Showing 1 - 10 of 50
Official backs B122bn added budget
Business, Wichit Chantanusornsiri, Published on 06/06/2024
» Permanent finance secretary Lavaron Sangsnit has insisted the preparation of an additional budget totalling 122 billion baht for fiscal 2024 is still within the framework of fiscal discipline.
New overseas income rules proposed
Business, Wichit Chantanusornsiri, Published on 05/06/2024
» The Revenue Department is preparing to amend the law to collect taxes from individuals who have income from abroad, even if that income is not brought into the country.
Carbon levy slated for 2025
Business, Wichit Chantanusornsiri, Published on 05/06/2024
» The Excise Department is scheduled to impose a carbon tax by 2025.
Top-up tax draft heads to cabinet
Business, Wichit Chantanusornsiri, Published on 04/06/2024
» Draft legislation to collect taxes from multinational enterprises (MNEs) to prevent the shifting of profit to subsidiaries located in countries with a lower tax base is scheduled to be presented to the cabinet for approval in the next two weeks, says Deputy Finance Minister Julapun Amornvivat.
Ministry reports shortfall in revenue
News, Wichit Chantanusornsiri, Published on 04/06/2024
» The government's revenue collection in the first seven months of the 2024 fiscal year was nearly 40 billion baht under the 1.4 trillion baht target due to a reduction in fuel taxes and a decrease in vehicle tax collection.
Trade upgrade
Business, Wichit Chantanusornsiri, Published on 03/06/2024
» Technological change, once a gentle breeze, is now sweeping through with much greater force, raising concerns about whether these advancements will disrupt Thailand's export sector, which accounted for 54.5% of GDP last year, excluding services.
Office advances public-private pacts
Business, Wichit Chantanusornsiri, Published on 03/06/2024
» The State Enterprise Policy Office (Sepo) expects to push forward government investment projects this year under public-private partnerships (PPP) valued at close to the government's target of 47 billion baht.
Officials ordered to draw up plans for economic stimulus
Business, Wichit Chantanusornsiri, Published on 01/06/2024
» Deputy Finance Minister Julapun Amornvivat has told three tax-related departments to devise stimulus measures to be presented to the economic cabinet within a week and a half.
Exports must shift to cleaner production
Business, Wichit Chantanusornsiri, Published on 31/05/2024
» With the world moving towards green production, Deputy Finance Minister Paopoom Rojanasakul warns that Thailand will fall behind if the country does not shift in this direction.
Minister unveils effort to shrink credit blacklist
Business, Wichit Chantanusornsiri, Published on 30/05/2024
» Finance Minister Pichai Chunhavajira has pitched shortening the duration for bad debtors to remain on the National Credit Bureau's blacklist, allowing them to access new borrowing opportunities sooner.