JAKARTA: Indonesia's government proposed to parliament on Thursday a shakeup in tax policy, including introducing new levies, to help it boost next year's revenues while reducing the budget deficit, the country's finance minister said.
While the proposal brought up at parliament's plenary meeting lacked details, it was still met with objections from several lawmakers who warned against hiking tax when the economy had not fully recovered from the coronavirus pandemic.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!