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

The lack of public charging infrastructure is now seen as the biggest single barrier to EV adoption among private car buyers, ...

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

THE HAGUE - The Senate has agreed with the tax plan for next year. The package was supported by 49 of 75 senators. The ...

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

Indonesia’s VAT hike to 12% in 2025 will expand taxable goods, including items once VAT-free, says economist Andri Perdana.

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

Representatives of the reformist Save Romania Union (USR), after another round of talks on December 16, hinted they would ...

Prices in St. Kitts and Nevis are widely expected to fall in 2025, as the Government of St. Kitts and Nevis introduces a ...

Highland Council’s proposed visitor levy has sparked a heated debate, with many voicing concerns about its potential economic ...

The government has exempted import tax and lowered value-added tax (VAT) to 5% on sunflower and canola oil, aligning it with ...

The government has lowered the value-added tax (VAT) on sunflower and canola oil from 15% to 5%, aligning it with other ...