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Bangkok Post
Bangkok Post
Business

Ministry mulls 5 baht diesel tax cut

Finance Ministry Inflation Krisada Chinavicharana excise department
Motorists queue to refuel at a PTT petrol station. The reduction of the diesel excise tax by 1 baht per litre is estimated to cost the state coffers around 1.9 billion baht per month. (Photo: Wichan Charoenkiatpakul)

The Finance Ministry is considering a proposal from government officials to cut the diesel excise tax by 5 baht per litre when the current tax cut expires on May 20.

The goal is to tame rising inflation, said a ministry source who requested anonymity.

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