English Version
| Tuesday, 20 November 2018 |
Indonesia Version

Monday, 19 November 2018 | 21:28
KPK Suspects Pakpak Bharat Regent Accepts Bribe Money The KPK suspects that Remigo used the money to save his wife,
who is in trouble with the law.
Monday, 19 November 2018 | 21:12
Indonesia Modification Expo 2018 Books Rp3bn The Indonesia Modification Expo (IMX) 2018 held on November 17
and 18 in Jakarta ended with success.
Non - Taxable Income to be Readjusted
Coordinating Minister for Economic Affairs Darmin Nasution. TEMPO/Subekti
Friday, 21 July, 2017 | 20:46 WIB
Non - Taxable Income to be Readjusted

TEMPO.CO, Jakarta - The government is set to increase the annual nontaxable income (PTKP) limit to Rp54 million, increasing by 50 percent when compared to the previous one set at Rp36 million per year. 

Coordinating Economic Minister Darmin Nasution said that readjusting the threshold would enable people to have a better purchasing power. Increasing the threshold would lift the burden of paying taxes and redistribute their income to other spendings.

Read: Income Tax Rates Reduction Expected by 2019

“The amount of tax imposed on them would be even smaller,” Darmin said on Friday, July 21.

Darmin revealed that the decision to adjust the PTKP threshold had gone through a large number of considerations, such as changing times, minimum wage limit, and general living expenses.

Darmin revealed that the PTKP threshold readjustment has been discussed at the Finance Ministry, but not yet at the Coordinating Ministry.

The last time the Finance Ministry elevated the PTKP threshold was in 2015.


via Facebookvia TEMPO ID


Disclaimer: The views expressed in the comments sections are personal responses that do not represent the editorial policy of tempo.co. Our editorial staff reserves the right to moderate or take down comments that contain harassment, intimidation and discrimination against ethnicity, religion, race, and inter-group relations.