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Search result with “Vat Hike” as a keyword founded 64 news.
JCI Rebounds Ahead of MSCI Rebalancing, Fed Outlook in Focus
... 100% of value-added tax (VAT), with different incentive structures for ... -Iran Tensions and BI Rate Hike Weigh on MarketBusiness May 29, 2026 | 9:23 am
Govt Sets 13% Ceiling on Economy Airfares
... . These include value-added tax (VAT) being borne by the government ... . “The government policy is clear. VAT is covered, fuel surcharges are ... %,” he added. Read More: Airfare Hike to Put Indonesian Tourism Behind ...Business Apr 10, 2026 | 3:43 pm
Indonesia’s Airlines Still Struggle Despite 38% Fuel Surcharge Increase
... also introduced a value-added tax (VAT) subsidy, locally known as PPN ... both jet and propeller aircraft VAT borne by the government (11 ... to build. Read More: Airfare Hike to Put Indonesian Tourism Behind ...Business Apr 8, 2026 | 1:57 pm
Airfare Hike to Put Indonesian Tourism Behind ASEAN Neighbors
... , and the freshly announced airfare hike caps are expected to create ... bear the value-added tax (VAT) on domestic economy seats. Indonesia ... 1.3 trillion a month — to cover the VAT. Indonesia will implement the policy ...News Apr 7, 2026 | 2:00 pm
Too Sweet to Sustain: NGO Urges 20% Tax on Sweetened Beverages
... Excise Offers A Sweet Alternative to VAT Hike: YLKIBusiness Oct 10, 2025 | 11:38 am
Misbakhun Urges VAT Slash to Support Consumers
... derivative products currently subject to VAT should be taxed at ... , he noted that reducing VAT from 11 percent to 10 ... increased economic transactions. “A lower VAT rate will stimulate household consumption ... the cancellation of the tax hike but also calling for ...News Sep 1, 2025 | 11:30 am
From Growth Engine to Vulnerable Group: Indonesia’s Middle Class in Retreat
... cutting the value-added tax (VAT) rate from 11 percent to ... ,” he added. Read More: Celios: VAT Hike Could Increase Monthly Spending by ...Business Aug 14, 2025 | 7:51 pm
Second Semester 2025: a Test of Economic Resilience
... . Domestically, pressure arises from the VAT hike, a persistently weak rupiah, and the ...Opinion Aug 3, 2025 | 8:29 pm
Indonesia Offers Import Hike, Tax Incentives to Defuse Trade Strain with US
... , including relaxing value-added tax (VAT) rates on specific US products ...Business Apr 14, 2025 | 8:51 pm
Indonesia’s Tax Revenue Drops 42 Pct in January as New Coretax System Faces Hurdles
... a planned value-added tax (VAT) hike to 12 percent on luxury ... the drop to weaker domestic VAT collection and a slowdown in ... 4.16 trillion, while domestic VAT revenue dropped to Rp 2.58 ... provided crucial support. Import VAT contributed Rp 20.21 trillion ...Business Mar 13, 2025 | 12:34 pm
Gov’t Launches App to Verify Social Aid Beneficiaries
... of the recent hike in value-added tax (VAT). According to Saifullah ...News Jan 2, 2025 | 11:51 pm
From Spotify to Google Play: Gov’t to Return Money from Miscalculated VAT
... jets, to name a few. The VAT hike officially entered into force on ... last-minute announcement that the hike would only affect luxury goods ... out whether a 12-percent VAT had affected video game purchases ... ,600 under an 11-percent VAT. A screenshot of a video game ...Business Jan 2, 2025 | 5:43 pm
JCI Rises on 2025 Opening Day, VAT Policy Eases Investor Concerns
... that the Value-Added Tax (VAT) hike from 11 percent to 12 ...Business Jan 2, 2025 | 9:49 am
Sri Mulyani Announces Rp 265T Economic Stimulus to Offset VAT Hike Impact
... increase in value-added tax (VAT). As part of the ... vehicle purchases, as well as VAT relief for home purchases," she ... Prabowo Subianto's confirmation that the VAT rate would increase from 11 ... president underlined that the new VAT rate would apply only to ...Business Jan 1, 2025 | 3:55 am
Prabowo Announces 12% VAT Increase on Luxury Goods Starting January 2025
... officially announced a hike in the Value Added Tax (VAT) from 11 ... clarified that the increased VAT will apply exclusively to ... , will remain exempt from VAT, continuing to be taxed ... 's purchasing power. "The gradual VAT hike was designed to avoid significant ...News Dec 31, 2024 | 7:30 pm
Indonesian Stock Market Faces Headwinds with New 12% VAT in 2025
... a 12 percent value-added tax (VAT) starting January 1. This policy is ... Stocknow.id, warned that the VAT hike would deal a heavy blow to ... material costs due to the VAT increase may deter new property ...Business Dec 31, 2024 | 1:09 pm
Rupiah Gains Ground Amid Declining Dollar Index
... conditions favorable for a rate hike, with one predicting action ... public transportation services remain VAT-exempt, minimizing the burden ... revealed that half of VAT exemptions currently benefit ... , the potential revenue from VAT is significantly higher. Ibrahim ...Business Dec 30, 2024 | 5:33 pm
From Jokowi to Prabowo: 2024 Marks New Chapter for Indonesia
... cancel the value-added tax (VAT) hike. The Prabowo administration already announced ... the plan to raise the VAT from 11 percent to 12 ... percent starting on Wednesday. The VAT increase was a mandate from the ...News Dec 30, 2024 | 12:53 pm
Jokowi Backs VAT Hike to 12 Percent Despite Public Outcry
... Solo, Central Java. The VAT hike, set to take effect next ... Crackdown Better than 12 Pct VAT: Analyst The Finance Ministry ... Indonesia last increased the VAT rate from 10 percent to ... also reiterated that the VAT adjustment aligns with legislative decisions ...News Dec 28, 2024 | 9:57 am
Tax Evasion Crackdown Better than 12 Pct VAT: Analyst
... raising the value-added tax (VAT), according to an analyst. The ... -tank Next Policy, said the VAT hike could add pressure on the ... been able to increase its VAT revenue without the tariff increase ... to 11 percent in 2022. VAT revenue contributed to 3.25 percent ...Business Dec 26, 2024 | 10:45 am
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