Harumbi Prastya Hidayahningrum, Jakarta – West Java Governor Dedi Mulyadi has responded to Finance Minister Purbaya Yudhi Sadewa's statement alleging that several regional governments,
Taxation & State Budget
Displaying 1 - 50 of 621 Documents
October 21, 2025
Arnoldus Kristianus, Jakarta – Indonesia's regional revenue stood at Rp 253.36 trillion ($15.27 billion) as of September 2025, down 10.86 percent from a year earlier, prompting the gove
October 20, 2025
Ilona Estherina, Jakarta – The Director General of Taxes at the Ministry of Finance, Bimo Wijayanto, said the implementation of e-commerce tax is postponed, after Finance Minister Purba
Arnoldus Kristianus, Jakarta – The Finance Ministry has raised the alarm over more than Rp 254.3 trillion ($15.3 billion) in unused regional funds sitting in bank accounts.
October 17, 2025
Chandra Adi Nurwidya, Yogyakarta – Sri Sultan Hamengku Buwono X, the Sultan and Governor of Yogyakarta, has expressed disappointment over the Rp 700 billion ($42 million) reduction in c
October 16, 2025
Vinnilya Huanggrio, Jakarta – The Indonesian government should consider lowering its value-added tax (VAT) rate to strengthen competitiveness in Southeast Asia and narrow the gap with V
October 15, 2025
Muhammad Farhan, Addin Anugrah Siwi, Jakarta – Finance Minister Purbaya Yudhi Sadewa clarified on Tuesday that the reported return of Rp 70 trillion ($4.2 billion) in unused funds by th
October 12, 2025
Addin Anugrah Siwi, Bogor, West Java – The Indonesian government is stepping up efforts to meet its 2025 tax revenue target of Rp 2,076.9 trillion ($125 billion) during the final three
September 24, 2025
Hanif Musyaffa, Jakarta – Vid Adrison, an economist at the Institute for Economic and Social Research, Faculty of Economics and Business, University of Indonesia (LPEM FEB UI), has warn
Arnoldus Kristianus, Jakarta – The House of Representatives on Tuesday passed the 2026 State Budget Law in a plenary session attended by Finance Minister Purbaya Yudhi Sadewa.
September 23, 2025
Alfi Dinilhaq, Jakarta – The House of Representatives (DPR) on Tuesday approved the 2026 state budget (APBN) in its fifth plenary session, marking the first budget under President Prabo
Jayanty Nada Shofa, Jakarta – Indonesia is working on non-fiscal incentives to offset the impact of the global minimum tax or GMT so the country remains attractive to foreign investors.
September 22, 2025
Daniel Ahmad Fajri, Jakarta – The Chair of the National Commission for Tobacco Control, Hasbullah Thabrany, has strongly criticized Finance Minister Purbaya Yudhi Sadewa's recent statem
September 19, 2025
Jayanty Nada Shofa, Jakarta – Finance Minister Purbaya Yudhi Sadewa disapproves of tax amnesties, as the senior economist feared forgiveness would only build a bad habit among Indonesia
Akmalal Hamdhi, Jakarta – Indonesia's 2026 state budget plan has undergone significant revisions less than two weeks after the appointment of Finance Minister Purbaya Yudhi Sadewa, mark
September 18, 2025
Aqila Izatul Rahman, Jakarta – The Association of All Indonesian Workers (Aspirasi) welcomes the government's policy to expand tax incentives for employees with incomes below Rp10 milli
Ilona Estherina, Jakarta – The Indonesian House of Representatives (DPR) Budget Committee has approved an increase to the 2026 state budget deficit, raising it from Rp638.8 trillion to
September 12, 2025
Antara, Jakarta – Starting in 2026, Industry Ministry will no longer continue incentives for battery electric vehicles (BEVs) imported as completely built-up (CBU) units into the domest
September 11, 2025
Antara, Jakarta – Director General of Tax at the Finance Ministry, Bimo Wijayanto, reported that Indonesia's tax revenue by the end of July 2025 was Rp990 trillion.
September 8, 2025
Jayanty Nada Shofa, Jakarta – Purbaya Yudhi Sadewa, the successor to Indonesia's second-longest-serving finance minister, Sri Mulyani, is already facing calls to tax the crazy rich and
September 2, 2025
Nandito Putra, Jakarta – Finance Minister Sri Mulyani Indrawati announced that the government will not impose new taxes or raise tax rates in 2026.
