• Business
  • Entertainment
  • Health
  • News
  • Sport
  • Tech
  • World
Newsy Today
news of today
Home - ppn 12% - Page 2
Tag:

ppn 12%

News

Cash Usage Set to Surge Again

by Chief Editor December 27, 2024
written by Chief Editor

Java-Based QRIS Payments to See 12% Value Added Tax Increase in 2025

The Indonesian government has officially announced a rise in Value Added Tax (VAT) on Java-based Quick Response Code Indonesian Standard (QRIS) payments, effective January 1, 2025. This shift will impact transactions conducted using the country’s popular QR code standard.

Until now, VAT has primarily targeted certain sectors. However, this new policy introduces a 12% VAT on QRIS-based transactions, a change that has sparked conversation and concern among economists.

Professor Dr. Rahmat Setiawan, SE, MM, from the Faculty of Economics and Business at Airlangga University (FEB Unair), believes the increased VAT on QRIS transactions could lead consumers to revert to cash payments. "If QRIS transactions are subject to a 12% VAT, customers may opt for cash again. Why choose QRIS if it ultimately attracts a higher VAT?" he explained.

Prof. Setiawan condemns the government’s decision to impose a 12% VAT on QRIS transactions, stating that it contradicts their efforts to promote non-cash transactions. "The government encourages non-cash transactions to boost economic growth and combat money laundering," he pointed out, referring to the government’s and Bank Indonesia‘s joint campaign to increase non-cash transactions.

Moreover, the economist predicts that this VAT increase could impact daily necessities and potentially contribute to unemployment. "Items like deodorant, toothpaste, and soap aren’t just luxuries; they’re daily essentials, and now they’re subject to a 12% VAT," he stated. He also expressed concern that a decrease in consumption due to the increased VAT could lead to job losses.

Prof. Setiawan urges the government to reconsider or postpone the VAT hike, suggesting they could use their existing authority to cap the VAT at 11% without amending the law. "The government can lower or raise the VAT to a maximum of 15% without changing the law," he concluded.

jar/tjh

December 27, 2024 0 comments
0 FacebookTwitterPinterestEmail
News

Protest against 12% PPN: Jakarta’s Horse Statue Rally Gains Momentum

by Chief Editor December 27, 2024
written by Chief Editor

Breaking News: Protesters Demonstrate Against 12% VAT Increase in Jakarta

Demonstrators took to the streets in Jakarta on Friday, December 27, rejecting the planned 12% VAT (Value Added Tax) hike. The action took place in the vicinity of the iconic Kuda Statue in Central Jakarta, with some roads temporarily closed and rerouted, causing adjustments to public transportation.

Our correspondent on the scene reported around 3:34 PM WIB that a large group from the Indonesian Muslim Students’ Association (HMI) arrived at the Patung Kuda area carrying banners that read "Reject 12% VAT Increase". They gathered along Jalan Medan Merdeka Barat, with police cordoning off parts of the street and deploying water barriers to maintain order.

Vehicles passing through the area were rerouted to use the busway lane due to road closures. Despite the demonstration, bus services in the capital largely remained unaffected, although they experienced heavier traffic due to the rerouting.

As the protest demonstrated their opposition to the VAT increase, other lanes were congested, with heavy traffic observed around the Patung Kuda roundabout. The protesters expressed their concerns over the potential impacts of a VAT increase on the Indonesian economy and citizenry.

December 27, 2024 0 comments
0 FacebookTwitterPinterestEmail
News

Increasing PPN Rates to 12%: No Special Subsidies Announced

by Chief Editor December 25, 2024
written by Chief Editor

Title: Indonesia‘s PPN Hike to 12%: No Special Subsidies, Minister Assures

Jakarta, Indonesia – Minister of Coordinating Human Development and Culture, Muhaimin Iskandar, or ‘Cak Imin’, has clarified that there will be no special subsidies related to the recent hike in Indonesia’s Value Added Tax (PPN) from 11% to 12%.

