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tax-revenue

Indonesia’s budget deficit swells to $22.4b in July as revenue falls
Business 4 years 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...
Indonesia records $17.5b budget deficit in H1 as govt seeks to bolster spending
Business 4 years ago

Indonesia records $17.5b budget deficit in H1 as govt seeks to bolster spending

The deficit amounts to 1.57 percent of the country’s gross domestic product (GDP), the highest...
Indonesia increases COVID-19 budget again amid soaring deficit
Business 5 years 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...
State revenue to contract 10% as businesses suffer, tax incentives take effect: Sri Mulyani
Business 5 years 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...
Indonesia accelerates tax reforms, cuts corporate income tax in COVID-19 playbook
Business 5 years ago

Indonesia accelerates tax reforms, cuts corporate income tax in COVID-19 playbook

Finance Minister Sri Mulyani Indrawati said the government expected a 10 percent drop in tax revenue...
Dealing with fiscal risk amid weak tax revenue growth
Opinion 5 years ago

PREMIUM
Dealing with fiscal risk amid weak tax revenue growth

One of the most pressing issues for the government is weak tax revenue growth. Tax revenue growth wa...
Better tax collection needed as 2020 tax revenue target ‘hard to achieve’
Business 5 years ago

PREMIUM
Better tax collection needed as 2020 tax revenue target ‘hard to achieve’

The government expects to collect Rp 1.68 quadrillion (US$120.65 billion) in tax revenue this year....
Indonesia’s 2019 budget deficit widens to 2.2 percent amid tax revenue short fall
Business 5 years ago

Indonesia’s 2019 budget deficit widens to 2.2 percent amid tax revenue short fall

The government collected Rp 1.96 quadrillion in state revenue last year, below its target of Rp 2.16...
Jakarta entertainment businesses feel the squeeze of raids, high taxes: Association
City 5 years ago

PREMIUM
Jakarta entertainment businesses feel the squeeze of raids, high taxes: Association

The revocation of a business permit for entertainment venues may be conducted directly without the i...
Jakarta to go for stricter enforcement as it fails to meet tax target
City 5 years ago

PREMIUM
Jakarta to go for stricter enforcement as it fails to meet tax target

The Jakarta Tax and Levy Agency (BPRD) expects to collect Rp 40 trillion (US$2.8 billion) in tax rev...
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