Indonesian Political, Business & Finance News

Archive: 16 March 2010

3 articles found

Liquor free from luxury sales tax starting April 1

Jakarta (ANTARA News) - Under a newly enacted fiscal law, alcoholic beverages will no longer be subject to luxury good sales tax effective next April 1, Finance Minister Sri Mulyani announced here Monday. "Under the newly enacted law on value added and luxury good taxes, alcoholic drinks are free from luxury good sales tax as of next April 1. We will adjust the relevant tariff accordingly," the minister said after attending an illegal liquor destruction event.

Duty-free facilities for telecommunication industry

Jakarta (ANTARA News) - The government is providing duty-free facilities for the importation of goods and materials to produce telecommunication appliances this year. The government-borne import duty facility was provided for in Finance Minister`s Regulation No. 54/PMK.011/2010 effective February 24 to December 31, 2010, Finance Minister Sri Mulyani said in a press statement on Monday.

Ministry deports 18 foreigners working in RI illegally

Jakarta (ANTARA News) - The manpower ministry recently deported 18 foreigners who had been working in Indonesia illegally while intensifying its watch over the possible influx of foreign workers under the Asean-China Free Trade agreement, a spokesman said.