Showing 1-10 of 112 results
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Excise Department mulls carbon tax
Business, Wichit Chantanusornsiri, Published on 06/09/2023
» The Excise Department is exploring the idea of a carbon tax for the energy and transport sectors to reduce carbon emissions, says director-general Ekniti Nitithanprapas.
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Department promotes promising stars in lacklustre year
Business, Wichit Chantanusornsiri, Published on 18/04/2024
» The Revenue Department says there are significant challenges this year achieving tax collection targets because of the slowdown in economic activities, although it has identified five sectors that show promise.
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Preparing for the golden years
Business, Wichit Chantanusornsiri, Published on 13/04/2024
» The government’s ability to successfully push through the draft National Elderly and Basic Pension Act to garner a first reading — the first stage of a bill’s passage — or acceptance of the principle of the bill from the House of Representatives is considered a crucial cornerstone for building a support system for Thailand’s elderly population.
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VAT reverse charge scheme in the pipeline
Business, Wichit Chantanusornsiri, Published on 18/07/2023
» The Revenue Department is planning to launch a value-added tax (VAT) reverse charge scheme in the scrap metal industry to reduce the risk of refund fraud by January 2024, says director-general Lavaron Sangsnit.
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New measures to help SMEs in state auctions
Business, Wichit Chantanusornsiri, Published on 14/07/2023
» The Comptroller-General’s Department has issued measures to help small and medium-sized enterprises (SMEs) gain access to government auctions, aiming to deter large firms disguised as SMEs from participating in them, says comptroller-general Kulaya Tantitemit.
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Businesses urged to use digital tax system
Business, Wichit Chantanusornsiri, Published on 04/07/2023
» The Revenue Department is encouraging entrepreneurs to use the digital tax system, which will make value-added tax (VAT) refunds five times faster than they currently are, says the director-general Lavaron Sangsnit.
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Data exchange to fight tax evasion
Business, Wichit Chantanusornsiri, Published on 06/06/2023
» Starting this month, the exchange of financial information should help combat transnational tax evasion, says director-general of the Revenue Department Lavaron Sangsnit.
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Infrastructure outlays to underpin growth
Business, Wichit Chantanusornsiri, Published on 16/01/2023
» The government aims to accelerate state investment this year to provide a tailwind to propel economic growth momentum.
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State revenue exceeds goal by B130bn
Business, Wichit Chantanusornsiri, Published on 08/11/2022
» The government's net revenue in fiscal 2022 hit 2.53 trillion baht, exceeding its target by 130 billion baht, or 5.4%, said Fiscal Policy Office (FPO) director-general Pornchai Thiraveja.
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Revenue chief calls for tax measure rejig
Business, Wichit Chantanusornsiri, Published on 17/10/2022
» Some long-standing tax deduction and tax benefit measures should be reviewed, says Revenue Department director-general Lavaron Sangsnit.
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