Yunindita Prasidya, Jakarta – The government is in a race against the clock to deliver funds to the public to cushion the impacts of the pandemic, but for new ministers the bureaucracy

Dion Bisara, Lenny Tristia Tambun, Jakarta – President Joko "Jokowi" Widodo has proposed an expansive state budget next year with a deficit of 5.5 percent of Indonesia's output as he s

Adrian Wail Akhlas, Jakarta – The government expects Indonesia's state budget deficit to remain wide next year to provide room for efforts to support economic recovery and structural r

Arya Dipa, Bandung, West Java – President Joko "Jokowi" Widodo has called on local administrations to accelerate their regional budget spending to help boost the economy after Indonesi

Adrian Wail Akhlas, Jakarta – The government is allocating Rp 10 trillion (US$684.72 million) this year to provide loans for regional administrations, while taking measures to step up

Dion Bisara, Jakarta – Global technology giants like Apple, Facebook, and TikTok have followed Netflix's footsteps to collect value-added tax on digital services or products they sold

Bisnis, Jakarta – Finance Minister Sri Mulyani announced on Wednesday the issuance of three revised economic stimuli covering business tax incentives, which come as a refinement and fo

Adrian Wail Akhlas, Jakarta – The government will raise its 2021 state budget deficit assumption to 5.2 percent of gross domestic product (GDP) to weather the uncertainties of the pand

Adrian Wail Akhlas, Jakarta – Indonesia recorded a Rp 257.8 trillion (US$17.5 billion) budget deficit in the first half of the year as the government seeks to bolster stimulus spending

Adrian Wail Akhlas, Jakarta – The government and the House of Representatives have agreed in principle on 2021 state budget assumptions with a deficit of 4.7 percent of gross domestic

Adrian Wail Akhlas, Jakarta – Indonesia has raised Rp 18.33 trillion (US$1.27 billion) from government retail bond issuance ORI-017, the Finance Ministry announced on Monday, the highe

Jakarta – There is a new item in President Joko "Jokowi" Widodo daily agenda now: looking at the day-to-day progress of the ministries state budget spending.

Jakarta (Bloomberg) – Indonesia's bureaucratic red tape is preventing almost US$50 billion (S$69.8 billion) in fiscal support from being disbursed to virus-hit businesses and healthcar

Jakarta – Indonesia imposed a 10% value-added tax on sales by technology firms including Amazon, Netflix, Spotify and Google on Tuesday, as spending patterns shift with increased remot

Adrian Wail Akhlas, Jakarta – Indonesia has raised 100 billion yen (US$930 million) from the issuance of five-tranche samurai bonds to help the government cover the fiscal deficit and

Adrian Wail Akhlas, Jakarta – Several administrative issues have hampered the government's efforts to disburse COVID-19 funds swiftly, Finance Minister Sri Mulyani Indrawati has said,

Jakarta – The Transportation Ministry has denied a rumor about the government's plan to impose a tax on cyclists due the rising popularity of cycling amid the loosening of social restr

Adrian Wail Akhlas, Jakarta – The Taxation Directorate General has unveiled the criteria for technology firms expected to collect value-added tax (VAT), including the transaction value

Thereis Kalla, Nabil Alfaruq, Jakarta – Some of Indonesia's listed companies will enjoy a lower income tax rate of 19 percent this year and next year, with a further 3 percent cut star

Adrian Wail Akhlas, Jakarta – Nearly 400,000 individual and corporate taxpayers have applied for tax incentives as the coronavirus pandemic has disrupted economic activity, according t

Adrian Wail Akhlas, Jakarta – President Joko "Jokowi" Widodo signed Wednesday Perpres No.

Yunindita Prasidya, Jakarta – The World Bank has advised Indonesia to increase its human capital spending and improve the quality of that expenditure as the country pushes for economic

Jakarta – The government has granted tax cuts and incentives to individuals or companies involving in the national efforts of Covid-19 pandemic mitigation from March to September, in a

Adrian Wail Akhlas, Jakarta – The government has again increased its planned spending on Indonesia's battle against the COVID-19 pandemic amid plunging tax revenue and a widening state

Adrian Wail Akhlas and Eisya A.

