Government

Finance Minister Uttama Savanayana confirmed on Tuesday (September 10) that the Cabinet has agreed to maintain value added tax (VAT) at 7 per cent for another year and has vowed to keep a close eye on the economy.Keep reading ...

The Revenue Department estimates that value-added tax (VAT) collection will fall short of the target for this fiscal year because of waning domestic consumption and the stronger baht, and the shortfall could extend to next year if the situation remains unchanged.Keep reading ...

Thailand has held an International Anti-Corruption Day event earlier last week, encouraging all people in Thailand to fight against corruption. The opening ceremony  was presided over by by Privy Councillor Gen Paiboon Khumchaya.He told event attendees that the Prime Minister is serious about the suppression ...

Thailand and Myanmar on Tuesday agreed to strengthen bilateral cooperation on transnational issues, including drug smuggling, the repatriation of Myanmar refugees, and illegal, unreported and unregulated fishing (IUU).The issues were discussed at the 7th Thai-Myanmar High Level Committee (HLC) meeting, which was held in Bangkok ...

The Revenue Department and the Comptroller-General’s Department are set to launch a pilot project using blockchain technology in the next few weeks, aiming at streamlining work processes.The innovative technology will also help provide information associated with value-added tax and inspecting VAT refunds to reduce fraud, ...

Qualification criteria for a new round of registration for state welfare recipients will be tweaked after additional allowances for smartcard holders under the economic stimulus package are revealed.Keep reading ...

The Finance Ministry expects to introduce a value-added-tax on electronic businesses next year, aiming to collect between 3 billion to 4 billion baht a year, a ministry official said on Monday, tapping a boom in e-commerce in the country.Keep reading ...

Confusion appears to reign supreme over the budget for the universal healthcare or 30-baht card scheme. Activists have complained that the Prayut Chan-o-cha government, which is about to go on a heavy spending spree on populist policies, is excluding sick people who depend on the ...

Public investment budget disbursement has surpassed the target by three percentage points for the 10 months through July, according to the Comptroller-General’s Department.From October 2018 to July this year, state agencies have taken out 442 billion baht of the 553 billion in the investment budget ...

The Government Spokesperson has reiterated the state welfare card program contributes to the stabilization of the Thai economy, directly helps members of the public, and stimulates public spending.Keep watching ...