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Stay updated on the latest income tax rules effective from April 1, 2024. Discover insights into the new tax regime, its implications, and why it's set to become the default option for taxpayers.
BANGKOK (Reuters) -Thailand's economy unexpectedly contracted in the fourth quarter of 2023 and policymakers downgraded the outlook for this year, adding to pressure on the central bank to give in to the prime minister's demands for a rate cut. Prime Minister Srettha Thavisin, who is also the finance minister, has been at loggerheads with the central bank over the direction of monetary policy, repeatedly saying rate cuts will help the economy he describes as being in crisis as it confronts high household debt and China's slowdown. Gross domestic product (GDP) fell 0.6% in the ...
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The Public Utilities Board ordered a five per cent rate decrease for all mandatory auto insurance premiums in 2024-25. The price slash will come into effect on April 1, 2024.