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Browsing Category
Economy
Appreciation of the Government’s Right Step in Canceling 12 Percent VAT
By: Clara Diah Wulandari)*
The government's move to cancel the planned increase in Value Added Tax (VAT) to 12 percent brings a breath of fresh air to the community. With this decision,…
Maintaining People’s Purchasing Power, Government Cancels 12% VAT Increase
Jakarta – The Government of the Republic of Indonesia has officially announced the cancellation of the planned increase in Value Added Tax (VAT) rates which was previously planned to…
12 Percent VAT Increase Only for Luxury Goods and Services
By: Andika Pratama )*
The government has set a policy to increase the Value Added Tax (VAT) rate to 12 percent which will take effect starting in 2025. However, it is important to…
President Prabowo’s Government Designs MSME Holding to Strengthen People’s Economy
By: Ahmad Riady )*
President Prabowo Subianto's government continues to demonstrate its commitment to supporting people-based economic growth. One concrete effort currently being…
Economists Welcome 12 Percent VAT Only for Luxury Goods
Jakarta – Economists have welcomed the government’s decision to only apply a Value Added Tax (VAT) rate of 12% for luxury goods. This policy is considered more efficient and can reduce the…
Government Implements Zero Tolerance for Online Gambling
By: Barra Dwi Rajendra )*
The Indonesian government has shown a firm commitment to combating online gambling through a zero tolerance…
Canceled Increase, Government Affirms 12% VAT Only Focuses on Luxury Goods
Jakarta – Coordinating Minister for Political and Security Affairs (Menko Polkam), Budi Gunawan, appealed to the public not to worry about the policy of increasing Value Added Tax (VAT)…
Government’s Strategic Decision to Hold VAT Increase to Support People’s Purchasing…
By : Alexander Joshua Galen )*
The government has shown its seriousness in maintaining people's purchasing power through a strategic…
Government Cancels Implementation of 12% VAT, Evidence of Partisanship for the People
Jakarta – The government has officially canceled the plan to implement a 12% Value Added Tax (VAT) for non-luxury goods and services, which was originally planned to come into effect on…
Listening to Public Aspirations, Government Cancels 12 Percent VAT Increase
By: Anindira Putri Maheswani)*
The government's decision not to increase the Value Added Tax (VAT) rate to 12 percent is good news for the wider community. Finance Minister Sri…