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The Jakarta Post
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state-revenue

Indonesia needs broad-based tax reform to boost state revenue: IMF
Business 1 month ago

Indonesia needs broad-based tax reform to boost state revenue: IMF

Indonesia aims to bring the fiscal deficit back below 3 percent by 2023.
Deficit widens to US$46.3b as govt spending picks up
Business 1 month ago

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Deficit widens to US$46.3b as govt spending picks up

Tax revenue has fallen by 16.9 percent this year.
Govt, House pass Indonesia’s 2021 state budget: What you need to know
Business 1 month ago

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Govt, House pass Indonesia’s 2021 state budget: What you need to know

The 2021 State Budget Law targets Indonesia’s economic growth to rebound to 5 percent next yea...
Weak state revenue reflects ‘fragile’ economic recovery: Sri Mulyani
Business 3 months ago

Weak state revenue reflects ‘fragile’ economic recovery: Sri Mulyani

Several business sectors including trade, construction and real estate, as well as mining fell at a ...
Indonesia’s budget deficit swells to $22.4b in July as revenue falls
Business 3 months ago

Indonesia’s budget deficit swells to $22.4b in July as revenue falls

The government collected state revenue of Rp 922.2 trillion, a decrease of 12.4 percent year-on-year...
Fitch affirms Indonesia’s BBB rating with stable outlook despite vulnerabilities
Business 3 months ago

Fitch affirms Indonesia’s BBB rating with stable outlook despite vulnerabilities

Fitch cited a favorable medium-term growth outlook and low government debt-to-GDP ratio against high...
Focusing tax audits on high-net-worth individuals
Opinion 4 months ago

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Focusing tax audits on high-net-worth individuals

If the government imposes a wealth tax of just 2 percent on these HNWIs it could collect additional ...
Government unveils criteria for tech firms to collect VAT
Business 4 months ago

Government unveils criteria for tech firms to collect VAT

Over-the-top (OTT) technology firms appointed by the tax office as VAT collectors in July are expect...
Indonesia increases COVID-19 budget again amid soaring deficit
Business 5 months ago

Indonesia increases COVID-19 budget again amid soaring deficit

The government has again increased its planned spending on Indonesia’s battle against the COVI...
The rise of digital taxes during a pandemic
Opinion 6 months ago

The rise of digital taxes during a pandemic

 This measure could also become a new source of state revenue during the enormous tax relax...
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