Thailand planned to stimulate its domestic consumption by encouraging people nationwide to go shopping in exchange for a tax rebate.

The cabinet under Prime Minister Prayut Chan-o-cha approved on Tuesday an interim measure to stimulate the domestic consumption by providing a maximum of 15,000 baht (about 441 U.S. dollars) in tax rebate for the purchases of goods and services from Nov. 11 to Dec. 3, said Nattapon Jatusripitak, adviser to a minister attached to the Prime Minister's Office.

Shoppers will have their yearly personal income tax deducted by a maximum of 15,000 baht for the goods and services which are to be purchased only during that specific period of time.

The government's income tax revenue is expected to drop by about 2 billion baht due to the measure which is primarily designed to stimulate the domestic consumption toward the end of the year, Nattapon said.

However, the purchase of certain goods will not be subject to such tax rebate, including alcoholic beverages, automobiles, motorcycles, boats, gasoline, LPG and natural gas, he said.