Govt collects more personal and corporate income taxes

Somchai Sujjapongse, spokesman of Finance Ministry said yesterday that government revenue last month rose to Bt99.37 billion, 1.9 per cent higher than targeted but jumped 29.2 per cent compared with the same month of the previous fiscal.

Higher contribution from state enterprises and petroleum tax receives largely contributed to revenue rise, he said.

Collections of personal income tax by the Revenue Department were Bt15.66 billion, 10 per cent higher than estimated earlier, and 18.8 per cent rise year on year. Corporate income tax's receives rose 11.7 per cent year on year to Bt16.9 billion, or 5.8 per cent higher than targeted, he said.

However, collection of valued added tax dropped by 0.3 per cent year on year to Bt36.55 billion or 8.3 per cent lower than targeted. - The Nation

Wichit Chaitrong