SEARCH
Search result with “12 Percent Vat” as a keyword founded 91 news.
Frugal Ramadan Spending Puts Pressure on Indonesia's Economy
... slowdown compared to the 9–12 percent growth recorded in 2023 and ... is offering a 6 percent value-added tax (VAT) discount on economy ... prices by 13.2 percent to 14 percent from March 25 to ... may reach only 4.7 percent–5 percent, falling short of government ...Business Mar 19, 2025 | 2:39 pm
Indonesia’s Tax Revenue Drops 42 Pct in January as New Coretax System Faces Hurdles
... planned value-added tax (VAT) hike to 12 percent on luxury goods. The ... 31 trillion, a 13.29 percent increase from 2024. A ... VAT contributed Rp 20.21 trillion, accounting for 22.74 percent ... collectively accounting for 52.4 percent of January’s tax collection ...Business Mar 13, 2025 | 12:34 pm
Indonesia Waives Import Duties on International Competition Prizes
... Finance will exempt import duties, VAT, and income tax on prizes ... duty of 7.5 percent and a VAT of 12 percent will apply, while ... additional import duties and VAT exemptions ...Business Feb 25, 2025 | 6:49 pm
Government Sets Tax Exemption for Employees Earning Rp 10 Million
... the increase in the VAT rate to 12 percent,” she said in an ...News Feb 17, 2025 | 5:01 pm
Electricity Tariff Discount Leads to Deflation in January
... to implement a 50 percent discount on electricity tariffs ... the value-added tax (VAT) to 12 percent. As a consequence, the ... mainly attributed to the 50 percent discount in electricity tariffs ... during 2024, with a 0.12 percent deflation in September, marking ...Business Feb 3, 2025 | 3:49 pm
President Prabowo’s First 100 Days: Key Policies Receive Praise, But Challenges Remain
... major initiatives are a 12 percent value-added tax (VAT) increase on luxury ... areas that require attention. The VAT increase, which applies only to ... government set the VAT increase from 11 percent to 12 percent on luxury goods ...News Jan 29, 2025 | 11:21 am
Indikator Survey: President Prabowo Enjoys 79.3% Approval as Political Honeymoon Continues
... Indonesia. “Around 13.5 percent of respondents reported being ... performance, while 65.8 percent were fairly satisfied, culminating ... rating of 79.3 percent,” Indikator Politik Indonesia Executive ... discussions on raising the VAT to 12 percent were met with ...News Jan 27, 2025 | 4:47 pm
From Spotify to Google Play: Gov’t to Return Money from Miscalculated VAT
... announced Tuesday evening that the 12 percent VAT would exclusively apply to luxury ... 2022. This means that the 12 percent VAT should not affect popular streaming ... , some platforms already imposed the 12-percent VAT on their services. “We are ...Business Jan 2, 2025 | 5:43 pm
JCI Rises on 2025 Opening Day, VAT Policy Eases Investor Concerns
... note, gaining 12.52 points (0.18 percent) to reach ... KEJU), which soared 16.6 percent, Multi Medika Internasional (MMIX) ... .8 percent, and Wahana Pronatural (WAPO) gaining 12.5 percent. Sinar ... -Added Tax (VAT) hike from 11 percent to 12 percent, effective January ...Business Jan 2, 2025 | 9:49 am
Sri Mulyani Announces Rp 265T Economic Stimulus to Offset VAT Hike Impact
... government will offer a 50 percent discount on household electricity subscriptions ... that the VAT rate would increase from 11 percent to 12 percent, effective January ... 1. The president underlined that the new VAT ...Business Jan 1, 2025 | 3:55 am
Prabowo Announces 12% VAT Increase on Luxury Goods Starting January 2025
... Value Added Tax (VAT) from 11 percent to 12 percent, effective January 1 ... clarified that the increased VAT will apply exclusively to ... from VAT, continuing to be taxed at a 0 percent rate ... per month, a 50 percent discount on electricity for customers ...News Dec 31, 2024 | 7:30 pm
Indonesian Stock Market Faces Headwinds with New 12% VAT in 2025
... the introduction of a 12 percent value-added tax (VAT) starting January 1 ... Stocknow.id, warned that the VAT hike would deal a heavy ... material costs due to the VAT increase may deter new property ...Business Dec 31, 2024 | 1:09 pm
12 Pct VAT to Have Little Impact on Concert Pricing, Promoter Says
... officer Sugiresky said that the 12-percent VAT would only affect a ... increase that much [once the 12-percent VAT is in place],” Sugiresky ... 50,000. With the 12-percent VAT, a concertgoer has to ... we shouldn’t miscalculate the 12-percent VAT, and it should not ...Lifestyle Dec 31, 2024 | 10:00 am
Rupiah Gains Ground Amid Declining Dollar Index
... to implement a 12 percent value-added tax (VAT) rate starting ... public transportation services remain VAT-exempt, minimizing the burden ... revealed that half of VAT exemptions currently benefit ... the potential revenue from VAT is significantly higher. Ibrahim ...Business Dec 30, 2024 | 5:33 pm
From Jokowi to Prabowo: 2024 Marks New Chapter for Indonesia
... equivalent to nearly 58.6 percent of the legitimate votes. ... Prabowo seeks to unlock 8 percent growth during his term, ... to raise the VAT from 11 percent to 12 percent starting on Wednesday ... . The VAT increase was a ...News Dec 30, 2024 | 12:53 pm
We Have No Intention to Make People’s Lives Harder: Prabowo
... -added tax (VAT) from the current 11 percent to 12 percent starting on Wednesday ...News Dec 29, 2024 | 12:05 am
Jokowi Backs VAT Hike to 12 Percent Despite Public Outcry
... value-added tax (VAT) rate from 11 percent to 12 percent, despite public opposition ... increased the VAT rate from 10 percent to 11 percent in 2022. VAT revenue ... contributed 3.25 percent to ...News Dec 28, 2024 | 9:57 am
Indonesia Mulls Extending 10% Flight Discount Until Eid al-Fitr 2025
... is considering extending a 10 percent discount on domestic airplane ticket ... hopes that the 9-10 percent discount will not only apply ... the impact of the 12 percent Value Added Tax (VAT) increase, which will ...News Dec 26, 2024 | 11:17 am
Tax Evasion Crackdown Better than 12 Pct VAT: Analyst
... to raise the VAT from the current 11 percent to 12 percent starting next ... raised the VAT from 10 percent to 11 percent in 2022. VAT revenue ... contributed to 3.25 percent ... was stagnant at 5.03 percent in 2023, and is ...Business Dec 26, 2024 | 10:45 am
Government Unveils $1.3 Billion Credit Plan for Labor-Intensive Industries
... will also receive a 50 percent subsidy on workplace accident insurance ... airline ticket prices by 10 percent as the year-end ... with discounts of 50–70 percent have boosted retail sales. ... value-added tax (VAT) rate from 11 percent to 12 percent starting January 1 ...Business Dec 25, 2024 | 11:43 am
Most Popular
1
Breaking: IDX Halts Stock Trading After 5 Pct Drop in Benchmark Index
2
Jakarta Floods Submerge 29 Neighborhoods, Water Levels Reach 2.5 Meters
3
Analysts: JCI’s 5% Drop is A Warning Sign for Indonesia’s Economy
4
IDX Sinks to Lowest Since 2021 on Downgrades, Job Cuts
5
Indonesia’s Richest Woman Loses $3.6 Billion in Three Days