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Search result with “Indonesian State Revenue” as a keyword founded 123 news.

From Premium Beef to Elite Schools: 12 Pct VAT to Apply to Luxury Goods

... to ensure fairness and optimize state revenue. The government will also make ... to make sure that the Indonesian people remain prosperous," Airlangga told ... (approximately $16.6 billion) in state budget to roll out the ...
Business Dec 16, 2024 | 4:33 pm

Indonesia Loses $6.1 Billion from Soaring Illicit Cigarette Smokers

... consumption, and the potential state loss that emerged from ... grows, so does the revenue loss. “When excise increases ... cause a Rp 97 trillion state revenue loss. … This is ... trillion. According to the Indonesian Cigarette Manufacturers Association (Garki), ...
News Dec 13, 2024 | 6:40 am

Illegal Cigarettes Cost Indonesia Rp 15 Trillion Annually in Lost Taxes

Jakarta. The Indonesian government is losing ... illegal market on the state budget. Merrijanti also ... trade, which significantly undermines state revenue. Tobacco consistently contributes around ... or the leakage in state revenues could become uncontrollable,” ...
Business Dec 12, 2024 | 7:07 pm

Finding the Middle Ground on 12 Percent VAT

... Santosa, the chairman of the Indonesian Global Brand Retailers Association (Apregindo ... Mandey, the chairman of the Indonesian Affiliate Global Retailers Association (AGRA ... look for other sources of state revenue. -- Alfida Rizky Febriana, Arnoldus Kristianus ...
Business Dec 10, 2024 | 9:50 am

Gov't Tries to Find Middle Ground Amid 12 Pct VAT Concerns

... Economic Council at the State Palace in Jakarta on ... way possible to generate state revenue while also taking into ... alternatives to boost the state revenue. Analyst Rizal Taufikurahman warned ... $1.3 billion. The Indonesian Affiliate Global Retailers Association ( ...
Business Dec 6, 2024 | 11:13 am

Sugary Drink Excise Offers A Sweet Alternative to VAT Hike: YLKI

... 12 percent to generate more state revenue. The government is facing ... to make money. The Indonesian Consumers Foundation (YLKI) urges ... 2023, according to the Indonesian Pediatric Society (IDAI). Data ... out of 100,000 Indonesian children have diabetes. Indonesia ...
News Dec 4, 2024 | 11:45 am

Seizing Assets from Corruptors is Better Than 12 Pct VAT: Retailer

... a means to boost state revenue. The controversial policy ... s economic growth. The Indonesian Affiliate Global Retailers Association ... N Mandey, chairman of Indonesian Affiliate Global Retailers Association ... promise of feeding Indonesian school kids free ...
News Dec 3, 2024 | 9:29 pm

Gov’t Urged to Avoid ‘Arrogant’ Push for VAT Hike

... other ways to boost [state revenue] besides raising the VAT,” ... of the Affiliation of Indonesian Global Retail (AGRA), ... of the Affiliation of Indonesian Global Retail (AGRA), attends ... Santosa, chairman of the Indonesian Global Brand Retailers Association ...
Business Dec 3, 2024 | 6:24 pm

Government Weighs Social Aid for Middle Class Ahead of 12% VAT Hike

Jakarta. The Indonesian government is considering the implementation ... aid must align with the state budget’s capacity. "The policy ... of Taxation has indicated that revenue from the VAT increase will ...
News Dec 2, 2024 | 5:22 pm

Gov’t Plans to Establish State Revenue Ministry Headed by Abimanyu, Says Hashim 

Jakarta. The Indonesian government is considering the ... the establishment of a State Revenue Ministry was discussed prior to ... a meeting with the Indonesian Chamber of Commerce and ... While gambling is illegal under Indonesian law, many citizens participate ...
Business Dec 1, 2024 | 8:05 pm

Industry Minister Pressures Apple on Investment Shortfall and iPhone 16 Ban

... in other countries, contributions to state revenue, job creation, and parity with ... September, remains absent from the Indonesian market due to regulatory hurdles.
Business Nov 25, 2024 | 9:16 pm

Sriwijaya Air Founder Hendry Lie Arrested by Prosecutors

... activities involving assets of state-owned tin miner Timah, ... to the investigation, the Indonesian immigration office has revoked ... Immigration Office informed the Indonesian Embassy in Singapore about ... trillion in lost potential revenue for Timah, and an ...
News Nov 19, 2024 | 10:19 am

Business Association Says Indonesia Already Has Highest VAT Rate in Region

... Asia, the chairman of the Indonesian Global Brand Retailers' Association (Apregindo ... 's shortcut to boost revenue in the state budget. However, the rise ...
Business Nov 18, 2024 | 7:24 pm

Why the Scope of the Broadcasting Law Should Not Be Expanded

... be pushing for greater state control over content and ... TV networks, which the Indonesian Broadcasting Commission (KPI) oversees ... a larger market, its revenue position is expected to ... creating important opportunities for Indonesian video content creators; the ...
Opinion Nov 18, 2024 | 5:38 pm

12 Pct VAT Can Take Toll on Minimum Wage Earners, Expert Warns

... state revenue, it creates a huge negative impact on the economy. The Indonesian ... , including daily necessities. As many Indonesian workers do not see a ... more expensive. Achmad said: “The Indonesian middle class has not seen ...
Business Nov 18, 2024 | 2:11 pm

Indonesia’s 'Underground Economy' Could Unlock Trillions, but at a Cost

Jakarta. The Indonesian government is conducting a study ... is significant untapped potential for state revenue from these underground activities. Sri ... team, customs, and non-tax state revenue (PNBP) teams," Sri Mulyani said ...
Business Nov 14, 2024 | 4:09 pm

MNC Land Shares Soar as Trump Inches Closer to Election Win

Jakarta. Shares of Indonesian property company MNC Land ( ... billion, changed hands on the Indonesian Stock Exchange (IDX). By ... Alaska or any remaining battleground state, including Michigan, Wisconsin, Arizona ... of 2024, with net revenue reaching Rp 1.3 trillion ...
Business Nov 6, 2024 | 3:49 pm

Hashim Djojohadikusumo, AHY Discuss People’s Housing Program

... building 2 million houses in Indonesian villages each year. The former ... discussed important matters like housing, state revenue, and other major projects including ...
News Oct 31, 2024 | 1:48 pm

Economist Warns Against Taxing Online Gambling as Indonesia Targets 'Underground Economy'

... profits from such activities escape Indonesian tax oversight. "We're aware ... revenue target of Rp 2,189.3 trillion in the 2025 State ...
News Oct 30, 2024 | 9:48 am

Antam Acquires 30 Pct Stake in Tsingshan Group's Nickel Smelter for $102.5 Million

Jakarta. State-owned gold miner Aneka Tambang ... also expected to support the Indonesian government’s efforts in ... s operational capacity and drive revenue, enabling the company to ... enhance its operations, boosting revenue to eventually pay dividends to ...
Business Oct 7, 2024 | 9:13 pm
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