The Revenue Department says there are significant challenges this year achieving tax collection targets because of the slowdown in economic activities, although it has identified five sectors that show promise.
According to Kulaya Tantitemit, director-general of the department, for fiscal 2024 the department raised its revenue collection target to 2.27 trillion baht, up from 2.02 trillion in 2023, representing an increase of about 3%.
The increase is in line with projected Thai…
