KOMPAS.com – Indonesia has approved a tax exemption for the production of new cars of up to 1,500 cc in the sedan category.
The decision was made in a move to support the national economic recovery program amid the Covid-19 pandemic.
The tax exemption will be implemented in three stages, according to the Coordinating Economic Affairs Minister Airlangga Hartarto.
Meanwhile, Indonesia's former Minister of Tourism and Creative Economy Wishnutama Kusubandio has been named the president commissioner of the country’s largest mobile phone operator, Telkomsel.
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Indonesia Approves New Car Tax Incentives
Coordinating Economic Affairs Minister Airlangga Hartarto
has approved the Ministry of Industry's proposal on luxury tax (PPnBM) exemption for new vehicles of up to 1,500 cc.
The relaxation, which will take effect in stages from March 1, is done in a bid to support the national economic recovery program amid the Covid-19 pandemic.
"The 100 percent PPnBM incentive of the tariff will be given in the first stage," said Airlangga in a statement on Thursday, February 11.
Furthermore, the government will provide a 50 percent tax discount in the second stage or the next three months followed by a 25 percent tax discount in the third stage.
The policy will be evaluated every three months to boost the automotive industry which is expected to contribute to state revenue of 1.4 trillion rupiahs ($100.1 million).
Indonesian Ex-Minister Named Commissioner of Telkomsel
Indonesia's top telecom firm PT Telkom Indonesia Tbk (Telkom) and Singapore Telecommunications Ltd (SingTel) have officially appointed Indonesia's former Minister of Tourism and Creative Economy Wishnutama Kusubandio as the new president commissioner of Telkomsel.
Wishnutama will effectively assume the position at the country’s largest mobile phone operator starting from February 11, replacing Ririek Adriansyah.
With nearly 26 years of experience in the creative industry, Wishnutama has extensive experience in the digital technology industry.
Telkom's SVP of Corporate Communication & Investor Relations, Ahmad Reza, in a statement welcomed Wishnutama as one of the company's commissioners.
"The Management of Telkom Group would like to give our warmest welcome to Wishnutama as the President Commissioner of Telkomsel," said Reza in a statement on Thursday, February 11.
"It is a good thing for Telkom Group, especially Telkomsel, considering that he is a person who understands digital technology with extensive experience in the digital industry," added Reza.
Travel Restrictions during Long Weekend Holidays for Indonesian Civil Servants Could be Extended
Administrative and Bureaucratic Reform Ministry’s undersecretary for institutions and governance, Rini Widyantini, said a new policy of restricting civil servants from taking leave and traveling out of town during long weekend holidays could be extended.
The policy could be applied if the number of Covid-19 cases in Indonesia remains high during the long weekend holiday.
“The Ministry of Administrative and Bureaucratic Reform will follow the Covid-19 National Task Force. The policy is likely to be continued and could be done during the long weekend holiday,” she said during a virtual press conference on Thursday, February 11.
“However, it would depend on the number of the Covid-19 cases,” she added.
The suspension on travel activity was issued by the government following the increasing number of the Covid-19 confirmed cases that occur during the 2020 year-end holidays.
However, the ministry will be based on the policies issued by the Covid-19 National Task Force in Indonesia.
Previously, Minister of Administrative and Bureaucratic Reform Tjahjo Kumolo issued circular No. 4/2021 on travel restrictions for civil servants during the Lunar New Year holiday from February 11-14.
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