Sri Mulyani Vows to Achieve 2026 Revenue Goals Without Tax Hikes or New Levies

JAKARTA. Minister of Finance Sri Mulyani has pledged that the government will not increase tax rates or introduce new taxes in 2026. This assurance comes although the tax revenue target in the 2026 Draft State Budget (RAPBN 2026) is set to rise by 13.5% compared to the 2025 tax revenue outlook.

In nominal terms, the 2026 tax revenue target is set at IDR 2,357.7 trillion. This figure is largely dominated by Income Tax (PPh), which accounts for 51.3%.

Meanwhile, Value Added Tax (VAT) and Sales Tax on Luxury Goods (STLG) together contribute 42.2%. Revenue from Land and Building Tax (PBB) and other taxes makes up the remaining 6.5%.

Sri Mulyani made the statement in response to public concerns that, to meet the 2026 revenue target, the government might raise tax rates. “In fact, tax rates will remain the same,” said Sri Mulyani on Tuesday (September 2), during a Working Meeting with Committee IV of the Regional Representative Council (DPD).

To achieve the 2026 tax revenue target, the government will focus on improving tax administration services, in hopes of enhancing taxpayer compliance.

In addition, the government will strengthen oversight of taxpayers. Specifically, the RAPBN 2026 outlines five technical policy measures to support the achievement of the tax revenue target:

Implementation of Coretax and Compliance Risk Management (CRM) systems.

Execution of joint programs between tax-related agencies.

Provision of measured and targeted tax incentives.

Optimization of the implementation of the Law on Harmonization of Tax Regulations (UU HPP).

Collection of outstanding tax receivables.