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Thailand’s “Half Each” Economic Stimulus: Eligibility & Tax Benefits

by Chief editor of world-today-news.com

Thailand to Revive “Half Each” Economic Stimulus Program with ‌Tiered Benefits

Bangkok, September 15, 2024 – The Thai ⁣government, led by Prime Minister Anutin ⁣Charnwirakul,‌ plans to reinstate the ‌popular “Half Each” economic ‌stimulus program, possibly as early as October 2025, utilizing a ⁤25 billion baht budget allocated⁢ for 2026.‍ the program will⁤ offer ​different levels of⁤ support based on individual income tax status.

According to⁤ the Ministry ​of ⁤Finance, approximately 11 million individual income taxpayers will be eligible for ⁣a “60:40” split, where ⁤the government covers 60% of⁣ purchases and ‌the individual pays the remaining 40%. A second group, encompassing the general public and state​ welfare‍ card ⁣holders, will receive a 50:50 cost-sharing arrangement.

“People can wait for the ‘Half Each’ project,” Prime Minister Anutin Charnwirakul stated today. The Ministry of Finance is expected ⁤to release detailed program guidelines and procedures shortly.

The original “Half Each” program required participants to register online and download specific applications: ⁣individuals used “Pao Tang” for spending,while stores utilized “Thong ma” to accept payments.

Eligibility for the revived program currently includes:

* Thai nationality⁢ with a valid​ identification card.
* ⁣Age 18 or older on ‌the registration date.
* not currently ​a ‍state welfare card holder.

Further details and potential ​adjustments ⁢to these conditions are pending official‍ government⁤ clarification.

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