Indonesia Plans Higher TaxFree Income Threshold
Indonesia plans to increase its taxfree income threshold for the first time in a decade to boost disposable income. The government aims to spur economic activity without affecting the 2027 budget deficit target.
Indonesia plans to raise its tax-free income threshold for the first time in a decade, aiming to boost household spending and spur economic activity. The adjustment arrives as officials look to expand disposable income across lower-income brackets without disrupting broader fiscal targets. The policy shift could bolster domestic consumption while maintaining fiscal discipline through the medium term.
