Thai Times

Covering the Thai Renaissance
Sunday, Jun 15, 2025

Thai Revenue Department Exceeds Tax Collection Targets

Tax collections reach 1.138 trillion baht, surpassing targets and previous year's figures significantly.
The Thai Revenue Department has announced notable success in its tax collection efforts, significantly surpassing its targets for the first seven months of the fiscal year.

Director-General Pinsai Suraswadi reported that the tax revenue for April 2025 amounted to 171.921 billion baht, showcasing an increase of 11.052 billion baht, or 6.9 percent, when compared to the same month last year.

Furthermore, this figure exceeded the department's internal budgetary forecast by 7.732 billion baht, equating to a 4.7 percent variance.

In the cumulative assessment from October 2024 through April 2025, the Revenue Department successfully collected a total of 1.138 trillion baht.

This total reflects a substantial increase of 47.325 billion baht, or 4.3 percent, over the corresponding period in the previous fiscal year.

Additionally, it also surpasses the department's target by 17.950 billion baht, which is 1.6 percent above what was anticipated.

Officials have indicated that this performance stands as a positive signal for the overall economic conditions in the country, potentially contributing to the government's fiscal policies and budget management as the nation continues to navigate through post-pandemic economic recovery.
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