VAT Hike Triggers Backlash, Treasury Faces Opposition

VAT Hike Triggers Backlash, Treasury Faces Opposition

Thailand’s Finance Minister, Pichai Chunhawit, has sparked renewed discussion about the country’s tax system, proposing a series of reforms aimed at modernization. Speaking at the Krungthep Turakij’s Sustainability Forum 2025: Synergizing for Driving Business on December 3, 2024, Chunhawit unveiled key proposals designed to bring Thailand’s tax structure into the 21st century. “We need to … Read more

Barnier makes last-ditch effort to prevent government collapse – POLITICO

Barnier makes last-ditch effort to prevent government collapse – POLITICO

French Government on the Brink as Budget Battle Rages Paris, France – French Prime Minister Michel Barnier faces a crucial vote that could topple his government as lawmakers prepare to debate a controversial budget proposal. Barnier announced his ambitious plan, incorporating €60 billion in both spending cuts and tax hikes, shortly after taking office in … Read more

A positive sign for hybrid car incentives, coming out soonest at the beginning of the year

A positive sign for hybrid car incentives, coming out soonest at the beginning of the year

Jakarta – Industry Minister Agus Gumiwang Kartasasmita revealed the good news about the promotion for hybrid cars. His party has proposed incentives in the form of incentives. If all goes well, the rules will be out next year at the earliest. “Incentives for hybrids is also one that we have proposed and will be discussed … Read more

Donald Trump will make this appointment as US Treasury Secretary

Donald Trump will make this appointment as US Treasury Secretary

Jakarta – The President of the United States (US) Donald Trump appointed the billionaire Scott Bessent as the Minister of Finance. Trump believes that Bessent’s ability is capable of ushering the US into a new golden age and strengthening his country on the world economic stage. “He will help me usher in a new Golden … Read more

WHO Director-General Rushed to Hospital After Experiencing Hypertension at G20 Summit, Here’s His Condition

WHO Director-General Rushed to Hospital After Experiencing Hypertension at G20 Summit, Here’s His Condition

Jakarta – The Director-General (Dirjen) of the World Health Organization (WHO) Tedros Adhanom Ghebreyesus was taken to the hospital after attending the G20 Summit in Rio de Janeiro, Brazil, on Wednesday (20/11/2024). He was treated at the Barra da Tijuca Samaritan Hospital. Brazilian newspaper O Globo said Tedros had looked inadequate since the start of … Read more

The price of gold today is more expensive, it is up so much!

The price of gold today is more expensive, it is up so much!

Jakarta – Gold price today The yield of 24 Carat Precious Metal at Antam rose again on Wednesday (20/11/2024). The price of gold rose today by IDR 7,000 per gram and is at the level of IDR 1,498,000 per gram. This is the third day in a row that gold prices have risen. Quoting from … Read more

A shift in investor interest after Trump’s victory.. How are financial markets affected? – CNN Economic

A shift in investor interest after Trump’s victory.. How are financial markets affected? – CNN Economic

Table of Contents 1 The secret is in Trump’s policies 2 What next? 3 Ative,⁢ as many investors view cryptocurrencies⁢ as a way to diversify their portfolios amidst political uncertainty. However, we also need to consider ⁢regulatory ⁢developments that could impact ⁤this trend moving forward. Financial markets saw significant changes with the victory of former … Read more

VAT will increase to 12%, Garuda Boss ensures that ticket prices will increase

VAT will increase to 12%, Garuda Boss ensures that ticket prices will increase

Jakarta – It is planned to increase the rate of Value Added Tax (VAT) to 12% in 2025. This plan is stated in Law No. 7 of 2021 regarding the Harmonization of Tax Regulations approved on 29 October 2021 by ‘ President Joko Widodo. The President Director of PT Garuda Indonesia (Persero) Tbk, Irfaniaputra, said … Read more

Taxpayers don’t have to worry about reporting tax returns starting in 2025, here’s how!

Taxpayers don’t have to worry about reporting tax returns starting in 2025, here’s how!

Jakarta, CNBC Indonesia – The Directorate General of Taxes (DJP) of the Ministry of Finance is currently drafting regulations detailing the criteria for taxpayers who no longer need to report annual tax returns (SPT). This facility is provided in line with the implementation of a basic tax administration system that will begin next year. The … Read more