This amount was 1.807 billion baht (0.2%) higher than the official target, and 26.503 billion baht (2.3%) above the same period last year.
VAT and State Enterprises Drive Revenue Growth
Pornchai highlighted that the majority of revenue came from Value-Added Tax (VAT) on domestic consumption and earnings from state enterprises.
However, excise tax on vehicles fell short of expectations due to government incentives aimed at promoting battery electric vehicle (BEV) sales.
Revenue Performance by Department
For the first half of fiscal 2025, the revenue collected by the three main departments was as follows:
- Revenue Department: 966.2 billion baht — an increase of 36.212 billion baht year-on-year, and 10.157 billion baht above target.
- Excise Department: 264.971 billion baht — a decrease of 4.16 billion baht from the previous year, and 21.321 billion baht below target.
- Customs Department: 57.365 billion baht — a decline of 2.109 billion baht from the previous year, and 4.235 billion baht under target.
Revenue Department Exceeds April Collection Targets
Pinsai Suraswadi, Director-General of the Revenue Department, announced that the department collected 171.921 billion baht in April 2025 — an increase of 11.052 billion baht from April 2024, and 7.732 billion baht above target.
Over the first seven months of fiscal 2025, the Revenue Department accumulated 1.13 trillion baht, outperforming the previous year by 47.325 billion baht and exceeding the target by 17.95 billion baht.
