State revenues up in first four months of 2025 fiscal year
AI In-Brief
Thailand News in Brief
Thai PBS World
Thailand and the world, every day
AI can make mistakes. Please double-check.
State revenues up in first four months of 2025 fiscal year
10 Sept 16:58Key points summarised by AI
Thailand's state revenues reached over 646.2 billion baht in the first four months of the 2025 fiscal year (Oct 2024-Jan 2025), marking a 3.8% year-on-year increase and exceeding initial estimates.
The Revenue Department directly collected the majority, over 488.1 billion baht, which signifies a 5.6% rise compared to the previous year.
Value-added tax (VAT) significantly boosted revenues, with VAT from domestic purchases increasing by 13% and from imported goods by 7.9% year-on-year.
The department urged domestic income earners to submit their personal income tax forms by March 31, 2025 (in-person) or April 8, 2025 (online).
Thailand's Education Ministry is implementing a four-pronged strategy to address its students' below-average performance in PISA 2025 and tackle significant educational inequality.
The plan prioritizes closing performance gaps by increasing funding for small and low-income schools, overhauling the curriculum to foster critical thinking, and adopting a data-driven management system to reduce teacher workload.
Key initiatives include enhancing school safety, combating cyberbullying, and expanding mental health support through peer-to-peer networks, recognizing the severe impact of distress on academic performance.
An education expert advises verifying if PISA improvements stem from structural changes, advocating for a revived STEM curriculum with practical 'learn by doing' methods, and urging bureaucratic reform to link teacher evaluations to student development.