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Bangkok Post
Bangkok Post
Business

REVEALED: Collection surpasses target in first 7 months | Vintage Vibes

The government's revenue collection in the first seven months of fiscal 2022 surpassed its target by 3.7% as a result of the expansion of product import volume, in line with the economic recovery, says Pornchai Thiraveja, director-general of the Fiscal Policy Office.

He said the Revenue Department's collection during the period exceeded the target because of higher collection from personal and corporate income tax.

The significant growth in imported products also contributed to the higher value-added tax collection.

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