Thai Revenue Department says no withholding tax on trade in cryptocurrencies

Thai Revenue Department says no withholding tax on trade in cryptocurrencies

24 Sept 06:16 Key points summarised by AI

The Thai Revenue Department will abolish the proposed 15% withholding tax on digital asset trades.
Cryptocurrency exchange operators can now deduct losses from income earned in the same year, a move designed to prevent tax law from hindering the development of Thailand's rapidly growing crypto business.

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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