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Search result with “Tax Revenue Target” as a keyword founded 160 news.

Indonesia Targets Shadow Economy to Lift $145 Billion in 2026 Tax Revenue

... ($145.6 billion) in tax revenues by 2026. The target marks a 13.5 percent ... , depriving governments of billions in tax revenue while leaving workers and firms ... : Finance Minister: Indonesia's Tax Revenue Unlikely to Meet 2025 Target Key measures include ...
Business Aug 20, 2025 | 5:15 am

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

... Corporate Evaders: Why Indonesia's Tax Ratio Remains Low at 10 ... Law, and the government’s target of 5.4 percent economic growth ... stressed that meeting the target will require optimal fiscal ... Rp 3,147.7 trillion in revenue, leaving a projected deficit of ...
Business Aug 18, 2025 | 4:39 pm

Think Tank Warns of Tougher Collection as Indonesia Sets Bold 2026 Tax Target

... 2,357.7 trillion ($145.6 billion) in tax revenue by 2026 will likely force ... broadening the tax base and improving compliance, the government’s ambitious revenue targets ... . Read More: Finance Minister: Indonesia's Tax Revenue Unlikely to Meet 2025 Target
Business Aug 18, 2025 | 2:15 pm

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

... Jakarta struggles with its annual tax revenue target, coupled with some mishaps surrounding ... also aims to boost revenue generation by improving tax administration efficiency, including ... trillion (approximately $61.8 billion) in tax revenue as of August 11 this ...
Business Aug 14, 2025 | 10:36 am

Energy, Minerals Add $8.6 Billion to Indonesia’s Non-Tax Revenue

... 513.6 trillion in non-tax revenue this year, of Rp ... sources, although its non-tax revenue contribution was still far ... of the first-half non-tax revenue. “Prices of crude ... that Rp 254.5 trillion [non-tax revenue] target. Because President [Prabowo Subianto] ...
Business Aug 14, 2025 | 9:08 am

Indonesia Could Raise $5 Billion by Taxing Its 50 Wealthiest Citizens, Study Says

... ($5 billion) in additional revenue by imposing a wealth tax on just its 50 ... Minister: Indonesia's Tax Revenue Unlikely to Meet 2025 Target Wealth tax is calculated based ... : Prabowo Appoints New Tax and Customs Chiefs as Revenue Slides “There is ...
Business Aug 12, 2025 | 9:41 pm

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 ... This isn’t just about the tax. The regent broke his ... Minister: Indonesia's Tax Revenue Unlikely to Meet 2025 Target Fundraising posts for ...
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 by ... to meet the annual target unless corrective action is ... his signature bill of tax breaks and spending cuts ... needs to recalibrate not only revenue and investment projections, but also ...
Opinion Aug 3, 2025 | 8:29 pm

Indonesia Targets 5.8% GDP Growth in 2026, Deficit Capped at 2.53%

... macroeconomic assumptions include an inflation target of 1.5 to 3.5 ... Budget Deficit Forecast as Revenue Falls in H1 2025 ... the proposed budget, state revenue is forecast to reach ... : Indonesia's Tax Revenue Unlikely to Meet 2025 Target Finance Minister Sri ...
Business Jul 24, 2025 | 9:34 pm

Indonesia Revises Budget Deficit Forecast as Revenue Falls in H1 2025

... a sharp decline in state revenue during the first half of ... a 9 percent drop in government revenue in H1 2025. “We reported ... the decline in state revenue to the president and ... 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 ... Ministry's latest projections, tax revenue is expected to reach ... Based on our latest calculations, tax revenue will reach Rp 2,706.9 ... of first-half tax revenue includes: Income Tax (PPh) totaled Rp ...
Business Jul 1, 2025 | 10:40 pm

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

... proportional compliance and ensure that tax contributions reflect actual business ... transparently,” she said. Indonesia’s Tax Revenue Snapshot 2024 target: Rp 1,988.9 trillion Actual ... 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

... the implementation of an excise tax on sugary packaged beverages ( ... revenue from the MBDK tax as part of its 2025 excise target ... plans to offset through other revenue channels. “We will look ... for alternative sources of revenue, whether from other excise ...
Business Jun 23, 2025 | 7:46 pm

Prabowo Appoints New Tax and Customs Chiefs as Revenue Slides

... , replacing Askolani. Read More: Declining Tax Revenue Signals Indonesia’s Economic Slowdown, Retail ... 2025 revenue target of Rp 3,005 trillion ($183 billion). The breakdown shows tax ... Rp 657 trillion, while non-tax revenue declined 24.7 percent to Rp ...
Business May 20, 2025 | 8:07 pm

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

... percent of the full-year target of Rp 3,005 trillion ($ ... or 0.02 percent of GDP. Tax revenue totaled Rp 657 trillion, a decline ... the full-year target, slightly below total revenue and contributing to ... 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

... payments on debt, and weak tax revenue. The agency also flagged ... cost of extending Trump-era tax cuts, a key Republican policy ... Committee vote on a major tax and spending package. However, ... retail earnings this week, with Target, Home Depot, Lowe’s, and ...
Business May 19, 2025 | 8:43 pm

State Budget Faces Major Shortfall as SOE Dividends Shift to Danantara

... Ministry is exploring alternative non-tax revenue sources. These may include ... percent of the full-year target, he noted. In a separate ... .2 percent of the annual target, while spending hit Rp ... programs and support the national target of 8 percent economic growth ...
Business May 8, 2025 | 9:30 pm

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

... 5 percent, hitting the annual growth target will be extremely difficult,” Ajib ... : Bappenas Reveals Prabowo’s 6.3 Percent Growth Target for 2026 He cited multiple ... this year; underwhelming tax revenue; and lackluster investment. Tax collections stood at just ...
Business May 5, 2025 | 9:09 pm

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

... Sri Mulyani said. State revenue through March totaled Rp ... the 2025 target, comprising Rp 400.1 trillion in tax revenue and ... Rp 115.9 trillion in non-tax income. ... indicators tracking in parallel. “Revenue, spending, and deficit are ...
Business Apr 30, 2025 | 3:36 pm

Foreign Tourists Prefer Other ASEAN Countries than Indonesia: Association

... ) data showed. Despite the bigger target, it turns out that other ... more focused on posting non-tax revenue from visa. But the economic ...
Lifestyle Mar 21, 2025 | 12:29 pm