The government has officially introduced fiscal incentives amid the implementation of new tax policies for the automotive sector in 2025. Electric and hybrid vehicles will benef.....

The Ministry of Finance (Kemenkeu) has assured that the purchasing power of the lower-middle class will remain stable despite the increase in the value-added tax (VAT) by 1% to .....

The increase in the Value Added Tax (VAT) from 11% to 12%, effective January 1, 2025, is anticipated to complicate the lives of Indonesian citizens, particularly those in the +6.....

According to the regulations on Value Added Tax (VAT) in Law 7/2021 regarding HPP, the government will implement a VAT rate of 12% starting January 1, 2025, while ensuring fairn.....

The Director of Production Balance at the Central Statistics Agency, Puji Agus Kurniawan, has stated that the automotive market in Indonesia is expected to grow by 2025. He also.....

Sugianto Santoso, a member of the Gerindra Party faction in the House of Representatives, has observed that the Indonesian Democratic Party of Struggle (PDIP) is currently engag.....

The CEO of PT Indomobil National Distributor, Tan Kim Piauw, stated that the Indonesian automotive industry will face significant challenges in 2025 due to the implementation of.....

The Chairman of the Indonesian Automotive Industry Association (Gaikindo) has expressed concerns that the implementation of a 12% Value Added Tax (VAT) on the automotive sector .....

The Indonesian public is currently stirred by the announcement of an increase in the Value Added Tax (VAT) to 12 percent, set to take effect on January 1, 2025. The Indonesian T.....

The government is set to implement a Value Added Tax (VAT) rate of 12 percent, with plans for this change to take effect on January 1, 2025. This announcement has garnered signi.....