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Bangkok Post
Bangkok Post
Business

FTI wants diesel tax cut extended

Motorists queue up at a petrol station in Bangkok to refuel as fuel prices rise. (Photo: Varuth Hirunyatheb)

The Federation of Thai Industries (FTI) is calling on the government to extend the diesel excise tax reduction for another three months to slow soaring energy prices and give businesses and households more time to adjust to higher manufacturing and living costs.

The government previously agreed to halve the tax usually levied at 5.99 baht a litre for a period of three months to cap diesel prices at below 30 baht a litre.

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