• Thu. Jul 3rd, 2025

Bangkok One News : Breaking News from Bangkok to the World

Breaking News from Bangkok to the World

Thai government income collection in the first half of fiscal 2023 (October to March) exceeded the goal by 8.9%.

Apr 27, 2023

According to FPO director-general Pornchai Thiraveja, income collection in the first half of the year totaled 1.163 trillion baht, a 6.9% increase over the same period the previous year.

The following government organizations exceeded their revenue goals this year:

– The Revenue Department, which achieved 915.222 billion, 7.3% more than anticipated thanks to stronger corporate tax receipts as a result of the strengthening economy.

– Other organizations that have received funding from their revolving funds, concession fees from mobile phone providers, and FM radio frequency license auctions.

– A few state-owned businesses also submitted their earnings for the fiscal year 2022, boosting this group’s revenues.

– The Customs Department had 67.322 billion, which was 27.7% more than expected, after receiving excise duties as a result of decisions in cases involving smuggling.

The FPO reported that the duty Department had received 237.64 billion baht in revenue, 15.5% less than the objective, which was attributed to the government’s decision to lower the duty on diesel.