Government program aims to strengthen the market.
According to the Finance Ministry, the government approved a taxes refund program for shopping on Monday in an effort to encourage private spending in the first coming year and encourage more widespread use of digital invoices.
According to Pornchai Thiraveja, the agency’s official and head of the Fiscal Policy Office, between January 1 and February 15 of next year, people may be eligible for a tax exemption of up to 50,000 baht for purchases made from companies supported by the e-tax system.
Purchases of alcoholic beverages, tobacco, cars, motorcycles, boats, aircraft gas, public utilities, faucet water, electricity, phone, digital services, long-term service fees, and non-life insurance are not included in the tax breaks, he said.
According to Mr. Pornchai, the tax refund program aims to strengthen the country’s economy and encourage business owners to adopt the e-tax and tax systems. Operators may also learn how to apply for digital invoices and receipts by visiting the Revenue Department site.
The tax compensation program is a component of the government’s financial signal initiatives, which Prime Minister Srettha Thavisin unveiled earlier this month. It would be introduced for those who do not meet the requirements for the electric pocket scheme and was then known as an e-refund.
Mr. Srettha claimed that following the cabinet meeting in the state of Nong Bua Lamphu, the state gathered first-hand data to develop policies that successfully addressed people’s needs. He pointed out that issues like territory issues, tourism promotion, and illegal drugs were among those that were brought to light.
According to the prime minister, he gave the Tourism Ministry and Thailand’s Tourism Authority instructions to investigate the potential for tourism development in Nong Bua Lam Phu and four different regions.
Mr. Srettha praised Otop products for being on display for the government ministers, stating that they were excellent and needed to be promoted more for wider supply.
He claimed that the transfer minister had proposed turning Bang Sue Central Station into a shopping mall that would aid in the distribution of these Otop goods. Regarding online distribution, he claimed to have instructed the Commerce Ministry and the Digital Economy and Society ( DES ) Ministry to create a platform for distribution channels.
He stated that the government intends to build 92 weirs in Nong Bua Lam Phu to handle storm and drought while addressing the impoverished issues through its policy of converting Sor Por Kor property documents into land title deeds.
Connectivity is another urgent problem that needs to be resolved, he said.
The state’s growth and development are being hampered, Mr. Srettha continued, by the lack of a thorough transport network.
The state was chosen by the prime minister for the first mobile case meeting, according to government spokesman Chai Wacharonke, due to its low income per head and lower tourism revenue.
With just 110, 000 ray of the 1.9 million acres of farmland covered by the water system, this northeastern state has also experienced a severe drought. It is estimated that a plan to upgrade the water system will cost one billion baht.
According to Mr. Chai, the government intends to increase the province’s GDP through the development of tourism and agriculture. The county has a number of organic tourist attractions and regional goods that the government wants to support in order to increase income.
On December 15, he stated, the Ministry of Agriculture would release the government’s proposal to permit farmers to change their Sola Por Kor 4–01 documents into area title deeds in the Royal Gazette.