First-time buyer scheme nears 1.3 million applications | Bangkok Post: business

Business >

First-time buyer scheme nears 1.3 million applications

- +

The first-time car buyer scheme may reach 1.3 million units and nearly 100 billion baht in tax rebates, says the Excise Department. 

A senior Finance Ministry official said applications had reached 1,194,000 as of yesterday, with tax rebates totalling 86.8 billion baht.

If the scheme breaks through 1.3 million, then tax rebates will increase to 91 billion baht on the assumption the scheme costs 70,000 baht per vehicle.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

0 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments