Chairman of Commission XI proposes reducing VAT from 11% to 10%

• Misbakhun, Chairman of Commission XI, proposes reducing VAT from 11 percent to 10 percent to ease people’s burden.
• The proposal aligns with President Prabowo’s commitment to alleviate hardships for Indonesians.
• Misbakhun emphasizes the need for policies to reduce tax burdens on ordinary people.
• Maintaining household consumption is crucial for strong purchasing power.
• Parliament supports policies that sustain consumption strength.
• Misbakhun suggests taxing some agricultural products at 8 percent to support industrialization.
• He believes a lower VAT rate will boost household consumption and productivity.
• Tax rate changes have led to protests, such as in Pati Regency against a proposed tax hike.

Source: jakartaglobe.id

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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