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Search Result for “high excise tax”

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BUSINESS

Institute to provide expertise to farmers

Business, Wichit Chantanusornsiri, Published on 09/06/2022

» The Bank for Agriculture and Agricultural Cooperatives (BAAC) and Thailand Institute of Scientific and Technological Research yesterday signed a memorandum of understanding (MoU) on academic and technology transfer cooperation.

BUSINESS

Airlines told to work for lower tax

Business, Wichit Chantanusornsiri, Published on 21/11/2019

» The Excise Department has proposed local airlines increase the frequency of flights to second-tier provinces to enhance tourism there in return for a reduction in the excise tax on jet fuel, its chief says.

BUSINESS

Tax exemption for alcohol extended to mid-2021

Business, Wichit Chantanusornsiri, Published on 26/12/2020

» The Excise Department has extended an excise tax exemption applied for alcohol used for cleaning to mid-2021 to lower the tax burden for producers.

BUSINESS

Salt tax aims to change behaviour

Business, Wichit Chantanusornsiri, Published on 21/10/2019

» Instant noodles, snacks and seasoning powder have been targeted for taxation on salty foods, with the Excise Department likely to apply World Health Organisation (WHO) guidance on dietary sodium intake capped at 2,000 milligrammes per day as a benchmark to determine the levy rates.

BUSINESS

Excise change not expected to dent sales

Business, Wichit Chantanusornsiri, Published on 17/08/2018

» The Excise Department is confident that 90% of motorcycles sold in the country will see minimal impact from the new excise tax structure, which shifts the calculation basis from engine size to CO2 emissions.

BUSINESS

Tobacco tax gets the chop

Business, Wichit Chantanusornsiri, Published on 17/10/2019

» The Excise Department will cut the tobacco tax to 2.5 satang per gramme from 10 satang for one year, starting Jan 1, 2020, to give farmers time to adjust.

BUSINESS

Tax cuts won't dent revenue

News, Post Reporters, Published on 19/02/2022

» The country is likely to meet its revenue collection target despite the excise tax on diesel being halved for three months, said Finance Minister Arkhom Termpittayapaisith on Friday.

BUSINESS

Tax cut on diesel extended to Jan 20

Online Reporters, Published on 15/11/2022

» The cabinet on Tuesday agreed to a fifth extension of the excise tax cut on standard diesel, until Jan 20, due to high oil prices.

BUSINESS

Tax cut on diesel extended

Online Reporters, Published on 12/07/2022

» The cabinet on Tuesday extended the five baht a litre reduction in excise tax on diesel for another two months to help curb the local pump price amid high global prices.

BUSINESS

Diesel price to fall below B30 on Wednesday

Yuthana Praiwan, Published on 19/09/2023

» The domestic diesel price will be reduced by two baht a litre to 29.94 baht on Wednesday morning, the oil retailers PTT and Bangchak announced on Tuesday night.