Law on Harmonized Taxation (UU HPP) is one of the milestones of Indonesia’s tax reforms, which is part of structural reforms to realize an Advanced Indonesia through a just, proper, and accountable taxation system. Tax reform is also part of sustainable processes to boost economic recovery and national development through restructuring of taxation system so […]
Vice President Ma’ruf Amin has encouraged private sectors to play a role in fulfilling the people’s need for housing as there is a huge backlog of housing. For the record, the Government has previously launched a program called A-Million-House program as a measure to improve economic growth and the people’s standard of living. Based on […]
President Joko “Jokowi” Widodo, accompanied by First Lady Ibu Iriana Jokowi, Friday (08/10) left for Bali province for a working visit in the province. The President and his entourage took off from Halim Perdanakusuma Air Force Base in East Jakarta at around 07.45 Western Indonesian Time onboard the Indonesia-1 Presidential Aircraft. Upon arrival at I […]
The House of Representatives passed the harmonized taxation bill (RUU HPP) in a plenary meeting on Thursday (7/10). The bill includes changes to several provisions on income tax and value-added tax (VAT). Tax bracket for individual income tax of 5 percent will apply to individual tax residents who earned Rp60 million per year, or increased […]
Minister of Industry Agus Gumiwang Kartasasmita has expressed optimism that growth in industrial sector in 2022 will reach 5 – 5.5 percent provided there is no another wave of COVID-19 cases in the country. For that reason, he said that the Government continues to roll out various strategic programs and policies that support the performance […]
On Thursday (07/10), the Food and Drug Monitoring Agency (BPOM) issued an Emergency Use Authorization (EUA) for Zifivax COVID-19 vaccine developed by Anhui Zhifei Longcom Biopharmaceutical with a recombinant protein subunit platform. The Zifivax vaccine is recommended for people aged 18 years and older for the prevention of SARS-CoV-2 that causes COVID-19. The vaccine is […]
The House of Representatives (DPR) on Thursday (07/10) passed the Bill on Harmonization of Tax Regulations. The Bill aims to support tax reforms and provide a fair, prudence, effective, and accountable tax system. The Bill contains six main provisions consisting of 9 chapters and 19 articles. The new provisions amend several provisions regulated in several […]
In a bid to eradicate extreme poverty by the end of 2024, the Government has set a target to speed up poverty eradication in respective five regencies from seven priority provinces this year. To that end, the Government will administer Cash Social Assistance (BST) to beneficiaries in the regencies using the existing data of the […]
Vice President Ma’ruf Amin Thursday (07/10) in the Central Java provincial capital of Semarang led the 2021 coordination meeting that discussed extreme poverty eradication in the province. “This meeting is a follow-up of the online coordination meeting on extreme poverty eradication that I led on 28 September 2021,” he said during the opening the meeting. […]
The Government has announced that the Reserve Component (Komcad) of the Indonesian National Defense Force (TNI) are only mobilized for national, defense interests. The statement was made by President Joko “Jokowi” Widodo on Thursday (07/10) during the inauguration of the Reserve Components of 2021 at Education and Training Center for Indonesian Army’s Special Force in […]
