#luxury goods

Collection of luxury goods news, found 108 news.

Indonesia taps foreign platforms to collect seller tax

Indonesia’s Directorate General of Taxes (DJP) will soon appoint foreign-based marketplace platforms to collect ...

E-marketplaces get two months to start collecting tax from sellers

The Ministry of Finance has granted marketplaces two months’ time to make arrangements for collecting income tax ...

Indonesia maintains lowest debt ratio among G20 members: Minister

Finance Minister Sri Mulyani Indrawati stated that Indonesia's debt ratio is considered the lowest among G20 member ...

Still studying incentives for green vehicles: ministry

The Ministry of Industry has said that the government is continuing to study the provision of incentives for vehicles, ...

Govt doubles down on stimuli to boost economic growth

President Prabowo Subianto has set an ambitious target of clocking 8 percent economic growth by 2029. Achieving the ...

Electric car sales surged in 2024, fueling energy transition: Ministry

Domestic sales of electric cars in 2024 showed a positive increase, which supported improvements in energy transition, ...

Ministry underlines need for comprehensive EV ecosystem

Deputy for basic infrastructure coordination at the Coordinating Ministry for Infrastructure and Regional Development, ...

100 days of govt: Promises, progress, and challenges

October 20, 2024 was a momentous day for Prabowo Subianto and Gibran Rakabuming Raka as they took their oaths of ...

New VAT policy protects industries, maintains purchasing power: Kadin

The government's decision to impose a 12 percent value-added tax (VAT) only on luxury goods and services could help ...

VAT on luxury items proves president leaves no one behind: MPR

President Prabowo Subianto's policy to implement a 12 percent value-added tax (VAT) for luxury goods reaffirms his ...

President Prabowo greets soldiers in Papua on New Year's Eve

President Prabowo Subianto greeted thousands of National Armed Forces (TNI) soldiers stationed in Papua via video call ...

RI plans USD2.3 bln stimulus coinciding with VAT increase

The Indonesian Government has committed to providing an economic stimulus package worth Rp38.6 trillion (around USD2.3 ...

President Prabowo says 12% VAT will only apply to luxury goods

President Prabowo Subianto has clarified that the increased value-added tax (VAT) of 12 percent will only be applicable ...

President Prabowo announces Jan rollout of 12 percent VAT

President Prabowo Subianto on Tuesday announced that the increase in the value added tax (VAT) from 11 percent to 12 ...

Rural residents to not reel from 12 percent VAT: ministry

The government's decision to increase the value-added tax (VAT) from 11 percent to 12 percent next year will not ...