
Gov’t to Relax Sales Tax on Luxury Goods for Motor Vehicles
In a bid to revive the automotive industry, the Indonesian Government is planning to relax sales tax on luxury goods (PPnBM) for motor vehicles. Coordinating Minister for Economic Affairs Airlangga Hartarto, as quoted from the ekon.go.id page, Friday (12/02), stated that the relaxation can increase people’s purchasing power and provide a jumpstart to the economy. […]