Arnoldus Kristianus, Jakarta – The government collected Rp 183.2 trillion ($12 billion) in customs and excise revenues as of Aug.
Taxation & State Budget
Displaying 1 - 50 of 418 Documents
September 23, 2024
Ilham Oktafian, Jakarta – Weak passwords and negligence in accessing the data center may have contributed to a recent breach of the taxpayer identification number database, a senior off
September 20, 2024
Arnoldus Kristianus, Jakarta – Indonesia has signed the Multilateral Instrument Subject to Tax Rule (MLI STTR) alongside leaders from 42 other countries and jurisdictions.
Yustinus Paat, Jakarta – The government's tax exemption for home purchases has been officially extended through December 2024.
Alfida Rizky Febrianna, Jakarta – The Directorate General of Taxes (DJP) under the Finance Ministry has denied allegations of a data leak involving the Taxpayer Identification Numbers (
September 19, 2024
Arnoldus Kristianus, Yustinus Paat, Jakarta – The House of Representatives (DPR) has approved the 2025 State Budget (APBN) totaling Rp 3,621 trillion (USD 237.4 billion), which will be
Alfi Dinilhaq, Herman, Jakarta – A total of 6 million Indonesian taxpayer-identification numbers (NPWP) have reportedly been leaked and sold for US$10,000 on the Breach Forum website by
Arnoldus Kristianus, Jakarta – Finance Minister Sri Mulyani Indrawati on Thursday directed the tax directorate to launch an internal investigation following reports of a data breach aff
September 13, 2024
Ilona Estherina, Jakarta – The Directorate General of Taxes at the Indonesian Ministry of Finance recorded tax revenues from the digital economy sector reaching Rp27.85 trillion from 20
Jakarta – The Commission VI of the House of Representatives has approved the 2025 budget plans for BP Batam, the city's development agency, earlier this week.
September 10, 2024
Arnoldus Kristianus, Jakarta – The State Finance Accountability Committee (BAKN) of the House of Representatives (DPR) has proposed an excise on sugar-sweetened beverages (SSBs) at 2.5
August 29, 2024
Faisal Maliki Baskoro, Jakarta – The House of Representatives (DPR) and the government have agreed on the 2025 State Budget assumptions, setting the rupiah exchange rate at Rp 16,000 pe
August 28, 2024
Tenggara Strategics, Jakarta – President Joko "Jokowi" Widodo presented the draft state budget (RAPBN) for the 2025 fiscal year to the House of Representatives on Aug.
August 26, 2024
Arnoldus Kristianus, Alfida Rizky Febrianna, Jakarta – The 2025 Draft State Budget (RAPBN) integrates the programs of President-elect Prabowo Subianto and Vice President-elect Gibran Ra
August 21, 2024
Arnoldus Kristianus, Jakarta – The government has set a goal to collect Rp 2,189.3 trillion (around $141 billion) in tax revenue next year.
August 20, 2024
Arnoldus Kristianus, Jakarta – The Indonesian Democratic Party of Struggle (PDI-P) faction has urged the government to reconsider its macroeconomic assumptions regarding the rupiah's ex
August 19, 2024
Jakarta – The 2025 draft budget is here, and this will be president-elect Prabowo Subianto's first.
August 16, 2024
Arnoldus Kristianus, Jakarta – The Indonesian government has designated Rp 525 trillion ($33.45 billion) for subsidies and compensation in the 2025 Draft State Budget (APBN), according
Jayanty Nada Shofa, Jakarta President Joko "Jokowi" Widodo has proposed a government budget of Rp 3,613.1 trillion (around $230 billion) in 2025, which will be his successor Prabowo Sub
August 15, 2024
Deni Ghifari, Jakarta – President Joko "Jokowi" Widodo is scheduled to deliver before the People's Consultative Assembly on Friday the annual State of the Nation Address as well as the
August 14, 2024
Tenggara Strategics, Jakarta – President Joko "Jokowi" Widodo has been trying to facilitate a smooth transition of power for his successor Prabowo Subianto by various means, but accommo
August 7, 2024
Deni Ghifari, Jakarta – President Joko "Jokowi" Widodo said next year's state budget must cater to all programs planned by president-elect Prabowo Subianto in view of global economic ri
July 24, 2024
Arnoldus Kristianus, Jakarta – The Directorate General of Customs and Excise (DJBC) under the Finance Ministry is considering imposing excise duties on concert tickets, luxury homes, fa
July 22, 2024
Alfida Rizky Febrianna, Jakarta – Finance Minister Sri Mulyani Indrawati announced that the Coal Management Information System (Simbara), an online tracking system for mining activities
July 11, 2024
Jakarta – President Joko Widodo's decision to force through an allocation of Rp71 trillion to cover the costs of the free milk and nutritious meal program in the 2025 Draft State Budget
Jakarta – Indonesian President-elect Prabowo Subianto will allow the nation's debt-to-GDP ratio to rise to 50 per cent provided his administration can boost tax revenues, the Financi
Ilona Estherina, Jakarta – Executive Director of the Institute for Development of Economics and Finance (INDEF), Esther Sri Astuti, said the construction of Nusantara Capital City, or I
July 10, 2024
Jayanty Nada Shofa, Jakarta – President Joko "Jokowi" Widodo does not want Indonesia's regents to spend the hard-earned government money on imports.