Speaking in Jakarta, Cak Imin stated, "There are no special subsidies. The increase in PPN from 11% to 12% has been carefully considered." He explained that the decision was based on a review of which products would or would not be subject to the tax increase, ensuring the economy continues to grow.

The minister clarified that the hike will only affect luxury goods, sparing small and medium-sized enterprises (UMKM) and the tourism sector. "UMKM and tourism, which cater to the daily needs of the people, will not be affected. The increase will target various luxury goods that are non-essential," he said.

Previously, Coordinating Minister for the Economy Airlangga Hartarto emphasized the importance of the PPN increase to 12% for maintaining economic stability, protecting social welfare, and supporting the Asta Cita Presidential program. The goal is to boost national income through this measure.

However, the proposed PPN hike has sparked public opposition. An online petition titled "Government, Cancel the PPN Increase!" was launched on November 19, 2024, while youth demonstrations have been held outside the Presidential Palace in Jakarta to voice their discontent.

December 25, 2024 0 comments
0 FacebookTwitterPinterestEmail
News

Archbishop of Jakarta Adheres to 12% VAT Hike Policy, Yet Remains Critical

by Chief Editor December 25, 2024
written by Chief Editor

Uskup Agung Jakarta Weighs In on PPN Hike Proposal

Jakarta – Ignatius Kardinal Suharyo, the Archbishop of Jakarta, has responded to the government’s plan to increase VALUE ADDED TAX (PPN) to 12 percent. In a press conference at the Cathedral Church of Jakarta, Cardinal Suharyo acknowledged that the decision has been made and the public must abide by it.

However, he emphasized the importance of critical thinking among the public towards government policies. "Regarding PPN, of course, those with expertise in the field won’t stop discussing it. Nevertheless, once the government has made a decision, we can only follow along, but critically," he said.

While accepting the PPN hike, Cardinal Suharyo urged the public to remain critical and consider the impacts and issues that may arise from such policies. "In other words, we should already be following the government, but critically consider the various problems that may emerge from this decision, which we can’t yet predict," he added.

Earlier, Coordinating Minister for Economic Affairs Airlangga Hartarto stated that increasing PPN to 12 percent is crucial for maintaining economic stability, social protection, and supporting President Prabowo Subianto’s "B synchronous Cita" program. The move is expected to boost national income.

Meanwhile, the public backlash against the proposed PPN hike has intensified. An online petition named "Together, People!" titled "Government, Cancel the PPN Increase Immediately!" surfaced on November 19, 2024. Youth protests have also taken place in front of the Presidential Palace against the PPN hike.

In response, DPR Speaker Puan Maharani suggested that the government consider various inputs and evaluate the potential impact on public purchasing power and economic growth. Meanwhile, PP Muhammadiyah Chairman Haedar Nashir called on the government to reconsider the PPN hike, emphasizing the need for fair social policy.

December 25, 2024 0 comments
0 FacebookTwitterPinterestEmail
News

Muhammadiyah Youth Surprised by PDIP’s Criticism of PPN 12%: Now, They Wash Their Hands

by Chief Editor December 23, 2024
written by Chief Editor

Indonesia Perjuangan – Wikipedia bahasa Indonesia …”>PDIP‘s Shift: From Support to Criticism of 12% PPN Rakes Attention

Jakarta – The Democratic Party of Indonesia for Struggle (PDIP) has drawn attention for changing its stance, now criticizing the implementation of a 12% value-added tax (PPN), after initially supporting the revision of the Harmonization of Taxation Regulation (RUU HPP). Najih Prastiyo, Secretary General of Muhammadiyah Youth, questioned this shift in PDIP’s attitude.

Najih pointed out that PDIP initially supported the formulation of the RUU HPP, even securing a seat on the Special Committee. "I’m quite surprised by PDIP’s stance now. They initially supported the RUU HPP, but now they’re Suddenly washing their hands of it," Najih said in a statement.

