Showing 1 - 10 of 12
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.
Price limit change to aid would-be buyers
Business, Wichit Chantanusornsiri, Published on 02/04/2024
» The Finance Ministry looks set to propose an increase in the limit on home prices eligible for a reduction in the transfer fee and mortgage registration fee to 5 million baht, from the current level of less than 3 million baht, in an effort to stimulate the real estate sector.
Ministry mulls raising price limit for housing
Business, Wichit Chantanusornsiri, Published on 29/03/2024
» The Finance Ministry may consider raising the price limit for housing units eligible for government support, aiming to stimulate growth in the real estate sector.
Ministries vow to ease land & building tax
Business, Wichit Chantanusornsiri, Published on 07/03/2024
» The Finance Ministry and Interior Ministry have pledged to improve the land and building tax to prevent a negative impact on the public amid several economic challenges.
Finance Ministry urges aid for ailing property sector
Business, Wichit Chantanusornsiri, Published on 09/02/2024
» The Finance Ministry recommends the government implement measures to improve the property sector and stimulate the economy, says Deputy Minister of Finance Krisada Chinavicharana.
Reduced property fees extended
Business, Wichit Chantanusornsiri, Published on 27/12/2023
» The cabinet approved extending the reduced ownership transfer and mortgage fees for another year, which is expected to increase GDP by an additional 0.5%, says Pornchai Thiraveja, director-general of the Fiscal Policy Office.
Talks aim to revise land, building tax
Business, Wichit Chantanusornsiri, Published on 31/10/2023
» The Fiscal Policy Office is in talks with the Bangkok Metropolitan Administration (BMA) to seek a conclusion to the latter's request for the Finance Ministry to revise the land and building tax law, says Deputy Finance Minister Krisada Chinavicharana.
GH Bank new mortgages dip in Q1
Business, Wichit Chantanusornsiri, Published on 21/04/2023
» New mortgage lending for Government Housing (GH) Bank during the first quarter this year dropped 11% year-on-year, attributed to higher lending in the same period last year, according to acting president Krit Sesavej.
GH Bank vows steady interest rates
Business, Wichit Chantanusornsiri, Published on 17/03/2023
» Government Housing (GH) Bank plans to keep its mortgage interest rates steady until the middle of this year after a rate hike earlier this year, says president Chatchai Sirilai.
New tax reduction for land and buildings comes into effect
Business, Wichit Chantanusornsiri, Published on 21/03/2023
» A 15% reduction in the land and building tax has taken effect, says Fiscal Policy Office (FPO) director-general Pornchai Thiraveja.