Jayanty Nada Shofa, Jakarta – The government will roll out an income tax incentive package for people working in the labor-intensive industries as a means to cushion Indonesia's middle

Arnoldus Kristianus, Jakarta – The value-added tax (VAT) hike to 12 percent will officially enter into force in January 1, according to Chief Economic Affairs Minister Airlangga Hartart

Grace Sihombing and Eko Listiyorini – Indonesia will proceed with its value-added tax hike in 2025, while offering a raft of incentives to mitigate the impact on consumption and economi

Alfida Rizky Febrianna, Arnoldus Kristianus, Jakarta – The Indonesian government has unveiled a series of economic stimulus packages totaling Rp 827 trillion ($51.65 billion) for 2025,

Jayanty Nada Shofa, Jakarta – Indonesia announced Monday that it would roll out a tax incentive for hybrid cars in an attempt to reduce the country's carbon emissions.

Prima Wirayani – At least one in four firms in Indonesia evaded tax last year, according to a World Bank survey.

Arnoldus Kristianus, Jakarta – Indonesia is set to announce a new economic policy package on Monday, according to Chief Economic Affairs Airlangga Hartarto.

Nabiila Azzahra, Jakarta – The Finance Ministry is currently finalizing the regulations for the 12 percent value-added tax (VAT) that will be implemented starting next year.

Arnoldus Kristianus, Jakarta – The state budget recorded a deficit of Rp 401.8 trillion ($25.2 billion) as of November, but Finance Minister Sri Mulyani Indrawati said on Wednesday that

Jakarta – President Prabowo Subianto and his administration owe the public an explanation regarding the push and pull of his plan to consolidate the tax office and the customs and excis

Alfida Rizky Febrianna, Jakarta – Economist Achmad Nur Hidayat recently said that the government should clearly state what sort of "luxury goods" would be subject to the upcoming value-

Alfida Rizki Febrianna, Jakarta – The government's assurance that a higher value-added tax (VAT) will apply only to luxury goods, and thus spare low-income families, is being met with s

Medikantyo Adhikresna, Jakarta – The government's plan to implement a 12 percent value-added tax (VAT) in 2025 is feared to reduce automotive sales due to price increases.

Yustinus Paat, Jakarta – Amid growing public resistance to the planned increase in value-added tax (VAT), a close ally of President Prabowo Subianto clarified on Friday that specific go

Vinnilya, Jakarta – The textile industry is bracing for further hardship as a planned increase in Value Added Tax (VAT) to 12 percent takes effect in January 2025, potentially exacerbat

Mita Amalia Hapsari, Jakarta – The government is now trying to find the middle ground following huge backlash to the 12-percent value added tax (VAT) plans, according to President Prabo

Bella Evanglista Mikaputri, Jakarta – The government will proceed with plans to increase the value-added tax (VAT) rate from 11 percent to 12 percent on January 1, 2025, despite growing

Bella Evanglista, Kupang – President Prabowo Subianto called on government officials to reduce business trips and ceremonial events that use state funds.

Jayanty Nada Shofa, Jakarta – A consumer protection association recently proposed sugary drink excise as a sweet alternative to the controversial value-added tax (VAT) hike, citing that

Alfida Rizki Febrianna, Jakarta – The government's plan to increase the Value-Added Tax (VAT) from 11 percent to 12 percent in January is expected to further reduce Indonesia's middle-c

Jakarta – In response to broad public opposition, a number of officials have suggested pushing back a long-planned value added tax (VAT) hike meant to kick in at the turn of the year.

Jayanty Nada Shofa, Jakarta – The government would get much more money from seizing assets lost in corruption compared to raising the value-added tax or VAT, according to a retail assoc

Ilona Estherina, Jakarta – As the January 2025 deadline for the value-added tax (VAT) increase from 11% to 12% looms, uncertainty persists regarding the policy's implementation.

Heru Andriyanto, Basudiwa Supraja, Jakarta – Retail associations on Tuesday urged the government to reconsider its plan to increase the value-added tax (VAT) rate next year, as business

Alfida Rizky Febrianna, Jakarta – The government's efforts to reduce domestic airfares may face setbacks due to an impending increase in value-added tax (VAT), which is expected to rais

Ricki Putra Harahap, Yustinus Paat, Jakarta – The Indonesian government is considering the implementation of a planned Value-Added Tax (VAT) increase to 12 percent, scheduled for Januar

Antara, Jakarta – The Indonesian government is likely to delay the planned increase in the Value-Added Tax (VAT) rate to 12 percent, which was initially scheduled to take effect on Janu

Adil Al Hasan, Jakarta – Chair of the National Economic Council Luhut Binsar Pandjaitan has responded to the public outcry over the planned implementation of a 12% Value Added Tax (VAT)

Ricki Putra Harahap, Jakarta – The government's plan to raise the value-added tax, or VAT, is raising concerns from Indonesian car buyers, some even choosing to make their purchase befo

Hendro D – Situmorang, Muhammad Aulia Rahman, Jakarta.

Vendro Immanuel G, Jakarta – Economist from Segara Institute, Piter Abdullah, assessed that the increase of Value Added Tax (VAT) from 11% to 12% is feared to burden the middle class in

Monique Handa Shafira, Jakarta – Indonesia's plan to raise its value-added tax (VAT) to 12 percent in early 2025 is expected to disproportionately affect the middle class, according to

Vendro Immanuel G, Jakarta – The Indonesian Consumers Foundation (YLKI) expressed strong opposition to the government's plan to increase the Value-Added Tax (VAT) rate to 12%, scheduled

Yustinus Paat, Jakarta – Deputy Chair of Commission XI of the House of Representatives (DPR), Mohamad Hekal, said that no changes or delays to the upcoming Value Added Tax (VAT) increas

Juan Ardya Guardiola, Jakarta – The upcoming hike on value-added tax (VAT) has sparked worries among Indonesian hotels and restaurants with the industry association saying that it could

Monique Handa Shafira, Jakarta – The planned value-added tax (VAT) hike, set to take effect on January 1, may hinder national economic growth, which relies heavily on household consumpt

Arnoldus Kristianus, Jakarta – Amid plans to increase the Value Added Tax (VAT) from 11 percent to 12 percent, raising concerns among many Indonesians, the House of Representatives (DPR

Jakarta – Indonesia is considering the possibility of a new tax amnesty programme, a senior lawmaker said on Nov 19, which would be the country's third in the past decade despite critic

Vinnilya Huanggrio, Jakarta – The impending value-added tax (VAT) increase set to take effect next year is expected to exacerbate challenges for Indonesia's already struggling automotiv

Yustinus Paat, Jakarta – The proposed increase in the Value Added Tax (VAT) rate to 12 percent in 2025, which has faced widespread criticism, remains a topic of discussion and has not y

Vinnilya Huanggrio, Jakarta – The government should reconsider the plan to implement a hike in value-added tax next year because Indonesia currently has the highest VAT in Southeast Asi

Alfida Rizki Febrianna, Jakarta – The upcoming value-added tax (VAT) hike could take a huge toll on Indonesia's minimum wage earners, economist Achmad Nur Hidayat said in a recent inter

Alfida Rizki Febrianna, Jakarta – An expert recently said there are other ways to grow state revenue, including imposing excise on alcohol as the government is set to increase the value

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.