Showing 1 - 10 of 62
GSB told to ease up on informal debtors
Business, Wichit Chantanusornsiri, Published on 19/02/2024
» The Finance Ministry has ordered the Government Savings Bank (GSB) to consider relaxing conditions for informal debtors, says Deputy Finance Minister Krisada Chinavicharana.
BAAC expects 85% of farmers to join debt plan
Business, Wichit Chantanusornsiri, Published on 02/11/2023
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) anticipates roughly 85% of the 2 million eligible farmers will participate in the government's debt suspension programme, says president Chatchai Sirilai.
Overseas earnings targeted
Business, Wichit Chantanusornsiri, Published on 19/09/2023
» The Revenue Department has ruled that a person who resides in Thailand for up to 180 days a year and earns overseas income from work or assets will be subject to personal income tax, according to Section 48 of the Revenue Code.
Carbon from industry added to the tax mix
Business, Wichit Chantanusornsiri, Published on 11/08/2023
» The Excise Department says the carbon tax structure will include carbon emitted by the industrial supply chain in the future.
Department urges firms to home in on ESG
Business, Wichit Chantanusornsiri, Published on 08/08/2023
» The Excise Department is advising business operators to accelerate adjustments by focusing on manufacturing products in line with the environmental, social and governance (ESG) approach to prevent an embargo on imports, says director general Ekniti Nitithanprapas.
Social Security Fund dips by B17.6bn
Business, Wichit Chantanusornsiri, Published on 11/07/2023
» In 2022, the Social Security Fund (SSF) declined by more than 17.6 billion baht, the first drop in five years, as a result of decreased market capitalisation (mark to market) and reduced contributions to alleviate the financial burden of subscribers during the pandemic, says a Finance Ministry source who requested anonymity.
Weak economy hampers liquor upgrades
Business, Wichit Chantanusornsiri, Published on 22/05/2023
» The Excise Department says current economic conditions are unfavourable, resulting in only one small, community-based entrepreneur applying for a licence to become a medium-sized liquor producer, says deputy director-general Kriengkrai Pattanaporn.
Levy on share sales at risk from Fetco opposition
Business, Wichit Chantanusornsiri, Published on 03/03/2023
» The imposition of the financial transaction tax on share sales by individual investors might be delayed because of opposition from the Federation of Thai Capital Market Organizations (Fetco), says Finance Minister Arkhom Termpittayapaisith.
Finance Ministry keen on balanced budget
Business, Wichit Chantanusornsiri, Published on 03/02/2023
» The Finance Ministry expects a more focused reform of both revenue collection and expenditure to achieve a balanced budget in the next decade, says the ministry's permanent secretary Krisada Chinavicharana.
Govt to start taxing stock market sales this year
News, Wichit Chantanusornsiri, Published on 12/04/2022
» The Finance Ministry is standing firm on its plan to impose a financial transaction tax on individual stock investors this year after seeing growth in the local market.