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Search result with “Value Added Tax” as a keyword founded 167 news.Electricity Tariff Discount Leads to Deflation in January
... a recent increase in the value-added tax (VAT) to 12 percent. As ...Business Feb 3, 2025 | 3:49 pm
President Prabowo’s First 100 Days: Key Policies Receive Praise, But Challenges Remain
... initiatives are a 12 percent value-added tax (VAT) increase on luxury goods ...News Jan 29, 2025 | 11:21 am
Indonesia’s Special Economic Zones Attract Rp 90 Trillion Investment in 2024
... offer significant benefits, including generous tax incentives, expedited licensing procedures, and ... receive, such as exemptions from value-added tax on specific goods, duty-free ... as downstream industries to add value to raw materials. Batam Aero ...Business Jan 22, 2025 | 11:46 pm
Gov’t Launches App to Verify Social Aid Beneficiaries
... of the recent hike in value-added tax (VAT). According to Saifullah, the ...News Jan 2, 2025 | 11:51 pm
From Spotify to Google Play: Gov’t to Return Money from Miscalculated VAT
... be subject to the latest value-added tax (VAT) increase. Just hours before ... return the miscalculated taxes. He added: “Compensation is a possible option ... entered into force. The pre-tax price stands at Rp 54 ... additional Rp 7,200 in tax for a game that cost ...Business Jan 2, 2025 | 5:43 pm
JCI Rises on 2025 Opening Day, VAT Policy Eases Investor Concerns
... changed hands, with a transaction value of Rp 365.9 billion ... . President Prabowo announced that the Value-Added Tax (VAT) hike from 11 percent ...Business Jan 2, 2025 | 9:49 am
Sri Mulyani Announces Rp 265T Economic Stimulus to Offset VAT Hike Impact
... by the increase in value-added tax (VAT). As part ... 200 volt-amperes, she added. Wage subsidies, first introduced ... initiative also includes income tax subsidies for individuals earning ... for home purchases," she added. Her announcement followed President ...Business Jan 1, 2025 | 3:55 am
Prabowo Announces 12% VAT Increase on Luxury Goods Starting January 2025
... announced a hike in the Value Added Tax (VAT) from 11 percent to ... 2200-volt capacity, and various tax incentives for workers and small ... in line with the 2021 tax harmonization law and aims to ...News Dec 31, 2024 | 7:30 pm
Indonesian Stock Market Faces Headwinds with New 12% VAT in 2025
... introduction of a 12 percent value-added tax (VAT) starting January 1. This ... challenges due to the additional tax burden.Business Dec 31, 2024 | 1:09 pm
12 Pct VAT to Have Little Impact on Concert Pricing, Promoter Says
Jakarta. The upcoming value-added tax or VAT would not have ... system management costs. The regional tax on the ticket will also ...Lifestyle Dec 31, 2024 | 10:00 am
Rupiah Gains Ground Amid Declining Dollar Index
... country’s democracy," Ibrahim added. The World Bank has ... to implement a 12 percent value-added tax (VAT) rate starting January ... broader base compared to income tax, which is limited to ... "The government estimates additional tax revenue from the VAT increase ...Business Dec 30, 2024 | 5:33 pm
From Jokowi to Prabowo: 2024 Marks New Chapter for Indonesia
... to postpone or cancel the value-added tax (VAT) hike. The Prabowo administration ...News Dec 30, 2024 | 12:53 pm
We Have No Intention to Make People’s Lives Harder: Prabowo
... ,” Prabowo said in Jakarta. He added: “Please be patient. Please wait ... the plan to raise the value-added tax (VAT) from the current 11 ...News Dec 29, 2024 | 12:05 am
Jokowi Backs VAT Hike to 12 Percent Despite Public Outcry
... ’s decision 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 ...News Dec 28, 2024 | 9:57 am
Indonesia Mulls Extending 10% Flight Discount Until Eid al-Fitr 2025
... keep airfares affordable. Siswanto also added that this policy could help ... impact of the 12 percent Value Added Tax (VAT) increase, which will be ...News Dec 26, 2024 | 11:17 am
Indonesia Sees Robust Growth in Electric Vehicle Sales Amid Global Decline
... . In Indonesia, government subsidies and tax incentives have made EVs more ... program, the government cuts the value-added tax on electric car purchases to ...Tech Dec 26, 2024 | 10:54 am
Tax Evasion Crackdown Better than 12 Pct VAT: Analyst
... crackdown rather than raising the value-added tax (VAT), according to an ... needs to focus on tax crime crackdown rather than ... imposing higher [tax] tariffs on people. For ... GDP the following year. Income tax, however, remained stagnant. Data ...Business Dec 26, 2024 | 10:45 am
Government Unveils $1.3 Billion Credit Plan for Labor-Intensive Industries
... Rp 20 trillion. In addition, tax incentives have been implemented for ... ’s plan to raise the value-added tax (VAT) rate from 11 percent ...Business Dec 25, 2024 | 11:43 am
Government Open to Revisiting 12 Pct Luxury VAT Policy Amid Potential Microeconomic Impacts
... its policy to increase the Value Added Tax (VAT) on luxury goods ... Parliamentary Complex in Jakarta. The tax hike is part of the ... Tax Regulation Harmonization Law (UU HPP ... communicated to the public,” he added. Economic analysts also weighed in ...Business Dec 24, 2024 | 10:21 am
Indonesians to Hold Back on Spending This Holiday Season
... activities. The upcoming 12-percent value-added tax (VAT), which will enter into ...Lifestyle Dec 24, 2024 | 10:06 am
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