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The Latest Breaking News from The Finance Ministry

Welfare card deadline nears for those missing from databases

The Finance Ministry has urged low-income people who are missing from state welfare databases to register through local administrative authorities before the June 21 deadline.

Bangkok Post

Dwarikesh Sugar, Dhampur Sugar and other sugar stocks gain up to 4% after excise duty cut on ethanol-blended petrol

Sugar stocks rose sharply on Thursday after the Finance Ministry exempted several ethanol-blended petrol variants from excise duty, strengthening the outlook for India's ethanol blending programme. Investors cheered the move as it is expected to boost ethanol demand, improve earnings visibility for sugar companies, and support long-term sector growth.

The Economic Times

Commerce ministry raises anti-dumping duty rejection issue at 'highest level'

The Commerce Ministry is escalating concerns about the Finance Ministry's increasing rejection of anti-dumping duty recommendations. This trend impacts domestic industries, reducing capacity and investment. The Directorate General of Trade Remedies' proposals are vital for fair trade. Non-implementation leads to significant economic losses and reduced foreign exchange earnings.

The Economic Times

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Ministry to review welfare card rules

The Finance Ministry will review the eligibility criteria for the state welfare card scheme following concerns that some elderly parents have been unfairly disqualified after their children claimed tax deductions on their behalf, despite not providing any financial support.

Bangkok Post

Assam Chief Minister Himanta Biswa Sarma allocates portfolios to 12 newly inducted ministers

Assam Chief Minister Himanta Biswa Sarma has allocated portfolios to twelve new ministers. The chief minister kept key departments like Home and Political. Senior ministers Ranoj Pegu and Ashok Singhal retained their previous portfolios. Jayanta Malla Baruah has been given the Finance Ministry. The expansion brings the cabinet strength to…

The Economic Times

8.8 million register for welfare

More than 8.86 million State Welfare Card holders have completed registration to confirm their eligibility for the 2026 State Welfare Registration Programme, with over 8.45 million of them verified, the Finance Ministry said on Saturday.

Bangkok Post

Thailand inches towards negative income tax

The Finance Ministry is preparing a comprehensive overhaul of the government's welfare system, laying the groundwork to implement a negative income tax (NIT) system in Thailand.

Bangkok Post

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Welfare rules spark backlash

A wave of public criticism has erupted over the government's revised eligibility criteria for the state welfare card programme, under which parents may lose their entitlement to benefits if their children claim tax deductions for parental support.

Bangkok Post

Government tightens welfare criteria

The Finance Ministry has revised the eligibility criteria for the state welfare card programme, a move expected to reduce the number of beneficiaries from 13.2 million people.

Bangkok Post

Thais Help Thais Plus spending tops B2bn on first day

More than 8.7 million people nationwide benefitted from using the Thai Chuay Thai Plus (Thais Help Thais) co-payment app on Monday, the scheme's first day, generating over 2 billion baht in economic activity, according to the Finance Ministry.

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

Economy: why Poland is booming while eastern Germany falls behind

Eastern Germany risks falling behind, economists warn, while neighbours such as Poland are booming. What sets them apart, and what does the East need to turn things around?

Euronews

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

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

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Bangkok Post

Retirement savings plan tipped for 2027

The Finance Ministry expects the new tax-deductible retirement savings scheme, known as the Thailand Individual Savings Account (TISA), to become available in the next tax year, according to the Fiscal Policy Office (FPO) chief.

International Business Times UK

Tragedy in India: Finance Ministry Officer Navjot Singh Killed, Wife Injured in BMW Crash

Finance Ministry officer Navjot Singh killed in BMW crash in India; wife injured. BMW driver booked for homicide as investigation unfolds amid growing public concern.

The Independent UK

Thailand's ex-Prime Minister Yingluck ordered to pay for losses from a rice subsidy program

A Thai court has ordered exiled former Prime Minister Yingluck Shinawatra to pay more than $304 million to compensate for losses incurred by a money-losing rice farming subsidy program that her government had implemented more than a decade ago

Dynamite News

Over 14 kg gold seized from Kannada actress at Bengaluru airport; Details...

The Finance Ministry said lady passenger has been arrested and remanded to judicial custody. A must must read on Dynamite News:

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Newslaundry

Manmohan Singh: Architect of key reforms, last PM to take a press conference

Towards the fag end of his second and final term as Prime Minister, Manmohan Singh had said that he did not believe that he was a weak PM, and that “history will be kinder to me than the contemporary media or for that matter the opposition in Parliament”.

Radio France Internationale

France asks EU for extra time before submitting crucial budget deficit plan

France has asked the European Commission to extend beyond a 20 September deadline for submitting a plan to reduce its public deficit to align with Paris' 2025 draft budget.

Fortune

Nicolai Tangen runs Norway's $1.7 trillion investment fund. Can he use that leverage to change business's bad habits?

Under Tangen, the giant asset manager NBIM is increasingly backing shareholder activists on climate action and corporate governance.

Bangkok Post

VAT on postal imports sent starts in May

The Customs Department will start collecting of value-added tax (VAT) for imported goods sent through postal services, regardless of the value of the goods, starting in May.

The Hindu

33 loss-making firms donated electoral bonds worth ₹582 crore, 75% went to BJP | Data

At least 45 companies that donated electoral bonds to the BJP have suspect funding sources. Thirty-three companies which had negative or near zero profit after tax donated to the ruling party

The Hindu

India's outlook for next fiscal positive: Finance Ministry

The Finance Ministry's Monthly Economic Review said with an uptick in private investment and inflation trending down, India’s outlook for the next fiscal looks positive

The Hindu

SBI’s arguments for extension of time to provide details on electoral bonds are flawed: Congress

Congress criticizes SBI for delaying disclosure of electoral bond details, accusing PM Modi of hiding corporate donors.

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