Jakarta (Antara Bali) - State revenues reached Rp502.7 trillion in the year ended May 20, 2015, accounting for 28.5 percent of the target of Rp1,761.6 trillion set in the revised 2015 state budget, Finance Minister Bambang Brodjonegoro said.
"The percentage of revenues has begun to follow that of spending thanks to a rise in tax receipts," he stated at a press conference held to announce the development of macro economy and the realization of the revised 2015 state budget here on Thursday.
The rise in tax receipts has been the result of reinventing policy, which took effect early this month, he noted.
"It is unlikely that the higher increase in tax receipts has been the result of non-tax state revenues, as oil prices have declined. It has been the result of reinventing policy; in the first quarter, it is still business as usual," he remarked.
Revenue from income tax in the non-oil/non-gas sector improved as a tax program launched by the directorate general of taxation ran effectively. Yet, revenues from value added tax and luxury sale tax fell.
Tax receipts excluding income tax in the oil and gas sector reached Rp342 trillion in the year ended May 20, 2015, constituting Rp215.3 trillion from income tax in the non-oil/non-gas sector and Rp124.2 trillion from value added tax and luxury sale tax.
Meanwhile, tax receipts during the same period last year reached Rp331.9 trillion: Rp194.3 trillion from income tax in the non-oil/non-gas sector and Rp134.6 trillion from value added tax and luxury sale tax. (WDY)
COPYRIGHT © ANTARA News Bali 2015
"The percentage of revenues has begun to follow that of spending thanks to a rise in tax receipts," he stated at a press conference held to announce the development of macro economy and the realization of the revised 2015 state budget here on Thursday.
The rise in tax receipts has been the result of reinventing policy, which took effect early this month, he noted.
"It is unlikely that the higher increase in tax receipts has been the result of non-tax state revenues, as oil prices have declined. It has been the result of reinventing policy; in the first quarter, it is still business as usual," he remarked.
Revenue from income tax in the non-oil/non-gas sector improved as a tax program launched by the directorate general of taxation ran effectively. Yet, revenues from value added tax and luxury sale tax fell.
Tax receipts excluding income tax in the oil and gas sector reached Rp342 trillion in the year ended May 20, 2015, constituting Rp215.3 trillion from income tax in the non-oil/non-gas sector and Rp124.2 trillion from value added tax and luxury sale tax.
Meanwhile, tax receipts during the same period last year reached Rp331.9 trillion: Rp194.3 trillion from income tax in the non-oil/non-gas sector and Rp134.6 trillion from value added tax and luxury sale tax. (WDY)
Editor : I Gusti Bagus Widyantara
COPYRIGHT © ANTARA News Bali 2015