Jakarta – Minister of Finance Purbaya Yudhi Sadewa announced that the State Revenue and Expenditure Budget… The post Indonesia Budget Deficit: February IDR 135T Shortfall appeared first on Archynetys. Source link
TEMPO.CO, Jakarta – Indonesia’s Minister of Finance Sri Mulyani Indrawati reported a notable rise in state revenue as of March 2025. According to data from the Ministry of Finance, state revenue reached Rp516.1 trillion that month, amounting to 17.2 percent of the 2025 State Budget (APBN) target set at Rp3,005.1 trillion. Sri noted that this … Read more
ax compliance has declined slightly this year, with the Taxation Directorate General (DJP) reporting that only 12.34 million taxpayers submitted their tax returns by the April 1 deadline. Of these, 12 million were individual taxpayers, while the rest were corporations. This figure falls short of last year’s 12.7 million tax return submissions under a similar … Read more
he Customs and Excise Directorate General has reported a 4.9 percent increase in revenue for 2024, reaching Rp 300.2 trillion (US$19.3 billion), or 93.5 percent of the state budget target. Customs revenue reached Rp 53 trillion, marking 4.1 percent year-on-year growth, driven by higher imports of industrial raw materials. The export duties sector saw a … Read more