Aldira 01 January 2025

• Economy: The government will increase VAT to 12% for luxury goods onlyIn the latest decision, the government decided to increase the value-added tax (VAT) rate to12% only for luxury goods and services currently consumed by the upper class. Minister ofFinance, Sri Mulyani Indrawati, explained that the 12% VAT rate increase only applies to goodsthat […]
