SEARCH

Search result with “Tax Revenue Target For 2025” as a keyword founded 89 news.

Central Java Regent Scraps Controversial 250% Property Tax Hike After Public Backlash

... Sudewo said the property tax rate would be restored ... “I am cancelling the property tax increase to maintain public order ... isn’t just about the tax. The regent broke his ... : Indonesia's Tax Revenue Unlikely to Meet 2025 Target Fundraising posts for the planned ...
News Aug 8, 2025 | 5:52 pm

Second Semester 2025: a Test of Economic Resilience

... maintaining its full-year growth target of 5.2 percent, supported ... to meet the annual target unless corrective action ... tax breaks and spending cuts at the White House, Friday, July 4, 2025 ... only revenue and investment projections, but also strategies for export ...
Opinion Aug 3, 2025 | 8:29 pm

Indonesia Revises Budget Deficit Forecast as Revenue Falls in H1 2025

... country’s fiscal deficit for 2025 is now expected to ... Prabowo has called for the acceleration of deregulation ... president emphasized the need for deregulation so that the ... Minister: Indonesia's Tax Revenue Unlikely to Meet 2025 Target Despite the fiscal ...
Business Jul 23, 2025 | 7:04 am

Finance Minister: Indonesia's Tax Revenue Unlikely to Meet 2025 Target

... Indonesia’s tax revenue is unlikely to meet the target set in the 2025 state ... the first half of 2025, tax revenue stood at Rp 831.26 ... government’s ability to meet its tax targets for 2025.
Business Jul 1, 2025 | 10:40 pm

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

... is intended to make tax compliance easier for sellers by integrating the ... transparently,” she said. Indonesia’s Tax Revenue Snapshot 2024 target: Rp 1,988.9 trillion Actual ... (97.2 percent) 2025 target: Rp 2,189.3 trillion (+13.9 percent) Tax‑to‑GDP ratio ...
Business Jun 26, 2025 | 1:59 pm

Indonesia Delays Sugary Drink Tax to 2026

... ,” said Nirwala Dwi Heryanto, a spokesperson for the Directorate General of Customs ... ) in revenue from the MBDK tax as part of its 2025 excise target of ... offset through other revenue channels. “We will look for alternative sources of ...
Business Jun 23, 2025 | 7:46 pm

Prabowo Appoints New Tax and Customs Chiefs as Revenue Slides

... of 2025. Bimo Wijayanto, a senior bureaucrat at the Coordinating Ministry for Economic ... the 2025 revenue target of Rp 3,005 trillion ($183 billion). The breakdown shows tax ... meet with the finance minister for introductory briefings before being officially ...
Business May 20, 2025 | 8:07 pm

Indonesia’s State Revenue Falls 12% in Jan–Apr, Deficit Expected Ahead

... persist. “After posting a deficit for three consecutive months, we saw ... or 0.02 percent of GDP. Tax revenue totaled Rp 657 trillion, a ... previously said that the 2025 state budget is designed ... its 8 percent economic growth target over the next five years ...
Business May 20, 2025 | 3:26 pm

‘Sell America’ Wave Hits Wall Street as Moody’s Downgrades US Credit Rating

... downgraded the sovereign credit outlook for the United States, citing ... on debt, and weak tax revenue. The agency also flagged ... retail earnings this week, with Target, Home Depot, Lowe’s, and ... , and consumers alike. Walmart, for instance, said last week that ...
Business May 19, 2025 | 8:43 pm

State Budget Faces Major Shortfall as SOE Dividends Shift to Danantara

... zero since February 2025. The original 2025 state budget projected ... is exploring alternative non-tax revenue sources. These may include ... Suahasil also announced plans for a new joint initiative between ... and support the national target of 8 percent economic ...
Business May 8, 2025 | 9:30 pm

Indonesia is Banking on Welfare Programs After Disappointing Q1 GDP Results, Airlangga Says

... constrained government spending in early 2025, dampening domestic growth. “The ... Bappenas Reveals Prabowo’s 6.3 Percent Growth Target for 2026 He cited multiple drag ... this year; underwhelming tax revenue; and lackluster investment. Tax collections stood at ...
Business May 5, 2025 | 9:09 pm

Gov't Unlocks $5.2B in Budget Funds to Accelerate Spending

... from students concerned about funding for education and social programs. “As ... month. Major disbursements included funding for road maintenance, education aid, and ... of the 2025 target, comprising Rp 400.1 trillion in tax revenue and Rp 115 ...
Business Apr 30, 2025 | 3:36 pm

Foreign Tourists Prefer Other ASEAN Countries than Indonesia: Association

... showed. Despite the bigger target, it turns out that other ... attributed the foreigners' preference for other ASEAN countries to Indonesia ... more focused on posting non-tax revenue from visa. But the ... Indonesia could provide incentives for the tourism sector just ...
Lifestyle Mar 21, 2025 | 12:29 pm

Indonesia Posts $1.9 Billion Budget Deficit Amid Falling Tax Revenue

... that the 2025 budget deficit remains within target, as the ... seasonal fluctuations, explaining that tax revenue tends to rise at ... including Rp 10.6 trillion for energy subsidies. The government ... allocated Rp 13.6 trillion for electricity discounts, benefiting 71 ...
Business Mar 13, 2025 | 7:23 pm

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

... meet its ambitious full-year tax revenue target of Rp 2,189.31 trillion ... Budget Performance and Facts) February 2025 edition, attributed the drop to ... the biggest contributors to tax revenue, collectively accounting for 52.4 percent of January ...
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 ( ... ratio gauges a country's tax revenue relative to the size of ... “Our target is to reach Cambodia’s level [whose tax ratio] ... tax ratio from the usual 10 percent to 12.3 percent in 2025 ...
Business Feb 19, 2025 | 3:30 pm

Indonesian Industry Calls for Extension of Gas Subsidy Policy

... significantly improve cost efficiency for the petrochemical industry, ... challenges, and the government's target of 8 percent economic growth ... national economic growth in 2025. "This issue should ... and contributions to national tax revenue," he added. During the ...
Business Jan 9, 2025 | 2:02 pm

Denpasar Immigration Office Handles 138 Violations in 2024

... also achieved record-breaking non-tax state revenue of Rp 140.5 billion ... , surpassing its target of Rp 73.7 billion. This revenue came from passport ... planning to work abroad illegally. For foreign nationals, the office processed ...
News Jan 2, 2025 | 2:37 pm

Tax Evasion Crackdown Better than 12 Pct VAT: Analyst

... rather than imposing higher [tax] tariffs on people. For instance, they should ... amidst the government’s lower luxury tax revenue target. Indonesia aims to amass Rp ... (around $1 billion) in overall luxury tax for 2025, lower than Rp 27.26 ...
Business Dec 26, 2024 | 10:45 am

Finding the Middle Ground on 12 Percent VAT

... 2025. This marks a 23.46 percent increase compared to this year’s target ... -rate scheme for this VAT hike to avoid a disrupted tax revenue stream. The ... the lawmakers’ priority legislation list for 2025. “Assets stolen by imprisoned corruptors ...
Business Dec 10, 2024 | 9:50 am