The Indonesian government on Tuesday unveiled a second batch of stimulus packages to lure investors, prop up weakening rupiah and accelerate GDP increase in the country, an official said here.
Sourced through Scoop.it from: globserver.cn
The minister said that the exporters keeping their U.S. dollars at local banks will have their gain tax on interest reduced to 7. 5 % from 20 % for one month deposit.
For one year deposit, the tax will be deleted to 0 %, he said.
The tax on revenue converted into rupiah would be exempted to 0 % from 20 % for time deposit of six months, Brodjonegoro said.