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Search result with “Tax Revenue” as a keyword founded 182 news.
Sri Mulyani Confirms 12% VAT Implementation on January 1
... that the new value-added tax (VAT) rate of 12 percent ... government needs to increase state revenue to sustain the post-pandemic ... economic recovery, she explained. “Tax policies, including the new VAT ...Business Nov 14, 2024 | 10:57 pm
Indonesia’s 'Underground Economy' Could Unlock Trillions, but at a Cost
... underground economy, which encompasses tax evasion and other illegal ... untapped potential for state revenue from these underground activities. ... through the tax team, customs, and non-tax state revenue (PNBP) ... government has set a tax revenue target of Rp 2, ...Business Nov 14, 2024 | 4:09 pm
Sri Mulyani: Falling Palm Oil and Coal Prices Contribute to Lower Tax Revenue
... 5 trillion ($96 billion) in tax revenue as of Oct. 31, 2024 ... Anggito Abimanyu explained that the tax revenue of Rp 1,517.53 ... a shortfall in reaching the tax revenue target for 2024. With limited ... the previous months, November’s tax revenue will be in line with ...Business Nov 13, 2024 | 1:35 pm
US Election: Analysts See Harris as the Safer Choice for Indonesia's Economy
... American families by maintaining tax cuts for those earning ... 28 percent and expanding tax credits to address income ... tariffs or Harris's corporate tax proposals. "Nonetheless, both candidates ... the budget deficit without new revenue sources," he added. While ...Business Nov 4, 2024 | 5:54 pm
Minister Nusron Targets 537 Palm Oil Companies Operating Without Required Certificates
... certificates, amid concerns over tax revenue losses and regulatory compliance. ... certificates, which could include tax penalties and suspensions of ... assessed, with the tax penalties being calculated by ... yet to calculate the tax revenue losses associated with the ...Business Oct 31, 2024 | 11:31 am
Economist Warns Against Taxing Online Gambling as Indonesia Targets 'Underground Economy'
... his recent suggestion to tax revenues from the underground ... that this sector represents untapped tax potential, citing online sports ... ), contended that such a tax plan legitimizes harmful activities rather ... government has set a tax revenue target of Rp 2,189 ...News Oct 30, 2024 | 9:48 am
Cinema XXI’s Ticket Sales Drive 12% Revenue Increase in Third Quarter
... ’s net profit after tax reached Rp 529.8 ... percent. Meanwhile, earnings before interest, tax, depreciation, and amortization (EBITDA) ... regions in Indonesia. "The revenue for Cinema XXI up ... 63 percent of total revenue. Additionally, revenue from food and beverage ...Business Oct 23, 2024 | 1:25 pm
Finance Minister Now Reports Directly to President
... the state budget and oversee tax revenues. In a social media ... changed, except for the higher [revenue] target."Business Oct 22, 2024 | 2:22 pm
Declining Middle Class Contributes to Indonesia's Deflation, Experts Say
... revenue, particularly since the middle class is the largest contributor to tax ... ’s already narrow tax ratio faces further ... tax, and given our low tax ratio, the government must generate sufficient revenue ... from taxes. However, a shrinking tax ...Business Oct 7, 2024 | 4:07 pm
In Dueling Speeches, Harris Is to Make Her Capitalist Pitch While Trump Pushes Deeper into Populism
... and cutting corporate tax rates and preserving tax breaks for the ... use the revenue from that and other policies to sustain tax cuts ... Biden. Trump claims her tax hikes would ultimately trickle down ... raise hundreds of billions in tax revenues and not cause ...News Sep 25, 2024 | 8:32 pm
Prabowo’s Free Meal Plan to Unlock Indonesia’s Golden Era
... -minister also proposed a tiered tax scheme for MSMEs based on ... at 0.5 percent. The tax rate can increase to 0 ... .5 billion. A 1 percent tax rate is applicable if the ... 10 billion. "This way, state revenue from taxes will increase without ...News Sep 25, 2024 | 4:41 pm
Indonesia and The Global Tax Agreement
... percent minus the resident country tax and the source country ... 0 percent (UAE tax) and 5 percent (withholding tax in Indonesia), ... and gain additional tax revenue at once. The anti-tax avoidance rules can ... for the Center for State Revenue Policy of the Finance ...Opinion Sep 25, 2024 | 9:04 am
President Jokowi Launches Freeport and Amman $5 Billion Copper Smelters as Tenure Nears End
... 2024. Jokowi estimated that state revenue from Freeport Indonesia could reach ... , royalties, corporate taxes, employee income tax, and local taxes. “The construction ...Business Sep 23, 2024 | 6:11 pm
Indonesia Joins 42 Nations in Global Pact for Fairer Tax Practices
... Multilateral Instrument Subject to Tax Rule (MLI STTR) ... initiative to reduce unhealthy tax competition. The STTR ... tax avoidance measures, helping Indonesia combat practices that lead to revenue ... thereby safeguarding the domestic tax base. Additionally, it ...Business Sep 20, 2024 | 6:13 pm
Prabowo's First-Year Budget: Rp 3,621 Trillion Approved by DPR
... . The 2025 APBN outlines a revenue target of Rp 3,005 ... Rp 2,189 trillion from tax revenues, Rp 301.60 trillion ... 513.63 trillion from non-tax state revenues, and Rp 581 ...Business Sep 19, 2024 | 1:25 pm
House Approves Rp 1.99 Trillion Budget for BP Batam
... budget mainly comes from non-tax revenue of public service agencies (99 ...Special Updates Sep 13, 2024 | 8:05 pm
House Committee Proposes 2.5 Pct Excise on Sugary Drinks in 2025
... introduction of the tax is expected to boost state revenue from excise ... the tax should be viewed not only as a revenue-raising ... "While the SSB tax is seen as a revenue-generating tool, it ... Yusuf noted. Will Sugary Drinks Tax Keep Indonesians Away From Diabetes ...Business Sep 10, 2024 | 7:55 pm
Merdeka Copper's Contribution to Indonesian Economy
... ). The government reported that non-tax revenues from minerals and coal ... Rp 1.5 trillion in tax payments to Banyuwangi during 2016 ... quarter of 2024, MDKA’s revenue stood at $541.05 million ...Special Updates Aug 29, 2024 | 4:40 pm
Non-Tax State Revenue from Palm Oil Export Levy Hits $1 Billion
... reported Tuesday that the non-tax state revenue from palm oil export ... .3 percent of the non-tax state revenue recorded by public service ... percent of the overall non-tax state revenue which hit Rp 338 ...Business Aug 28, 2024 | 8:36 am
Gov’t Aims to Collect $141 Billion Tax Revenue Next Year
... around $141 billion) in tax revenue next year. According to the ... targeted value added tax and luxury tax for the year ... to the government’s tax revenue. The intensification strategy focuses ... needs to “continue the tax reforms, including digitalization and ...Business Aug 21, 2024 | 10:14 am
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