The Coordinating Ministry for Economic Affairs projects a 0.3% inflation rise in 2025 as the 12% VAT takes effect on Jan. 1.

The Indonesian government has announced that the increase in value-added tax (VAT) rate from 11 percent to 12 percent will be ...

Indonesia on Monday announced economic measures to soften the blow of an increase in the value-added tax rate, including ...

The tax-free items include basic food staples such as rice, meat, fish, eggs, vegetables, and fresh milk. Additionally, ...

Europe will see many VAT changes, including new e-invoicing mandates, simplified SME schemes, flexible VAT rate policies, and ...

The government is proceeding with its plan of hiking value-added tax to 12 percent at the turn of the year but has announced ...

The Indonesian government has decided to provide incentives for middle-class citizens to assist them in managing the ...

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

Visitors, tourists and business travellers. In short, international tourists who can show proof of overseas residence can get ...

Indonesia will on Monday announce an economic policy package, including its decision on the value-added tax rate, its senior ...

TEMPO.CO, Jakarta - The Indonesian government has confirmed that the increase in Value Added Tax ( VAT) to 12% will proceed ...

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