Showing 1 - 10 of 38
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.
Exploring the effort to axe duty-free stores
Business, Wichit Chantanusornsiri, Published on 21/12/2023
» Thailand is a well-known tropical destination with cheaper prices for accommodation, meals, transport and activities than in most Western countries.
Justifying the digital wallet scheme
Business, Wichit Chantanusornsiri, Published on 16/11/2023
» The 10,000-baht digital wallet scheme is considered the flagship policy of the Pheu Thai-led coalition given its prominence in the election campaign.
VAT refunds surge after reopening
Business, Wichit Chantanusornsiri, Published on 31/05/2023
» Tourist tax refunds have skyrocketed since Thailand fully reopened in June last year, according to Revenue Department director-general Lavaron Sangsnit.
Arkhom asks state banks to continue aid
Business, Wichit Chantanusornsiri, Published on 04/01/2022
» The Finance Ministry has instructed state financial institutions to continue providing financial assistance to customers, including those classified as non-performing loan (NPLs), until the economy has fully recovered.
BAAC to back farming-related startups
Business, Wichit Chantanusornsiri, Published on 22/10/2021
» Bank for Agriculture and Agricultural Cooperatives (BAAC) will invest in promising startups in the farming sector, especially those which have boosted farmers' income, said the bank's executive vice-president Narong Khuntiviriyakul.
Finance Ministry scrutinising handout
Business, Wichit Chantanusornsiri, Published on 02/10/2020
» A measure aimed at stimulating consumption through a tax rebate for the upper-income segment will have to be scrutinised as to whether it will motivate these consumers to spend more, says a senior finance official.
Treasury Department reclaiming unused land
Business, Wichit Chantanusornsiri, Published on 21/07/2020
» The Treasury Department plans to pull some unused state lands managed by government agencies into its own oversight to increase their value.
Tax-collecting agencies unlikely to meet targets
Business, Wichit Chantanusornsiri, Published on 20/04/2020
» The revenue target for the three tax-collecting agencies this fiscal year is unlikely to be met after the Covid-19 outbreak disrupted business activities.
FPO: Prime city plot iffy for farm tax rate
Business, Wichit Chantanusornsiri, Published on 22/02/2020
» An empty plot of prime Bangkok real estate on Ratchadaphisek Road, recently turned into a lime farm to avoid the highest land and buildings tax bracket, is likely subject to the tax rate for vacant land, says the chief of the Fiscal Policy Office (FPO).