Support provided under populist government schemes are tax exempt

13 Sept 21:26 Key points summarised by AI

Government cash subsidies from populist policies, aimed at boosting consumer purchasing power and economic recovery, are exempt from personal income tax.
Special allowances for medical personnel and officials involved in COVID-19 monitoring, treatment, and vaccination efforts are also granted tax exemption.
The tax exemption covers various schemes, including co-payment programs, travel subsidies, state welfare card benefits, and oil subsidies for motorcycle taxis.
This income tax exemption is expected to result in a tax collection shortfall of approximately 7.93 billion baht.

European protests could raise costs for Thai exporters

Yesterday 17:46 Key points summarised by AI

The Commerce Ministry warns that ongoing protests across six European countries, driven by cost-of-living concerns, could weaken consumer purchasing power, disrupt logistics, and elevate costs for Thai exporters.
Thai exporters are advised to closely monitor developments, explore alternative markets (ASEAN, South Asia, Middle East), and adjust shipping routes to reduce dependence on Europe and mitigate potential risks.