The Revenue Department has prepared a draft bill amending the Revenue Code relating to the improvement of income tax payment from investors investing in debt securities through mutual funds. The
juristic offenders in eight cases and the total remittance of more than 50 million baht as public revenue. Mr. Somchai Pongpattanasin, SEC Assistant Secretary?General in charge of the Enforcement Division
Fixed income funds are steadily growing with more diversified investment portfolios. As of the end of 2018, net assets value of fixed income funds was approximately 2.6 trillion baht, most of
manage liquidity of fixed income funds and mixed funds that invest at least 60 percent of the net asset value in debt securities. The limit for such transactions is increased from 10 percent to 30
The measures include the Bank of Thailand (BOT)’s permission for financial institutions that have purchased investment units of daily fixed income funds to place such investment units as collateral
the time of the misconduct from 2015 to 2017 holding the positions of director and executive of NMG – made a joint decision to approve, order and arrange a recording of false advertising income in the
The suspension was in connection to NMG’s submission of the financial statements for the year 2017, wherein the overstatement of revenue and accrued income in the financial statements for the year
surplus to gain on sale of the assets presented in the income statement. The transfer was, however, not complied with the accounting standards stating that the revaluation surplus has to be transferred
% of net asset value in listed securities on the Stock Exchange of Thailand. Investors are permitted to deduct an actual investment amount, but not exceeding 200,000 baht, from annual assessable income
the third quarter of 2019, which recorded a significant increase in net earnings due to the income of medical service fees based on risk burdens from the Social Security Office, which was higher than