The economic policy package totaling 827 trillion rupiah (US$51.5 billion) is designed to address the weakening purchasing ...

Indonesia has unveiled an economic policy package to soften the blow of an increase in value-added tax (VAT) on goods and ...

Finance Minister Sri Mulyani Indrawati said that Indonesia's VAT rate remains relatively low compared to other countries.

Indonesia will proceed with its value-added tax hike in 2025, while offering a raft of incentives to mitigate the impact on ...

Value-Added Tax (VAT) of 12% will start at January 1, 2025. Taxes on streaming services such as Netflix and Spotify will also ...

Indonesia’s VAT hike to 12% in 2025 will expand taxable goods, including items once VAT-free, says economist Andri Perdana.

The government announced on Dec. 16 that a partial VAT waiver on certain house purchases would be extended to mid-2025, and ...

The government will grant an income tax incentive for labor-intensive industry workers following the upcoming VAT hike.

Indonesia will offer a sales tax incentive on Government-borne Luxury Goods (PPnBM DTP) of 3% for hybrid cars from next year.

JAKARTA] Set to be the country’s biggest listing in more than a year, the Indonesian arm of Mr DIY – a Malaysian home ...

The IDX Composite index slid 1.39 percent to close at 7,157.73 on Tuesday, with broad declines across all sectors as investor ...

Megacap tech shares muscled the S&P 500 and the Nasdaq to higher closes on Monday as U.S. Treasury yields paused ...