Najih also lamented PDIP’s ambiguity in politics and governance. "PDIP’s position is becoming more and more unclear and problematic. It’s not clear whether they want to be the opposition or slowly join the government’s coalition. This ambiguity is heating up the political atmosphere. PDIP should clarify its political stance," Najih urged.

Najih accused PDIP of trying to win back public approval after a heavy defeat in the elections. "PDIP is just trying to save face. Their grassroots support has dwindled, and they’re looking for ways to regain their strength. Therefore, I see this reaction as opportunistic, trying to gain from a seemingly pro-people stance," Najih concluded.

PDIP’s Involvement in the PPN 12% Increment

Earlier, Dolfie Othniel Frederic Palit, Deputy Chairman of the XI Commission of the House of Representatives, responded to a statement by Rahayu Saraswati, the Deputy Secretary General of the Gerindra Party, who had accused PDIP of playing a role in the enactment of the HPP Law that led to the PPN 12% increase. Dolfie stated that the HPP Law was an initiative of the government of President Joko Widodo (Jokwowi).

"The HPP Law is the initiative of the Jokowi government, submitted to the House of Representatives on May 5, 2021. All factions agreed to discuss the government’s proposal for the RUU HPP," said Dolfie, who was also the chairman of the Special Committee for the RUU HPP.

Dolfie explained that all factions, except the PKS, agreed to the RUU HPP becoming a law on October 7, 2021. The HPP Law, in the form of an omnibus law, changed several provisions in the Income Tax Law, Value Added Tax Law, and Luxury Goods Tax Law. It also regulates the Voluntary Tax Declaration Program and Carbon Tax.

The government has the authority to propose increases or decreases in the PPN rate within a range of 5-12%. Dolfie stated that the government’s decision to increase or decrease the PPN rate depends on the state of the national economy. Dolfie advised President Prabowo Subianto that if the government insists on increasing the PPN by 12%, it must be accompanied by the creation of many new jobs for the people.

(jbr/maa)

December 23, 2024 0 comments
0 FacebookTwitterPinterestEmail
News

**" Not Blaming Pak Prabowo: A Clarification"

by Chief Editor December 23, 2024
written by Chief Editor

인은 및 inconscient, ex parte mark, or assignor estoppel could arise from such a situation. Here are some suggestions on how to protect your invention:

  1. Keep Detailed Records:
    Maintain thorough documentation of your invention’s development, including dates, iterations, and any related correspondence. This can help validate your claims and establish priority in case of disputes.

  2. Use Confidentiality Agreements:
    Before disclosing your invention to anyone, such as manufacturers or investors, have them sign a confidentiality or non-disclosure agreement. This legally binds them to keep your invention secret.

  3. file Patent Applications Early:
    File patent applications as soon as possible. In many countries, including the U.S., the first to file, not the first to invent, is granted the patent. So, even if you’ve kept detailed records, someone else could beat you to the patent office.

  4. Be Cautious with Public Disclosure:
    Be aware that public disclosure of your invention before filing a patent application can bar you from obtaining patent protection in many countries. This includes public use, sale, or disclosure of your invention.

  5. Consider Trade Secret Protection:
    While patents offer limited-term protection, trade secrets can protect your invention indefinitely, as long as you keep it secret. Consider whether your invention can be kept as a trade secret instead of, or in addition to, pursuing a patent.

  6. Stay Updated with Relevant Laws:
    Intellectual property laws vary by country. Keep yourself updated with the laws in the countries where you might seek protection for your invention.

  7. Seek Professional Help:
    Consider consulting with a patent attorney or agent. They specialize in intellectual property law and can provide advice tailored to your situation and jurisdiction.

By taking these steps, you can better protect your invention and ensure that you, not someone else or the public, benefit from your hard work and creativity.

