By The Nation
This change, punished in the Royal Gazette on Sunday and in effect from Monday, is designed to encourage married couples to have more children as the government seeks to increase the national birth rate amid a shrinking workforce and ageing population.
Taxpayers could already claim a Bt30,000 deduction for their first child. Beginning early next year, the same amount can be claimed for a second child.
The proportion of elderly people is expected to rise to 30 per cent of the overall population by 2036, designating Thailand as an “ageing society”.