BANGKOK : The Fiscal Policy Office (FPO) says revenue collection in October totalled 171 billion baht, or 5.1% above estimates.
FPO director-general Kritsada Jinavijarana said the
collection in October which is the first month of the 2015 fiscal year
represented 5.% higher or 8.35 billion baht more than it earlier
estimated.
However the figure was still 4% below the same month in 2013, he said.
The three revenue collection departments – revenue, excise
and customs – generated 1.32 billion baht, 0.9% above target, due to
high returns from value-added tax, personal income tax and tobacco tax.
State enterprises contributed 11.6 billion baht more than the target, or 46.1% above expectations.
Higher revenue collection was the result of increased
domestic consumption, an important factor for the recovery of the
economy, he added.
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