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Govt revenue up 5 per cent in the first two months of fiscal year 2020


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Posted

Govt revenue up 5 per cent in the first two months of fiscal year 2020

By THE NATION

 

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Lavaron Sangsnit, director-general of the Fiscal Policy Office

 

The government’s net revenue in the first two months of the current fiscal year -- October to November -- rose 4.7 per cent year on year to Bt413.6 billion, Lavaron Sangsnit, director-general of the Fiscal Policy Office, said on Wednesday. The revenue was 1.6 per cent higher than the target, he said.

 

The Excise Department collected Bt107.4 billion, jumping 36.8 per cent. But the Revenue Department saw its tax collection down by 8.1 per cent to Bt252.4 billion compared to the corresponding period last year. Customs Department revenue fell by 12.1 per cent to Bt17.4 billion. However, remittances from state-owned enterprises totalled Bt67.9 billion, up 12.4 per cent. Government budget disbursement in the two months was Bt 549.5 billion.

 

Treasury reserves stood at Bt340.8 billion.

 

Source: https://www.nationthailand.com/business/30379833

 

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-- © Copyright The Nation Thailand 2019-12-26
  • Haha 1
Posted
6 hours ago, PatOngo said:

The fiscal year begins in October?

Has done for many years even though the dates for tax purposes is Jan-December.

Posted
6 hours ago, topt said:
12 hours ago, PatOngo said:

The fiscal year begins in October?

Has done for many years even though the dates for tax purposes is Jan-December.

What's the reason behind the fiscal year starting in October?

Posted
20 minutes ago, fruitman said:

That's great! So now they have enough money to buy a real policeforce and make the Thai roads/waters safe.

Ha ha - very good! You're trying to get in with an end of year joke there!

Posted

We need more tanks,maybe another Sub,f*uck the hospitals,education, they have enough,

they might get too smart then where would we be.

regards Worgeordie

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