Adrian Wail Akhlas, Jakarta – Indonesia has raised 100 billion yen (US$930 million) from the issuance of five-tranche samurai bonds to help the government cover the fiscal deficit and
Taxation & State Budget
Displaying 151 - 200 of 363 Documents
July 3, 2020
July 2, 2020
Adrian Wail Akhlas, Jakarta – Several administrative issues have hampered the government's efforts to disburse COVID-19 funds swiftly, Finance Minister Sri Mulyani Indrawati has said,
July 1, 2020
Jakarta – The Transportation Ministry has denied a rumor about the government's plan to impose a tax on cyclists due the rising popularity of cycling amid the loosening of social restr
June 30, 2020
Adrian Wail Akhlas, Jakarta – The Taxation Directorate General has unveiled the criteria for technology firms expected to collect value-added tax (VAT), including the transaction value
June 28, 2020
Thereis Kalla, Nabil Alfaruq, Jakarta – Some of Indonesia's listed companies will enjoy a lower income tax rate of 19 percent this year and next year, with a further 3 percent cut star
June 26, 2020
Adrian Wail Akhlas, Jakarta – Nearly 400,000 individual and corporate taxpayers have applied for tax incentives as the coronavirus pandemic has disrupted economic activity, according t
Adrian Wail Akhlas, Jakarta – President Joko "Jokowi" Widodo signed Wednesday Perpres No.
June 25, 2020
Yunindita Prasidya, Jakarta – The World Bank has advised Indonesia to increase its human capital spending and improve the quality of that expenditure as the country pushes for economic
June 21, 2020
Jakarta – The government has granted tax cuts and incentives to individuals or companies involving in the national efforts of Covid-19 pandemic mitigation from March to September, in a
June 17, 2020
Adrian Wail Akhlas, Jakarta – The government has again increased its planned spending on Indonesia's battle against the COVID-19 pandemic amid plunging tax revenue and a widening state
June 16, 2020
Adrian Wail Akhlas and Eisya A.
June 8, 2020
Moch.
Adrian Wail Akhlas, Jakarta – Indonesia's 2020 budget deficit will widen further to accommodate a larger stimulus package, but economists and business representatives say it will still
June 5, 2020
Triyan Pangastuti, Jakarta – Indonesia's state budget deficit is set to widen further this year as the government projects lower tax revenue despite bills piling up for its Covid-19 mi
June 4, 2020
Adrian Wail Akhlas, Jakarta – The government unveiled on Wednesday a bigger stimulus package worth Rp 677.2 trillion (US$47.6 billion) to anchor the virus-battered economy, the growth
May 29, 2020
Tara Marchelin, Jakarta – Indonesia's Supreme Audit Agency, or BPK, plans to audit how regional governments have been reallocating their budget for Covid-19 mitigation starting next mo
May 19, 2020
Diana Mariska, Jakarta – The Finance Ministry has projected the government to post its biggest deficit in at least three decades this year as a combined result of shrinking state reven
April 23, 2020
Lenny Tristia Tambun, Jakarta – The government would soon extend a series of tax breaks issued to counter the economic impact of the coronavirus pandemic to all sectors, eyeing to inje
April 21, 2020
Norman Harsono, Jakarta – The government is pushing regencies to slash street lighting taxes (PPJ) for 31 million of Indonesia's poorest homes in helping them weather the economic shoc
April 17, 2020
Adrian Wail Akhlas, Jakarta – Indonesia's state budget deficit fell to Rp 76.4 trillion (US$4.94 billion) in the first quarter of 2020 as revenue grew significantly from a year earlier
April 14, 2020
Rizki Fachriansyah, Jakarta – President Joko "Jokowi" Widodo has urged local administrations to reallocate their respective regional budgets (APBD) to fund the ongoing COVID-19 mitigat
April 13, 2020
Dewi Nurita, Dio Suhenda (Intern Translator), Jakarta – The Ministry of Home Affairs (Kemendagri) noted that a number of regions have yet to report the alterations made to their region
April 8, 2020
Farida Susanty, Jakarta – The government's move to roll out the legal basis for imposing taxes on digital companies operating in Indonesia might just be the beginning of its struggle g
April 6, 2020
Adrian Wail Akhlas, Jakarta – State revenue is expected to nosedive this year as the government rolls out tax incentives, including corporate income tax cuts, amid the COVID-19 outbrea
April 1, 2020
Eisya A.
