Chairman of the Chamber of Commerce and Industry (Kadin) Expects Revised PTKP Threshold Limit Not Derivated

By : Aldo Bella Putra | Wednesday, July 26 2017 - 04:25 IWST

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INDUSTRY.co.id - Jakarta, Chairman of the Chamber of Commerce and Industry (Kadin) Indonesia, Rosan P. Roeslani said, revised threshold of non-taxable income (PTKP) if to lower very difficult. According to Rosan, rising PTKP threshold is for people to spending.

"Indeed we have to spend, the point to maintain and improve economic growth of Indonesia," said Rosan to INDUSTRY.co.id in Jakarta (25/7/2017).

He added that if people do not spend, Indonesia's economic growth will not be achieved. The Indonesian economy grows because people do spending. "60% of Indonesia's economic growth is dominated by domestic consumption," he explained.

As is known, the government plans to revise the threshold of Non-Taxable Income (PTKP). Although it has not yet been decided whether PTKP's threshold will be raised or lowered, the revision of PKP and PTKP must be in accordance with the Provincial Minimum Wage, as the policy on PTKP and PKP limits in Indonesia tends to be higher than in other countries.

Based on data from the Central Bureau of Statistics (BPS) shows that the number of informal sector workers reached 68.2 million people or 57% more total workforce.

Rosan asserted, we from Kadin disagreed if the revised threshold of non-taxable income (PTKP) was lowered. "Indeed, the tax loss several trillion, but not only measured in terms of taxes alone, can be measured in terms of others," said Rosan.

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