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revenue

State revenue nosedives in January and February
Economy 9 months ago

PREMIUM
State revenue nosedives in January and February

Indonesia’s state revenue dropped sharply in the first two months of 2025, and signs point to ...
2024 budget deficit smaller than anticipated
Economy 11 months ago

PREMIUM
2024 budget deficit smaller than anticipated

Last year’s budget closed with a deficit of Rp 507.8 trillion (US$31.34 billion), 2.29 percent...
2024 state revenue likely to miss target, says Sri Mulyani
Economy 11 months ago

PREMIUM
2024 state revenue likely to miss target, says Sri Mulyani

The government had aimed to collect as much as Rp 2.8 quadrillion (US$172.7 billion) in state revenu...
Opposition, ruling coalition trade blame over 12% VAT hike
Regulations 11 months ago

PREMIUM
Opposition, ruling coalition trade blame over 12% VAT hike

In late October 2021, the House’s plenary session passed the tax bill stipulating the VAT hike...
Focus on revenue reform
Editorial 1 year ago

Focus on revenue reform

We fail to understand how a new revenue agency or ministry would do anything better.
It’s time for a progressive wealth tax in Indonesia
Academia 1 year ago

PREMIUM
It’s time for a progressive wealth tax in Indonesia

Despite government efforts to improve the tax ratio, recent policies appear to favor the wealthy.
Govt to proceed with plan to set up revenue body, Hashim signals
Regulations 1 year ago

PREMIUM
Govt to proceed with plan to set up revenue body, Hashim signals

Hashim Djojohadikusumo, Prabowo’s top adviser and biological brother, said on Sunday that the ...
12% VAT: A Fiscal solution or an economic burden on the middle class?
Academia 1 year ago

PREMIUM
12% VAT: A Fiscal solution or an economic burden on the middle class?

The policy is considered ill-timed, given that the purchasing power of the people is already on the ...
The risks of bringing informal businesses into formal economy
Academia 1 year ago

PREMIUM
The risks of bringing informal businesses into formal economy

The Prabowo administration's bold plan to tax the underground economy could backfire, exacerbati...
Pinning hopes on Danantara
Editorial 1 year ago

Pinning hopes on Danantara

Prabowo can start, for example, by limiting dividend payouts by the SOEs to the state budget so that...
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