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Search result with “Tax Ratio” as a keyword founded 72 news.

Industry Ministry to End CBU Electric Vehicle Incentives in 2026

... luxury goods sales tax (PPnBM) and value-added tax (VAT). The regulation ... to realize local production at a 1:1 ratio with the number of CBU ...
News Sep 12, 2025 | 2:29 pm

Sri Mulyani’s Successor Told to Tax the Superrich, Restructure Debt

... already facing calls to tax the crazy rich and restructure ... urging Purbaya to slap a 2 percent tax on Indonesia's richest individuals -- a ... revenue each year. “A 2 percent tax on the assets of the ... -GDP (gross domestic product) ratio would reach 39.96 percent ...
Business Sep 8, 2025 | 9:33 pm

Rupiah May Strengthen Below Rp 16,000 as Growth Outlook Holds Steady

... Economy, Corporate Evaders: Why Indonesia's Tax Ratio Remains Low at 10% On ... prudently while maintaining a safe debt ratio, with support from the newly ...
Business Aug 18, 2025 | 4:39 pm

Shadow Economy, Corporate Evaders: Why Indonesia's Tax Ratio Remains Low at 10%

... said Monday that Indonesia’s low tax ratio could stem from the sizable ... announced that it would pursue a tax ratio of 10.47 percent of ... lagging behind the average tax-to-GDP ratio of the rich ... commented on why the tax-to-GDP ratio remained stagnant at around ...
Business Aug 18, 2025 | 2:10 pm

ADB Approves $500 Million Loan for Indonesia to Improve Tax Collection

... platform. “By modernizing tax administration through digitalization and ... strengthening international tax cooperation, Indonesia will ... Indonesia’s tax-to-gross domestic product (GDP) ratio by ... that Indonesia’s tax-to-GDP ratio stood at 12 ...
Business Aug 14, 2025 | 10:36 am

Second Semester 2025: a Test of Economic Resilience

... power, a rising consumption-to-income ratio (indicating falling savings), and a modest ... signing his signature bill of tax breaks and spending cuts at ...
Opinion Aug 3, 2025 | 8:29 pm

New Tax Rule: Online Sellers Earning Over Rp 500M to Face 0.5% Income Tax

... fundamental principles of income tax but offers a simplified, ... sellers, this means their tax obligations are automatically handled ... compliance and ensure that tax contributions reflect actual ... 11.8 percent (Dec 2024); Tax ratio goal: 11.2–12 percent in ...
Business Jun 26, 2025 | 1:59 pm

Analysts: JCI’s 5% Drop is A Warning Sign for Indonesia’s Economy

... -to-date. Read More: Declining Tax Revenue Signals Indonesia’s Economic Slowdown ... $1.9 Billion Budget Deficit Amid Falling Tax Revenue Outlook: More Volatility Ahead ... that valuations are attractive. “The P/E ratio of Indonesian stocks is now ...
Business Mar 18, 2025 | 1:45 pm

KB Bank Records 49.20 Pct Growth in Net Interest Income Last Year

... non-performing loan (NPL) ratio also reflected the bank’s efforts ... , while the liquidity coverage ratio (LCR) remained robust at ... the recognition of deferred tax expenses amounting to Rp ... recovery of income tax due to unutilized tax loss carryforwards. KB ...
Special Updates Mar 15, 2025 | 11:29 am

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

... when it comes to its tax ratio, according to President Prabowo ... one of the world’s lowest tax ratio. … The government will soon ... to reach Cambodia’s level [whose tax ratio] is at 18 percent, ... OECD's latest data, Cambodia's tax ratio stood at 14.7 percent as ...
Business Feb 19, 2025 | 3:30 pm

Indonesia’s Economy Remains Solid, Minister Airlangga Says

... -to-gross domestic product (GDP) ratio hit 38.9 percent as of ... ]. … We will continue our tax holiday and tax allowance to maintain our ...
Special Updates Feb 6, 2025 | 7:41 am

Tax Evasion Crackdown Better than 12 Pct VAT: Analyst

... crackdown rather than imposing higher [tax] tariffs on people. For ... the government’s lower luxury tax revenue target. Indonesia aims ... stagnant. Data shows income tax-to-GDP ratio went up from 4.1 ... 5.1 percent in 2022. The ratio was stagnant at 5.03 percent ...
Business Dec 26, 2024 | 10:45 am

Indonesia’s Car Sales Drop 15 Pct, Astra Maintains Dominance

... is introducing a 3 percent luxury goods tax incentive for hybrid vehicles in ... 2025 alongside extended EV tax incentives, aiming to support the ... to a price-to-earnings (PE) ratio of 7.01x, slightly higher than ... Currently, Astra trades at a PE ratio of 5.86x.
Business Dec 18, 2024 | 2:29 pm

China Signals Increased Support for the Economy as Trump Tariffs Loom

... stable, with a debt-to-GDP ratio of about 68 percent. In ... in debt due to plummeting tax revenues resulting from the property ...
Business Dec 13, 2024 | 5:56 pm

Automotive Sales at Risk as Government Plans 12% VAT in 2025

... implement a 12 percent value-added tax (VAT) in 2025 is feared ... consumer financing amid the high ratio of non-performing loans (NPL ... percent VAT policy and local tax options on vehicle prices ... excluding basic necessities from the tax. "We will implement the ...
News Dec 7, 2024 | 12:45 pm

VAT Hike Threatens to Shrink Indonesia's Middle Class Further

... percent of Indonesia's total tax revenue, plays a vital ... reducing their role as tax contributors and increasing their ... finances, as reduced tax revenues from the middle ... subsidies, worsening the tax-to-GDP ratio and challenging fiscal sustainability ...
News Dec 4, 2024 | 11:07 am

Declining Middle Class Contributes to Indonesia's Deflation, Experts Say

... middle class, Indonesia’s already narrow tax ratio faces further constraints. “Smaller businesses ... are challenging to tax, and given our low tax ratio, the government must ...
Business Oct 7, 2024 | 4:07 pm

Prabowo's First-Year Budget: Rp 3,621 Trillion Approved by DPR

... includes Rp 2,189 trillion from tax revenues, Rp 301.60 trillion ... 513.63 trillion from non-tax state revenues, and Rp 581 ... Open Unemployment Rate: 4.5-5 percent Gini Ratio: 0.379-0.382 Human Capital Index ...
Business Sep 19, 2024 | 1:25 pm

Prabowo’s Finance Minister Pick Will Face Formidable Challenges Ahead

... foreign debt and a declining tax-to-GDP ratio, according to Esther Sri ... the past decade, while our tax ratio has dropped to just 9-10 ...
Business Sep 16, 2024 | 6:37 pm

Economic Strain Cuts Indonesia’s Middle Class by 8.5 Million Since 2018

... revenue, contributing 50.7 percent of tax income, while the emerging middle ... at-risk category, diminishing their tax contributions and increasing reliance on ... may also affect the tax-to-GDP ratio, complicating efforts to achieve ...
Business Aug 8, 2024 | 1:35 pm