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Taxation & State Budget

Displaying 51 - 100 of 564 Documents

February 7, 2025

Tempo - February 7, 2025

Antara, Jakarta – The Meteorology, Climatology, and Geophysics Agency (BMKG) has requested to be exempt from a 50 percent budget cut from its initial Rp2,826 trillion funds, citing risk

February 6, 2025

Jakarta Globe - February 6, 2025

Bella Evangelista, Jakarta – Investment Minister Rosan Roeslani remains upbeat about attracting hundreds of billions of dollars worth of investments throughout this year despite having

February 5, 2025

Jakarta Globe - February 5, 2025

Antara, Jakarta – The Finance Ministry has announced the cancellation of the 2025 Ministerial Scholarship program, following a directive to streamline the budgets for ministries and age

Tempo - February 5, 2025

Antara, Jakarta – Based on President Prabowo Subianto's instruction to each ministry and agency to implement budget savings, the Ministry of Finance (Kemenkeu) has to cancel the Ministe

February 3, 2025

Jakarta Post Editorial - February 3, 2025

Jakarta – The government has decided to reallocate Rp 306.7 trillion (US$18.9 billion) of the state budget to foster its welfare programs, in a major shift in fiscal direction this year

January 31, 2025

Jakarta Post - January 31, 2025

Deni Ghifari, Jakarta – Indonesian businesses have expressed frustration about the many problems they have encountered with the newly rolled out digitalized taxation administration syst

January 23, 2025

Jakarta Globe - January 23, 2025

Bella Evanglista Mikaputri, Jakarta – President Prabowo Subianto has instructed central and regional governments to reduce spending by Rp 306.69 trillion ($18.9 billion) for the current

January 17, 2025

Tempo Editorial - January 17, 2025

Jakarta – The increase in value-added tax on luxury goods from 11 percent to 12 percent shows the arbitrary way that the administration of Prabowo Subianto produces policy.

January 16, 2025

Jakarta Globe - January 16, 2025

Arnoldus Kristianus, Jakarta – The Indonesian government has officially adopted a global minimum tax rate of 15 percent to foster a healthier and more competitive investment climate, a

Tempo - January 16, 2025

Dede Leni Mardianti, Jakarta – Chair of the National Economic Council (DEN) Luhut Binsar Pandjaitan was offended by the World Bank's statement saying that Indonesia was one of the worst

January 15, 2025

East Asia Forum - January 15, 2025

Rania Teguh – On the eve of a long-anticipated increase in Indonesia's value added tax (VAT) rate from 11 to 12 per cent, President Prabowo Subianto abruptly decided to revise the hike,

January 10, 2025

Jakarta Globe - January 10, 2025

Bambang Ismoyo, Jakarta – Indonesia plans to introduce an excise tax on sugary packaged beverages starting July 2025, aiming to curb excessive sugar consumption and address rising healt

January 6, 2025

Reuters - January 6, 2025

Jakarta – Indonesia's unaudited budget deficit for 2024 was smaller than the government's earlier estimate, official data showed on Monday, providing a buffer for fiscal needs in 2025 a

January 2, 2025

Tempo - January 2, 2025

Hammam Izzuddin, Eko Ari Wibowo, Jakarta – The House of Representatives Ethics Committee (MKD) will summon a member of the House of Representatives, Rieke Diah Pitaloka, for alleged eth

Jakarta Globe - January 2, 2025

Tri Listiyarini, Jakarta – A smallholder association recently urged the Indonesian government to rethink before raising the export levy on crude palm oil (CPO).

Tempo - January 2, 2025

Ervana Trikarinaputri, Jakarta – Indonesian Finance Minister Sri Mulyani Indrawati has said that state revenue for 2024 did not meet the established target.

Tempo - January 2, 2025

Dani Aswara, Aisha Shaidra, Jakarta – Indonesian people's spending has the potential to increase in 2025 because they have to pay several new levies and certain tariff increases.

December 31, 2024

Jakarta Globe - December 31, 2024

Muhammad Ghafur Fadillah, Jakarta – The Indonesian stock market is set to face significant hurdles in 2025 with the introduction of a 12 percent value-added tax (VAT) starting January 1

Bloomberg News - December 31, 2024

Grace Sihombing and Norman Harsono – Indonesia scaled back its planned increase in the value-added tax rate just hours before it was set to take effect on January 1 amid escalating publ

Jakarta Globe - December 31, 2024

Bambang Ismoyo, Mita Amalia Hapsari, Jakarta – President Prabowo Subianto officially announced a hike in the Value Added Tax (VAT) from 11 percent to 12 percent, effective January 1, 20

Tempo - December 31, 2024

Natau Lasniroha Sinaga, Jakarta – Director of the Center of Economic and Law Studies (Celios) Mhd.

Tempo - December 31, 2024

Annisa Febiola, Jakarta – Deputy Speaker of the House of Representatives (DPR) of Indonesia, Adies Kadir, claimed that the increase in the Value Added Tax (VAT) rate to 12 percent would

December 30, 2024

Antara News - December 30, 2024

Jakarta – The Honor Council (MKD) of the House of Representatives (DPR) plans to summon Rieke Diah Pitaloka, serving at DPR's Commission VI, over her opposition to the 12 percent value-

Tempo - December 30, 2024

Angelina Tiara Puspitalova, Jakarta – The Indonesian government plans to impose a 12 percent increase in Value Added Tax or VAT on various sectors, including education, especially inter

Detik Jogja - December 30, 2024

Jogja, Adji G Rinepta – Protesters calling themselves the Jogja Calling (Jogja Memanggil) Alliance demonstrated in front of the Yogyakarta provincial Regional House of Representatives (

CNN Indonesia - December 30, 2024

Medan – Dozens of students from the North Sumatra Student Alliance held a demonstration at the North Sumatra (Sumut) Regional House of Representatives (DPRD) building on Monday December

Antara News - December 30, 2024

Jakarta – Chair of the House of Representatives' (DPR's) Budget Agency Said Abdullah said that the increase in the value-added tax (VAT) rate from 11 percent to 12 percent next year wil

Kompas.com - December 30, 2024

Izzatun Najibah, Reni Susanti, Surabaya – Protests against the planned increase in value added tax (VAT) are continuing.

