#value added tax

Collection of value added tax news, found 223 news.

Minister pushes for investment acceleration amid economic growth

Coordinating Economic Affairs Minister Airlangga Hartarto encouraged all economic players to capitalize on the economic ...

Indonesia's tax receipts rise 4.9% in first half of 2021

Indonesia's tax receipts reached Rp557.77 trillion in the first half of 2021, accounting for 45.36 percent of the ...

Ministry clarifies VAT imposition solely on premium basic necessities

The government will solely impose value-added tax (VAT) on premium basic necessities through amendment to Law No. 6 of ...

Government should review VAT imposition plan on basic needs: DPR

DPR Vice Chairman Abdul Muhaimin Iskandar sought governmental review on a plan to impose value-added tax on basic ...

MPR deputy chief questions VAT imposition plan on food stuffs

People's Consultative Assembly (MPR) Vice Chairman Arsul Sani questioned the government's plan to impose ...

Government readies stimulus to expedite upstream deep-sea oil project

The government is readying a stimulus package to expedite the completion of the Indonesia Deepwater Development (IDD) ...

Rupiah strengthens following release of foreign exchange reserves data

The rupiah’s exchange rate to the US dollar traded at the Jakarta interbank market strengthened before the ...

Tax revenue reached Rp374.9 trillion until April-end 2021: Indrawati

Tax revenue until the end of April 2021 had reached Rp374.9 trillion, or 30.94 percent of the total target for this ...

News Focus

Government positive economic recovery on horizon

The Indonesian government is optimistic the economy will grow positively this year with indications of an improvement ...

PEN, vaccination programs, incentives key for sustaining recovery

Coordinating Minister for Economic Affairs, Airlangga Hartarto, has detailed three aspects that are key for maintaining ...

Govt relying on vaccine drive, economic stimulus to script recovery

- has also relaxed the loan to value (LTV) ratio for motor vehicles and housing loans for the period from March to ...

Tax revenue dips 19.7 percent in 2020

The realization of tax revenue contracted 19.7 percent to Rp1,070 trillion as of December 31, 2020 from Rp1,332.7 ...

State revenue records 16.7% year-on-year decline in 2020

As of December 31, 2020, state revenue realization reached Rp1,633.6 trillion, or 96.1 percent of the revised state ...

Government's import duty waiver applicable on COVID-19 vaccines

The import of vaccine, raw material, and equipment for the production of vaccines will be entitled to a duty exemption ...

The third edition of CIIE is ready to kick off

- The third China International Import Expo (CIIE) is entering the final stage of preparations as a huge road paving ...