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Search result with “Income Tax” as a keyword founded 296 news.

No Tax Hikes as Indonesia Faces Revenue Shortfall: Purbaya

... also expected to help tax authorities identify potential tax underpayments through better ... . Citing a World Bank assessment, Tax Director General Bimo Wijayanto earlier ... country's combined value-added tax and corporate income tax compliance gap averaged about ...
Business Jul 14, 2026 | 3:34 pm

Jakarta Stocks Trade Choppy Ahead of Bond Auction, S&P Sovereign Review

... on July 24. Separately, tax refund realization in the first ... to a 40% decline in corporate income tax refunds and a 29.7% drop ... in domestic value-added tax (VAT) refunds. Kiwoom Sekuritas ... slowdown indicates delays in tax refund disbursements to protect ...
Business Jul 13, 2026 | 9:11 am

Government Stays Firm in Making Bali New International Financial Center

... in Bali, which will offer tax breaks and a special legal framework ... capital. These include corporate income tax exemptions, income tax exemptions for foreign workers, and ...
Business Jul 10, 2026 | 2:19 pm

Indonesia Posts Rp196.5 Trillion Budget Deficit in First Half of 2026

... period a year earlier. Tax revenue contributed Rp1,035.7 ... tax state revenue (PNBP) reached Rp271 trillion, up 21.6%, and grant income ... economic activity, tighter tax and customs administration, ... The 24.6% growth in tax revenue is encouraging, especially ...
Business Jul 7, 2026 | 5:35 pm

Indonesia’s Financial Center to Offer Double Incentives, Moral Hazard Risks Loom

... plan to set up a tax-friendly international financial center. ... entry duties, value-added tax, income tax, among others. “Let’s ... includes a 100% corporate income tax reduction facility for businesses ... countries can easily copy tax incentives. "Therefore, capital ...
Business Jul 7, 2026 | 9:09 am

Indonesia Layoffs Top 23,000 in 2026 as Economists Warn of Economic Slowdown

... increase open unemployment, reduce household income, weaken purchasing power, raise the ... immediately formulate strategic measures, including tax incentives, subsidized lending for labor ...
Business Jul 6, 2026 | 10:58 am

UGM Professor Links Mass Layoffs to Trade and Fiscal Policies

... the government's decision to impose a 0.5% income tax on micro, small, and medium ... weakening purchasing power among middle-income households has become increasingly evident ...
Business Jul 5, 2026 | 10:20 pm

DPR Drafts Law to Give Ride-Hailing Drivers Public Transport Status

... as their primary source of income. Under the new micro-enterprise ... expected to be exempt from income tax because their annual earnings fall ... (IDEAS) found average monthly net income for ride-hailing drivers had ...
News Jul 2, 2026 | 9:37 pm

Indonesia Cuts Ride-Hailing Commission Cap to 8%, Reclassifies Drivers

... Indonesia’s Ride-Hailing Drivers Income to Just $95 Ride- ... will be exempt from income tax because their annual earnings ... to build supplementary sources of income beyond ride-hailing. A December ... ) found average monthly net income for ride-hailing drivers had ...
Business Jul 1, 2026 | 4:55 pm

Indonesia Makes Tokopedia, Shopee Tax Collectors for Online Sellers

... major e-commerce platforms to collect income tax on behalf of qualifying online ... as tax collectors for a 0.5% withholding tax under Article 22 of Indonesia's Income Tax Law ... not introduce a new tax but changes how existing income tax is collected, shifting ...
Tech Jul 1, 2026 | 4:31 pm

Indonesia Carefully Weighs 0% Tax on Retirement Savings Plan

... is weighing whether imposing a 0% tax on retirement savings is necessary ... in other countries. The [0% tax] policy depends on the results ... not be subject to tax when withdrawing their retirement ... to pay the income tax. That’s why I propose 0% tax on JHT.” Under ...
Business Jun 29, 2026 | 5:50 pm

Indonesia Reassesses Tax Holidays to Prevent Revenue Leakage Abroad

... The new international tax rules require multinational ... receive exemptions from corporate income tax, which normally carries a ... result, Indonesia risks foregoing tax revenue without necessarily improving ... rate, while our corporate income tax rate is 22%, so ...
Business Jun 29, 2026 | 12:54 pm

Chinese-Owned Steel Mill Generated $557 Million in Sales but Paid Less Than $1.1 Million in Taxes: Purbaya

... lower tax payments, including value-added tax and corporate income tax,” Purbaya ... have affected the company’s tax liabilities. “Based on the ... it is clear that tax payments appear disproportionately low ... and comply with Indonesian tax and trade regulations. “I ...
Business Jun 25, 2026 | 9:32 pm

Indonesian Stocks Climb as MSCI Defers Frontier Market Decision

... includes Rp 2.04 trillion in tax incentives and transportation subsidies, Rp ... include a special 1.5% final income tax rate on royalty income for authors, transportation discounts ...
Business Jun 24, 2026 | 9:03 am

Bali Registers Almost $393 Million in Tax Receipts

... state news agency Antara. Corporate income tax rose 4.71% year-on- ... January to May. Personal income tax stood at Rp 313.63 ... 76 trillion. Property and building tax reached Rp 760 million over ... chief Darmawan remains upbeat that tax revenues would continue to ...
Business Jun 23, 2026 | 3:03 pm

Finance Minister Denies Legal Immunity for Danantara Bond Investors

... includes provisions offering legal and tax-related incentives for certain Danantara ... instruments as participants in Indonesia’s tax amnesty and voluntary disclosure programs ... bonds compared with other fixed-income instruments, including sovereign debt. Fikri ...
Business Jun 23, 2026 | 2:55 pm

Indonesia’s Danantara Bonds Receive Special Protection Under New Financial Law

... as having participated in Indonesia’s tax amnesty and voluntary disclosure programs ... , effectively granting them additional tax-related benefits. The policy shift ... field compared with other fixed-income instruments, including sovereign bonds. “The ...
Business Jun 23, 2026 | 12:22 pm

Government Launches $1.5 Billion Economic Stimulus Package for 2nd Half of 2026

... will fully cover value-added tax on domestic economy-class airline ... , Plastic Input To support middle-income households and improve workforce readiness ...
Business Jun 22, 2026 | 8:27 pm

Indonesia Announces Second Semester Stimulus Package

... government will cut the royalty income tax for book writers to a final ... ; 100% government-borne value-added tax for domestic economy flights (Rp ... . A 100% government-borne value-added tax for scheduled domestic economy-class ...
Special Updates Jun 22, 2026 | 8:15 pm

MSME Tax Overhaul May Slow Expansion, Hiring: Economists

... government has retained the 0.5% final income tax rate for MSMEs but restricted ... the new regulation, the 0.5% final income tax remains available to eligible MSMEs ... individual taxpayers remains exempt from income tax. The Directorate General of Taxes ...
Business Jun 12, 2026 | 3:42 pm
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