December 23, 2024 0 comments
0 FacebookTwitterPinterestEmail
News

PDIP’s U-turn: Criticizing the 12% PPN Tax Hike

by Chief Editor December 23, 2024
written by Chief Editor

"Political Tug-of-War Over PPN 12%: PDIP‘s About-Face Raises Eyebrows

The Indonesian political landscape is abuzz with a heated debate surrounding the impending increase in Value Added Tax (PPN) to 12%, slated for 2025. The harmonization of tax regulations (HPP) law, passed in October 2021, is theLejjidad. However, the finger-pointing game has begun, with each political party trying to distance itself from the unpopular decision.

PDIP’s Rieke Diah Pitaloka recently took the floor at the DPR’s plenary meeting, urging President Prabowo Subianto to reconsider the PPN hike, even suggesting it as a New Year’s gift for the people. She proposes implementing self-assessment monitoring systems in tax management and believes that taxes can be a tool to combat corruption. Her plea has been met with mixed reactions, with some questioning PDIP’s sincerity, given their role in passing the HPP law.

Gerindra’s Wihadi Wiyanto was quick to counter, reminding everyone that the decision to raise PPN lies with the HPP law, a product of the previous DPR period, spearheaded by PDIP. He accused PDIP of having a ‘U-turn’ attitude, now asking for the government to step in. Wihadi further criticized PDIP for their role in initiating the PPN increase, now trying to distance themselves from the decision.

Sara Gerindra, Rahayu Saraswati Djojohadikusumo, added fuel to the fire, expressing her surprise at PDIP’s sudden opposition to PPN 12% when they were instrumental in its initiation during their tenure as chairs of the relevant committee. She questioned PDIP’s motives and genuine commitment to the people’s best interests.

PDIP’s Dolfie Othniel Frederic Palit attempted to deflect the blame, claiming that the HPP law is an Initiative of the Jokowi administration. He highlighted that the law, modeled after an Omnibus Bill, modifies several tax laws and introduces voluntary taxpayer disclosure and carbon tax programs. While acknowledging the government’s right to alter the PPN rate within a 5-15% range, he emphasized the need for balanced economic growth and increased welfare for the people.

As the political wrangling continues, one thing is clear: the PPN 12% increase is seemingly here to stay, barring any unexpected U-turns or political maneuvering. Only time will tell how this tax hike will affect the Indonesian economy and the people’s livelihoods.

December 23, 2024 0 comments
0 FacebookTwitterPinterestEmail
Newer Posts
Older Posts

Recent Posts

  • Rinkēvičs Meets European Leaders During Poland Visit

    June 27, 2026
  • Canvas Unveils 1,500W ‘Audiophile’ Soundbar

    June 27, 2026
  • US-Iran Conflict: Latest Updates on Tensions and Strait of Hormuz

    June 27, 2026
  • Free and Legally Accessible: The Hidden Sci-Fi Gem You Won’t Find Elsewhere

    June 27, 2026
  • World Cup: Croatia Needs Points in Decisive Clash Against Ghana

    June 27, 2026

Popular Posts

  • 1

    Maya Jama flaunts her taut midriff in a white crop top and denim jeans during holiday as she shares New York pub crawl story

    April 5, 2025
  • 2

    Saar-Unternehmen hoffen auf tiefgreifende Reformen

    March 26, 2025
  • 3

    Marta Daddato: vita e racconti tra YouTube e podcast

    April 7, 2025
  • 4

    Unlocking Success: Why the FPÖ Could Outperform Projections and Transform Austria’s Political Landscape

    April 26, 2025
  • 5

    Mecimapro Apologizes for DAY6 Concert Chaos: Understanding the Controversy

    May 6, 2025

Follow Me

Follow Me
  • Cookie Policy
  • CORRECTIONS POLICY
  • PRIVACY POLICY
  • TERMS OF SERVICE

Hosted by Byohosting – Most Recommended Web Hosting – for complains, abuse, advertising contact: o f f i c e @byohosting.com


Back To Top
Newsy Today
  • Business
  • Entertainment
  • Health
  • News
  • Sport
  • Tech
  • World