Thai Government’s financial support under stimulus schemes are tax free

Thai Government’s financial support under stimulus schemes are tax free

13 Sept 11:30 Key points summarised by AI

The Thai cabinet approved tax exemption for all financial support received by individuals and corporate entities under 12 government stimulus schemes.
These tax-free schemes, including co-payment subsidies, hotel discounts, and COVID-19 relief, aim to alleviate economic hardship, despite an estimated 31.9 billion baht in tax revenue losses.

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.

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