The Revenue Department expects to meet its revenue collection target for fiscal 2023 because of the economic recovery, says director-general Lavaron Sangsnit.
According to the Finance Ministry’s official data, the country’s total revenue in the first quarter of fiscal 2023, spanning from October to December 2022, was 633 billion baht, beating the target by 73.5 billion baht or 13.2%.
The department collected 446 billion baht during the period, exceeding the target by more than 40 billion baht or 10%.
The value-added tax (VAT) revenue from oil imports this year is expected to be lower than last year, when the oil price was higher, said Mr…
