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

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

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

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

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

Lawmakers in Brazil's lower house of Congress approved on Tuesday a bill that includes regulations needed to implement a ...

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

The SC ruling clarifies a long-standing ambiguity on whether coconut oil sold in small packages (typically below 200 ml or 500 ml) should be categorised as edible oil or cosmetic oil.

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

Bottled soybean oil is still not available as usual in markets across Dhaka, despite the government's Tk8 hike per litre on 9 December, nearly a week ago. The scarcity of soybean oil has lasted almost ...

What a spiteful government of Scrooges this Starmer regime is turning out to be. Very little money will be made from slapping ...

When all forms of taxation are taken into account, a person on an average wage of about 3,700 euros could face paying a tax ...