Moch.

Adrian Wail Akhlas, Jakarta – Indonesia's 2020 budget deficit will widen further to accommodate a larger stimulus package, but economists and business representatives say it will still

Triyan Pangastuti, Jakarta – Indonesia's state budget deficit is set to widen further this year as the government projects lower tax revenue despite bills piling up for its Covid-19 mi

Adrian Wail Akhlas, Jakarta – The government unveiled on Wednesday a bigger stimulus package worth Rp 677.2 trillion (US$47.6 billion) to anchor the virus-battered economy, the growth

Tara Marchelin, Jakarta – Indonesia's Supreme Audit Agency, or BPK, plans to audit how regional governments have been reallocating their budget for Covid-19 mitigation starting next mo

Diana Mariska, Jakarta – The Finance Ministry has projected the government to post its biggest deficit in at least three decades this year as a combined result of shrinking state reven

Lenny Tristia Tambun, Jakarta – The government would soon extend a series of tax breaks issued to counter the economic impact of the coronavirus pandemic to all sectors, eyeing to inje

Norman Harsono, Jakarta – The government is pushing regencies to slash street lighting taxes (PPJ) for 31 million of Indonesia's poorest homes in helping them weather the economic shoc

Adrian Wail Akhlas, Jakarta – Indonesia's state budget deficit fell to Rp 76.4 trillion (US$4.94 billion) in the first quarter of 2020 as revenue grew significantly from a year earlier

Rizki Fachriansyah, Jakarta – President Joko "Jokowi" Widodo has urged local administrations to reallocate their respective regional budgets (APBD) to fund the ongoing COVID-19 mitigat

Dewi Nurita, Dio Suhenda (Intern Translator), Jakarta – The Ministry of Home Affairs (Kemendagri) noted that a number of regions have yet to report the alterations made to their region

Farida Susanty, Jakarta – The government's move to roll out the legal basis for imposing taxes on digital companies operating in Indonesia might just be the beginning of its struggle g

Adrian Wail Akhlas, Jakarta – State revenue is expected to nosedive this year as the government rolls out tax incentives, including corporate income tax cuts, amid the COVID-19 outbrea

Eisya A.

Adrian Wail Akhlas, Jakarta – The House of Representatives has urged the government to issue a government regulation in lieu of law (Perppu) to revise the 2020 state budget, expand the

Adrian Wail Akhlas, Jakarta – The government will reallocate Rp 62.3 trillion (US$3.9 billion) of state spending from the 2020 budget to tackle COVID-19, focusing on health care, the d

Adrian Wail Akhlas, Jakarta – "FILE YOUR TAX RETURNS." As if once is not enough, this message is repeated three times in gigantic lettering on billboards across Indonesia.

Adrian Wail Akhlas, Jakarta – The Taxation Directorate General has cancelled direct face-to-face services and is advising all taxpayers to use online facilities for filing their annual

Beritasatu, Jakarta – The government on Friday provided some details on new tax breaks issued as part of a fiscal stimulus to prop up the economy during the coronavirus pandemic, sayin

Adrian Wail Akhlas, Jakarta – Workers in the manufacturing industry will not have to pay income taxes for six months as the government has announced measures to shield the economy from

Jakarta (AFP) – No one was more surprised to learn that Dimas Prayitno owned a Rolls-Royce than the 21-year-old Indonesian himself, who was baffled when told he owed US$15,000 (S$20,80

Adrian Wail Akhlas, Jakarta – The upcoming government-initiated landmark bill on taxation is expected to simplify tax regulations and boost investment in Indonesia as it proposes corpo

Adrian Wail Akhlas, Jakarta – Indonesia is planning to impose an excise on plastics, fossil-fuel vehicles and sweet drinks in a move aimed at reducing their adverse environmental and h

Maikel Jefriando, Jakarta – The Indonesian government has submitted a sweeping tax bill to parliament that proposes corporate tax cuts and seeks to make internet giants pay more taxes,

Lenny Tristia Tambun, Bogor, West Java – Indonesia and Singapore have updated their 29-year old bilateral tax treaty, lowering the tax rate on royalties and net income of companies ope