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Search result with “Income Tax” as a keyword founded 182 news.

Gold Prices Hit All-Time High Amid Global Market Turmoil

... to up to 3 percent income tax.​ This surpasses the previous record ...
Business Apr 21, 2025 | 12:15 pm

Indonesia Plans to Classify Ride-Hailing App Drivers as MSMEs by 2026

... for a 0.5 percent income tax rate if their annual revenue ...
Business Apr 16, 2025 | 12:54 pm

Trump’s Tariffs Hit Hard: Americans Pay the Price

... tariffs function as a tax on US businesses and households ... Tariffs function as a tax on US businesses and ... function as a regressive tax, disproportionately burdening lower-income Americans. A study ... percent and cut real household income by about $675 per ...
Opinion Apr 15, 2025 | 8:04 am

Sneakers to Jeans: Tariffs May Raise Costs for American Families

... Priest warned that lower-income families and discount retailers ... eliminate a widely used tax exemption that allowed millions ... function like a sales tax on consumers, and may ... disproportionately affecting low- and middle-income households. “So where will ...
News Apr 6, 2025 | 5:57 pm

From E-Commerce to Alcohol: Here Are 5 Gov't Policies That Triggered Trump’s 32% Tariff

... border MSME trade. Complex Tax Assessment Procedures The USTR ... lacks clear legal precedent. Income Tax on Imported Goods PMK ... goods subject to Article 22 Income Tax. US companies have voiced ... uncertain process of claiming tax refunds for overpayments. Higher ...
Business Apr 6, 2025 | 1:50 pm

Trump Slaps 25 Pct Tariff on Imported Cars, Expects $100B Revenue

... said. Additional Tariffs and Tax Breaks Alongside the auto tariff ... Trump proposed a new tax incentive allowing consumers to ... interest from their federal income taxes, provided the vehicle ... Trump threatened a 200 percent tax on European alcoholic beverages. ...
Business Mar 27, 2025 | 5:37 pm

Jakarta Exempts Houses Under Rp 2 Billion from Property Tax

... lower-income families living in the capital. However, the tax break ... property and beyond.” The tax exemption for first homes was ... clarified that no similar tax relief will be offered ... vehicle owners must fulfill their tax obligations, regardless of how many ...
Business Mar 26, 2025 | 9:36 pm

Prabowo Wants Batang Industropolis to Be Indonesia's Shenzhen

... easier licensing processes to corporate income tax deductions for companies that set ...
Business Mar 20, 2025 | 5:20 pm

Declining Tax Revenue Signals Indonesia’s Economic Slowdown, Retail Group Warns

... 2022 to 2024. Declining tax revenue was the primary driver ... of the deficit. Tax revenue dropped by 25 percent ... Rp 240.4 trillion, with income tax collection shrinking by 30.19 ... to seasonal fluctuations, explaining that tax revenue tends to rise at ...
Business Mar 17, 2025 | 5:00 pm

KB Bank Records 49.20 Pct Growth in Net Interest Income Last Year

... to record a net interest income (NII) of Rp 909 ... 20 percent increase in interest income, balanced by controlled interest ... the recognition of deferred tax expenses amounting to Rp ... future recovery of income tax due to unutilized tax loss carryforwards. KB ...
Special Updates Mar 15, 2025 | 11:29 am

Indonesia Collects $1.6B in VAT from Digital Giants, Crypto Adds $74M

... under their parent companies’ tax identification numbers (NPWP). The ... businesses. Indonesia’s tax efforts extend beyond online ... procurement. Since 2022, tax revenue from cryptocurrency has reached ... ($74 million), with income tax on crypto sales contributing ...
Business Mar 14, 2025 | 9:18 pm

Indonesia Posts $1.9 Billion Budget Deficit Amid Falling Tax Revenue

... trillion in February 2024. Tax revenue dropped by 25 ... 240.4 trillion, with income tax collection shrinking by 30. ... seasonal fluctuations, explaining that tax revenue tends to rise ... percent. Additionally, changes in income tax regulations required the government ...
Business Mar 13, 2025 | 7:23 pm

Indonesia’s Tax Revenue Drops 42 Pct in January as New Coretax System Faces Hurdles

... in corporate income tax receipts. Corporate income tax revenue fell ... payroll tax (PPh 21), and final income tax provided crucial ... an effective tax rate scheme. Final income tax, including levies ... biggest contributors to tax revenue, collectively accounting ...
Business Mar 13, 2025 | 12:34 pm

Canada, Mexico, and China Retaliate as Trump’s Tariffs Take Effect

... ’s tariffs amount to a tax hike of roughly $1.4 ... that would disproportionately hit lower-income households. The Canada and Mexico ... and trade services at the tax and consulting firm BDO, suggested ...
Business Mar 5, 2025 | 12:47 am

Liverpool Reports Losses of $71.8 Million, Highlighting Cost of Missing Out on Champions League

Liverpool reported pre-tax losses of 57 million pounds ($ ... , it’s essential to grow income streams year on year to ...
News Feb 28, 2025 | 7:27 pm

Trump Plans Tariffs on Mexico, Canada for Tuesday

... , with a lower 10 percent tax on Canadian energy products such ... to make fentanyl, and that tax would now be doubled, according ... , which prompted investors to assume income tax cuts and less regulation would ...
Business Feb 27, 2025 | 11:23 pm

New Regulation Reduces Import Tariffs on Books, Steel, Bicycles, and More

... be liable for value-added tax (VAT) in accordance with existing ... are exempt from VAT and income tax. 15 percent tariff: Wristwatches, cosmetics ... fiscal incentives for Hajj pilgrims, tax exemptions for Indonesian nationals receiving ...
Business Feb 25, 2025 | 9:47 pm

Indonesia Waives Import Duties on International Competition Prizes

... exempt import duties, VAT, and income tax on prizes from international competitions ...
Business Feb 25, 2025 | 6:49 pm

Government Sets Tax Exemption for Employees Earning Rp 10 Million

... no longer have to pay Income Tax Article 21. Dwi Astuti, the ... purchasing power following changes in tax rates that took effect at ... , employees can visit the official tax website at pajak.go.id.
News Feb 17, 2025 | 5:01 pm

Sri Mulyani: Indonesia’s Economy Grows 5.03% in 2024, Demonstrating Resilience

... social assistance programs for low-income groups and strengthened food supply ... government microloans (KUR) program and tax incentives. Price stabilization policies, including ...
Business Feb 6, 2025 | 9:55 am
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