#Tax Target

House of Representatives Passes 2026 State Budget Law, Here Are the Structure and Targets

The House of Representatives (DPR) has officially passed the 2026 State Budget Law, targeting an economic growth rate of 5.4% and a budget deficit of 2.68% of the country's GDP. See the full details of the budget structure, macroeconomic assumptions, and revenue and expenditure targets here.

Sep 24, 2025

Tax Target for 2026 Increased, All Sectors Urged to Contribute

The Government and House of Representatives Agree to Raise 2026 Tax Target to 10.54% of GDP. All sectors are urged to contribute to tax reform.

Jul 25, 2025

Tax Revenue Realization for January–May 2025 Contracts by 7.4%

The Ministry of Finance recorded net tax revenue realization of IDR 683.26 trillion for the period January–May 2025.

Jun 18, 2025

Government Officially Submitted The 2025 Draft State Budget to DPR, Setting a Taxation Target Growth of 7.89%.

The government officially submitted the 2025 Draft State Budget (RAPBN) to the House of Representatives (DPR), coinciding with President Joko Widodo's State Address on Friday (16/8).

Aug 16, 2024

The 2023 Tax Revenue Target Increases by IDR 100 Trillion

The tax revenue target for 2023 has been revised upwards, after the government issued changes to the 2023 State Budget (APBN) posture, through Presidential Regulation (Perpres) Number 75 of 2023.

Nov 15, 2023

OECD Cuts 2023 Global Economic Growth Projection To 2.2%

The Organization for Economic Co-operation and Development (OECD) cut its projection for world economic growth for 2023 from the previous 2.8% to only 2.2%.

Sep 28, 2022

The 2023 State Budget Draft's Discussion Led to an Increase in Tax Revenue of IDR 2.9 Trillion

Sep 15, 2022

Government-DPR Agree to a Tax Target of IDR 1,265 trillion in 2022

The tax revenue target in 2022 consists of oil and gas income tax (PPh) of IDR 47.31 trillion, non-oil and gas income tax of IDR 633.5 trillion, as well as Value Added Tax (VAT) and Sales Tax on Luxury Goods (STLG) of IDR 554.3 trillion.

Sep 29, 2021

Sri Mulyani Targets 2022 Tax Ratio of 8.37%-8.42%, These are the Strategy

This figure is higher than the target set by the government this year, which is 8.18% of GDP, and in 2020 which is 8.33% of GDP.

Jun 2, 2021

Tax Revenue Target of 2021 is Set to Grow 5.8%

The growth in tax revenue is also inseparable from the government's efforts to continue providing fiscal stimulus to economic activities, one of which is tax incentives. The stimulus will be given more selectively and measurably to assist taxpayers liquidity.

Aug 19, 2020

The Government Still Intends to Complete Omnibus Law on Taxation

The plan to finalize the Omnibus Bill on Taxation becomes an interesting thing, because some of the points included in this Act are actually contained in Law Number 2 of 2020 concerning the Stipulation of Government Regulations in Lieu of Law (Perppu) number 1 of 2020.

Jun 24, 2020

Revised State Budget, Tax Target Shrinks to IDR388 trillion

Related to the change of state revenue target, the tax ratio or tax to GDP ratio is estimated to only be 9.14%, lower than the tax ratio target in the 2020 State Budget of 11.56%.The low state revenue is due to various factors, one of which is the tax incentive given in the context of economic stability during the Covid-19 period.

Apr 7, 2020