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Govt to proceed with plan to set up revenue body, Hashim signals

The Jakarta Post article from December 2, 2024, discusses the Indonesian government's plan to establish a new revenue body, as signaled by Finance Minister Sri Mulyani Indrawati. This initiative aims to enhance the efficiency and effectiveness of revenue collection, which has been a point of contention due to the current fragmented system involving multiple agencies. The new body is expected to streamline tax collection, customs, and excise duties, potentially increasing state revenue and reducing administrative overlaps. Minister Indrawati emphasized the need for this reform to address fiscal challenges and improve economic resilience, especially in light of global economic uncertainties. The proposal has sparked discussions on its implications for bureaucratic restructuring and the potential for increased tax compliance and revenue.

Read the Full The Jakarta Post Article at:
[ https://www.thejakartapost.com/business/2024/12/02/govt-to-proceed-with-plan-to-set-up-revenue-body-hashim-signals.html ]