Indonesia extends VAT cut on new houses World

Indonesia extends VAT cut on new houses

The Indonesian government has decided to extend the maximum value added tax (VAT) discount of 50 percent for housing from January 1 to September 30, 2022.
Indonesia to cut tax on property, car sales World

Indonesia to cut tax on property, car sales

Indonesia will introduce new tax breaks on property and automotive sales this year in a bid to accelerate its economic recovery from the COVID-19 pandemic, the country's Coordinating Minister of Economic Affairs Airlangga Hartarto has said.
Inflationary pressure remains big next year: SBV Governor Business

Inflationary pressure remains big next year: SBV Governor

It is possible to keep the inflation under 4 percent this year but inflationary pressure is expected to be great next year, Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong told the National Assembly’s Q&A session on November 12.