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VAT, Indonesia

Reuters on MSN · 3h

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.

Nikkei Asia · 57m

Indonesia scales back VAT hike after public backlash

"premium" goods and services following a public backlash. The hike, from 11% in 2022, was prescribed in a law on tax issued in 2021 and was initially supposed to cover a broad range of items. But a rising public backlash in the past few months,

Indonesia announces economic policy package to ease VAT hike impact

Indonesia on Monday announced economic measures to soften the blow of an increase in the value-added tax rate, including electricity tariff cuts, incentives for labour-intensive industries, and VAT exemption on some property sales.

Indonesia to repatriate Filipino woman prisoner early Wed.

The Associated Press on MSN · 5h

Filipino woman who was on death row in Indonesia will return home after almost 15 years in prison

A Filipino woman who was on death row in Indonesia — and was nearly executed by firing squad in 2015 — was moved late Sunday to a female prison in Indonesia’s capital, from where she will be flown back to her home country.

Filipina on Indonesia death row moved before transfer home

A Filipina inmate sentenced to death in Indonesia was moved to capital Jakarta before she is expected to fly home on Wednesday, after the government signed an agreement to repatriate her.She told AFP on Friday in her first interview since the repatriation agreement that her release was a "miracle".

Reuters on MSN · 4h

Indonesia to repatriate Filipino woman prisoner early Wednesday

Indonesia will transfer Mary Jane Veloso, a Filipino woman who was sentenced to death for drug trafficking, to her home country in the early hours of Wednesday, a senior Indonesian official said. (This story has been corrected to change the timing of repatriation to early Wednesday from Tuesday,

2h

Indonesia to repatriate Philippine drug convict this week

Indonesia will transfer Mary Jane Veloso, a Philippine woman sentenced to death in 2010 for drug trafficking, to her home ...

18h

Filipino woman on Indonesia death row recalls a stunning last minute reprieve and ‘miracle’ transfer

Filipino death row inmate Mary Jane Fiesta Veloso knelt to pray when officers came to take her to an execution site in May ...

Indonesia Govt Confirms 12% VAT Rate in 2025, Exempts Essential Goods

TEMPO.CO, Jakarta - The Indonesian government has confirmed that the increase in Value Added Tax ( VAT) to 12% will proceed ...

6hon MSN

Indonesia books $4.4 billion trade surplus in Nov, beating forecast

Indonesia posted an unexpectedly large $4.42 billion trade surplus in November, double the figure expected by analysts as ...

5h

Indonesia Goes Ahead With VAT Hike, 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 ...

7hon MSN

Indonesia releases remaining five Australians from ‘Bali Nine’ drug gang

The remaining five Australians from the infamous heroin-trafficking “Bali Nine” gang have returned home after Canberra struck ...

7h

Indonesia to give tax incentives for EV makers BYD, Citroen, GAC Aion

Indonesia will give tax sales incentives for several electric vehicle manufacturers including Citroen, China's BYD and GAC ...

6h

One in Four Indonesia Firms Involved in Tax Evasion, World Bank Says

At least one in four firms in Indonesia evaded tax, which is more prevalent among exporters, according to a World Bank survey ...

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