Cabinet extends 7% VAT collection

Submitted by TNA on

BANGKOK, Aug 3 – The Cabinet on Tuesday approved the Finance Ministry’s proposed extension of the value-added tax collection at 7 per cent for two years or until the end of September 2012.

Inflation rises in July for 10th consecutive month

Submitted by TNA on

BANGKOK, Aug 3 – The general inflation rate in July rose for the 10th consecutive month by 3.4 per cent year on year, fuelled by an increase in indexes in the food and beverage, rice and flour, and

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