Government
Foreign e-service firms liable for VAT
Starting on Sept 1, overseas businesses providing online services in Thailand will be required to register for the 7% value-added tax (VAT) liability if their annual income exceeds 1.8 million baht, according to a Revenue Department official.The e-service tax has been approved by parliament and ...
Wichit Chantanusornsiri
Lunch budget to be increased to Bt21 per student per day
A Cabinet meeting on Tuesday approved a motion proposed by the Education Ministry to increase the lunch budget for students by 5 per cent, or to Bt21 per person per day, government spokesman Anucha Burapachaisri said.“The ministry reported that the lunch budget would cover students ...
The Nation Reporter
Pandemic pauses plans for higher revenue collection
Finance Minister Arkhom Termpittayapaisith has expressed concerns over how a continuous drop in tax revenue collection will affect fiscal policy conduct in the long run.As the government aims to implement a long-term fiscal expansionary policy framework, the lower revenue collection as a percentage of GDP ...
Wichit Chantanusornsiri
Public Debt Will Not Exceed 60% by 2025
Thailand’s public debt will not exceed the 60% ceiling rate by 2025 if there is no more borrowing for COVID-19 management.Finance Minister Arkhom Termpittayapaisith said the government expects to manage the fresh outbreak and there is sufficient capital in government coffers to cushion the impact.He ...
NNT Reporter
Elderly citizens who got cash handouts 'won't have to refund social welfare'
The Comptroller-General’s Department and local organisations cannot reclaim social welfare provided to the elderly, a legal expert said on Saturday. Earlier, several elderly people across the country were worried after the department instructed local organisations to reclaim their social welfare. Some of the elderly faced ...
The Nation Reporter
Cabinet approves 191 million for crowd control
Matichon Online reported on 26 January that the Cabinet approved 191 million baht for Royal Thai Police crowd control operations, information that was not revealed in the Cabinet minutes. The police chief said in a press conference that it was the cost of crowd control ...
Cabinet set to consider tax assistance steps
State aid measures for struggling taxpayers, including deadline extensions for filing income taxes, a 90% reduction in land and building taxes and a reduced 0.01% fee for property transfers and mortgages, are scheduled to go before the cabinet next week.Prime Minister Prayut Chan-o-cha made an ...
Bangkok Post Reporter
Protesters demand military, monarchy budget cuts to fund Covid remedial measures
Pro-democracy protesters gathered outside the Commerce Ministry on Friday to demand that the government cut spending on the military and monarchy in order to help Thais suffering amid the second wave of Covid-19.Ratsadon protesters led by Panupong Jadnok attempted to deliver a petition of their ...
The Nation Reporter
Cambodia, Thailand to boost cooperation in new key areas
Cambodia and Thailand are committed to enhancing their cooperation in three existing development areas and agreed to add five more areas for the next three-year collaboration, according to the Council for the Development of Cambodia (CDC).The commitment was expressed during the 15th Consultation on Technical ...
Govt 'gifts' need work
It has become tradition that the government gives New Year’s gifts to the public during the festive season. Gen Prayut Chan-o-cha in the hope of brightening up the public mood has instructed all ministries to come up with presents. Some are tangible items, from state ...
