[THAILAND ECONOMIC NEWS] Good morning everyone I am Rumi Dhar from Kama Group.
Here I have important THAILAND economic news to share with you which is as mentioned
under. 

The Finance Ministry expects to postpone the plan to slap a financial transaction tax on individual 

stock investors for a certain period because of unfavourable economic conditions, says permanent 

secretary Krisada Chinavicharana.

He said while the ministry stands ready to impose the tax, Thailand is struggling with the double 

whammy of the prolonged pandemic and the Russia-Ukraine war.

The financial transaction tax applicable for share sales by individual investors trading on the Stock 

Exchange of Thailand has been on the books for around 30 years, but has always been waived to 

support market development.

Earlier Finance Minister Arkhom Termpittayapaisith said the plan to end this tax waiver on share sales 

from the local bourse should help to expand the tax base and garner additional revenue for national development.

Read more at: https://www.bangkokpost.com/business/2287234/ministry-to-postpone-tax-on-stock-transactions

KAMA GROUP
New Delhi
Have a nice day