Govt Permanently Fixes 0.5% Final Income Tax for MSMEs
In a landmark policy shift, the Indonesian government is preparing to make the 0.5% final income tax rate for micro,…
Category: Fiscal
Urged to Unlock Rp234 Trillion in Idle Regional Funds
A staggering Rp234 trillion in idle regional government funds is sitting in Indonesian banks, prompting calls for urgent fiscal synchronization…
Indonesia’s Digital Economy Generates Rp10.21 Trillion in Tax Revenue
Indonesia’s digital economy is rapidly transforming into a major source of state revenue, contributing over Rp10.21 trillion in taxes between…
Regional Leaders Urge Reversal of Budget Transfer Cuts
Indonesia’s regional governments are sounding the alarm over significant cuts to central government transfers, warning of stalled infrastructure projects and…
Regional Governments Urged to Accelerate Spending and Unlock Idle Funds
Indonesia’s Ministry of Finance is calling on regional governments to expedite budget disbursement to stimulate local economies and reduce idle…
Govt Delays E-Commerce Tax Collection to Protect Consumer Spending and Economic Recovery
In a strategic move to safeguard purchasing power and stimulate economic momentum, Indonesia’s Ministry of Finance has postponed the implementation…
The 2026 State Budget Approved: Allocation Targets Growth, Equity, and Sustainability
Indonesia’s House of Representatives (DPR RI) and the government have officially passed the 2026 State Budget (APBN), setting the fiscal…
Tax Revenue Reaches Rp990 Trillion by July 2025, A Year-on-Year Decline
Indonesia’s tax revenue performance in 2025 reflects a complex fiscal landscape, with collections reaching Rp990 trillion by the end of…
New Finance Minister Purbaya Vows Fiscal Stability Amid Market Jitters Post Reshuffle
Indonesia’s financial markets reacted sharply to the appointment of Purbaya Yudhi Sadewa as Finance Minister, with the stock index falling…