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non-tax-revenue

Markets 1 month ago

PREMIUM
How coal production cuts affect Indonesia’s economy

The coal sector to come under further pressure this year, as the correction in coal prices is likely to continue in line with a deeper decline in Indonesia’s coal production.

Economy 1 year ago

PREMIUM
Golden Visa investments reach Rp 9 trillion, below annual target

The Directorate General of Immigration has set an ambitious goal for investment from golden visa recipients, and while a substantial sum has been amassed, it is less than half the amount targeted for this year.

Economy 1 year ago

PREMIUM
Govt to pursue taxes from ‘shadow economy’, Sri Mulyani says

The finance minister has announced a bold plan to target the shadow economy as a new source of tax revenue, particularly as the government looks to generate more funds to finance its ambitious and costly priority programs, including the free meals program.

Economy 2 years ago

PREMIUM
State finances still solid, but govt wary of trend

The Finance Ministry has warned that a slowing global economy could hurt Indonesia’s budget, as weaker commodity exports take a toll on customs and excise as well as on non-tax revenue.

Regulations 3 years ago

PREMIUM
Finance Ministry sets penalty for coal DMO non-compliance

The policy is intended to prevent a repeat of a domestic coal shortage that led to a coal export ban in January.

Business 5 years ago

Energy ministry rejects miners' request for relaxation on coal royalties

Miners contributed Rp 45.59 trillion ($3.25 billion) to the country’s total non-tax state revenue of Rp 405 trillion last year.

Indonesia 5 years ago

PREMIUM
Cheap gas incentives to cost government Rp 121.78 trillion in forgone revenue

With the cheap gas incentives, seven gas-intensive industries can buy natural gas at $6 per million British thermal units (mmbtu), below the average $8 per mmbtu

Business 6 years ago

Indonesia sees lower revenue from oil, gas

Energy and Mineral Resources Minister Ignasius Jonan said the target revenue was set with the assumption that the Indonesian Crude Price would be US$70 per barrel.