Finance rolls out tax measures to help businesses to keep their employees

Finance rolls out tax measures to help businesses to keep their employees

13 Sept 11:55 Key points summarised by AI

Thailand's Finance Ministry introduces tax relief measures to cushion businesses and employment from the severe economic impacts of COVID-19.
Key initiatives include cutting excise tax on certain products, postponing new excise taxes, extending tax-free storage for export goods, and exempting service operators who retain employees from revenue taxation.

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

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

Today 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.

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