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Search result with “Tax Revenue Target For 2025” as a keyword founded 10 news.

Finding the Middle Ground on 12 Percent VAT

... VAT] will only selectively target luxury goods,” Prabowo said ... scheme for this VAT hike to avoid a disrupted tax revenue stream ... ’t achieve their sales target while they still have ... the lawmakers’ priority legislation list for 2025. “Assets stolen by imprisoned ...
Business Dec 10, 2024 | 9:50 am

Labor Unions Plan National Strike If VAT Hike Goes Through

... 8 percent growth target by pushing prices for goods and services ... Tuesday. Read More: Tax Amnesty Bill on 2025 Agenda as VAT ... increase in the minimum wage for 2025 to boost the purchasing ... urge the government to increase tax revenue not by burdening the poor ...
Business Nov 19, 2024 | 9:00 pm

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

... tax revenue target of Rp 2,189.3 trillion for the 2025 state budget. This target ... is allocated across several tax categories ...
Business Nov 14, 2024 | 4:09 pm

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

... economic researcher at the Institute for Development of Economics and Finance ... a tax revenue target of Rp 2,189.3 trillion in the 2025 State ... Budget. This target is divided across ...
News Oct 30, 2024 | 9:48 am

Prabowo's First-Year Budget: Rp 3,621 Trillion Approved by DPR

... with reservations. The 2025 APBN outlines a revenue target of Rp 3,005 ... Rp 2,189 trillion from tax revenues, Rp 301.60 ... 513.63 trillion from non-tax state revenues, and Rp ... US dollar. The macroeconomic assumptions for 2025 are as follows: Economic Growth ...
Business Sep 19, 2024 | 1:25 pm

Government Allocates Rp 525 Trillion for Subsidies in 2025 Draft State Budget

... in acquiring homes with a target of accelerating the construction ... fishermen, and provide tax incentives for businesses. The 2025 State Budget deficit ... .2 trillion, with state revenue estimated at Rp 2,996 ... Rp 3,613.1 trillion for 2025, marking the first year ...
Business Aug 16, 2024 | 11:07 pm

Indonesia Sets 5.2 Pct Growth Target for 2025 State Budget Under New President

... .2 percent economic growth target in the 2025 State Budget Draft, marking ... Rp 2,693.2 trillion for central government spending and Rp ... 919.9 trillion for regional transfers. State revenue is projected at ... 2,490.9 trillion in tax revenue and Rp 505.4 trillion ...
Business Aug 16, 2024 | 3:50 pm

Indonesia to Limit Subsidized Fuel Purchases Starting August 17

... fall short of the target. The decline in revenue is mainly due ... in corporate income tax (PPh). Many palm oil companies, for instance, lack ... Committee. As part of the 2025 Macro Economic Framework and Fiscal ...
Business Jul 10, 2024 | 4:53 pm

Proposed VAT Hike Could Stifle Economic Growth, Warns Indef

... -added tax (VAT) rate to 12 percent in 2025 from ... decrease in income tax. "The potential aggregate tax revenue may not ... resulting in less money available for secondary food purchases. "If ... Tax revenue in 2023 reached Rp 1,869.2 trillion, exceeding the target ...
Business Mar 20, 2024 | 3:37 pm

Investment in Energy Sector Reaches $30 Billion as Renewable Energy Surges

... still far from its intended target for 2025. "Investment in the energy and ... are necessary to meet the target set for 2025," Arifin said. Arifin said ... . Furthermore, Arifin revealed that non-tax revenue (PNBP) achieved an increase of ...
Business Jan 16, 2024 | 2:05 pm
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