Finance Ministry Explains Purbaya’s Rp 50 M Tax Shortfall
Jakarta. Indonesia’s Finance Ministry has clarified that a Rp 50 million ($2.9 K) tax underpayment reported by Finance Minister Purbaya Yudhi Sadewa in his 2025 annual tax return reflects a common outcome in the country’s progressive tax system, rather than any reporting irregularity.
Finance Ministry spokesperson Deni Surjantoro said the shortfall arose from a mismatch between taxes withheld and total tax owed, particularly as Purbaya earned income from multiple sources during the fiscal year.
“Such underpayment is normal, especially for taxpayers with more than one source of income. All earnings are consolidated in the final tax calculation, while withholding by each employer is carried out separately,” Deni said.
The ministry emphasized that Purbaya had submitted his 2025 annual income tax return on time and in full compliance with prevailing regulations.
Purbaya had earlier disclosed the underpayment during a media briefing in Jakarta, attributing it to dual income streams, his previous role at the Deposit Insurance Corporation (LPS) and his current position at the Finance Ministry. He said that he had not encountered such discrepancies in prior filings when his income came solely from LPS.
To improve reporting accuracy, the Directorate General of Taxes has rolled out its Coretax system, which integrates tax data automatically, including withholding records. The system is designed to help taxpayers complete filings correctly, comprehensively, and transparently.
“The Finance Ministry urges all taxpayers to fulfill their tax obligations in an orderly and timely manner,” Deni added.
Separately, Purbaya has extended the deadline for individual taxpayers to submit their annual returns to April 30, 2026, from the previous March 31, with the policy to be formalized in an official circular.
As of Tuesday, the tax office had received 9,072,935 annual income tax returns. Authorities warned that late submissions will incur administrative penalties of Rp 100,000 for individuals and Rp 1 million for corporate taxpayers.
Tags: Keywords:Related Articles
Indonesia’s Customs Revenue Rises 8.6% to Rp 240.3 T by September
Indonesia’s customs revenue rose 8.57% to Rp240.28 trillion through September, reaching 71.51% of its 2026 target.Indonesia Ends Flat Rp 6 Million Incentive for Free Meal Kitchens
Indonesia will replace the Rp 6 million daily incentive for free meal kitchens with Rp 2,000 per portion served from Oct. 5.Govt to Inject Rp20 Trillion Into Universal Healthcare Program as Costs Rise
Indonesia will inject Rp20 trillion into BPJS Kesehatan after healthcare claims exceeded premium revenue by Rp14 trillion.Indonesia Raises Rp 28.8 Trillion From Government Bond Auction
Indonesia raised Rp 28.8 trillion from a government bond auction that attracted Rp 42.87 trillion in total bids.Indonesia Sets $278 Million for Free School Pilot in 2027
Indonesia has earmarked Rp 5 trillion for a free school pilot in 2027, as total education spending is set to reach Rp 824 trillion.Indonesia’s 2027 State Spending to Top $230 Billion
Indonesia plans to spend $230 billion in 2027, prioritizing human capital development, infrastructure and public services.Suahasil Nazara Installs 14 Finance Ministry Officials Amid Reshuffle
Suahasil Nazara inaugurates 14 Finance Ministry officials as the ministry continues its personnel reshuffle.Indonesia Adds Rp 29.5 Trillion to Regional Transfers for Disaster Relief, Salaries
Indonesia raises regional transfers to Rp 715.34 trillion, adding Rp 29.5 trillion for disaster relief and regional employee salaries.Indonesia Disburses $18.7 Billion in Energy Subsidies, Compensation
Indonesia disbursed Rp 331.4 trillion in energy subsidies and compensation to PLN and Pertamina as of August, up 52.1% year-on-year.Finance Ministry Defends 3% Deficit Cap as Lawmakers Seek More Fiscal Room
Indonesia’s Finance Ministry stands by the 3% budget deficit cap as lawmakers push for greater fiscal flexibility to spur growth.The Latest
UN Boss Commends Indonesian Forest Protection Despite Persistent Haze Problem
Outgoing UN boss António Guterres' comment comes at an ironic time amid Indonesia's struggle with forest fires.Indonesia Must Benefit Most From Its Minerals: UN Chief
Outgoing UN chief António Guterres says that Indonesia must "retain a far greater share of the economic value" from its minerals.Chandra Asri Group Receives Trade Finance Excellence Award, Reinforcing Its Role in Indonesia’s Industrial Development
Chandra Asri Group receives the Trade Finance Excellence Award at CIMB Niaga Business Summit 2026.AEON MALL Deltamas Brings 11 Sports and Creative Competitions to AEONLYMPIC 2026
AEON MALL Deltamas hosts AEONLYMPIC 2026, featuring 11 sports and creative competitions, with more than 3,100 participants.Indonesian Stocks Extend Losses for Third Day, Fall 3.64% to 4,996
Indonesian stocks fell 3.64% on Monday, extending losses for a third straight session amid MSCI concerns and tighter trading limits.Most Popular
