SEARCH
Search result with “Vat 12” as a keyword founded 94 news.
Frugal Ramadan Spending Puts Pressure on Indonesia's Economy
... slowdown compared to the 9–12 percent growth recorded in 2023 ... 6 percent value-added tax (VAT) discount on economy-class airfare ...Business Mar 19, 2025 | 2:39 pm
Indonesia’s Tax Revenue Drops 42 Pct in January as New Coretax System Faces Hurdles
... planned value-added tax (VAT) hike to 12 percent on luxury goods ... the drop to weaker domestic VAT collection and a slowdown in ... decline, tax revenue from import VAT, payroll tax (PPh 21), ... tax provided crucial support. Import VAT contributed Rp 20.21 trillion ...Business Mar 13, 2025 | 12:34 pm
Indonesia Waives Import Duties on International Competition Prizes
... Finance will exempt import duties, VAT, and income tax on prizes ... 7.5 percent and a VAT of 12 percent will apply, while ... additional import duties and VAT exemptions remain ...Business Feb 25, 2025 | 6:49 pm
Government Sets Tax Exemption for Employees Earning Rp 10 Million
... the increase in the VAT rate to 12 percent,” she said in ...News Feb 17, 2025 | 5:01 pm
Electricity Tariff Discount Leads to Deflation in January
... in the value-added tax (VAT) to 12 percent. As a consequence ... during 2024, with a 0.12 percent deflation in September, marking ...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 ... areas that require attention. The VAT increase, which applies only to ... government set the VAT increase from 11 percent to 12 percent on ...News Jan 29, 2025 | 11:21 am
Indikator Survey: President Prabowo Enjoys 79.3% Approval as Political Honeymoon Continues
... initial discussions on raising the VAT to 12 percent were met with ...News Jan 27, 2025 | 4:47 pm
From Spotify to Google Play: Gov’t to Return Money from Miscalculated VAT
... Tuesday evening that the 12 percent VAT would exclusively apply to ... This means that the 12 percent VAT should not affect popular ... platforms already imposed the 12-percent VAT on their services. “We ... find out whether a 12-percent VAT had affected video game ...Business Jan 2, 2025 | 5:43 pm
JCI Rises on 2025 Opening Day, VAT Policy Eases Investor Concerns
... on a positive note, gaining 12.52 points (0.18 percent ... , and Wahana Pronatural (WAPO) gaining 12.5 percent. Sinar Eka Selaras ... Value-Added Tax (VAT) hike from 11 percent to 12 percent, effective ...Business Jan 2, 2025 | 9:49 am
Sri Mulyani Announces Rp 265T Economic Stimulus to Offset VAT Hike Impact
... increase in value-added tax (VAT). As part of the ... vehicle purchases, as well as VAT relief for home purchases," she ... Subianto's confirmation that the VAT rate would increase from 11 ... 12 percent, effective January 1. The president underlined that the new VAT ...Business Jan 1, 2025 | 3:55 am
Prabowo Announces 12% VAT Increase on Luxury Goods Starting January 2025
... Value Added Tax (VAT) from 11 percent to 12 percent, effective ... president clarified that the increased VAT will apply exclusively to ... housing, will remain exempt from VAT, continuing to be taxed ... businesses. Prabowo said the VAT increase is in line with ...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 ... Stocknow.id, warned that the VAT hike would deal a heavy ... material costs due to the VAT increase may deter new property ...Business Dec 31, 2024 | 1:09 pm
12 Pct VAT to Have Little Impact on Concert Pricing, Promoter Says
... officer Sugiresky said that the 12-percent VAT would only affect a ... increase that much [once the 12-percent VAT is in place],” Sugiresky ... Rp 50,000. With the 12-percent VAT, a concertgoer has to ... we shouldn’t miscalculate the 12-percent VAT, and it should not ...Lifestyle Dec 31, 2024 | 10:00 am
Rupiah Gains Ground Amid Declining Dollar Index
... implement a 12 percent value-added tax (VAT) rate starting ... public transportation services remain VAT-exempt, minimizing the burden ... revealed that half of VAT exemptions currently benefit higher ... the potential revenue from VAT is significantly higher. Ibrahim ...Business Dec 30, 2024 | 5:33 pm
From Jokowi to Prabowo: 2024 Marks New Chapter for Indonesia
... capital project Nusantara on Aug. 12, 2024. (Photo Courtesy of ... cancel the value-added tax (VAT) hike. The Prabowo administration ... to raise the VAT from 11 percent to 12 percent starting on ... Wednesday. The VAT increase was ...News Dec 30, 2024 | 12:53 pm
We Have No Intention to Make People’s Lives Harder: Prabowo
... -added tax (VAT) from the current 11 percent to 12 percent starting ...News Dec 29, 2024 | 12:05 am
Jokowi Backs VAT Hike to 12 Percent Despite Public Outcry
... added tax (VAT) rate from 11 percent to 12 percent, despite ... Evasion Crackdown Better than 12 Pct VAT: Analyst The Finance Ministry ... Indonesia last increased the VAT rate from 10 percent ... also reiterated that the VAT adjustment aligns with legislative ...News Dec 28, 2024 | 9:57 am
Indonesia Mulls Extending 10% Flight Discount Until Eid al-Fitr 2025
... impact of the 12 percent Value Added Tax (VAT) increase, which will ...News Dec 26, 2024 | 11:17 am
Tax Evasion Crackdown Better than 12 Pct VAT: Analyst
... raising the value-added tax (VAT), according to an analyst. The ... raise the VAT from the current 11 percent to 12 percent starting ... not be subject to the VAT. Yusuf Wibisono, the director at ... been able to increase its VAT revenue without the tariff increase ...Business Dec 26, 2024 | 10:45 am
Government Unveils $1.3 Billion Credit Plan for Labor-Intensive Industries
... -added tax (VAT) rate from 11 percent to 12 percent starting January ... government will also absorb the VAT increase on essential goods, such ...Business Dec 25, 2024 | 11:43 am
Most Popular
1
Breaking: IDX Halts Stock Trading After 5 Pct Drop in Benchmark Index
2
Jakarta Floods Submerge 29 Neighborhoods, Water Levels Reach 2.5 Meters
3
Analysts: JCI’s 5% Drop is A Warning Sign for Indonesia’s Economy
4
IDX Sinks to Lowest Since 2021 on Downgrades, Job Cuts
5
Indonesia’s Richest Woman Loses $3.6 Billion in Three Days