Among the measures approved are:

– Extension of the deadline for filing individual income tax returns to June this year from March.

– Companies will be allowed to enjoy tax deductions from expenses on local seminar activities taking place during the January 2020-December 31, 2020, period, with the deduction being two times the actual cost.

– Reduction of jet fuel excise tax for domestic flights from Bt4.726 per litre to Bt0.20 per litre until September 30, 2020.

The cabinet also approved plans by state-run banks to offer soft loans and extend debt repayment periods to tourism businesses affected by the big decrease in the number of tourists amid the virus outbreak.