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Taxation & State Budget

Displaying 1 - 50 of 351 Documents

February 9, 2024

Tempo - February 9, 2024

Jakarta – There is wide opposition to the entertainment tax increase this year and the 12 percent VAT from next year. This is a threat to the viability of businesses.

February 8, 2024

Jakarta Globe - February 8, 2024

Alfida Rizky Febrianna, Jakarta – Former Trade Minister Enggartiasto Lukita recently expressed concerns that the implementation of new entertainment taxes, reaching up to 75 percent, co

February 7, 2024

Jakarta Globe - February 7, 2024

Faisal Maliki Baskoro, Bali – Beginning Feb. 14, 2024, foreign tourists visiting Bali will be required to pay a tourist tax of Rp 150,000 ($10).

February 4, 2024

Al Jazeera - February 4, 2024

Madeline Croad, Jakarta, Indonesia – After spa therapist Murniyati survived COVID-19 on a sparse salary, she thought the worst was over.

February 1, 2024

Tempo - February 1, 2024

Annisa Febiola, Jakarta – Jakarta Chamber of Commerce and Industry (Kadin) chairperson, Diana Dewi, criticized the recent policy of the provincial government to increase the vehicle fue

January 30, 2024

Jakarta Globe - January 30, 2024

Arnoldus Kristianus, Jakarta – West Sumatra and West Java have joined Bali in implementing an entertainment tax of less than 40 percent for establishments like nightclubs, karaoke spots

January 29, 2024

Jakarta Globe - January 29, 2024

Alfida Rizky Febrianna, Jakarta – The Jakarta City Administration has doubled the Motor Vehicle Fuel Tax (PBBKB) from 5 percent to 10 percent, but according to an expert, the increase i

January 26, 2024

Jakarta Globe - January 26, 2024

Whisnu Bagus Prasetyo, Jakarta – Several employees in Jakarta have voiced their grievances as their salaries for this month have experienced a decrease.

January 25, 2024

Channel News Asia - January 25, 2024

Rhea Yasmine Alis Haizan, Singapore/Jakarta – A 40 per cent to 75 per cent entertainment tax on the price of certain goods and services may soon be implemented in Indonesia, much to the

January 23, 2024

Jakarta Globe - January 23, 2024

Alfida Rizky Febrianna, Jakarta – Leisure service providers won't obey the recent tax hikes until the Constitutional Court issues a ruling over a legal motion challenging the government

January 19, 2024

Jakarta Post - January 19, 2024

Yohana Belinda, Jakarta – The government has decided to postpone increasing the entertainment tax rate, which was slated to take effect this January, Coordinating Maritime Affairs and I

January 18, 2024

Jakarta Globe - January 18, 2024

Heru Andriyanto, Jakarta – Chief Investment Minister Luhut Binsar Pandjaitan has called for the suspension of the controversial tax hike on nightclubs, karaoke houses, and bars due to m

Jakarta Post - January 18, 2024

Henderi Gunadi, Jakarta – In the run-up to the presidential election on Feb.

January 17, 2024

Jakarta Globe - January 17, 2024

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

Jakarta Post - January 17, 2024

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

January 8, 2024

Jakarta Post - January 8, 2024

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

January 5, 2024

Jakarta Globe - January 5, 2024

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

December 31, 2023

Jakarta Globe - December 31, 2023

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.

December 30, 2023

Jakarta Globe - December 30, 2023

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.

December 29, 2023

Jakarta Post - December 29, 2023

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

December 19, 2023

Tempo - December 19, 2023

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

Jakarta Globe - December 19, 2023

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

December 7, 2023

Jakarta Post - December 7, 2023

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

November 28, 2023

Tempo - November 28, 2023

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

November 21, 2023

Reuters - November 21, 2023

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

November 9, 2023

Tempo - November 9, 2023
Antara, Jakarta – The Jakarta Regional Revenue Agency (Bapenda) planned to introduce a new policy on regional taxes and levies, which would see online shops or marketplaces providing food

November 6, 2023

Jakarta Post - November 6, 2023

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

October 27, 2023

Jakarta Globe - October 27, 2023

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

October 26, 2023

Tempo - October 26, 2023

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

October 25, 2023

Reuters - October 25, 2023

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

October 20, 2023

Vietnam Plus - October 20, 2023

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.

September 20, 2023

Jakarta Globe - September 20, 2023

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

September 15, 2023

Tempo - September 15, 2023

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

August 28, 2023

Tempo - August 28, 2023

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.

August 11, 2023

Jakarta Globe - August 11, 2023

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

July 25, 2023

Tempo - July 25, 2023

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.

July 13, 2023

Jakarta Post - July 13, 2023

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

July 4, 2023

Jakarta Globe - July 4, 2023

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

June 27, 2023

Jakarta Post - June 27, 2023

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

June 26, 2023

Jakarta Post Editorial - June 26, 2023

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

May 26, 2023

Tempo - May 26, 2023

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

May 23, 2023

Tempo - May 23, 2023

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

March 14, 2023

Jakarta Globe - March 14, 2023

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.

March 3, 2023

Tempo - March 3, 2023

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

March 2, 2023

Coconuts Jakarta - March 2, 2023

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

January 4, 2023

Tempo - January 4, 2023

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

January 3, 2023

Jakarta Globe - January 3, 2023

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

December 21, 2022

Tempo - December 21, 2022

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.

Tempo - December 21, 2022

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

December 14, 2022

Jakarta Globe - December 14, 2022

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