Govt tax revenue exceeds target
Government revenue from tax collection in April totalled 127.58 billion baht, exceeding the earlier estimate by 10.58 billion baht, or nine percent, Somchai Sajjapongse, director general of the Fiscal Policy Office at the Finance Ministry, said on Friday.
- Published: 17/05/2013 at 12:11 PM
- Newspaper section: breakingnews
He attributed the higher collections from individual and corporate income taxes and excise tax on cars to an increase in household income, business expansion and the government’s first-car scheme.
Mr Somchai said the tax revenue collected over the first seven months of the 2013 fiscal year (Oct 2012-April 2013) stood at 1.1 trillion baht, 104 billion baht higher than the set target.
He was confident the revenue target of 2.1 trillion baht for 2013 fiscal year would be achieved on the back of continuing economic expansion boosted by the government’s stimulus measures.
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