Brokerage calls for fast reintroduction of LTF

Brokerage calls for fast reintroduction of LTF

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PUBLISHED : 21 Jun 2024 at 08: 10 LTFs, investing in a minimum of 65% Thai stocks, permit financiers to subtract earnings tax of up to 500,000 baht over a duration of 7 calendar years. Asia Plus Securities (ASPS) is calling on the Finance Ministry to speed up the unveiling of a rejigged long-lasting equity fund (LTF) to restore the Thai stock market, which is havingahardtime with diminishing financier self-confidence partially associated to current political unpredictabilities. In ASPS’s view, the Stock Exchange of Thailand (SET) requires more tax-deductible funds and the LTF is thoughtabout the most effective alternative to assistance the market’s reco
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