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Taxation & State Budget

Displaying 101 - 150 of 554 Documents

December 4, 2024

Jakarta Globe - December 4, 2024

Jayanty Nada Shofa, Jakarta – A consumer protection association recently proposed sugary drink excise as a sweet alternative to the controversial value-added tax (VAT) hike, citing that

Jakarta Globe - December 4, 2024

Alfida Rizki Febrianna, Jakarta – The government's plan to increase the Value-Added Tax (VAT) from 11 percent to 12 percent in January is expected to further reduce Indonesia's middle-c

Jakarta Globe - December 4, 2024

Bella Evanglista, Kupang – President Prabowo Subianto called on government officials to reduce business trips and ceremonial events that use state funds.

December 3, 2024

Jakarta Globe - December 3, 2024

Jayanty Nada Shofa, Jakarta – The government would get much more money from seizing assets lost in corruption compared to raising the value-added tax or VAT, according to a retail assoc

Tempo - December 3, 2024

Ilona Estherina, Jakarta – As the January 2025 deadline for the value-added tax (VAT) increase from 11% to 12% looms, uncertainty persists regarding the policy's implementation.

Jakarta Globe - December 3, 2024

Heru Andriyanto, Basudiwa Supraja, Jakarta – Retail associations on Tuesday urged the government to reconsider its plan to increase the value-added tax (VAT) rate next year, as business

Jakarta Post Editorial - December 3, 2024

Jakarta – In response to broad public opposition, a number of officials have suggested pushing back a long-planned value added tax (VAT) hike meant to kick in at the turn of the year.

December 2, 2024

Jakarta Globe - December 2, 2024

Ricki Putra Harahap, Yustinus Paat, Jakarta – The Indonesian government is considering the implementation of a planned Value-Added Tax (VAT) increase to 12 percent, scheduled for Januar

Jakarta Globe - December 2, 2024

Alfida Rizky Febrianna, Jakarta – The government's efforts to reduce domestic airfares may face setbacks due to an impending increase in value-added tax (VAT), which is expected to rais

November 28, 2024

Jakarta Globe - November 28, 2024

Antara, Jakarta – The Indonesian government is likely to delay the planned increase in the Value-Added Tax (VAT) rate to 12 percent, which was initially scheduled to take effect on Janu

November 27, 2024

Tempo - November 27, 2024

Adil Al Hasan, Jakarta – Chair of the National Economic Council Luhut Binsar Pandjaitan has responded to the public outcry over the planned implementation of a 12% Value Added Tax (VAT)

November 25, 2024

Jakarta Globe - November 25, 2024

Hendro D – Situmorang, Muhammad Aulia Rahman, Jakarta.

Jakarta Globe - November 25, 2024

Ricki Putra Harahap, Jakarta – The government's plan to raise the value-added tax, or VAT, is raising concerns from Indonesian car buyers, some even choosing to make their purchase befo

November 24, 2024

Tempo - November 24, 2024

Vendro Immanuel G, Jakarta – Economist from Segara Institute, Piter Abdullah, assessed that the increase of Value Added Tax (VAT) from 11% to 12% is feared to burden the middle class in

November 23, 2024

Jakarta Globe - November 23, 2024

Monique Handa Shafira, Jakarta – Indonesia's plan to raise its value-added tax (VAT) to 12 percent in early 2025 is expected to disproportionately affect the middle class, according to

November 22, 2024

Tempo - November 22, 2024

Vendro Immanuel G, Jakarta – The Indonesian Consumers Foundation (YLKI) expressed strong opposition to the government's plan to increase the Value-Added Tax (VAT) rate to 12%, scheduled

November 21, 2024

Jakarta Globe - November 21, 2024

Yustinus Paat, Jakarta – Deputy Chair of Commission XI of the House of Representatives (DPR), Mohamad Hekal, said that no changes or delays to the upcoming Value Added Tax (VAT) increas

November 20, 2024

Jakarta Globe - November 20, 2024

Juan Ardya Guardiola, Jakarta – The upcoming hike on value-added tax (VAT) has sparked worries among Indonesian hotels and restaurants with the industry association saying that it could

Jakarta Globe - November 20, 2024

Monique Handa Shafira, Jakarta – The planned value-added tax (VAT) hike, set to take effect on January 1, may hinder national economic growth, which relies heavily on household consumpt

November 19, 2024

Jakarta Globe - November 19, 2024

Arnoldus Kristianus, Jakarta – Amid plans to increase the Value Added Tax (VAT) from 11 percent to 12 percent, raising concerns among many Indonesians, the House of Representatives (DPR

Reuters - November 19, 2024

Jakarta – Indonesia is considering the possibility of a new tax amnesty programme, a senior lawmaker said on Nov 19, which would be the country's third in the past decade despite critic

Jakarta Globe - November 19, 2024

Yustinus Paat, Jakarta – The proposed increase in the Value Added Tax (VAT) rate to 12 percent in 2025, which has faced widespread criticism, remains a topic of discussion and has not y

Jakarta Globe - November 19, 2024

Vinnilya Huanggrio, Jakarta – The impending value-added tax (VAT) increase set to take effect next year is expected to exacerbate challenges for Indonesia's already struggling automotiv

November 18, 2024

Jakarta Globe - November 18, 2024

Vinnilya Huanggrio, Jakarta – The government should reconsider the plan to implement a hike in value-added tax next year because Indonesia currently has the highest VAT in Southeast Asi

Jakarta Globe - November 18, 2024

Alfida Rizki Febrianna, Jakarta – The upcoming value-added tax (VAT) hike could take a huge toll on Indonesia's minimum wage earners, economist Achmad Nur Hidayat said in a recent inter

