Adrian Wail Akhlas, Jakarta – Indonesia's state budget deficit swelled in August on the back of falling state revenue collection and increased government spending aimed at stimulating a

Mardika Parama, Jakarta – Industry Minister Agus Gumiwang Kartasasmita has urged Finance Minister Sri Mulyani Indrawati to temporarily exempt vehicle tax (PKB) for new cars until Decemb

Adrian Wail Akhlas, Jakarta – The government has only spent around Rp 237 trillion (US$15.92 billion) of the funds earmarked for economic stimulus during the COVID-19 outbreak, represen

Akhmad Misbakhul Hasan – As Covid-19 continues to advance into all provinces of Indonesia at a national rate of more than 3,000 new cases a day, the central government appears powerless

Jakarta – A key Indonesian parliamentary committee on Friday reached an agreement with the government to expand the 2021 budget deficit to 5.7% of gross domestic product, from 5.5% init

Adrian Wail Akhlas, Jakarta – Indonesia's tax office and its Australian counterpart have joined hands to exchange information as part of the latest efforts to fight tax avoidance, the T

Jakarta – Indonesia on Tuesday added 12 more companies, including social media firm Twitter and video-conferencing site Zoom, to a list of internet-based businesses that must pay a 10%

Adrian Wail Akhlas, Jakarta – The government will probably fail to meet its tax collection target, because economic activity slowed more than expected amid the coronavirus pandemic, Fin

Adrian Wail Akhlas, Jakarta – The government is seeking to improve its tax arrears accounting system after the Supreme Audit Agency (BPK) discovered irregularities in the existing arran

Adrian Wail Akhlas, Jakarta – Indonesia's economic recovery is "fragile" as state revenue weakened in July after an improvement recorded in the previous month, Finance Minister Sri Muly

Adrian Wail Akhlas, Jakarta – Indonesia recorded a budget deficit of Rp 330.2 trillion (US$22.4 billion), or 2 percent of gross domestic product (GDP), as of July as tax revenue fell fu

Yunindita Prasidya, Jakarta – The government is in a race against the clock to deliver funds to the public to cushion the impacts of the pandemic, but for new ministers the bureaucracy

Dion Bisara, Lenny Tristia Tambun, Jakarta – President Joko "Jokowi" Widodo has proposed an expansive state budget next year with a deficit of 5.5 percent of Indonesia's output as he s

Adrian Wail Akhlas, Jakarta – The government expects Indonesia's state budget deficit to remain wide next year to provide room for efforts to support economic recovery and structural r

Arya Dipa, Bandung, West Java – President Joko "Jokowi" Widodo has called on local administrations to accelerate their regional budget spending to help boost the economy after Indonesi

Adrian Wail Akhlas, Jakarta – The government is allocating Rp 10 trillion (US$684.72 million) this year to provide loans for regional administrations, while taking measures to step up

Dion Bisara, Jakarta – Global technology giants like Apple, Facebook, and TikTok have followed Netflix's footsteps to collect value-added tax on digital services or products they sold

Bisnis, Jakarta – Finance Minister Sri Mulyani announced on Wednesday the issuance of three revised economic stimuli covering business tax incentives, which come as a refinement and fo

Adrian Wail Akhlas, Jakarta – The government will raise its 2021 state budget deficit assumption to 5.2 percent of gross domestic product (GDP) to weather the uncertainties of the pand

Adrian Wail Akhlas, Jakarta – Indonesia recorded a Rp 257.8 trillion (US$17.5 billion) budget deficit in the first half of the year as the government seeks to bolster stimulus spending

Adrian Wail Akhlas, Jakarta – The government and the House of Representatives have agreed in principle on 2021 state budget assumptions with a deficit of 4.7 percent of gross domestic

Adrian Wail Akhlas, Jakarta – Indonesia has raised Rp 18.33 trillion (US$1.27 billion) from government retail bond issuance ORI-017, the Finance Ministry announced on Monday, the highe

Jakarta – There is a new item in President Joko "Jokowi" Widodo daily agenda now: looking at the day-to-day progress of the ministries state budget spending.

Jakarta (Bloomberg) – Indonesia's bureaucratic red tape is preventing almost US$50 billion (S$69.8 billion) in fiscal support from being disbursed to virus-hit businesses and healthcar

Jakarta – Indonesia imposed a 10% value-added tax on sales by technology firms including Amazon, Netflix, Spotify and Google on Tuesday, as spending patterns shift with increased remot

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

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,

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

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

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

Adrian Wail Akhlas, Jakarta – President Joko "Jokowi" Widodo signed Wednesday Perpres No.

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

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

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

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

Adrian Wail Akhlas and Eisya A.

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

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

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

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

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

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

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

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

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

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

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

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

Eisya A.