29.9 C
Bangkok
Tuesday, May 7, 2024

Planned financial transaction tax axed

Finance ministry says levy on share sales could have negative impact on stock market

Investors monitor an electronic display of stock indices. (File photo)

The Ministry of Finance has scrapped a plan to collect a financial transaction tax, saying it could have a negative impact on the stock market.

The tax was expected to bring in 14 billion baht in revenue in the 2024 fiscal year, according to calculations by Sirikanya…

Read more…

Latest Articles