BANGKOK, July 17- The Treasury prepares to propose a plan to revive the economy. Going forward with 20 tax reforms, canceling the payment of premiums for the elderly, high-income earners
Mr. Krisada Chinawichan, Permanent Secretary of the Ministry of Finance, revealed that the Ministry of Finance Prepare more than 20 tax reform plans of the Fiscal Policy Office (FPO) to propose to the new government for consideration. Initially, some measures may be divided over time to be implemented in 2-5 years, such as the use of tax deduction measures from the purchase of funds. To help support investment in the capital market for many years. to see if it helps someone with too much money May need to review how to apply multiple deductions. May set a ceiling for the maximum deduction amount, allowing taxpayers to choose the items they want to deduct themselves, etc. As for collecting tax on the sale of shares As for whether to propose collecting capital gain tax or not, it depends on the consideration of the new government.
Ministry of Finance also offers plans for high-income seniors Cancel the old age allowance of 600-700 baht in order to use the money to develop other countries. In the diesel price care section The government has implemented a mechanism through the Oil Fund. To see the burden of expensive oil costs, I repeat that government officials and subordinate agencies The Ministry of Finance has been prepared regardless of the political situation. There will be absolutely no neutral gear. ready to go both increasing income and reducing expenses measures to stimulate the economy during the time when there was no real government to manage the country by preparing Bring plans to present to the new government, including measures to stimulate the economy tax reform plan ways to increase income Plans to support the economy in each period to present and discuss with the new government for consideration
Ministry of Finance It is forecasted that throughout the year, the Thai economy grew by 3.6 percent, with the Thai economic situation in the first 5 months continuing to recover. The main supporting factor is the tourism sector. and falling inflation The reserves are stable and the public debt is in the frame. Exports continued to contract by -5.1 percent. Public debt was 61.6 percent per GDP, still in line with fiscal discipline. and international reserves amounting to 220,800 million US dollars. In the first 6 months, 12.9 million foreign tourists arrived in the country with an inflation rate of 2.5 percent.-Thai News Agency
Source: Thai News Agency