Showing 1-10 of 16 results
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The thorny issue of digital wallet funding
Business, Wichit Chantanusornsiri, Published on 25/04/2024
» The coalition government led by Prime Minister Srettha Thavisin made a significant pivot on its flagship scheme, which aims to hands out 10,000 baht each to 50 million Thais via a digital wallet, shifting from government borrowing, which drew sharp criticism and raised concerns about potential violations of financial and fiscal discipline regulations.
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Retail investors snap up government savings bonds
Business, Wichit Chantanusornsiri, Published on 22/03/2024
» Government savings bonds drew overwhelming interest from retail investors this month as interest rates are expected to decline.
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Revenue to unveil chatbot
Business, Wichit Chantanusornsiri, Published on 10/07/2023
» The Revenue Department is preparing to introduce a chatbot to offer answers to taxpayers online as a new channel for virtual tax consultation, says director-general Lavaron Sangsnit.
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Ministry estimates B2tn available for party pledges
Business, Wichit Chantanusornsiri, Published on 15/05/2023
» The new government will have room to spend at least 2 trillion baht to fulfil its populist campaign pledges, according to a Finance Ministry source who requested anonymity.
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E-donations to be given tax cut priority
Business, Wichit Chantanusornsiri, Published on 11/04/2023
» Donations to education, sports and social development will only gain a double tax deduction if they are made via an electronic channel, said Vinit Visessuvanapoom, deputy director-general of the Revenue Department.
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GSB sets higher bar for 2020 lending
Business, Wichit Chantanusornsiri, Published on 16/01/2020
» State-owned Government Savings Bank (GSB) aims to extend loans worth 550 billion baht and raise the customer base to cover 41% of the country's population this year.
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Revenue deploys carrot, stick strategy
Business, Wichit Chantanusornsiri, Published on 05/11/2019
» The Revenue Department plans to adopt a carrot and stick approach in an effort to add 3-4 million individual and corporate taxpayers to the system, its chief says.
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Channel for VAT refund added
Business, Wichit Chantanusornsiri, Published on 04/01/2019
» The Finance Ministry has extended a payment channel that is eligible for the government's value-added tax (VAT) refund scheme for shopping during Chinese New Year, adding QR code payment to debit cards as originally planned.
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Cigarette tax hike likely pushed to 2021
Business, Wichit Chantanusornsiri, Published on 28/08/2018
» The Finance Ministry has informally delayed doubling the excise tax on cigarettes to 40% for another two years to October 2021, claiming the higher levy will be a heavy blow to state-run Thailand Tobacco Monopoly's (TTM) sales revenue, and impede on its plan to buy tobacco from local farmers.
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E-business tax primed for scrutiny
Business, Wichit Chantanusornsiri, Published on 07/03/2018
» A draft bill on e-business tax, a levy on online purchases, advertisements and website rent in Thailand earned by operators with a presence outside the country, will go before the cabinet this month.
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