RISE IN NET REVENUE
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Net revenue collection of the government in the first half of fiscal year 2018 (October 2017 – March 2018) reached Bt1.07 trillion, Bt38.06 billion or 3.7 per cent above target and 2.5 per cent higher than the same period last year, said Kulaya Tantitemit, Inspector General of the Ministry of Finance and the ministry’s spokesman. yesterday.
The increase was mainly attributed to the collections from other agencies and remittances from state-owned enterprises, exceeding the targets by Bt16.67 billion and Bt10.16 billion, or 18.5 per cent and 17.5 per cent, respectively.
Moreover, the collections of corporate income tax, petroleum tax, and automobile tax were significantly above the targets, to the tune of Bt6.05 billion, Bt5.94 billion and Bt4.89 billion or 3.5 per cent, 283.2 per cent, and 9.4 per cent, respectively.
