Arnoldus Kristianus, Jakarta – Indonesia's long-running tax holiday incentive is facing renewed scrutiny as economists question its effectiveness in driving investment beyond government
Taxation & State Budget
Displaying 1 - 50 of 638 Documents
December 26, 2025
December 24, 2025
Akmalal Hamdhi, Jakarta – The Finance Ministry plans to extend its tax holiday incentive into 2026 to sustain investment momentum, while adjusting the scheme to comply with global minim
December 19, 2025
Arnoldus Kristianus, Jakarta – Indonesia's tax revenue reached Rp 1.63 quadrillion as of Nov.
Akmalal Hamdhi, Jakarta – The government recently said that any assistance sent by Indonesian diaspora to the Sumatra flood victims would be tax-free as long as they follow the right pr
Ni Made Tasyarani, Premium – The state budget deficit widened in November amid declining revenue and a year-end spending push.
December 2, 2025
Martin Bagya Kertiyasa, Jakarta – The government has allocated Rp 2,567.9 trillion ($154.49 billion) for eight national priority programs in 2026, Chief Economic Affairs Minister Airlan
November 28, 2025
Dinda Shabrina, Jakarta – President Prabowo Subianto claimed that the allocation for the education budget receives the largest portion in the State Revenue and Expenditure Budget (APBN)
November 25, 2025
M. Faiz Zaki, Jakarta – Indonesia's Ministry of Finance has collected Rp11.48 trillion from 104 tax delinquents as of November 19, 2025.
Anastasya Lavenia Yudi, Jakarta – The Director General of Customs and Excise of the Indonesian Ministry of Finance, Djaka Budi Utama, stated that the Tobacco Excise Policy (CHT) has not
November 24, 2025
Arnoldus Kristianus, Jakarta – Indonesia's tax revenue fell 3.9 percent year on year to Rp 1,459.03 trillion ($87.4 billion) as of October 31, 2025, down from Rp 1,517.54 trillion in th
November 21, 2025
Alfitria Nefi Pratiwi, Jakarta – The Chair of the Indonesian Retailers and Mall Lessee Association (Hippindo), Budihardjo Iduansjah, has requested the Ministry of Tourism to promote the
Antara, Jakarta – The Directorate General of Taxation at the Ministry of Finance has collected Rp11.48 trillion from tax defaulters as of November 19, 2025.
November 15, 2025
Ilona Estherina, Jakarta – Indonesia's Finance Minister Purbaya Yudhi Sadewa has assured that no new taxes or taxable items will be introduced until the country's economy stabilizes.
November 13, 2025
Zhulfakar, Jakarta – Indonesian moms are split on the government's plan to impose an excise tax on single-use diapers.
November 7, 2025
Anna O'Connor – As Timor-Leste debates its General State Budget for 2026, Prime Minister Xanana Gusmao is advocating for targeted investment to fuel economic transformation, the Portugu
October 27, 2025
Siwage Dharma Negara and Maria Monica Wihardja – Sri Mulyani's successor Purbaya has already signalled a greater willingness to support Prabowo's populist programmes – in ways that coul
October 24, 2025
Zhulfakar, Jakarta – Deputy Home Affairs Minister Bima Arya Sugiharto clarified on Thursday that the large amounts of regional government funds held in banks are not the result of hoard
October 21, 2025
Harumbi Prastya Hidayahningrum, Jakarta – West Java Governor Dedi Mulyadi has responded to Finance Minister Purbaya Yudhi Sadewa's statement alleging that several regional governments,
Arnoldus Kristianus, Jakarta – Indonesia's regional revenue stood at Rp 253.36 trillion ($15.27 billion) as of September 2025, down 10.86 percent from a year earlier, prompting the gove
October 20, 2025
Ilona Estherina, Jakarta – The Director General of Taxes at the Ministry of Finance, Bimo Wijayanto, said the implementation of e-commerce tax is postponed, after Finance Minister Purba
Arnoldus Kristianus, Jakarta – The Finance Ministry has raised the alarm over more than Rp 254.3 trillion ($15.3 billion) in unused regional funds sitting in bank accounts.
October 17, 2025
Chandra Adi Nurwidya, Yogyakarta – Sri Sultan Hamengku Buwono X, the Sultan and Governor of Yogyakarta, has expressed disappointment over the Rp 700 billion ($42 million) reduction in c
October 16, 2025
Vinnilya Huanggrio, Jakarta – The Indonesian government should consider lowering its value-added tax (VAT) rate to strengthen competitiveness in Southeast Asia and narrow the gap with V
October 15, 2025
Muhammad Farhan, Addin Anugrah Siwi, Jakarta – Finance Minister Purbaya Yudhi Sadewa clarified on Tuesday that the reported return of Rp 70 trillion ($4.2 billion) in unused funds by th
October 12, 2025
Addin Anugrah Siwi, Bogor, West Java – The Indonesian government is stepping up efforts to meet its 2025 tax revenue target of Rp 2,076.9 trillion ($125 billion) during the final three
September 24, 2025
Arnoldus Kristianus, Jakarta – The House of Representatives on Tuesday passed the 2026 State Budget Law in a plenary session attended by Finance Minister Purbaya Yudhi Sadewa.
