Tax Revenue Grows 20.7 Percent to Rp 394.8 Trillion in Q1-2026

JAKARTA, KOMPAS.com - Tax revenue in the first quarter of 2026 reached Rp 394.8 trillion, marking a 20.7 percent increase compared to the same period the previous year. This rise is seen as reflecting improvements in economic activity since the beginning of the year. Finance Minister Purbaya Yudhi Sadewa stated that the growth in tax revenue aligns with the economy showing signs of recovery. “So, the increase in tax revenue confirms that the economy is indeed experiencing improvement,” Purbaya said during a working meeting with Commission XI of the House of Representatives (DPR RI) in Jakarta on Monday (6/4/2026). “VAT and luxury goods tax grew by 57.7 percent. This means the quality of the economy is much busier compared to the same period last year,” he explained. In addition, revenue from various types of Income Tax (PPh), including corporate income tax, personal income tax, PPh 21, final income tax, PPh 22, and PPh 26, also showed increases. Personal income tax and PPh 21 grew by 15.8 percent. Purbaya noted that this indicates improvements in the national economy, as well as enhanced performance by the tax authority. According to him, the increase is also due to the government’s efforts to strengthen overall and integrated taxpayer compliance. The government continues to refine tax regulations to make them fairer and provide legal certainty for businesses. “The government continues to strengthen tax regulations to make them fairer and provide legal certainty, thus creating a sense of security for businesses in carrying out their economic activities,” the Finance Minister explained. Along with the increase in tax revenue, total state revenue for the January-March 2026 period reached Rp 574.9 trillion, up 10.5 percent year-on-year. On the other hand, state expenditure realisation in the first quarter of 2026 reached Rp 815.0 trillion. Thus, the State Revenue and Expenditure Budget (APBN) deficit was recorded at Rp 240.1 trillion, equivalent to 0.93 percent of Gross Domestic Product (GDP). Purbaya emphasised that this deficit is a normal condition, in line with the government’s acceleration of state spending to boost economic growth from the start of the year. During this period, budget absorption has reached 21.2 percent of the total APBN, higher than the usual first-quarter average of around 17 percent. The government reaffirms its commitment to maintaining fiscal discipline by ensuring the APBN deficit remains below the safe limit of 3 percent of GDP.