Tax revenue
Tax revenue
Indonesia’s foreign debt reaches US$375.5 billion
Jakarta -- Indonesia's foreign debt reached US$375.5 billion in late January or a 10.3 percent growth compared to the same month last year, Bank...
Oil palm agency collects Rp 2.1t in export tax toward biodiesel incentive
Jakarta -- Indonesian Oil Palm Estate Fund (BPDP-KS) has collected Rp 2.1 trillion (US$147 million) in taxes imposed on palm oil exports in first...
Indonesia’s Budget Deficit Narrows in January Thanks to Higher Oil Price
Jakarta -- Indonesia ended the first month of the year with a lower budget deficit compared with the same period last year, as a...
E-commerce association calls for public test of new tax regulation
Jakarta -- The Indonesian E-Commerce Association (idEA) has called on the Finance Ministry to carry out a public trial before fully enforcing a new...
Gov’t to Lower Income Tax for Conventional, Online SMEs
Jakarta -- Indonesia will cut final income tax on small and medium enterprises by half and also impose taxes on e-commerce businesses to even...
Too high tax revenue target frightens businesspeople
Jakarta -- This year the government is set to increase tax revenue by 10.94 percent of Rp 1.94 quadrillion (US$99.39 billion) as stipulated in...
Travelers can now bring in goods worth $500 duty free
Jakarta -- The government has increased the allowance for items bought abroad that travelers may bring into the country duty free. The threshold beyond...
Indonesia backpedals on coal production cap
Jakarta -- It is unlikely that Indonesia will set a cap on coal production in the near future due to uncontrollable coal mining activities...
Indonesia needs to focus on upper-middle-income taxpayers
Jakarta -- The World Bank has said newly appointed Director General of Taxation Robert Pakpahan, who assumed office on December 1, needs to create...
Economy stable, govt to study purchasing power
Jakarta -- The Financial System Stability Committee (KSSK) has recorded stable economic conditions up to the third quarter this year, but it has also...
