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Search result with “Tax Holiday” as a keyword founded 60 news.
Frugal Ramadan Spending Puts Pressure on Indonesia's Economy
... More: Indonesia's Eid Holiday Financial Turnover to Weaken to ... —particularly for gifts and holiday necessities—regional economies may ... a 6 percent value-added tax (VAT) discount on economy- ... 29. Early Disbursement of Holiday Bonuses – The government has ...Business Mar 19, 2025 | 2:39 pm
Declining Tax Revenue Signals Indonesia’s Economic Slowdown, Retail Group Warns
... the second half of 2024. Holiday shopping during Christmas, New Year ... could also be because the holiday bonuses (THR) haven’t been ... primary driver of the deficit. Tax revenue dropped by 25 percent ... that tax revenue tends to rise at year-end due to holiday ...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 percent ... 240.4 trillion, with income tax collection shrinking by 30.19 ... tax revenue tends to rise at year-end due to holiday ... percent. Additionally, changes in income tax regulations required the government to ...Business Mar 13, 2025 | 7:23 pm
Government Offers Up to 14 Pct Discount on Airfare for 2025 Eid Homecoming Season
... to ease travel costs for holiday travelers. The policy, regulated under ... to their hometowns for the holiday. Chief Infrastructure and Regional Development ... also reducing the Value-Added Tax (VAT) on economy-class domestic ...Lifestyle Mar 1, 2025 | 5:05 pm
Gov't Cuts VAT on Economy-Class Airfare to Ease Holiday Travel Costs
... is reducing the Value-Added Tax (VAT) on economy-class ... of the Eid al-Fitr holiday. Under a new regulation, passengers ... during the Ramadan and Eid holiday season. “To boost economic ... the remaining 6 percent. The tax reduction applies to base fares ...Lifestyle Feb 28, 2025 | 9:00 pm
Indonesia’s Economy Remains Solid, Minister Airlangga Says
... during the recent year-end holiday season. “The fourth ... strong due to the holiday season and the regional ... a series of year-end holiday policies, including free homecoming trips ... We will continue our tax holiday and tax allowance to maintain our investment ...Special Updates Feb 6, 2025 | 7:41 am
Electricity Tariff Discount Leads to Deflation in January
... increase in the value-added tax (VAT) to 12 percent. As ... and air fares during the holiday seasons. Throughout 2024, Indonesia experienced ...Business Feb 3, 2025 | 3:49 pm
Canada's Justin Trudeau Announces Resignation after Nearly A Decade as Prime Minister
... recently announced policies: a temporary sales tax holiday on goods ranging from children ... right and left. He levied a tax on carbon emissions and rescued ...News Jan 7, 2025 | 4:01 am
Rupiah Gains Ground Amid Declining Dollar Index
... activity to the New Year holiday season and a lack of ... a 12 percent value-added tax (VAT) rate starting January ... broader base compared to income tax, which is limited to specific ... . "The government estimates additional tax revenue from the VAT increase ...Business Dec 30, 2024 | 5:33 pm
Indonesians to Hold Back on Spending This Holiday Season
... hold back on spending this holiday season, according to an ... million Indonesians will go on holiday to celebrate Christmas and the ... upcoming 12-percent value-added tax (VAT), which will enter ... entirely sacrifice their year-end holiday, according to Tira. “Going ...Lifestyle Dec 24, 2024 | 10:06 am
Indonesia’s Efforts to Reduce Airfares Could Clash with VAT Increase
... impending increase in value-added tax (VAT), which is expected to ... will help citizens during the holiday season," Yudhoyono said in a press ...Business Dec 2, 2024 | 9:00 pm
Indonesia Extends Tax Holiday to 2025: A Guide for Investors
... government has officially extended the tax holiday facility until December 31, 2025 ... , Rosan Roeslani, revealed that the tax holiday is crucial in supporting a significant ... tourism facilities. Investors will receive a tax holiday for 20 years for investments ...Business Nov 9, 2024 | 12:43 am
Government to Block Sales of iPhone 16 and Google Pixel on E-Commerce Platforms
... More: Indonesian Lawmaker Calls Apple’s Tax Holiday Demand “Absurd,” Supports iPhone 16 ...Tech Nov 5, 2024 | 7:25 pm
Indonesia Announces Tax Holiday Extension to Counter Global Minimum Tax
... levels of corporate income tax reductions under the tax holiday scheme in Indonesia ... type. Industries eligible for the tax holiday include the pharmaceutical raw materials ... manufacturing, and more. Additionally, the tax holiday will be granted to investors ...Business Nov 4, 2024 | 11:46 pm
Indonesian Lawmaker Calls Apple’s Tax Holiday Demand “Absurd,” Supports iPhone 16 Ban
... for allegedly requesting a 50-year tax holiday and expressed his support for ... is asking for a 50-year tax holiday. This is absurd. They deserve ...Tech Nov 4, 2024 | 4:00 pm
Jasa Marga Sees 104 Pct Profit Surge, Driven by Eid Traffic and New Tax Rules
... the profit rise to new tax regulations that added Rp 600 ... .41 billion in deferred tax income. Even without this, the ... increased traffic and the Eid holiday impact,” Haning said during the ...Business Aug 28, 2024 | 3:56 pm
Labor Union Leader Predicts Eid Bonuses to Reach Rp 129 Trillion
... , which could also contribute to holiday expenses. Eid bonuses are typically ... economic growth, job creation, and tax revenue. Timboel proposes advancing THR ...Business Mar 27, 2024 | 2:47 pm
Weekly Market Update: IDX Slips 0.55 Percent as Central Bank Holds Benchmark Rate Steady
... an extension of value-added tax (VAT) incentives for electric cars ... . Tokyo’s markets were closed for a holiday, a day after they surged to ...News Feb 24, 2024 | 1:05 pm
Indonesia Needs to Incentivize EV Battery Recycling Industry: Expert
... should provide the decades-long tax holidays that nickel smelters enjoyed ... for a 20-year holiday for its corporate income tax. Smelters with investments ... 30 trillion could only get a tax holiday that ranges between 5 and 15 ...Business Feb 20, 2024 | 6:15 pm
BNI to Run 86 Outlets, 48 O-Branch This Eid Holiday
... “O-Branch” services this upcoming Eid holiday, according to a press release. BNI ... , online payment banking system redemption, tax payment, and Bureau of Logistics ...Special Updates Apr 15, 2023 | 9:10 pm
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