No VAT walking for senior costsavings

PUBLISHED : 28 Aug 2023 at 06: 00 Members of the Four Regions Slum Network, a civic group of low-income neighborhoods, demonstration in front of the financing ministry on Aug 17 versus the caretaker federalgovernment’s relocation to provide a regularmonthly allowance just to bad senior individuals who fulfill specific requirements. (Photo: Nutthawat Wichieanbut) The Finance Ministry has rejected it will raise the Value-Added Tax (VAT) by 3% to reserve more cash for senior costsavings. Ministry representative Pornchai Theeravej stated the ministry has no strategy to boost VAT from the present 7% to 10%. Mr Pornchai, who likewise directs the ministry’s Fiscal Policy Office, was reacting to reports that a raise was being thoughtabout by the ministry to fund senior costsavings. On Friday, Worawan Plikhamin, deputy secretary-general of the Office of the National
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