By Thai Newsroom Reporters
AN E-REFUND PROJECT has been freshly launched by the Pheu Thai-led government for the well-to-do in parallel to the populist digital wallet project for other people.
Prime Minister Srettha Thavisin confirmed today (Nov.10) that the e-refund project will be provided to those who may not be entitled to the 10,000-baht digital wallet so they could as well help promote domestic consumption and spur the national economy.
According to the prime minister, the eligible recipient of the e-refund project will have their individual income tax refunded by shopping for a maximum of 50,000 baht in market value of merchandise in their home district in a six-month period from next May.
The recipient may file receipts of the goods handed out by stores where they have purchased them and then get a refund of their individual income tax from the Revenue Department.
Thai nationals who will not be entitled to the 10,000-baht digital wallet include those who may currently earn a minimum of 70,000 baht in monthly income or have a minimum of 500,000 baht in bank deposit.
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A graphic image on paying tax by Mohamed Hassan from Pixabay
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