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The Latest Breaking News from Lavaron Sangsnit

Government might not meet revenue target

Tax collection healthy through April but full impact of Mideast crisis now setting in

Bangkok Post

Co-pay scheme kicks off

More than 39.2 million people will receive 1,000 baht in government support from today as the Thais Help Thais Plus co-payment scheme officially begins, says the Finance Ministry.

Bangkok Post

Transition funds nudge motorists towards EVs

Part of the government's spending plan for the transition to clean energy involves encouraging the public to switch to electric vehicles (EVs) on a wider scale, says finance permanent secretary Lavaron Sangsnit.

Bangkok Post

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Monthly borrowing for stimulus

The Finance Ministry is preparing to gradually borrow funds for the "Thais Help Thais Plus" programme, says finance permanent secretary Lavaron Sangsnit.

Bangkok Post

New subsidy sparks surge in sign-ups

The government hailed the overwhelming first-day response to its new 'Thais Help Thais Plus' co-payment subsidy scheme, with more than 23 million people registering within hours.

Bangkok Post

Revenue to unveil chatbot

The Revenue Department is preparing to introduce a chatbot to offer answers to taxpayers online as a new channel for virtual tax consultation, says director-general Lavaron Sangsnit.

Bangkok Post

Businesses urged to use digital tax system

The Revenue Department is encouraging entrepreneurs to use the digital tax system, which will make value-added tax (VAT) refunds five times faster than they currently are, says the director-general Lavaron Sangsnit.

Bangkok Post

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Data exchange to fight tax evasion

Starting this month, the exchange of financial information should help combat transnational tax evasion, says director-general of the Revenue Department Lavaron Sangsnit.

Bangkok Post

VAT refunds surge after reopening

Tourist tax refunds have skyrocketed since Thailand fully reopened in June last year, according to Revenue Department director-general Lavaron Sangsnit.

Bangkok Post

E-donations to be given tax cut priority

Donations to education, sports and social development will only gain a double tax deduction if they are made via an electronic channel, said Vinit Visessuvanapoom, deputy director-general of the Revenue Department.

Bangkok Post

Revenue to launch AI to scrutinise taxes

The Revenue Department is using artificial intelligence (AI) to examine tax payments, enabling deeper scrutiny and preventing tax evasion, says director-general Lavaron Sangsnit.

Bangkok Post

Banking transparency law set for 2024

A law governing the exchange of information about people's deposit accounts among signatory countries is expected to come into force next year, says Revenue Department director-general Lavaron Sangsnit.

Bangkok Post

Agency keen to alter scrap iron VAT law

The Revenue Department plans to propose to the finance minister revising the value-added tax (VAT) payment law for businesses buying scrap iron for recycling as some firms are issuing fake VAT invoices, says director-general Lavaron Sangsnit.

Bangkok Post

Department to scrutinise tax filings

The Revenue Department plans to step up its examination of suspicious personal income tax returns, says director-general Lavaron Sangsnit.

Bangkok Post

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Bangkok Post

Department upbeat on revenue goal

The Revenue Department expects to meet its revenue collection target for fiscal 2023 because of the economic recovery, says director-general Lavaron Sangsnit.

Bangkok Post

Token market classification planned

The Revenue Department plans to issue rules soon that classify types of digital tokens as part of its move to support token market development, says director-general Lavaron Sangsnit.

Bangkok Post

Revenue office upbeat on fiscal 2023 target

The Revenue Department expects to meet its target for revenue collection of 2.2 trillion baht in fiscal 2023, according to director-general Lavaron Sangsnit.

Bangkok Post

Arkhom defends imposition of tax on SET share sales

The end of the waiver of the financial transaction tax will not affect stock trading, but should ensure fairness in the tax system, according to Finance Minister Arkhom Termpittayapaisith.

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Bangkok Post

Revenue chief calls for tax measure rejig

Some long-standing tax deduction and tax benefit measures should be reviewed, says Revenue Department director-general Lavaron Sangsnit.

Bangkok Post

Digital lottery vendors given option to sell below 80 baht

The Government Lottery Office (GLO) has given sellers of digital tickets the option of reducing the price below 80 baht for the Sept 1 draw.

Bangkok Post

Number of digital lottery tickets to pass 10m for next draw

The Government Lottery Office (GLO) will raise the number of lottery tickets available online from 9.1 million this month to 10.1-10.5 million for the next draw on Sept 1.

Bangkok Post

Deco backs promotion of BEVs

Deco Green Energy Co, a Thai electric motorcycle manufacturer and distributor, signed an agreement yesterday with the Excise Department to promote battery electric vehicles (BEVs) under the government's subsidy and tax incentive measures.

Bangkok Post

Panel to mull perks for EV batteries

The National Electric Vehicle Policy Committee will consider promotion measures for the production of electric vehicle (EV) batteries in Thailand, says Excise Department director-general Lavaron Sangsnit.

Bangkok Post

Price of BEVs entitled to perks to be slashed

The price of battery electric vehicles (BEVs) entitled to the state's subsidy and tax incentives will be reduced by at least 150,000-200,000 baht per car, said the Excise Department's director-general Lavaron Sangsnit.

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