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Search result with “Vat Rise” as a keyword founded 34 news.

Prabowo Adds 6% Mortgages, Expands Worker Tax Relief in 2027

... and revising value-added tax (VAT) facilities for the precious metals ... . The second measure will revise VAT facilities for the jewelry industry ... The government will extend its VAT-borne-by-government (DTP) incentive ... Universal Healthcare Program as Costs Rise
Business Oct 1, 2026 | 1:29 pm

Indonesia's Tax Revenue Estimated to Rise 23% Through July

... came from value-added tax (VAT) and luxury goods sales tax ...
Business Aug 11, 2026 | 9:55 pm

Indonesia’s Tax Receipts Rise 22% in First Five Months of 2026

... robust growth. Value-added tax (VAT) and luxury goods sales tax ...
Business Jun 5, 2026 | 5:25 pm

JCI Rebounds Ahead of MSCI Rebalancing, Fed Outlook in Focus

... 100% of value-added tax (VAT), with different incentive structures for ... . Kiwoom estimates the surplus will rise to around $3.78 billion from ...
Business May 29, 2026 | 9:23 am

JCI Hits 7,128 at Open on Tax Incentive Hopes

... surge by covering 100% of VAT on flight tickets for approximately ... quarters of growth, following a 4.3% YoY rise in the fourth quarter of ...
Business Apr 28, 2026 | 9:15 am

Govt Sets 13% Ceiling on Economy Airfares

... . These include value-added tax (VAT) being borne by the government ... clear. VAT is covered, fuel surcharges are allowed to rise up to ...
Business Apr 10, 2026 | 3:43 pm

Scrapping EV Incentives May Be Premature, Analysts Warn

... a normal rate of 77%, while VAT on locally produced EVs dropped ... EVs expire in 2025, while VAT on locally assembled EVs has ... remains insufficient, EV prices could rise sharply and sales could slide ...
Business Jan 25, 2026 | 11:54 pm

High Volume of Tax Refunds Drags Indonesia’s Net Revenue Down 3.9 Percent

... was mainly driven by a sharp rise in tax refunds, which reduced ... trillion a year earlier. The steepest rise occurred in corporate income tax ... Next Year Value-added tax (VAT) refunds reached Rp 238.86 ... 2024. Read More: Purbaya Warns 1% VAT Cut Would Wipe Out Rp ...
Business Nov 24, 2025 | 1:13 pm

Prabowo Tasks Finance Minister to Lift Tax Revenue, Revise Export Rules

... the value-added tax (VAT) rate if economic conditions ... Law, Indonesia’s VAT rate was scheduled to rise from 11 percent ... Indonesia’s economic growth. “A lower VAT would send a strong signal ... Association (AGRA). Indonesia’s VAT remains higher than those of ...
Business Oct 16, 2025 | 6:05 pm

Retail Leaders Call for 9% VAT to Revive Spending and Rival Vietnam’s Growth

... its value-added tax (VAT) rate to strengthen competitiveness ... Read More: Indonesia Extends VAT Incentive on Property Purchases ... was considering a possible VAT reduction to boost consumer ... Law, Indonesia’s VAT rate was originally set to rise gradually -- ...
Business Oct 16, 2025 | 4:23 pm

Finance Minister Mulls VAT Cut to Boost Consumer Spending

... we can lower the VAT rate to support household ... Read More: Indonesia Extends VAT Exemption for Home Purchases Until ... Law, Indonesia’s VAT rate was initially set to rise gradually -- from ... . 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

... ), warning that it could trigger a rise in non-communicable diseases (NCDs ... Excise Offers A Sweet Alternative to VAT Hike: YLKI
Business Oct 10, 2025 | 11:38 am

From Anger to Action: Public-Private Partnerships as a Path Forward

... financial obligations. The raised VAT and other taxes, affecting both ... and uncertainty. The increase in VAT and other taxes, affecting a ... than repeatedly leaning on VAT or property tax hikes—which ... shoulders of citizens. The rise in VAT and property levies has ...
Opinion Sep 6, 2025 | 2:51 pm

From Growth Engine to Vulnerable Group: Indonesia’s Middle Class in Retreat

... trend continues, it could trigger a rise in poverty, erode purchasing power ... cutting the value-added tax (VAT) rate from 11 percent to ... ,” he added. Read More: Celios: VAT Hike Could Increase Monthly Spending ...
Business Aug 14, 2025 | 7:51 pm

Jakarta Taxes Your Workout -- Unless You Play Golf

... the national Value Added Tax (VAT), regulated by Indonesia’s central government ... were subject to both national VAT and regional entertainment taxes -- a dual ... was ultimately deemed unfair. The Rise of Padel -- and Why It ...
Lifestyle Jul 4, 2025 | 12:42 pm

Indonesia Considers Doubling US Crude, LPG Imports to Offset Tariffs

... the US, a share that could rise to as much as 85 ... reduction in value-added tax (VAT) for selected US products, to ...
Business Apr 17, 2025 | 10:06 pm

Frugal Ramadan Spending Puts Pressure on Indonesia's Economy

... to see a weaker-than-usual rise in consumption due to ongoing ... offering a 6 percent value-added tax (VAT) discount on economy-class airfare ...
Business Mar 19, 2025 | 2:39 pm

Gov't Cuts VAT on Economy-Class Airfare to Ease Holiday Travel Costs

... the government is providing a VAT incentive for scheduled domestic economy ... 2 of the regulation, VAT for economy-class scheduled domestic ... by airline operators. The VAT incentive is available for ... rise due to increased passenger volume. By introducing the VAT ...
Lifestyle Feb 28, 2025 | 9:00 pm

Government Projects 0.3% Inflation Increase with New 12% VAT Rate in 2025

... Economic Affairs expects inflation to rise by 0.3 percent in ... economic vulnerability. “The VAT increase will add Rp 101 ... discounted electricity bills, while VAT exemptions will be applied ... government will also introduce VAT incentives for electric and ...
Business Dec 18, 2024 | 9:36 am

Labor-Intensive Sector Workers to Enjoy Income Tax Incentive

... from now, the VAT is set to rise from the current 11 ... packages to reduce the higher VAT impact. This includes a government ... government’s decision to raise the VAT has raised public scrutiny. ... long ago warned that the VAT increase could shrink Indonesia’s ...
News Dec 17, 2024 | 12:06 pm
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