Eisya A.

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

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

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

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

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

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

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

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

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

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

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

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

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 – 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

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