August 28, 2025
Antara, Jakarta – Indonesian President Prabowo Subianto on Thursday delivered a sharp rebuke to business owners who exploit natural resources while avoiding tax obligations and damaging
August 26, 2025
Ilham Oktafian, Jakarta – The Home Affairs Ministry has ordered regional leaders to roll back steep hikes in land and building taxes (PBB) after protests over the issue turned violent i
August 23, 2025
Hendrik Yaputra, Jakarta – President Prabowo Subianto spoke up against budget leaks within the government, where the allotted budget is significantly bigger than what is received in ret
August 22, 2025
Dio Suhenda, Jakarta – In an attempt to ease discontent over reports of steep property tax hikes in several regions, the government has scrambled to keep regional heads from making poli
Arnoldus Kristianus, Jakarta – Indonesia's balance of payments (BOP) swung into a deep deficit of $6.7 billion in the second quarter of 2025, the steepest shortfall since Q2 2023 when i
August 20, 2025
Prisma Ardianto, Heru Andriyanto, Jakarta – Indonesia is stepping up efforts to widen its tax base and tap into the shadow economy as it seeks to raise Rp 2,357.7 trillion ($145.6 billi
Jakarta – Amass protest against a property tax hike on Tuesday turned violent in Bone regency, South Sulawesi, leaving four Public Order Agency (Satpol PP) personnel and two police offi
August 19, 2025
Anastasya Lavenia Yudi, Jakarta – Indonesian government plans to raise new debt of Rp781.9 trillion in 2026, with the debt-to-Gross Domestic Product (GDP) ratio projected at 39.96 perce
August 18, 2025
Jayanty Nada Shofa, Jakarta – An analyst said Monday that Indonesia's low tax ratio could stem from the sizable shadow economy and tax evasion by large corporations.
Arnoldus Kristianus, Jakarta – Indonesia's ambitious plan to raise Rp 2,357.7 trillion ($145.6 billion) in tax revenue by 2026 will likely force the government into a tougher stance on
Arnoldus Kristianus, Alfida Rizky Febrianna, Jakarta – Sharp hikes in land and building taxes in several regions in Java are fueling public anger and political turmoil, with residents i
Ilona Estherina, Jakarta – Indonesia's Finance Minister Sri Mulyani Indrawati has confirmed that the government's debt-to-GDP ratio target for 2026 will remain at 39.96 percent, the sam
Anastasya Lavenia Yudi, Jakarta – Researcher at the Centre for Strategic and International Studies (CSIS), Riandy Laksono, said a zero percent deficit or balanced budget is unnecessary.
Jakarta – After receiving a strong backlash for his bold fiscal policies in the first months of his administration, President Prabowo Subianto is going conservative in the 2026 state bu
August 16, 2025
Eka Yudha Saputra, Jakarta – The Advocacy Democracy on Tax Justice (TAUD-SKP) considers the Constitutional Court's decision to reject the lawsuit against the regulation governing value-
August 15, 2025
Yustinus Paat, Arnoldus Kristianus, Bambang Ismoyo, Jakarta – President Prabowo Subianto on Friday laid out a 2026 state budget blueprint that aims to shrink the fiscal deficit, ramp up
August 14, 2025
Jayanty Nada Shofa, Jakarta – The Asian Development Bank (ADB) announced Thursday that it had green-lit a $500 million policy-based loan for Indonesia to improve its tax collection.
August 12, 2025
Nandito Putra, Jakarta – Minister of Energy and Mineral Resources Bahlil Lahadalia reports that non-tax state revenue (PNBP) realization from the energy sector so far this year has reac
Arnoldus Kristianus, Jakarta – Indonesia could generate more than Rp 81 trillion ($5 billion) in additional revenue by imposing a wealth tax on just its 50 richest individuals, accordin
August 8, 2025
Jamaah, Pati, Central Java – The regent of Pati, Sudewo, has revoked a 250 percent increase in property taxes following mounting public protests and pledged to refund residents who had
August 1, 2025
Wahyu Sahala Tua, Jakarta – Indonesian car owners pay up to ten times more in annual vehicle taxes than their Malaysian counterparts, a disparity that industry leaders say is discouragi
July 23, 2025
Prisma Ardianto, Jakarta – Indonesia's Finance Minister Sri Mulyani Indrawati said the country's fiscal deficit for 2025 is now expected to widen to 2.78 percent of GDP, up from the ear
July 22, 2025
Akmalal Hamdhi, Bambang Ismoyo, Jakarta – Finance Minister Sri Mulyani Indrawati said Tuesday that nearly 1,000 civil servants at the Finance Ministry have been laid off as part of the
July 14, 2025
Arnoldus Kristianus, Jakarta – Indonesia's external debt stood at $435.6 billion as of May 2025, marking a 6.8 percent increase from the same period last year, according to Bank Indones
July 9, 2025
Erfan Maruf, Jakarta – The Public Works Ministry has requested an additional Rp 12.5 trillion ($768.9 million) for its 2025 budget, raising the total to Rp 86.3 trillion ($5.3 billion),
July 8, 2025
Ruth Dea Juwita, Jakarta – Indonesia's fiscal deficit is projected to swell beyond the initial forecast for this year as weak tax receipts coincide with a surge in second-half spending
July 7, 2025
Anastasya Lavenia Yudi, Jakarta – A senior economist at Bright Institute, Awalil Rizky, assessed that the projected 2025 State Budget deficit of Rp662 trillion, or 2.78 percent of Gross
July 4, 2025
Adil Al Hasan, Jakarta – Finance Minister Sri Mulyani Indrawati has said that the 2025 State Expenditure and Revenue Budget (APBN) faces significant challenges, not only from global eco
