He attributed the higher collections from individual and corporate income taxes and excise tax on cars to an increase in household income, business expansion and the government’s first-car scheme.
Mr Somchai said the tax revenue collected over the first seven months of the 2013 fiscal year (Oct 2012-April 2013) stood at B1.1 trillion, B104 billion higher than the target.
He was confident the revenue target of B2.1 trillion for 2013 fiscal year would be achieved on the back of continuing economic expansion boosted by the government’s stimulus measures.