Cabinet approves Super Savings Fund to encourage Thais to save

Cabinet approves Super Savings Fund to encourage Thais to save

13 Sept 23:35 Key points summarised by AI

The Thai Cabinet approved the Super Savings Fund (SSF) to replace the Long-term Equity Fund (LTF), offering a 30% tax deduction (up to 200,000 baht) to encourage long-term personal savings.
Investors must hold SSF units for at least 10 years to qualify for tax-exempt sales revenue, with total annual tax deductions across all eligible funds capped at 500,000 baht.

New home loan scheme aims to boost property sector with Bt125 billion

New home loan scheme aims to boost property sector with Bt125 billion

Yesterday 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.

Read full article

Economy 1/3

Skip > Skip >