Hanif Musyaffa, Jakarta – Vid Adrison, an economist at the Institute for Economic and Social Research, Faculty of Economics and Business, University of Indonesia (LPEM FEB UI), has warn
September 23, 2025
Jayanty Nada Shofa, Jakarta – Indonesia is working on non-fiscal incentives to offset the impact of the global minimum tax or GMT so the country remains attractive to foreign investors.
Alfi Dinilhaq, Jakarta – The House of Representatives (DPR) on Tuesday approved the 2026 state budget (APBN) in its fifth plenary session, marking the first budget under President Prabo
September 22, 2025
Daniel Ahmad Fajri, Jakarta – The Chair of the National Commission for Tobacco Control, Hasbullah Thabrany, has strongly criticized Finance Minister Purbaya Yudhi Sadewa's recent statem
September 19, 2025
Akmalal Hamdhi, Jakarta – Indonesia's 2026 state budget plan has undergone significant revisions less than two weeks after the appointment of Finance Minister Purbaya Yudhi Sadewa, mark
Jayanty Nada Shofa, Jakarta – Finance Minister Purbaya Yudhi Sadewa disapproves of tax amnesties, as the senior economist feared forgiveness would only build a bad habit among Indonesia
September 18, 2025
Aqila Izatul Rahman, Jakarta – The Association of All Indonesian Workers (Aspirasi) welcomes the government's policy to expand tax incentives for employees with incomes below Rp10 milli
Ilona Estherina, Jakarta – The Indonesian House of Representatives (DPR) Budget Committee has approved an increase to the 2026 state budget deficit, raising it from Rp638.8 trillion to
September 12, 2025
Antara, Jakarta – Starting in 2026, Industry Ministry will no longer continue incentives for battery electric vehicles (BEVs) imported as completely built-up (CBU) units into the domest
September 11, 2025
Antara, Jakarta – Director General of Tax at the Finance Ministry, Bimo Wijayanto, reported that Indonesia's tax revenue by the end of July 2025 was Rp990 trillion.
September 8, 2025
Jayanty Nada Shofa, Jakarta – Purbaya Yudhi Sadewa, the successor to Indonesia's second-longest-serving finance minister, Sri Mulyani, is already facing calls to tax the crazy rich and
September 2, 2025
Nandito Putra, Jakarta – Finance Minister Sri Mulyani Indrawati announced that the government will not impose new taxes or raise tax rates in 2026.
August 28, 2025
Antara, Jakarta – Indonesian President Prabowo Subianto on Thursday delivered a sharp rebuke to business owners who exploit natural resources while avoiding tax obligations and damaging
August 26, 2025
Ilham Oktafian, Jakarta – The Home Affairs Ministry has ordered regional leaders to roll back steep hikes in land and building taxes (PBB) after protests over the issue turned violent i
August 23, 2025
Hendrik Yaputra, Jakarta – President Prabowo Subianto spoke up against budget leaks within the government, where the allotted budget is significantly bigger than what is received in ret
August 22, 2025
Dio Suhenda, Jakarta – In an attempt to ease discontent over reports of steep property tax hikes in several regions, the government has scrambled to keep regional heads from making poli
Arnoldus Kristianus, Jakarta – Indonesia's balance of payments (BOP) swung into a deep deficit of $6.7 billion in the second quarter of 2025, the steepest shortfall since Q2 2023 when i
August 20, 2025
Jakarta – Amass protest against a property tax hike on Tuesday turned violent in Bone regency, South Sulawesi, leaving four Public Order Agency (Satpol PP) personnel and two police offi
Prisma Ardianto, Heru Andriyanto, Jakarta – Indonesia is stepping up efforts to widen its tax base and tap into the shadow economy as it seeks to raise Rp 2,357.7 trillion ($145.6 billi
August 19, 2025
Anastasya Lavenia Yudi, Jakarta – Indonesian government plans to raise new debt of Rp781.9 trillion in 2026, with the debt-to-Gross Domestic Product (GDP) ratio projected at 39.96 perce
August 18, 2025
Jakarta – After receiving a strong backlash for his bold fiscal policies in the first months of his administration, President Prabowo Subianto is going conservative in the 2026 state bu
Ilona Estherina, Jakarta – Indonesia's Finance Minister Sri Mulyani Indrawati has confirmed that the government's debt-to-GDP ratio target for 2026 will remain at 39.96 percent, the sam
Arnoldus Kristianus, Jakarta – Indonesia's ambitious plan to raise Rp 2,357.7 trillion ($145.6 billion) in tax revenue by 2026 will likely force the government into a tougher stance on
Arnoldus Kristianus, Alfida Rizky Febrianna, Jakarta – Sharp hikes in land and building taxes in several regions in Java are fueling public anger and political turmoil, with residents i
