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VAT, Indonesia
Indonesia presses ahead with VAT hike across the board, not only luxury goods
Indonesia on Monday decided to go ahead with a wide-ranging increase in the value-added tax rate to 12% next year, reversing a plan to only apply the hike to luxury goods, but will introduce measures to soften the blow on lower-income earners.
Indonesia to Hike VAT Next Year, Offers Perks to Soften Blow
Indonesia will proceed with its value-added tax hike in 2025, while offering a raft of incentives to mitigate the impact on consumption and economic growth.
Indonesian Police Deploying 820 Officers to Secure Protest Against VAT Hike to 12% in Front of State Palace
The Indonesian Police have deployed at least 820 combined personnel to secure a protest against the 12-percent VAT hike at the Presidential Palace.
Indonesia unveils US$50 billion economic policy package to ease VAT hike impact
Indonesia has unveiled an economic policy package to soften the blow of an increase in value-added tax (VAT) on goods and services from Jan 1. The stimulus package, worth more than US$50 billion, is aimed at supporting the weakening purchasing power of middle- and low-income communities.
Indonesia to provide 50 percent electricity discount amid VAT hike
Finance Minister Sri Mulyani Indrawati has announced a 50 percent electricity discount for January and February 2025 to protect people's purchasing power
Over 65,000 People Sign Online Petition Against Indonesia's VAT Hike
TEMPO.CO, Jakarta - An online petition on change.org demanding Indonesian President Prabowo Subianto to cancel the value-added tax (VAT) hike plan to 12 percent has been signed by 65,171 people as of Wednesday, December 18, 2024, at 3:25 p.m. local time.
Jakarta Globe
4d
Indonesia to Raise VAT to 12 Percent on January 1
Jakarta. The value-added tax (VAT) hike to 12 percent will officially enter into force in January 1, according to Chief ...
6d
on MSN
Indonesia to announce economic policy package, VAT rate on Monday
Indonesia will on Monday announce an economic policy package, including its decision on the value-added tax rate, its senior ...
4d
Indonesia goes ahead with VAT hike, offers perks to soften blow
JAKARTA: Indonesia will proceed with its value-added tax hike in 2025, while offering a raft of incentives to mitigate the ...
Jakarta Globe
2d
VAT Expansion in Indonesia Targets Premium Goods, Critics Warn of Economic Strain
Indonesia’s VAT hike to 12% in 2025 will expand taxable goods, including items once VAT-free, says economist Andri Perdana.
3d
Indonesia presses ahead with VAT hike across the board, not just for luxury goods
The Indonesian govt will also introduce measures to soften the blow for lower-income earners. Read more at straitstimes.com.
eVnExpress on MSN
1d
Indonesia rolls out $52B stimulus package for 2025
Indonesia has unveiled economic stimulus packages totaling IDR827 trillion (US$51.65 billion) for 2025, designed to mitigate ...
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