July 9, 2024
Deni Ghifari, Jakarta – The central government's fiscal deficit this year is projected to be much larger than planned as the state is set to spend more but collect less in tax than laid
July 8, 2024
Arnoldus Kristianus, Jakarta – The Finance Ministry reported a budget deficit of Rp 77.3 trillion, or 0.34 percent of GDP, in the first half of 2024.
Jakarta – Indonesia's budget deficit this year is estimated at 2.7 per cent of gross domestic product, higher than the government's 2.29 per cent target, as state spending is expected t
Muhammad Aulia Rahman, Jakarta – Home Affairs Minister Tito Karnavian criticized provincial and municipal governments on Monday for inefficient budget management, stating that they spen
July 7, 2024
Antara, Jakarta – Indonesia's Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan said the budget for the Nusantara Capital City (IKN) project and Prabowo'
June 27, 2024
Thomas E Harefa, Jakarta – Indonesia is still far from being halfway through its tax revenue target as the populous country has only collected Rp 760.38 trillion (about $46.3 billion) s
June 26, 2024
Han Revanda Putra, Jakarta – The Director of the Institute for Demographic and Poverty Studies (IDEAS), Yusuf Wibisono, advised President-elect Prabowo Subianto to focus the State Budge
June 25, 2024
Han Revanda Putra, Ilona Estherina, Jakarta – Director of the Institute for Demographic and Poverty Studies (IDEAS), Yusuf Wibisono, advised President-elect Prabowo Subianto to evaluate
June 24, 2024
Arnoldus Kristianus, Jakarta – Finance Minister Sri Mulyani revealed Monday that Indonesia had amassed Rp 1,123.5 trillion (around $68.4 billion) in state revenue so far this year as of
June 23, 2024
Jakarta – Finance Minister Sri Mulyani has called for president-elect Prabowo Subianto to safeguard the state budget while planning upcoming programs.
June 21, 2024
Monique Handa Shafira, Jakarta – The digital economy sector has contributed Rp 25 trillion ($1.5 billion) to government tax revenues in the past four years and five months, according to
June 18, 2024
Yustinus Paat, Jakarta – Some top government officials are split over how much Indonesia should set its state budget deficit for next year, although senior minister Airlangga Hartarto s
June 17, 2024
Pribadi, Sukma Kanthi Nurani, Jakarta – Several ministries and agencies have requested additional budgets for 2025, including costs for relocating to the new capital city, Nusantara (IK
June 14, 2024
Faris Mokhtar and Grace Sihombing – Indonesia's President-elect Prabowo Subianto plans to fund his spending promises by steadily increasing the debt ratio to its highest in two decades.
June 4, 2024
Arnoldus Kristianus, Jakarta – The Indonesian government has decided that the state budget deficit for 2025 should not be more than 2.82 percent of the gross domestic product (GDP).
May 28, 2024
Ilona Estherina, Jakarta – Minister of Finance Sri Mulyani explained that the State Budget (APBN) in April 2024 experienced a surplus worth Rp75.7 trillion or equal to 0.33 percent of t
May 23, 2024
Jakarta – The government has cut taxes for exporters who converted their earnings to rupiah in a new regulation issued this week aimed at boosting foreign exchange supply.
May 16, 2024
Arnoldus Kristianus, Jakarta – The Indonesian Employers Association (Apindo) has raised concerns about the government's decision to increase the Value Added Tax (VAT) rate to 12 percent
Jayanty Nada Shofa, Jakarta – President-elect Prabowo Subianto recently revealed he had no plans of raising the 3 percent budget deficit cap to accommodate his flagship policy of feedin
May 12, 2024
Annisa Febiola and Riani Sanusi Putri, Jakarta – Minister of Economic Affairs Airlangga Hartarto has spoken out about the government's plan to increase the value-added tax or VAT to 12
May 3, 2024
Amelia Rahima Sari, Jakarta – The Indonesian Chamber of Commerce and Industry (Kadin) urged the government to be careful in realizing the plan to establish a State Revenue Agency.
April 26, 2024
Arnoldus Kristianus, Jakarta – Finance Minister Sri Mulyani Indrawati announced that as of March 31, Indonesia's state budget (APBN) maintained a surplus of Rp 8.1 trillion ($499.2 mill