Revenue Department banking on trio of sectors

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Energy businesses, financial institutions and tourism will remain the main revenue generators for the Revenue Department, capable of contributing significantly to tax revenues this year, says the department's chief.

Regarding the tax base expansion, Ms Kulaya said the Revenue Department has sent letters to 100,000 individuals with income who are not yet in the tax system, urging them to enter the proper tax system.

These measures, along with preferential interest rates on housing loans from the Government Housing Bank, have already injected 65 billion baht into the economy.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Year Trillion Kulaya Billion Target Fiscal Government Department Revenue Baht Expects

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-15 @ 05:44:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 454 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 21617285

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