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Search result with “Tax Revenue” as a keyword founded 182 news.

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

... ), farmers, and fishermen, and provide tax incentives for businesses. The 2025 ... 616.2 trillion, with state revenue estimated at Rp 2,996 ...
Business Aug 16, 2024 | 11:07 pm

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

... trillion for regional transfers. State revenue is projected at Rp 2 ... 2,490.9 trillion in tax revenue and Rp 505.4 trillion ...
Business Aug 16, 2024 | 3:50 pm

Economic Strain Cuts Indonesia’s Middle Class by 8.5 Million Since 2018

... role in national revenue, contributing 50.7 percent of tax income, while ... at-risk category, diminishing their tax contributions and increasing reliance on ... . It may also affect the tax-to-GDP ratio, complicating efforts ...
Business Aug 8, 2024 | 1:35 pm

Barito Renewables Energy Reports $57.95 Million Profit in H1 2024

... million in H1 2023. Pre-tax profit was $143.06 million ... ) decrease in the cost of revenue, amounting to $914 million, ... aligning with BRPT's revenue decline of 15.6 percent ... Sidrap I helped mitigate some revenue decline, achieving record production. ...
Business Aug 1, 2024 | 2:32 pm

Indonesia Gears Up for Its Largest Shopping Festival

... ($1.5 billion), doubling the revenue from the Jakarta Great Sale ... be held to support local tax exemptions for promotional materials. We ...
Lifestyle Jul 31, 2024 | 9:35 am

Erick Thohir Meets TikTok and YouTube CEOs to Boost Indonesia's Digital Economy

... Ministry of Finance (Kemenkeu) recorded revenue from the digital economy sector ... the collection of value-added tax (VAT) from technology companies ... Rp 20.15 trillion, cryptocurrency tax of Rp746.16 billion, ... and fintech (P2P lending) tax of Rp2.11 trillion.
Business Jul 27, 2024 | 11:49 am

Sri Mulyani Reports Rp 7.1 Trillion Boost in State Revenue from Simbara App

... preventing illegal mining, increasing non-tax state revenue (PNBP), and compelling companies ... coal commodities, compliance with state revenue obligations, and port clearance. As ... that Simbara has effectively prevented revenue losses from illegal mining and ...
Business Jul 22, 2024 | 8:23 pm

Pertamina Prepares for Subsidized Fuel Restrictions Starting August 17

... revenue is projected to fall short, particularly due to declining income tax ...
Business Jul 16, 2024 | 1:35 pm

Gov't Proposes Duty Exemptions, Tax Breaks, and Tariff Overhaul to Lower Airfare

... vital to aviation, alongside tax incentives and a revised tariff ... currently impose double Value Added Tax (VAT), mandatory insurance fees, ... , the role of cargo revenue in airline profitability will be ... will also explore Value Added Tax (VAT) incentives for ...
Business Jul 11, 2024 | 12:38 pm

Indonesia to Limit Subsidized Fuel Purchases Starting August 17

... revenue is mainly due to the sharp drop in corporate income tax ... commodity revenues in corporate income tax (PPh). Many palm oil companies ... Number (NPWP), resulting in incomplete tax collections. Previously, Finance Minister Sri ...
Business Jul 10, 2024 | 4:53 pm

No More Import Please, Jokowi Tells Regents

... not easy to collect state revenue. We have to collect taxes ... not to mention the non-tax state revenue, dividends, and royalties,” Jokowi ... eventually accumulates into our state revenue. [The minister] then transfers [part ...
Business Jul 10, 2024 | 1:07 pm

Indonesia Maintains Budget Deficit Target Amid Tax Revenue Dip

... 288.4 trillion from non-tax revenue. Tax revenue, at Rp 893.8 trillion ... .4 trillion last year. Non-tax revenue amounted to Rp 288.4 ... 2023. "All components of tax and non-tax revenue have contracted, leading to ...
Business Jul 8, 2024 | 5:26 pm

Jokowi Summons Ministers Over Drug Prices Five Times Higher than Malaysia

... tax reforms aimed at enhancing efficiency and simplicity without compromising government revenue ...
News Jul 2, 2024 | 1:20 pm

Indonesia Yet to Pass Halfway Mark for Tax Revenue Target

... from being halfway through its tax revenue target as the populous country ... 38.23 percent of [our tax revenue] target for this year,” Finance ... revenue is on a decline. This affects their tax payments.” Value-added tax ...
Business Jun 27, 2024 | 2:53 pm

Indonesia’s State Revenue Drops 7.1 Pct

... $68.4 billion) in state revenue so far this year as ... period in 2023. Customs-related revenue had also declined 7.8 ... the decline in the declining tax revenue to Indonesian mining companies who ... trillion in non-tax revenue as of late May. Non-tax revenue also went ...
Business Jun 24, 2024 | 6:01 pm

State Budget Deficit Capped at 2.82 Pct of GDP for 2025

... Sri Mulyani, the expected state revenue for the year would be ... ramp up its non-state tax revenue collection and improve the performances ...
Business Jun 4, 2024 | 4:15 pm

Indonesia Posts $4.7 Billion State Budget Surplus As of April

... trillion. However, the overall state revenue saw a 7.6 percent ... trillion of the overall state revenue came from taxes. The government ... 2,309.9 trillion in tax revenue, meaning that it has only ... and excise duties. Non-tax state revenue stood at Rp 203.3 ...
Business May 28, 2024 | 7:40 am

10 Million Indonesian Gen Zs Unemployed, Government Targets Vocational Training

... and its potential impact on tax revenue. He highlighted the need for ... sector employment poses challenges to tax revenue. BPS data from February 2024 ... remain in the informal sector, tax revenue will likely decline, impacting savings ...
Business May 22, 2024 | 10:04 am

Prabowo to Keep 3 Pct Budget Deficit Cap Despite Free Lunch Program

... the government to increase tax ratio and revenue services. Earlier this year ...
Business May 16, 2024 | 3:36 pm

Apindo: 12 Percent VAT Increase in 2025 Could Derail Economic Recovery

... Budget, revenue from VAT and luxury goods tax reached approximately ... to 12 percent, VAT revenue could increase by around ... state revenue, which includes taxes, excise duties, non-tax state ... is continually working to increase tax revenue. By 2025, under ...
Business May 16, 2024 | 9:26 am
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