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Search result with “Tax Collection” as a keyword founded 99 news.

Declining Tax Revenue Signals Indonesia’s Economic Slowdown, Retail Group Warns

... 2022 to 2024. Declining tax revenue was the primary driver ... of the deficit. Tax revenue dropped by 25 percent ... Rp 240.4 trillion, with income tax collection shrinking by 30.19 percent ... seasonal fluctuations, explaining that tax revenue tends to rise at ...
Business Mar 17, 2025 | 5:00 pm

Indonesia Posts $1.9 Billion Budget Deficit Amid Falling Tax Revenue

... trillion in February 2024. Tax revenue dropped by 25 ... 240.4 trillion, with income tax collection shrinking by 30.19 ... seasonal fluctuations, explaining that tax revenue tends to rise ... . Additionally, changes in income tax regulations required the government to ...
Business Mar 13, 2025 | 7:23 pm

Indonesia’s Tax Revenue Drops 42 Pct in January as New Coretax System Faces Hurdles

... the government seeks to modernize tax collection and enforce a planned value-added ... VAT collection and a slowdown in corporate income tax receipts. Corporate income tax revenue ... for 52.4 percent of January’s tax collection. The manufacturing sector led with ...
Business Mar 13, 2025 | 12:34 pm

Indonesia Wants to Be on Cambodia’s Level for Tax-to-GDP Ratio

... Asia’s largest economy, Indonesia’s tax revenue-to-gross domestic product ... . This ratio gauges a country's tax revenue relative to the size ... his brother wanted to boost tax collection from the so-called “ ... economy to spur its tax revenue by using artificial ...
Business Feb 19, 2025 | 3:30 pm

Gov’t Launches App to Verify Social Aid Beneficiaries

... a complement to the formal data collection system, which gathers information on ... recent hike in value-added tax (VAT). According to Saifullah, the ...
News Jan 2, 2025 | 11:51 pm

KPK to Auction Properties, Vehicles, and Luxury Goods Seized from Disgraced Taxman Rafael Alun

... items seized from convicted tax official Rafael Alun Trisambodo ... of Rp 16 million. A collection of high-value jewelry presented ... will be destroyed.” From Tax Scandal to Conviction Rafael’s ... promotion to head a Jakarta tax office when the investigation began ...
News Dec 6, 2024 | 2:33 pm

Labor Unions Plan National Strike If VAT Hike Goes Through

... the government to increase tax revenue not by burdening ... taxpayer base and improving tax collection from large corporations and ... forced to shoulder a greater tax burden without any corresponding ... stance, arguing that the tax increase and inadequate wage ...
Business Nov 19, 2024 | 9:00 pm

Gov’t Aims to Collect $141 Billion Tax Revenue Next Year

... targeted value added tax and luxury tax for the year ... focuses on boosting the tax collection from registered taxpayers. Ajib ... needs to “continue the tax reforms, including digitalization and ... expanding the tax base.” The government also ...
Business Aug 21, 2024 | 10:14 am

Erick Thohir Meets TikTok and YouTube CEOs to Boost Indonesia's Digital Economy

... amount comes from the collection of value-added tax (VAT) from technology ... Rp 20.15 trillion, cryptocurrency tax of Rp746.16 billion, and ... fintech (P2P lending) tax of Rp2.11 trillion.
Business Jul 27, 2024 | 11:49 am

Pertamina Prepares for Subsidized Fuel Restrictions Starting August 17

... -ups. For 3 kg LPG, data collection has reached 45.3 million ID ... , particularly due to declining income tax receipts from commodity-based companies ...
Business Jul 16, 2024 | 1:35 pm

Indonesia Yet to Pass Halfway Mark for Tax Revenue Target

... from being halfway through its tax revenue target as the ... decline. This affects their tax payments.” Value-added tax (VAT) and luxury ... 5.72-percent increase in their collection. The government has reached 38 ... blamed the lower income tax on the declining oil ...
Business Jun 27, 2024 | 2:53 pm

State Budget Deficit Capped at 2.82 Pct of GDP for 2025

... ramp up its non-state tax revenue collection and improve the performances ...
Business Jun 4, 2024 | 4:15 pm

Harvey Moeis, Indonesia's 'Dream Husband,' Faces Tin Trading Corruption Probe

... Finance Ministry event on tax regulations in Central Java on ... discussing individuals included in tax calculations. "There are ... Harvey Moeis boasts an extensive collection of luxury cars, including ... Rp 10 billion. His collection also features vehicles such ...
News Mar 30, 2024 | 1:18 pm

Bali's Foreign Tourist Tax Revenue Exceeds Rp 9 Billion in First Week

... time per tourist for the tax collection procedure is approximately 23 seconds ...
Business Feb 21, 2024 | 11:59 am

Government Collects More than Rp 500 Billion in Digital Tax from Major Tech Companies

... 23 million) in digital tax from technology companies and ... value-added tax (VAT) and income tax obtained from ... to generate evidence of VAT collection, such as a commercial invoice ... VAT collection and confirming payment. Businesses subject to digital tax ...
Tech Feb 20, 2024 | 4:42 pm

Bali Implements Rp 150,000 Tourist Tax for Foreign Visitors Starting February 14

... be required to pay a tourist tax of Rp 150,000 ($10 ... time per tourist for the tax collection procedure is approximately 23 seconds ...
Lifestyle Feb 7, 2024 | 1:59 pm

Indonesia Begins Imposing E-Cigarette Tax on January 1

... implemented a policy to levy a tax on electronic cigarettes (e-cigarettes), ... a transition period for the collection of taxes on e-cigarettes ... only brought under excise tax regulations in 2018. The ... decision to tax electronic cigarettes emphasizes the ...
Business Dec 30, 2023 | 3:46 pm

Generous House Purchase Incentive Won’t Harm State Revenue, Official Says

... decision to exempt value-added tax (VAT) on home ... Directorate will cover this using tax revenue from previous years," ... elections," she said. Core Tax System The Finance Ministry is ... a fully automated and digitized tax collection system in mid-2024, known ...
Business Oct 27, 2023 | 10:06 pm

Troubled Customs Official Visits KPK to Report Wealth

... said earlier that Eko had a collection of vintage cars such as ... No More Showing Off: Tax Officials’ Big Motorbike Club Told ... came amid a scandal involving tax official Rafael Alun Trisambodo, whose ... found that a number of tax directorate officials have a big ...
News Mar 7, 2023 | 11:55 am
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