The Indonesian govt will also introduce measures to soften the blow for lower-income earners.

The Straits Times

Singapore

Indonesia presses ahead with VAT hike across the board, not just for luxury goods

Media Bias/Fact Check

Singapore Press Holdings

JAKARTA - 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.

Bangkok Post

Stock Exchange of Thailand

Bangkok

Thailand

Indonesia presses ahead with VAT hike across the board, not only luxury goods

JAKARTA -- The Indonesian government said on Monday that it will continue with its plan to raise value-added tax to 12% from Jan. 1, but will limit th

Nikkei

Nikkei, Inc.

Japan

Indonesia scales back VAT hike after public backlash

South-east Asia’s largest economy unveils new fiscal boost including tax breaks, EV incentives, and relief for workers

Business Times

Indonesia rolls out fresh incentives to boost spending amid planned VAT hike

Deputy Chairman of Commission XI of the Indonesian House of Representatives challenged the government not to rely solely on Value Added Tax (VAT) to increase state revenue.

Wakil Ketua Komisi XI DPR RI menantang pemerintah untuk tidak hanya mengandalkan Pajak Pertambahan Nilai (PPN) demi meningkatkan pendapatan negara.

Indonesia presses ahead with VAT hike across the board, not just for luxury goods

Coverage Details

Give the gift of Perspective

Bias Distribution

Ownership

Similar News Topics

Similar News Topics