#value added tax

Collection of value added tax news, found 224 news.

Anomaly in tax revenues: Indonesian economist

A leading Indonesian economist said there is anomaly in the country`s tax revenues pointing to "very" high tax rates ...

Govt scraps VAT on public transport services

The Indonesian government has scrapped value added tax (VAT) on land and water transport services to reduce the tax ...

Govt cuts tax receipt target by Rp20.8 trillion

The Indonesian government has cut the target of tax receipts in the draft of the revised 2012 state budget by Rp20.8 ...

Finance minister: tax revenue forecast may be revised downward

Finance Minister Agus Martowardojo said the government may revise downward its tax receipt forecast in the draft ...

Last year`s tax receipts exceed target of rp878.7 trillion

Indonesia`s tax receipts last year reached Rp872.6 trillion or 99.3 percent of the target of Rp878.7 trillion set in ...

RI`s state revenues reach 102.5 pct of target

The realization of state revenues and grants in 2011 reached Rp1,199.5 trillion, accounting for 102.5 percent of the ...

Govt to exempt oil, gas exploration equipment from VAT

The government is drafting a regulation that will exempt the import of upstream oil and gas exploration equipment from ...

Tax receipts reach 60.9% of target

Tax receipts in the eight months through August reached 60.9 percent of the target of Rp878.7 trillion set under the ...

Minister proposes 80 pct discount for smes

State Minister for Cooperatives and Small and Medium Businesses Sjarifuddin Hasan said he would propose a 80 percent ...

Govt sets tax receipt target for 2011 at rp708 tln

The Directorate General of Taxation has targeted tax receipts in 2011 to contribute Rp708 trillion to the state ...

Govt still needs to increase tax ratio: observer

Although its fiscal revenue target for 2010 has been surpassed, the government still needs to increase the tax ratio ...

Govt taking measures to curb basic necessary price spiral

As basic necessary prices are soaring, the government is planning to free certain food commodities from import duties ...

Three dead, 400 hurt in Algerian riots

Three people were killed and over 400 injured in riots in Algeria linked to rising food costs and unemployment, the ...

President wants rice market operations continued until grand harvest

President Susilo Bambang Yudhoyono has called for the continuation of market operations until the next grand harvest ...