Whisnu Bagus Prasetyo, Jakarta – The government's plan to raise the value-added tax (VAT) to 12 percent will negatively impact exports, reduce household income, and increase unemploymen

Rama Sukarta, Jakarta – The Indonesian Shopping Center Management Association (APPBI) is urging the government to delay the planned increase in Value-Added Tax (VAT) to 12 percent on Ja

Iman Rahman Cahyadi, Jakarta – Finance Minister Sri Mulyani Indrawati confirmed on Thursday that the new value-added tax (VAT) rate of 12 percent will be implemented on January 1, in li

Faisal Maliki Baskoro, Jakarta – The Indonesian government is conducting a study on the underground economy, which encompasses tax evasion and other illegal activities.

Arnoldus Kristianus, Jakarta – The government has collected Rp 1,517.5 trillion ($96 billion) in tax revenue as of Oct.

Ilona Estherina, Jakarta – Indonesian Finance Minister Sri Mulyani Indrawati has reported that the state budget recorded a deficit of Rp309.2 trillion by the end of October 2024.

Jakarta – The Indonesian government has extended its tax holiday program until December 31, 2025, to attract more foreign investment.

Yustinus Paat, Jakarta – Deputy Finance Minister Anggito Abimanyu faces criticism following his recent suggestion to tax revenues from the underground economy, including online gambling

Han Revanda Putra, Petir Garda B, Jakarta – The Vice Chair of the Gerindra Party Advisory Council, Hashim Djojohadikusuma, claims the World Bank is ready to help Indonesia boost its tax

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

Arnoldus Kristianus, Jakarta – The government collected Rp 183.2 trillion ($12 billion) in customs and excise revenues as of Aug.

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 (

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.

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

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, 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

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.

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

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

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

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.

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

Arnoldus Kristianus, Jakarta – The government has set a goal to collect Rp 2,189.3 trillion (around $141 billion) in tax revenue next year.

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

Jakarta – The 2025 draft budget is here, and this will be president-elect Prabowo Subianto's first.

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

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

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

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

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

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

Alfida Rizky Febrianna, Jakarta – Finance Minister Sri Mulyani Indrawati announced that the Coal Management Information System (Simbara), an online tracking system for mining activities

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

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

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

Jayanty Nada Shofa, Jakarta – President Joko "Jokowi" Widodo does not want Indonesia's regents to spend the hard-earned government money on imports.

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

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

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'

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

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

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

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

Jakarta – Finance Minister Sri Mulyani has called for president-elect Prabowo Subianto to safeguard the state budget while planning upcoming programs.

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

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

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