Alfida Rizky Febrianna, Jakarta – The government has prepared incentives for businesses opposing the increase of entertainment tax.

Yohana Belinda, Jakarta – Industry players are pressing for legal action against a recent hike to the entertainment tax, arguing that it will hinder their businesses and allow illegal a

Aditya Hadi, Jakarta – In order to turn their campaign promises into reality, the three presidential candidates have sought to boost state revenue by tweaking the country's taxation pol

Arnoldus Kristianus, Jakarta – The Finance Ministry has collected Rp 6.76 trillion ($435.5 million) in value-added tax (VAT) and income tax obtained from digital companies and services

Arnoldus Kristianus, Jakarta – Finance Minister Sri Mulyani Indrawati on Sunday claimed that the state budget has seen quality spending that is "worth every penny" throughout the year.

Faisal Maliki Baskoro, Jakarta – The Ministry of Finance has implemented a policy to levy a tax on electronic cigarettes (e-cigarettes), also known as vape, effective from Jan.

Jakarta – The campaign team for presidential candidate Prabowo Subianto and his running mate Gibran Rakabuming Raka says the candidates would consider taxing small and medium enterprise

BTV, Jakarta – A Finance Ministry official revealed on Tuesday that the cumulative state revenue has reached Rp 2,553.2 trillion ($164.8 billion) year-to-date, amounting to 96.8 percent

Antara, Jakarta – The Ministry of Finance said on Monday that the government will draw new debt totaling Rp648.1 trillion (US$41.8 million) in 2024 to close the deficit of projected sta

Deni Ghifari, Jakarta – Industry players have complained about a planned excise tax on plastic products and sweetened beverages, arguing it will not solve what it is intended to and wil

Riani Sanusi Putri, Jakarta – Indonesian Minister of Cooperatives and SMEs Teten Masduki confirmed that the current income tax rate or PPh of 0.5 percent for micro, small, and medium en

Jakarta – Indonesia's current account deficit narrowed in the third quarter as demand for exports recovered, the central bank said on Tuesday, with most economists expecting the central

Jakarta – A weaker rupiah may impose a burden on the state budget since it will increase the amount of fuel subsidies that the government has to pay to secure domestic fuel supplies, an

Agnes Valentina Christa, Lombok – A Finance Ministry official has said that the government's unexpected decision to exempt value-added tax (VAT) on home purchases priced up to Rp 2 bill

Riri Rahayu, Antara, Jakarta – Indonesian Investment Minister Bahlil Lahadalia confirmed that the government will keep granting tax holidays to attract foreign investors so long the glo

Jakarta – Indonesia will likely book a smaller-than-expected budget deficit this year, even after taking into account President Joko Widodo's new incentives to boost growth, which will

Jakarta (VNA) – Indonesia has placed new import duties on four types of products, with levies reaching some 40% of the product's value in certain cases.

Arnoldus Kristianus, Jakarta – As of August 31, the state budget has achieved a surplus of Rp 147.2 trillion ($9.6 billion), equivalent to 0.7 percent of the gross domestic product (GDP

Amy Heppy, Jakarta – Director of Communication and Publication of the Directorate General of Customs and Excise Nirwala Dwi Heryanto stated that tobacco products excise or cigarettes ex

Mutia Yuantisya, Jakarta – Jakarta Acting Governor Heru Budi Hartono stressed that Jakarta's Regional Budget or APBD was the lowest among other provinces in Java.

Arnoldus Kristianus, Jakarta – The Indonesian government announced on Friday that the state budget has achieved a surplus of Rp 153.6 trillion ($10 billion), which is equivalent to 0.72

Moh. Khory Alfarizi, Jakarta – Indonesia's non-tax state revenue (PNBP) amounted to Rp302.1 trillion at the end of June 2023, reflecting a 5.5 percent year-on-year growth.

