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Search result with “Vat Increase” as a keyword founded 114 news.
Retail Leaders Call for 9% VAT to Revive Spending and Rival Vietnam’s Growth
... Read More: Indonesia Extends VAT Incentive on Property Purchases ... was considering a possible VAT reduction to boost consumer ... : Prabowo Announces 12% VAT Increase on Luxury Goods Starting January ... opposition to the planned increase, the government opted for ...Business Oct 16, 2025 | 4:23 pm
Finance Minister Mulls VAT Cut to Boost Consumer Spending
... Tax Regulation Harmonization Law, Indonesia’s VAT rate was initially set to ... public resistance over the scheduled increase, the government implemented a selective adjustment ... 11 percent. Economists say a temporary VAT reduction could help stimulate household ...Business Oct 15, 2025 | 8:52 am
Too Sweet to Sustain: NGO Urges 20% Tax on Sweetened Beverages
... , which can cause obesity and increase the risk of diabetes, cancer ... Excise Offers A Sweet Alternative to VAT Hike: YLKIBusiness Oct 10, 2025 | 11:38 am
From Anger to Action: Public-Private Partnerships as a Path Forward
... debated Value Added Tax (VAT). This push for higher ... financial obligations. The raised VAT and other taxes, affecting both ... inflation and uncertainty. The increase in VAT and other taxes, affecting ... than repeatedly leaning on VAT or property tax hikes—which ...Opinion Sep 6, 2025 | 2:51 pm
Misbakhun Urges VAT Slash to Support Consumers
... 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 ... Regent Sudewo’s plan to increase the Rural and Urban Land ...News Sep 1, 2025 | 11:30 am
Indonesia Targets Shadow Economy to Lift $145 Billion in 2026 Tax Revenue
... . The target marks a 13.5 percent increase -- or Rp 280.8 trillion -- from ... entities as value-added tax (VAT) collectors for cross-border e-commerce ...Business Aug 20, 2025 | 5:15 am
From Growth Engine to Vulnerable Group: Indonesia’s Middle Class in Retreat
... cutting the value-added tax (VAT) rate from 11 percent to ... added. Read More: Celios: VAT Hike Could Increase Monthly Spending by $22 ...Business Aug 14, 2025 | 7:51 pm
Indonesia Weighs Tax Incentives to Promote Nickel-Based EV Batteries
... government-borne value-added tax (VAT), import duty exemptions, and luxury ... likely combine various tax incentives--VAT subsidies, import duty waivers, and ... $33.9 billion in 2024, a dramatic increase from $3.3 billion in 2017. Read ...Business Aug 7, 2025 | 2:18 pm
Second Semester 2025: a Test of Economic Resilience
... falling savings), and a modest increase in imported consumer goods. While ... Domestically, pressure arises from the VAT hike, a persistently weak rupiah ... 19.47 billion, an increase of $3.90 billion or ... reports suggest that this increase was largely driven by ...Opinion Aug 3, 2025 | 8:29 pm
Apindo to Push Bold Reforms, Fiscal Incentives at National Meeting with Top Indonesian Ministers
... Impact from 6.5% Provincial Minimum Wage Increase The group called for the ... targeted fiscal incentives -- such as VAT exemptions for subcontracting and raw ... materials, faster VAT refunds, import duty waivers, and ...Business Jul 29, 2025 | 6:32 pm
Finance Minister: Indonesia's Tax Revenue Unlikely to Meet 2025 Target
... cancel the planned increase in the value-added tax (VAT) from 11 ... sectors. Value-Added Tax (VAT) and Luxury Goods Sales Tax ... Property Tax (PBB) saw a sharp increase to Rp 11.5 trillion, jumping ... 61.33 trillion, a staggering increase of 1,550.6 percent from the ...Business Jul 1, 2025 | 10:40 pm
Prabowo’s $1.5 Billion Economic Stimuli: Are They Good Enough?
... bear the value-added tax (VAT) on airfares. Tollway tariffs ... government to consider lowering the VAT from 11 percent to 9 ... a VAT cut wouldn’t automatically mean smaller state revenue. The increase in ... should be able to increase its consumption more evenly ...Business Jun 10, 2025 | 6:33 pm
Indonesian Retailers Won’t Accept Big-Name Products Directly from Chinese Factories: Association
... . Read More: Prabowo Announces 12% VAT Increase on Luxury Goods Starting January ...Business Apr 24, 2025 | 5:36 am
Indonesia Begins 60-Day Trade Talks with US, Offers Commodity Imports for Tariff Relief
... negotiation strategy, Indonesia plans to increase imports of US energy products ... reduction in value-added tax (VAT) on select US goods and ...Business Apr 18, 2025 | 10:45 am
Indonesia Considers Doubling US Crude, LPG Imports to Offset Tariffs
... the state budget and won't increase our import volumes.” Read More ... are underway. The planned import increase is one of several initiatives ... reduction in value-added tax (VAT) for selected US products, to ...Business Apr 17, 2025 | 10:06 pm
Indonesia Offers Import Hike, Tax Incentives to Defuse Trade Strain with US
... specific figures on the anticipated increase in imports. "Indonesia will buy ... , including relaxing value-added tax (VAT) rates on specific US products ...Business Apr 14, 2025 | 8:51 pm
Frugal Ramadan Spending Puts Pressure on Indonesia's Economy
... offering a 6 percent value-added tax (VAT) discount on economy-class airfare ... must take concrete steps to increase purchasing power," Syafruddin warned, emphasizing ...Business Mar 19, 2025 | 2:39 pm
Indonesia’s Tax Revenue Drops 42 Pct in January as New Coretax System Faces Hurdles
... 31 trillion, a 13.29 percent increase from 2024. A government report, ... 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
Government Offers Up to 14 Pct Discount on Airfare for 2025 Eid Homecoming Season
... the Value-Added Tax (VAT) on economy-class domestic ... will pay only 5 percent VAT instead of the standard 11 ... , the government has introduced a VAT reduction on airfare. According to ... year. This represented a 56.4% increase from the 123.8 million travelers ...Lifestyle Mar 1, 2025 | 5:05 pm
Gov't Cuts VAT on Economy-Class Airfare to Ease Holiday Travel Costs
... government is providing a VAT incentive for scheduled domestic ... 2 of the regulation, VAT for economy-class scheduled domestic ... volume. By introducing the VAT reduction, the government ... a significant 56.4 percent increase from the 123.8 million travelers ...Lifestyle Feb 28, 2025 | 9:00 pm
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