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Search result with “Vat Increase” as a keyword founded 114 news.
Foreign Tourist Arrivals Expected to Surpass Pre-Pandemic Levels This Year
... 2019. The forecast follows a 5.38% increase in foreign tourist arrivals during ... compounded by value-added tax (VAT) on domestic airline tickets, which ...Business Oct 14, 2026 | 11:37 pm
House Approves 0.5% Tax on Small E-Commerce Sellers
... the standard value-added tax (VAT) regime, under which the rate ... the policy was designed to increase government revenue from digital transactions ...Business Sep 2, 2026 | 10:43 pm
Indonesia's Tax Revenue Estimated to Rise 23% Through July
... first half of 2026, an increase of 24.6% from the same ... came from value-added tax (VAT) and luxury goods sales tax ...Business Aug 11, 2026 | 9:55 pm
Jakarta Stocks Trade Choppy Ahead of Bond Auction, S&P Sovereign Review
... in domestic value-added tax (VAT) refunds. Kiwoom Sekuritas Indonesia said ... could pressure corporate liquidity and increase the government's payment obligations in ...Business Jul 13, 2026 | 9:11 am
Bali Registers Almost $393 Million in Tax Receipts
... saw a 23.60% increase in value-added tax (VAT) and luxury goods ... same period, marking a 262.42% increase. From a business standpoint, trade became ... , reaching Rp 1.24 trillion (17.7% increase). Accommodation and food and beverage ...Business Jun 23, 2026 | 3:03 pm
Indonesia’s Tax Receipts Rise 22% in First Five Months of 2026
... robust growth. Value-added tax (VAT) and luxury goods sales tax ... . Sectorally, trade generated the strongest increase in tax receipts, rising 52 ...Business Jun 5, 2026 | 5:25 pm
JCI Rebounds Ahead of MSCI Rebalancing, Fed Outlook in Focus
... removed from MSCI indices and increase overall market volatility. The stocks ... 100% of value-added tax (VAT), with different incentive structures for ... a weaker rupiah. “Despite this, the increase in the trade surplus is ...Business May 29, 2026 | 9:23 am
Indonesia Still Imports 55% of Steel Demand as Industry Faces Cheap Foreign Supply
... room for local producers to increase output and improve factory utilization ... Over Alleged Rp 500 Billion VAT Evasion One of the main ...Business May 13, 2026 | 10:34 am
Think Tank Warns Indonesia Tax Revenue Could Miss Target by Rp 484 Trillion
... came from Value Added Tax (VAT) and luxury goods sales tax ... . According to him, the sharp increase in early-year tax revenue ... in nature,” he said. “The increase in revenue at the start ... deficit and financing needs will increase further,” Akhmad said. Read More ...Business Apr 29, 2026 | 7:01 pm
JCI Hits 7,128 at Open on Tax Incentive Hopes
... surge by covering 100% of VAT on flight tickets for approximately ... first quarter of 2026. “This increase marks two consecutive quarters of ...Business Apr 28, 2026 | 9:15 am
Govt Sets 13% Ceiling on Economy Airfares
... government has capped any increase in economy-class airfares at ... relief measures. “The allowed increase is in the range of ... tax (VAT) being borne by the government, a permitted increase in fuel ... The government policy is clear. VAT is covered, fuel surcharges ...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 ... to respond to the sharp increase in jet fuel prices due ... both jet and propeller aircraft VAT borne by the government (11 ... , while authorities also delay any increase in the upper limit of ...Business Apr 8, 2026 | 1:57 pm
Hormuz Tensions Threaten Indonesia Auto Industry With 2–4% Cost Surge
... into the Red Sea, could increase Indonesia’s automotive production costs ... scenario. Higher energy costs would increase the government’s subsidy burden ... Rising oil prices would likely increase costs for key raw materials ... as Government Plans 12% VAT in 2025Business Mar 9, 2026 | 1:32 pm
Purbaya Inspects Tangerang Steel Plants Over Alleged Rp 500 Billion VAT Evasion
... had evaded value-added tax (VAT), potentially costing the state up ... indicated the companies avoided paying VAT by selling products directly to ... the economy accelerates, activity will increase again. But we expect taxes ...Business Feb 5, 2026 | 9:35 pm
High Volume of Tax Refunds Drags Indonesia’s Net Revenue Down 3.9 Percent
... tax (VAT) refunds reached Rp 238.86 trillion, an increase of 23 ... 2024. Read More: Purbaya Warns 1% VAT Cut Would Wipe Out Rp ...Business Nov 24, 2025 | 1:13 pm
Russia Raises VAT to 22% amid Slowing Wartime Economy
... the state budget. The increase is contained in legislation ... increase, the legislation lowers the threshold for requiring businesses to collect VAT ... Will Cost More The VAT increase comes on top of ... (AP Photo, File) The VAT increase could boost inflation at first ...Business Nov 16, 2025 | 1:57 pm
Top REI Veterans Voice Support for 8% Growth Goal, Urge Reforms in Housing Sector
... of the property VAT exemption until 2027, the increase of subsidized housing ... commercial-interest mortgages exempt from VAT. We hope this will be ...Special Updates Nov 2, 2025 | 3:55 pm
Purbaya Warns 1% VAT Cut Would Wipe Out Rp 70 Trillion in State Revenue
... reduce the value-added tax (VAT) rate, warning that each ... the rate was set to increase again to 12 percent this ... The minister noted that while VAT adjustment plans remain “on paper ... the possibility of a temporary VAT reduction to protect household purchasing ...Business Oct 28, 2025 | 7:01 pm
Pakuwon Jati Profit Jumps 21% on Strong Retail and Tax Incentives
... the January–September period, a 7 percent increase from Rp 4.79 trillion a year ... Tuesday. Read More: Indonesia Extends VAT Incentive on Property Purchases Through ...Business Oct 28, 2025 | 3:05 pm
Purbaya Mulls Overhaul of Gold Jewelry Tax Amid Concerns of Unfair Competition
... subject to a 1.6 percent VAT at the manufacturing level and ... The association proposed a single-tier VAT system, suggesting a flat 3 percent ... government is considering collecting VAT directly from producers to ... . “If this can help increase tax revenue, I’ll move ...Business Oct 23, 2025 | 11:42 pm
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