Deni Ghifari, Jakarta – The Finance Ministry has warned that a slowing global economy could hurt Indonesia's budget, as weaker commodity exports take a toll on customs and excise as wel

Arnoldus Kristianus, Jakarta – The Indonesian state budget has reported an impressive surplus of Rp 152.3 trillion ($10 billion) in the first half of 2023, largely attributed to the att

Deni Ghifari, Jakarta – Lower world commodity prices will impact state revenue this year, the Finance Ministry has said, as the sector accounts for a significant portion of the governme

Jakarta – As President Joko "Jokowi" Widodo will soon enter the final year of his second and final tenure he does not need to resort to populist, yet imprudent, fiscal measures in the 2

Riani Sanusi Putri, Jakarta – The Indonesian Constitutional Court (MK) on Thursday officially moved the jurisdiction to organize court trials on taxes from Finance Ministry to the Supre

Amelia Rahima Sari, Jakarta – Finance Minister Sri Mulyani Indrawati on Monday said that Indonesia's tax revenue up to April reached a total of Rp 688.15 trillion, which she deemed a mo

Jayanty Nada Shofa, Jakarta – Indonesia recorded Rp 131.8 trillion, or about $8.6 billion, in budget surplus as of end-February 2023, according to Finance Minister Sri Mulyani.

Riri Rahayu, Jakarta – The Finance Minister's special staffer for communications Yustinus Prastowo on Thursday said it would be difficult to implement a wealth tax in the country due to

Why bother paying taxes if the people responsible for them are going to get up to no good?

Riani Sanusi Putri, Jakarta – The Finance Ministry's special staff for strategic communication Yustinus Prastowo on Wednesday elaborated on the Ministry's income tax (PPh) calculation s

Investor Daily, Jakarta – Indonesia's 2022 budget has recorded a deficit of 2.38 percent of the gross domestic product against the projected 4.5 percent, Finance Minister Sri Mulyani In

Antara, Jakarta – Finance Minister Sri Mulyani in a virtual press conference on Tuesday revealed that the government managed to collect Rp231.75 billion from the cryptocurrency tax from

Antara, Jakarta – Tax revenues swelled 41.93 percent year on year to reach Rp1.63 trillion as of December 14, 2022, Finance Minister Sri Mulyani Indrawati informed on Tuesday.

Arnoldus Kristianus, Jakarta – The government and state-owned enterprises, or SOEs, have spent a total of Rp 651.8 trillion or about $41.8 billion worth of local products for their proc

Investor Daily, Jakarta – Government spending is projected to reach Rp 3,061 trillion ($197 billion) for the fiscal year 2023 to anticipate a continued slowdown of the global economy an

Nabila Nursharifa (Intern), Jakarta – The National Committee for Tobacco Control on Monday proposes a government increase in tobacco excise tax with the aim of greatly reducing cigarett

Ima Dini Shafira, Jakarta – The House of Representatives (DPR) Defense Commission agreed on the Rp134 trillion 2023 budget that was proposed by the Ministry of Defense.

Jakarta – Jakarta Governor Anies Baswedan has introduced additional exemptions from the urban and rural land and building tax (PBB-P2) for land and buildings with a taxable value of pro

Jakarta – The government has taken a moderate approach to its spending next year amid global uncertainty caused by the inflation crisis and Russia-Ukraine War.

Antara, Jakarta – West Java Governor Ridwan Kamil on Wednesday talked about the number of vehicles that have paid their taxes in the region he leads He said that not even 50 percent of

Antara, Jakarta – The Finance Ministry's Special Staffer for Strategic Communication Yustinus Prastowo stated that the government would no longer hold tax amnesty programs such as the T

Hendartyo Hanggi, Jakarta (Bisnis) – Finance Minister Sri Mulyani Indrawati said the government pocketed Rp48 billion in tax on cryptocurrency transactions.

Jakarta – The government has reiterated its intention to implement a carbon tax this year despite having delayed the policy two times in April and earlier this month due to inflation an

Claire Jiao and Grace Sihombing – Most of Indonesia's pandemic-era fiscal incentives are set to expire at the end of the month, adding a new layer of challenge to the economy already fa

Muhammad Hendartyo, Jakarta – Coordinating Minister for the Economy Airlangga Hartarto said Indonesia planned to impose a cap and trade tax and offset or carbon tax on coal-fired power

Timor-Leste's president has expressed concern over the Catholic-majority country's budget allocation and stressed the importance of prioritizing people most affected by natural disaster

Jakarta – Forget, for a while, our commitment to reform the energy sector in light of our national pledge to reduce carbon emissions.