December 28, 2024

Jakarta Globe - December 28, 2024

Wijayanti Putri, Solo – Former President Joko "Jokowi" Widodo has voiced support for the government's decision to raise the value-added tax (VAT) rate from 11 percent to 12 percent, des

Solo Pos - December 28, 2024

Wahyu Prakoso, Esposin, Solo – Students who are members of the Greater Solo Student Executive Council (BEM) Alliance and civil society activists held a demonstration in the Gladak area

December 26, 2024

CNN Indonesia - December 26, 2024

Jakarta – Scores of protesters from the Populist National Association of Student Executive Councils (BEM SI Kerakyatan) held a demonstration in the Horse Statue area of Central Jakarta

CNN Indonesia - December 26, 2024

Makassar – Students from the Makassar State University (UNM) held a protest action rejecting the Prabowo Subianto administration's plan to increase the value added tax (VAT) rate to 12

Jakarta Globe - December 26, 2024

Arnoldus Kristianus, Jakarta – It is best for the government to focus on having a tax evasion crackdown rather than raising the value-added tax (VAT), according to an analyst.

December 23, 2024

Tempo - December 23, 2024

Vendro Immanuel G, Jakarta – Bhima Yudhistira, Executive Director of the Center of Economic and Law Studies (Celios), has disputed the government's assessment of the impact of the upcom

Tempo - December 23, 2024

Annisa Febiola, Jakarta – Member of the House of Representatives (DPR) of the Gerindra Party Faction, Heri Gunawan, said that PDIP does not need to play drama by pretending to defend pe

Jakarta Post Editorial - December 23, 2024

Jakarta – There are good reasons for (and against) hiking the value added tax (VAT) by one percentage point on Jan.

December 22, 2024

Jakarta Globe - December 22, 2024

Yustinus Paat, Jakarta – The increase in value-added tax (VAT) from 11 percent to 12 percent, effective next month, was initiated by the Indonesian Democratic Party of Struggle (PDI-P),

December 20, 2024

Jakarta Globe - December 20, 2024

Antara, Jakarta – Indonesia plans to introduce an excise tax on sweet beverages (MBDK), projected to generate Rp 6.25 trillion ($385.24 million) in revenue, according to the Institute f

December 19, 2024

Tempo - December 19, 2024

Antara, Jakarta – The Indonesian Police have deployed at least 820 combined personnel to secure a protest against the 12-percent VAT hike at the Presidential Palace in Central Jakarta.

Jakarta Globe - December 19, 2024

Jakarta – The government denied Thursday media reports that they were planning to cut the threshold for the final income tax for Indonesia's micro, small and medium enterprises (MSMEs).

Tempo - December 19, 2024

Jakarta – A total of 99,098 people have signed a petition addressed to Indonesian President Prabowo Subianto to cancel the 12 percent increase in Value-Added Tax (VAT) on the change.org

December 18, 2024

Tempo - December 18, 2024

S. Dian Andryanto, Michelle Gabriela, Jakarta – The government ensures that the 12 percent increase in Value Added Tax or VAT will take effect from January 1, 2025.

Jakarta Globe - December 18, 2024

Arnoldus Kristianus, Jakarta – The Coordinating Ministry for Economic Affairs expects inflation to rise by 0.3 percent in 2025 following the implementation of a 12 percent Value-Added T

December 17, 2024

Jakarta Globe - December 17, 2024

Jayanty Nada Shofa, Jakarta – The government will roll out an income tax incentive package for people working in the labor-intensive industries as a means to cushion Indonesia's middle

December 16, 2024

Bloomberg News - December 16, 2024

Grace Sihombing and Eko Listiyorini – Indonesia will proceed with its value-added tax hike in 2025, while offering a raft of incentives to mitigate the impact on consumption and economi

Jakarta Globe - December 16, 2024

Arnoldus Kristianus, Jakarta – The value-added tax (VAT) hike to 12 percent will officially enter into force in January 1, according to Chief Economic Affairs Minister Airlangga Hartart

Jakarta Globe - December 16, 2024

Jayanty Nada Shofa, Jakarta – Indonesia announced Monday that it would roll out a tax incentive for hybrid cars in an attempt to reduce the country's carbon emissions.

Jakarta Globe - December 16, 2024

Alfida Rizky Febrianna, Arnoldus Kristianus, Jakarta – The Indonesian government has unveiled a series of economic stimulus packages totaling Rp 827 trillion ($51.65 billion) for 2025,

December 15, 2024

Bloomberg News - December 15, 2024

Prima Wirayani – At least one in four firms in Indonesia evaded tax last year, according to a World Bank survey.

December 14, 2024

Jakarta Globe - December 14, 2024

Arnoldus Kristianus, Jakarta – Indonesia is set to announce a new economic policy package on Monday, according to Chief Economic Affairs Airlangga Hartarto.