Title: GNB Urges Government to Reconsider PPN 12% Hike, Citing Marginalized Middle Class Jakarta, CNN Indonesia — The Gerakan Nurani Bangsa (GNB) has called upon the government not to burden the middle and lower-middle classes with a hike in the Value Added Tax (PPN) to 12% starting in 2025. This appeal was made by GNB’s … Read more
Unveiling the Enigma: Jokowi’s First Menkeu and the Mystery Behind the 12% PPN
Headline: The Mystery Behind Indonesia‘s PPN Hike: First Jokowi-Era Finance Minister Speaks Out Article: Jakarta, CNN Indonesia — The first Finance Minister of the Jokowi administration, Bambang Brodjonegoro, has shed light on the mystery and "hidden hands" behind the increase of Indonesia’s Value Added Tax (PPN) to 12 percent. In a revealing interview with CNBC … Read more
President Jokowi Confirms 12% Value Added Tax (PPN) Increase, Effective January 1, 2025 Jakarta, CNN Indonesia — President Joko Widodo (Jokowi) has finally broken his silence on the upcoming increase in Value Added Tax (PPN), which will rise to 12% starting January 1, 2025. Jokowi stated that the tax hike has already been officially set … Read more
Headline: Indonesia in 2025:angles: Prepare for These New Financial Burdens As the clock ticks down to the new year, Indonesian citizens are bracing for a heavier financial load, with the government implementing various policies set to impact their wallets. The class that’s feeling the squeeze? The middle class, already struggling with inflation and the rising … Read more
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 … Read more
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 … Read more
Headline: MUI‘s Anwar Abbas Urges President Prabowo to Postpone PPN Increase to 12% Subhead: Religious Leader Cites Weak Business Confidence and Declining Consumer Spending as Reasons for Delay Article: Jakarta, CNN Indonesia — Anwar Abbas, the Deputy Chairman of the Indonesian Ulema Council (MUI), has called on President Prabowo Subianto to postpone the planned increase … Read more
Prabowo Urges Reversal of PPN Hike to 12%, Here’s How to Make It Happen
** området Widespread protest and a petition signed by nearly 200,000 people have been sparked by plans to increase Value Added Tax (VAT) to 12% starting in 2025. The move, stipulated in Law No. 7 of 2021, or the Law on Tax Organization Harmonization (HPP), has drawn fierce opposition from citizens who argue that it … Read more
Understanding the 12% PPN on Rice: A Guideline for Consumers
Headline: Indonesia Spared From New PPN Rate; Rice Among Exempted Commodities Subheading: National Food Agency (NFA) assures consumers that staple food items, including locally produced rice, will not bear the increased 12% PPN rate. Article: In a recent announcement, the National Food Agency (NFA) has clarified that Indonesia’s staple food items, particularly locally produced rice, … Read more
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Celios: Presiden Prabowo Bisa Batalkan PPN 12 Persen dengan Perppu Center of Economic and Law Studies (Celios) menyarankan Presiden Prabowo Subianto bisa menerbitkan Peraturan Pemerintah Pengganti Undang-Undang (Perppu) untuk membatalkan kenaikan tarif Pajak Pertambahan Nilai (PPN) menjadi 12 persen yang dijadwalkan pada Undang-Undang Harmonisasi Peraturan Perpajakan (UU HPP). Direktur Hukum Celios, Mhd Zakiul Fikri, menyatakan … Read more