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Search result with “Tax Revenue” as a keyword founded 182 news.
Indonesia Halts Trump-Linked Lido Resort Project in West Java Over Environmental Violations
... for a share of the revenue. The project was originally scheduled ... status, providing MNC Land with tax breaks and leniency on permits ...Business Feb 7, 2025 | 7:41 pm
Indonesia’s Energy and Mineral Sector Posts $32.3 Billion in Investment
... 2 billion] in non-tax state revenue for the entirety of ... global commodity prices. The non-tax revenue in minerals and coal saw ... government data shows. The non-tax revenue of the oil and gas ... that the overall non-tax state revenue can still grow,” Bahlil ...Business Feb 3, 2025 | 1:55 pm
New BI Instruments Aim to Optimize Export Proceeds from Natural Resources
... percent of their foreign exchange revenue from exporting natural resources commodities ... is a 0 percent income tax rate on interest earned from ... for exporters, as the standard tax rate on interest income is ...Business Jan 22, 2025 | 1:17 pm
Indonesia to Require Commodity Exporters to Keep All Dollar Revenues in Local Banks
... as cash collateral and favorable tax and dividend payment regulations,” Airlangga ... , the government offers reduced tax rates on interest revenue: 10 percent for ... rupiah are exempted from interest revenue tax altogether. The forthcoming regulation is ...Business Jan 21, 2025 | 6:31 pm
Indonesia to Impose Sugary Drink Tax in July 2025 to Tackle Diabetes Surge
... plans to introduce an excise tax on sugary packaged beverages starting ... not designed to boost state revenue but to regulate sugar consumption ... -communicable diseases. This excise tax is a vital step in ... forum in Jakarta. The tax will classify beverages based on ...Lifestyle Jan 10, 2025 | 9:28 pm
Indonesian Industry Calls for Extension of Gas Subsidy Policy
... employment, and contributions to national tax revenue," he added. During the initial ...Business Jan 9, 2025 | 2:02 pm
Sri Mulyani Admits First Half of 2024 Was Tough
... 2024, the ministry reported that tax revenue had dropped by 7.9 ... of 2024 was tough. ... Our tax revenue had declined sharply at the ... had earlier estimated. The state revenue has started to recover in ...Business Jan 2, 2025 | 6:54 pm
Denpasar Immigration Office Handles 138 Violations in 2024
... also achieved record-breaking non-tax state revenue of Rp 140.5 ... Rp 73.7 billion. This revenue came from passport applications, stay ...News Jan 2, 2025 | 2:37 pm
Indonesian Stock Market Faces Headwinds with New 12% VAT in 2025
... a 12 percent value-added tax (VAT) starting January 1. This ... (ACES), are likely to see revenue declines. Similarly, Astra International (ASII ... challenges due to the additional tax burden.Business Dec 31, 2024 | 1:09 pm
Rupiah Gains Ground Amid Declining Dollar Index
... instead of income tax (PPh) to optimize tax revenue. VAT has ... a broader base compared to income tax, ... a result, the potential revenue from VAT is significantly ... "The government estimates additional tax revenue from the VAT increase to ...Business Dec 30, 2024 | 5:33 pm
Jokowi Backs VAT Hike to 12 Percent Despite Public Outcry
... to raise the value-added tax (VAT) rate from 11 percent ... part of the harmonization of tax regulations approved by the House ... out," Jokowi said. Read More: Tax Evasion Crackdown Better than 12 ... 11 percent in 2022. VAT revenue contributed 3.25 percent to ...News Dec 28, 2024 | 9:57 am
Tax Evasion Crackdown Better than 12 Pct VAT: Analyst
... revenue without the tariff increase. “The government needs to focus on tax ... rather than imposing higher [tax] tariffs on people. For ... the government’s lower luxury tax revenue target. Indonesia aims to ... percent in 2022. VAT revenue contributed to 3.25 percent ...Business Dec 26, 2024 | 10:45 am
Government Open to Revisiting 12 Pct Luxury VAT Policy Amid Potential Microeconomic Impacts
... to increase the Value Added Tax (VAT) on luxury goods to ... Parliamentary Complex in Jakarta. The tax hike is part of the ... Tax Regulation Harmonization Law (UU HPP), aimed at increasing state revenue ...Business Dec 24, 2024 | 10:21 am
Indonesia's Sugary Drink Excise Expected to Generate $385 Million in Tax Revenue
... plans to introduce an excise tax on sweet beverages (MBDK ... ($385.24 million) in revenue, according to Telisa Aulia Falianty ... University of Indonesia. The tax is regulated under Government Regulation ... syrups. Telisa highlighted the tax's significance for public ...Business Dec 20, 2024 | 9:54 pm
Indonesia Issues 471 Golden Visas, Attracting $558 Million Investment in 2024
... December 15, 2024, non-tax state revenue from visa services had reached ...News Dec 17, 2024 | 6:53 pm
Celios: VAT Hike Could Increase Monthly Spending by $22 for Middle Class
... not significantly contribute to tax revenue because the weakening purchasing ... is increasingly contradictory regarding tax fairness. Additionally, the ... not contribute much to tax revenue because the weakened ... Rp 75 trillion of tax revenue. Bhima mentioned that ...Business Dec 17, 2024 | 6:08 pm
From Premium Beef to Elite Schools: 12 Pct VAT to Apply to Luxury Goods
... upcoming 12 percent value-added tax or VAT would apply to ... government's tax reforms to ensure fairness and optimize state revenue. The ...Business Dec 16, 2024 | 4:33 pm
Indonesia to Unveil New Economic Policy Package, Including VAT Overhaul, on Monday
... -tiered value-added tax (VAT) policies and non-tax economic measures. " ... include fiscal incentives, such as tax relief for micro, small, ... 0.5 percent tax rate for MSMEs with annual revenue below a ... percent starting in January. The tax increase, which was first ...Business Dec 14, 2024 | 11:01 am
Illegal Cigarettes Have Broader Impacts than Hurting Established Tobacco Companies
... trillions of rupiah in potential revenue lost annually. Additionally, it ... already grappling with annual tax hikes and restrictive policies, ... the rise of tax-free illegal cigarettes exacerbates ... not only erodes government tax revenues but also makes ...Business Dec 13, 2024 | 1:53 am
Illegal Cigarettes Cost Indonesia Rp 15 Trillion Annually in Lost Taxes
... the highest applicable excise tax rate were enforced. ... which significantly undermines state revenue. Tobacco consistently contributes around ... percent of government excise tax revenues, which also include ... , extending to value-added tax (VAT). “The government ...Business Dec 12, 2024 | 7:07 pm
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