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Government revising five tax laws

PT VUI : Doing Business in Indonesia Posted on October 6, 2016 by Herlina HoOctober 6, 2016

The government plans to revise five tax laws, the bills for which would be soon submitted to the House of Representatives, an official has said. The five are the General Taxation System (KUP) Law, the Income Tax (PPh) Law, the … Continue reading →

Posted in Indonesia Tax Law Revision, Indonesia Taxes, Indonesian Tax Reforms | Tagged Indonesia Reform Packages, Indonesian Tax System

Low September Inflation Help Boosts Rupiah

PT VUI : Doing Business in Indonesia Posted on October 4, 2016 by Herlina HoOctober 4, 2016

The Central Statistics Agency (BPS) recorded that inflation rate for September 2016 currently sits at 0.22 percent with the consumer price index currently recorded at 125,41. Certain items in the category of processed foods, beverages, and tobacco experienced a 0.34 percent … Continue reading →

Posted in Indonesia Business, Indonesia Economy | Tagged Indonesia Economic Outlook, Indonesia Finance, Indonesia Investment

Tax Amnesty Program Can Raise Indonesia`s Investment Grade: DBS

PT VUI : Doing Business in Indonesia Posted on October 3, 2016 by Herlina HoOctober 3, 2016

The international rating institution Standard and Poors will raise Indonesias investment rating to the investment grade if the government achieves its tax amnesty redemption target, the DBS Banks economic team has predicted. “Repatriated funds will also maintain the rupiahs resistance … Continue reading →

Posted in Indonesia Investment, Indonesia Taxes | Tagged Indonesia Finance, Indonesia Investment, Indonesian Tax System

Budget Committee Caps 2017 State Budget, Expects Slow Growth Next Year

PT VUI : Doing Business in Indonesia Posted on September 30, 2016 by Herlina HoSeptember 30, 2016

The House of Representatives’s budget committee and the government have agreed on a cap on the state budget for next year, anticipating a slow global economy to drag down the country’s growth. The committee agreed on Rp 2,081 trillion ($160 … Continue reading →

Posted in Indonesia Economy, Indonesia GDP, Indonesia State Budget | Tagged Indonesia Economic Outlook, Indonesia Finance, Indonesia State Budget

Govt set to introduce legal reform packages

PT VUI : Doing Business in Indonesia Posted on September 29, 2016 by Herlina HoSeptember 29, 2016

The government is set to introduce legal reform packages that are expected to improve law enforcement and the justice system, says Coordinating Political, Legal, and Security Affairs Minister Wiranto. The reform packages are necessary as the justice system, which covers legal … Continue reading →

Posted in Indonesia Business, Indonesia Legal, Indonesia Reform Packages | Tagged Indonesia Investment, Indonesia Legal, Indonesia Reform Packages

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