Jakarta Globe - November 18, 2024

Alfida Rizki Febrianna, Jakarta – An expert recently said there are other ways to grow state revenue, including imposing excise on alcohol as the government is set to increase the value

November 17, 2024

Jakarta Globe - November 17, 2024

Whisnu Bagus Prasetyo, Jakarta – The government's plan to raise the value-added tax (VAT) to 12 percent will negatively impact exports, reduce household income, and increase unemploymen

November 15, 2024

Jakarta Globe - November 15, 2024

Rama Sukarta, Jakarta – The Indonesian Shopping Center Management Association (APPBI) is urging the government to delay the planned increase in Value-Added Tax (VAT) to 12 percent on Ja

November 14, 2024

Jakarta Globe - November 14, 2024

Iman Rahman Cahyadi, Jakarta – Finance Minister Sri Mulyani Indrawati confirmed on Thursday that the new value-added tax (VAT) rate of 12 percent will be implemented on January 1, in li

Jakarta Globe - November 14, 2024

Faisal Maliki Baskoro, Jakarta – The Indonesian government is conducting a study on the underground economy, which encompasses tax evasion and other illegal activities.

November 13, 2024

Jakarta Globe - November 13, 2024

Arnoldus Kristianus, Jakarta – The government has collected Rp 1,517.5 trillion ($96 billion) in tax revenue as of Oct.

November 8, 2024

Tempo - November 8, 2024

Ilona Estherina, Jakarta – Indonesian Finance Minister Sri Mulyani Indrawati has reported that the state budget recorded a deficit of Rp309.2 trillion by the end of October 2024.

November 4, 2024

Jakarta Globe - November 4, 2024

Jakarta – The Indonesian government has extended its tax holiday program until December 31, 2025, to attract more foreign investment.

October 30, 2024

Jakarta Globe - October 30, 2024

Yustinus Paat, Jakarta – Deputy Finance Minister Anggito Abimanyu faces criticism following his recent suggestion to tax revenues from the underground economy, including online gambling

October 8, 2024

Tempo - October 8, 2024

Han Revanda Putra, Petir Garda B, Jakarta – The Vice Chair of the Gerindra Party Advisory Council, Hashim Djojohadikusuma, claims the World Bank is ready to help Indonesia boost its tax

September 23, 2024

Jakarta Globe - September 23, 2024

Arnoldus Kristianus, Jakarta – The government collected Rp 183.2 trillion ($12 billion) in customs and excise revenues as of Aug.

Jakarta Globe - September 23, 2024

Ilham Oktafian, Jakarta – Weak passwords and negligence in accessing the data center may have contributed to a recent breach of the taxpayer identification number database, a senior off

September 20, 2024

Jakarta Globe - September 20, 2024

Alfida Rizky Febrianna, Jakarta – The Directorate General of Taxes (DJP) under the Finance Ministry has denied allegations of a data leak involving the Taxpayer Identification Numbers (

Jakarta Globe - September 20, 2024

Yustinus Paat, Jakarta – The government's tax exemption for home purchases has been officially extended through December 2024.

Jakarta Globe - September 20, 2024

Arnoldus Kristianus, Jakarta – Indonesia has signed the Multilateral Instrument Subject to Tax Rule (MLI STTR) alongside leaders from 42 other countries and jurisdictions.

September 19, 2024

Jakarta Globe - September 19, 2024

Arnoldus Kristianus, Jakarta – Finance Minister Sri Mulyani Indrawati on Thursday directed the tax directorate to launch an internal investigation following reports of a data breach aff

Jakarta Globe - September 19, 2024

Alfi Dinilhaq, Herman, Jakarta – A total of 6 million Indonesian taxpayer-identification numbers (NPWP) have reportedly been leaked and sold for US$10,000 on the Breach Forum website by

Jakarta Globe - September 19, 2024

Arnoldus Kristianus, Yustinus Paat, Jakarta – The House of Representatives (DPR) has approved the 2025 State Budget (APBN) totaling Rp 3,621 trillion (USD 237.4 billion), which will be

September 13, 2024

Jakarta Globe - September 13, 2024

Jakarta – The Commission VI of the House of Representatives has approved the 2025 budget plans for BP Batam, the city's development agency, earlier this week.

Tempo - September 13, 2024

Ilona Estherina, Jakarta – The Directorate General of Taxes at the Indonesian Ministry of Finance recorded tax revenues from the digital economy sector reaching Rp27.85 trillion from 20

September 10, 2024

Jakarta Globe - September 10, 2024

Arnoldus Kristianus, Jakarta – The State Finance Accountability Committee (BAKN) of the House of Representatives (DPR) has proposed an excise on sugar-sweetened beverages (SSBs) at 2.5

August 29, 2024

Jakarta Globe - August 29, 2024

Faisal Maliki Baskoro, Jakarta – The House of Representatives (DPR) and the government have agreed on the 2025 State Budget assumptions, setting the rupiah exchange rate at Rp 16,000 pe

August 28, 2024

Jakarta Post - August 28, 2024

Tenggara Strategics, Jakarta – President Joko "Jokowi" Widodo presented the draft state budget (RAPBN) for the 2025 fiscal year to the House of Representatives on Aug.

August 26, 2024

Jakarta Globe - August 26, 2024

Arnoldus Kristianus, Alfida Rizky Febrianna, Jakarta – The 2025 Draft State Budget (RAPBN) integrates the programs of President-elect Prabowo Subianto and Vice President-elect Gibran Ra

August 21, 2024

Jakarta Globe - August 21, 2024

Arnoldus Kristianus, Jakarta – The government has set a goal to collect Rp 2,189.3 trillion (around $141 billion) in tax revenue next year.