March 24, 2020
Adrian Wail Akhlas, Jakarta – The House of Representatives has urged the government to issue a government regulation in lieu of law (Perppu) to revise the 2020 state budget, expand the
March 20, 2020
Adrian Wail Akhlas, Jakarta – The government will reallocate Rp 62.3 trillion (US$3.9 billion) of state spending from the 2020 budget to tackle COVID-19, focusing on health care, the d
March 18, 2020
Adrian Wail Akhlas, Jakarta – "FILE YOUR TAX RETURNS." As if once is not enough, this message is repeated three times in gigantic lettering on billboards across Indonesia.
March 16, 2020
Adrian Wail Akhlas, Jakarta – The Taxation Directorate General has cancelled direct face-to-face services and is advising all taxpayers to use online facilities for filing their annual
March 13, 2020
Beritasatu, Jakarta – The government on Friday provided some details on new tax breaks issued as part of a fiscal stimulus to prop up the economy during the coronavirus pandemic, sayin
March 12, 2020
Adrian Wail Akhlas, Jakarta – Workers in the manufacturing industry will not have to pay income taxes for six months as the government has announced measures to shield the economy from
March 4, 2020
Jakarta (AFP) – No one was more surprised to learn that Dimas Prayitno owned a Rolls-Royce than the 21-year-old Indonesian himself, who was baffled when told he owed US$15,000 (S$20,80
February 24, 2020
Adrian Wail Akhlas, Jakarta – The upcoming government-initiated landmark bill on taxation is expected to simplify tax regulations and boost investment in Indonesia as it proposes corpo
February 19, 2020
Adrian Wail Akhlas, Jakarta – Indonesia is planning to impose an excise on plastics, fossil-fuel vehicles and sweet drinks in a move aimed at reducing their adverse environmental and h
February 5, 2020
Maikel Jefriando, Jakarta – The Indonesian government has submitted a sweeping tax bill to parliament that proposes corporate tax cuts and seeks to make internet giants pay more taxes,
February 4, 2020
Lenny Tristia Tambun, Bogor, West Java – Indonesia and Singapore have updated their 29-year old bilateral tax treaty, lowering the tax rate on royalties and net income of companies ope
January 31, 2020
Adrian Wail Akhlas, Jakarta – The World Bank has called on the government to strengthen tax collection to stimulate growth amid tax reforms plans that will lower tax revenue.
January 17, 2020
Dili – The parliament of Timor-Leste rejected the new proposal of the government for the state budget.
January 7, 2020
Adrian Wail Akhlas, Jakarta – Indonesia's 2019 state budget deficit totaled 2.2 percent of gross domestic product (GDP), wider than the government's target of 1.8 percent due a revenue
December 24, 2019
Dyaning Pangestika, Jakarta – Local K-pop fans have expressed their disappointment on social media after the government slapped import tariffs on more e-commerce goods.
Nasori, Jakarta – The Customs Office has tightened the rules for e-commerce imports on Monday as part of a concerted effort to protect local small businesses producing shoes, bags and
Caesar Akbar, Jakarta – Customs Director-General at Finance Ministry Heru Pambudi announced that imported books are exempted from duty and tax including VAT or value-added tax and inco
December 19, 2019
Adi Ahdiat, Jakarta – The government has a responsibility to advance public healthcare, enlighten national life and create social justice.
December 18, 2019
Jakarta – The Indonesian government has delayed the handover of a sweeping tax Bill to Parliament until January, a month behind its earlier target, an official said on Wednesday (Dec 1
December 17, 2019
Heru Andriyanto, Surabaya – The East Java Police have seized fourteen luxury cars worth billions of rupiah for a lack of valid ownership documents and unpaid taxes in recent operations
December 11, 2019
Karlis Salna – Indonesia's cabinet is discussing amending a legally imposed cap on the budget deficit, which would allow the government to spend and borrow more to stimulate growth in
December 6, 2019
A.N.
Jakarta – The Jakarta Tax and Levy Agency (BPRD) and the Jakarta Police are conducting joint raids on the homes of luxury car owners as part of the city administration's efforts to col
December 5, 2019
Marchio Irfan Gorbiano, Jakarta – The government will expand its tax incentive program to cover more business sectors as part of its efforts to attract investment.
December 4, 2019
M Rosseno Aji, Jakarta – Jakarta's Tax and Levy Agency (BPRD) in conjunction with the Metro Jaya Police commenced an operation to collect tax arrears owed by luxury car owners on Tuesd