Get all your news in one place.
100's of premium titles.
One app.
Start reading
Bangkok Post
Bangkok Post
National

Tax cuts won't dent revenue

Arkhom: Targets likely to be met

The country is likely to meet its revenue collection target despite the excise tax on diesel being halved for three months, said Finance Minister Arkhom Termpittayapaisith on Friday.

The cut from six to three baht per litre is to help ease the impact of high energy prices on the cost of transport and consumer goods, but with diesel excise tax being one of the main contributors to state coffers there are concerns about the impact on the country's revenue.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.