Indonesia's Tax Revenue Reaches Rp 453.6 Trillion in April 2021

Indonesia's tax revenue realization reached Rp 453.63 trillion until April 2021, a 4.46% increase compared to the same month last year, which was Rp 434.28 trillion. However, this tax revenue realization only reached 31.4% of its target in the 2021 State Budget (APBN).

Of that amount, revenue from taxes reached Rp 374.9 trillion. This figure decreased by 0.5% compared to April 2020, which was Rp 376.6 trillion.

The details are as follows: income tax (PPh) revenue amounted to Rp 233.47 trillion, value-added tax (PPN) and luxury goods sales tax (PPnBM) Rp 137.54 trillion, and land and building tax (PBB) and other taxes Rp 3.88 trillion.

Meanwhile, tax revenue from customs and excise duties reached Rp 78.7 trillion. This figure increased by 36.5% compared to April 2020, which was Rp 57.7 trillion.

Specifically, revenue from import duties amounted to Rp 11.49 trillion. From excise duties, the state collected Rp 60.05 trillion. Meanwhile, revenue from export duties amounted to Rp 7.18 trillion.

The government plans to boost tax revenue through the revision of the General Provisions of Taxation Law (RUU KUP). This is done to bring the APBN deficit below 3% in 2023.