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Taxation & State Budget

Displaying 1 - 25 of 247 Documents

November 20, 2020

November 5, 2020

Jakarta Post - November 5, 2020

Adrian Wail Akhlas, Jakarta – The government has once again adjusted its Rp 695.2 trillion (US$47 billion) pandemic stimulus to include funding for a sovereign wealth fund, vaccine proc

October 28, 2020

Jakarta Post - October 28, 2020

Adrian Wail Akhlas, Jakarta – Tax incentives stipulated in the recently passed Job Creation Law have raised questions among economists over whether they can attract investment and boost

October 27, 2020

Jakarta Post - October 27, 2020

Adrian Wail Akhlas, Jakarta – As only Rp 30 trillion (US$2.04 billion) of the government's tax breaks for businesses and individuals had been realized to date, far below its intended ta

October 22, 2020

Jakarta Post - October 22, 2020

Adrian Wail Akhlas, Jakarta – Indonesia needs broad-based tax reform to boost its revenue in the long run so that the country can minimize the impact of spending adjustments and fund it

October 19, 2020

Jakarta Post - October 19, 2020

Adrian Wail Akhlas, Jakarta – The government will not slash the vehicle tax (PKB) on new cars for individuals and businesses to zero percent this year, Finance Minister Sri Mulyani Indr

October 12, 2020

Jakarta Post - October 12, 2020

Adrian Wail Akhlas, Jakarta – Indonesia has added eight more technology companies to a list of "VAT collectors" – businesses that must charge 10 percent value-added tax (VAT) on all goo

October 2, 2020

Jakarta Post - October 2, 2020

Dzulfiqar Fathur Rahman, Jakarta – The Indonesian government has disbursed Rp 304.6 trillion (US$20.5 billion), or 43.8 percent of the Rp 695 trillion national economic recovery (PEN) b

September 23, 2020

Jakarta Post - September 23, 2020

Dzulfiqar Fathur Rahman, Jakarta – House of Representatives Commission IV approved on Monday a vastly increased Agriculture Ministry budget that is aimed at supporting the national econ

September 22, 2020

Jakarta Post - September 22, 2020

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

September 15, 2020

Jakarta Post - September 15, 2020

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

Jakarta Post - September 15, 2020

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

September 14, 2020

Indonesia at Melbourne - September 14, 2020

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

September 11, 2020

Jakarta Post - September 11, 2020

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

Reuters - September 11, 2020

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

September 9, 2020

Reuters - September 9, 2020

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%

September 2, 2020

Jakarta Post - September 2, 2020

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

August 27, 2020

Jakarta Post - August 27, 2020

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

August 26, 2020

Jakarta Post - August 26, 2020

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

August 25, 2020

Jakarta Post - August 25, 2020

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

August 21, 2020

Jakarta Post - August 21, 2020

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

August 15, 2020

Jakarta Globe - August 15, 2020

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

August 14, 2020

Jakarta Post - August 14, 2020

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

August 13, 2020

Jakarta Post - August 13, 2020

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

August 7, 2020

Jakarta Post - August 7, 2020

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