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Search result with “Tax Holiday” as a keyword founded 29 news.Now’s the Perfect Time to Travel Indonesia, Thanks to Gov't-Sponsored Discounts
... cheaper to travel this school holiday season. From June to July ... a 6 percent value-added tax (VAT) discount on economy-class ... 500,000 people during the holiday period. The total budget allocated ...Lifestyle Jun 2, 2025 | 8:57 pm
BI Predicts Retail Sales to Drop After Holiday Rush
... the busy Ramadan and Eid holiday shopping period. In a statement ... in sales. Read More: Declining Tax Revenue Signals Indonesia’s Economic ...Business May 14, 2025 | 2:40 pm
Trump Announces Sweeping New Tariffs, Risking Inflation and Trade Wars
... trading partners -- a 34 percent tax on imports from China and ... imposing a 10 percent baseline tax on imports from all countries ... action amounts to a historic tax hike that could push the ... .99 to $39.99 this holiday season, possibly even $45. “There ...Business Apr 3, 2025 | 9:49 am
'Mudik' Drops in 2025: What Does It Say About the Economy?
... population—will travel for the holiday, a sharp 24 percent decline ... Sulawesi also rely on the holiday season for economic boosts. “Regions ... in lower domestic value-added tax (PPN DN) revenue. The ... the Christmas and New Year holiday period. We expect Q1 2025 ...Business Mar 31, 2025 | 8:03 pm
Eid Travel and Spending Decline in 2025, Government Pushes Stimulus
... above planned to save their holiday bonuses instead of spending them ... for low-consumption customers, and tax exemptions for labor-intensive sectors ...Business Mar 27, 2025 | 5:09 pm
Frugal Ramadan Spending Puts Pressure on Indonesia's Economy
... —particularly for gifts and holiday necessities—regional economies may ... a 6 percent value-added tax (VAT) discount on economy ... Road Discounts – To ease holiday travel costs, the government is ... March 29. Early Disbursement of Holiday Bonuses – The government has ...Business Mar 19, 2025 | 2:39 pm
Declining Tax Revenue Signals Indonesia’s Economic Slowdown, Retail Group Warns
... second half of 2024. Holiday shopping during Christmas, New ... also be because the holiday bonuses (THR) haven’ ... to 2024. Declining tax revenue was the primary ... driver of the deficit. Tax revenue dropped by 25 ... tax revenue tends to rise at year-end due to holiday ...Business Mar 17, 2025 | 5:00 pm
Indonesia Posts $1.9 Billion Budget Deficit Amid Falling Tax Revenue
... trillion in February 2024. Tax revenue dropped by 25 percent ... .4 trillion, with income tax collection shrinking by 30.19 ... that tax revenue tends to rise at year-end due to holiday ... . Additionally, changes in income tax regulations required the government to ...Business Mar 13, 2025 | 7:23 pm
Government Offers Up to 14 Pct Discount on Airfare for 2025 Eid Homecoming Season
... to ease travel costs for holiday travelers. The policy, regulated under ... to their hometowns for the holiday. Chief Infrastructure and Regional Development ... also reducing the Value-Added Tax (VAT) on economy-class domestic ...Lifestyle Mar 1, 2025 | 5:05 pm
Gov't Cuts VAT on Economy-Class Airfare to Ease Holiday Travel Costs
... is reducing the Value-Added Tax (VAT) on economy-class domestic ... of the Eid al-Fitr holiday. Under a new regulation, ... during the Ramadan and Eid holiday season. “To boost economic growth ... the remaining 6 percent. The tax reduction applies to base fares ...Lifestyle Feb 28, 2025 | 9:00 pm
Indonesia’s Economy Remains Solid, Minister Airlangga Says
... during the recent year-end holiday season. “The fourth quarter ... strong due to the holiday season and the regional ... a series of year-end holiday policies, including free homecoming ... … We will continue our tax holiday and tax allowance to maintain our investment ...Special Updates Feb 6, 2025 | 7:41 am
Electricity Tariff Discount Leads to Deflation in January
... increase in the value-added tax (VAT) to 12 percent. As ... and air fares during the holiday seasons. Throughout 2024, Indonesia experienced ...Business Feb 3, 2025 | 3:49 pm
Canada's Justin Trudeau Announces Resignation after Nearly A Decade as Prime Minister
... announced policies: a temporary sales tax holiday on goods ranging from children ... and left. He levied a tax on carbon emissions and rescued ...News Jan 7, 2025 | 4:01 am
Rupiah Gains Ground Amid Declining Dollar Index
... activity to the New Year holiday season and a lack of ... instead of income tax (PPh) to optimize tax revenue. VAT has ... broader base compared to income tax, which is limited to ... communities. "The government estimates additional tax revenue from the VAT increase ...Business Dec 30, 2024 | 5:33 pm
Indonesians to Hold Back on Spending This Holiday Season
... hold back on spending this holiday season, according to an ... million Indonesians will go on holiday to celebrate Christmas and ... upcoming 12-percent value-added tax (VAT), which will enter ... entirely sacrifice their year-end holiday, according to Tira. “Going ...Lifestyle Dec 24, 2024 | 10:06 am
Indonesia’s Efforts to Reduce Airfares Could Clash with VAT Increase
... impending increase in value-added tax (VAT), which is expected to ... will help citizens during the holiday season," Yudhoyono said in a ...Business Dec 2, 2024 | 9:00 pm
Indonesia Extends Tax Holiday to 2025: A Guide for Investors
... has officially extended the tax holiday facility until December 31, ... of corporate income tax reductions in the tax holiday scheme in ... corporate income tax reductions in the SEZ tax holiday scheme: 100 ... Investors will receive a tax holiday for 20 years for ...Business Nov 9, 2024 | 12:43 am
Government to Block Sales of iPhone 16 and Google Pixel on E-Commerce Platforms
... : Indonesian Lawmaker Calls Apple’s Tax Holiday Demand “Absurd,” Supports iPhone 16 ...Tech Nov 5, 2024 | 7:25 pm
Indonesia Announces Tax Holiday Extension to Counter Global Minimum Tax
... levels of corporate income tax reductions under the tax holiday scheme in Indonesia ... type. Industries eligible for the tax holiday include the pharmaceutical raw materials ... manufacturing, and more. Additionally, the tax holiday will be granted to investors ...Business Nov 4, 2024 | 11:46 pm
Indonesian Lawmaker Calls Apple’s Tax Holiday Demand “Absurd,” Supports iPhone 16 Ban
... allegedly requesting a 50-year tax holiday and expressed his support for ... asking for a 50-year tax holiday. This is absurd. They deserve ...Tech Nov 4, 2024 | 4:00 pm
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