Thai cabinet keeps VAT rate at 7% for another year

Thai cabinet keeps VAT rate at 7% for another year

14 Sept 02:05 Key points summarised by AI

The Thai cabinet approved extending the 7% Value-Added Tax (VAT) rate for all trade transactions, services, and imports until the end of September next year.
This decision aims to ease the financial burden on citizens and enhance private sector confidence, supporting economic recovery from the COVID-19 pandemic.

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.

Read full article

Economy 1/3

Skip > Skip >