Bangkok Post – Cabinet approves diesel tax cut, fiscal budget

The cabinet on Tuesday approved a diesel tax cut for three months to April and a 3.6 trillion baht (US$102.53 billion) budget plan for the fiscal year 2025, a deputy finance minister said.

The tax will be cut by 1 baht ($0.03) per litre to support diesel prices to help reduce living costs, Julapun Amornvivat told reporters, adding the move would cost the…