CAR TAX WINDFALL FORESEEN

MONDAY, JANUARY 04, 2016
CAR TAX WINDFALL FORESEEN

Somchai Sujjapongse, permanent secretary of the Finance Ministry, expects the new vehicle tax based on carbon-dioxide emissions will increase excise revenue by between Bt7 billion and Bt8 billion to Bt93 billion this year.

Last year’s vehicle excise tax revenue totalled Bt80 billion, lower than in 2014, given drops in auto sales. 
 
BORDER MARKET POPULAR
More than 50,000 travellers went to shop at the Ban Klong Luek Border Market, spurring an estimated Bt100 million in sales during the New Year festival. That was an increase of 20 per cent from the previous year, Prasit Saengrungruang, vice chairman of the Sa Kaew Chamber of Commerce, said yesterday.