medical hub
Business, Wichit Chantanusornsiri, Published on 20/10/2020
» The Treasury Department together with the Public Health Ministry has vowed to splurge as much as 4 billion baht to develop and convert Phuket's medical tourism industry into a world-class medical and wellness tourist destination.
Landowners panic over tax changes
News, Wichit Chantanusornsiri, Published on 26/12/2019
» Operators of homestay and home-sharing premises will soon face much higher commercial property tax than buy-to-let homeowners who pay residential rates, the Finance Ministry says.