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The Jakarta Post
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tax-collection

Govt appoints 10 new 'VAT collectors' amid declining revenue, consumer shift
Business 3 months ago

Govt appoints 10 new 'VAT collectors' amid declining revenue, consumer shift

The tax office has added another 10 companies to its list of "VAT collectors" as it pushes...
Indonesia needs broad-based tax reform to boost state revenue: IMF
Business 4 months 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.
Jobs law offers tax incentives to attract investment
Business 4 months ago

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Jobs law offers tax incentives to attract investment

The Finance Ministry’s Fiscal Policy Agency head, Febrio Kacaribu, has said that new tax incen...
Weak state revenue reflects ‘fragile’ economic recovery: Sri Mulyani
Business 6 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 ...
Explainer: What you need to know about Trump's battle with New York over his financial record
World 7 months ago

Explainer: What you need to know about Trump's battle with New York over his financial record

A US Supreme Court ruling on Thursday allowed the chief Manhattan prosecutor to obtain the financial...
Indonesia increases COVID-19 budget again amid soaring deficit
Business 8 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...
Indonesia defends digital tax policy despite US scrutiny
Business 8 months ago

Indonesia defends digital tax policy despite US scrutiny

The new Finance Ministerial Regulation No. 48/2020 states that the tax authority will impose a 10 pe...
State revenue to contract 10% as businesses suffer, tax incentives take effect: Sri Mulyani
Business 10 months ago

State revenue to contract 10% as businesses suffer, tax incentives take effect: Sri Mulyani

Finance Minister Sri Mulyani Indrawati said on Monday that state revenue would amount to Rp 1.76 qua...
Tax revenue down 5 percent as COVID-19 hits businesses
Business 11 months ago

Tax revenue down 5 percent as COVID-19 hits businesses

National tax revenue has fallen by 5 percent as of February compared to the same period last year as...
State-owned companies promise higher dividends, stock buyback to help economy
Business 11 months ago

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State-owned companies promise higher dividends, stock buyback to help economy

All four state-owned banks have allocated larger dividends earlier than last year as the government ...
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