CONTROVERSY - 12 PERCENT VAT ALREADY SIGNED [FULL] - METRO TV - World Latest Movie, Series, Videos and Trailers | fetery.com

CONTROVERSY - 12 PERCENT VAT ALREADY SIGNED [FULL]

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Published on Dec 26, 2024

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MetroTV, As the 12% tariff increase is just days away from being implemented, the wave of rejection is getting bigger. Members of the House of Representatives are also not of one mind regarding the 12% VAT increase. The public voiced their rejection by taking to the streets, via social media and raising petitions. They believe that the 12% VAT will make things even more difficult for the public in the midst of difficult economic conditions. The public will face a higher cost of living, which has the potential to reduce purchasing power. For business actors, especially the MSME sector, the VAT increase could increase operational burdens. On the government's side, this policy is important to increase state revenue. Coordinating Minister for the Economy, Airlangga Hartarto said that the 12% VAT rate increase is to support the free nutritious meal program. In order to reduce the burden on the public and maintain purchasing power, the government provides incentives, such as tax reductions or exemptions for certain sectors, direct subsidies, or social assistance. These incentives aim to ease the impact of the VAT increase and maintain economic stability, especially for vulnerable groups in society. Will the 12% VAT remain in effect on January 1, 2025? Will the government's steps to reduce the impact of the VAT increase be successful? #controversy #economy #airlanggahartarto #ppnincrease #ppnincrease #ppn12percent #impactofppnincrease ----------------------------------------------------------------------- Also follow our social media to get the latest information updates! Website: https://www.metrotvnews.com/ Facebook: / metrotv Instagram: / metrotv Twitter: / metro_tv TikTok: / metro_tv Metro Xtend: https://xtend.metrotvnews.com/

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