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NEWS UPDATES Asean Affairs   October 5, 2018  






Tax revenue collection reaches Rp 900.82t up to September

The Finance Ministry’s director general of taxation Robert Pakpahan has said his office booked Rp 900.82 trillion (US$59.41 billion) up to September, or 63.26 percent of the total target of Rp 1.42 quadrillion as set in the 2018 state budget.

He said in Jakarta on Wednesday that tax collection had seen a positive trend over the last two months – 16.52 percent growth in August and 16.87 percent in September.

He explained that income tax (PPh) from the non-oil and gas sector grew 16.71 percent, added value tax (PPN) from the non-oil and gas sector grew 14.35 percent, land and property tax (PBB) grew 104 percent and income tax from the oil and gas sector grew 23.31 percent.

“Progress in the collection of income tax from the non-oil and gas sector had reached 59.27 percent, or nominally 8.53 trillion, up to Sept. 30,” he said at a press conference in his office as reported by kompas.com.

Meanwhile the progress of PBB collection had reached 50.9 percent or Rp 13.77 percent, he said.

The collection of added value tax and added value tax for luxury goods had already reached 64.88 percent, or Rp 351 trillion, of the yearly target, he said, adding that the collection of income tax from the oil and gas sector had reached 124.6 percent of this year's target.

However, he admitted that his office was estimated to have only collected some 95 percent of the yearly tax revenue target up to December.


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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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