Kittirat to ask govt to increase personal tax deduction to Bt120,000
TUESDAY, NOVEMBER 05, 2013
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Finance Minister Kittirat Na Ranong will ask the Cabinet to approve an executive decree restructuring the personal income tax structure so that the doubling of the personal deduction to Bt120,000 can be effective for this year.
“If we wait and propose an act, that will not be effective for this year’s tax returns, which will be filed by March 31, 2014,” he said Tuesday.