Ministry Reveals Cost Components to Lower Airfares

Based on analysis and calculations by the Ministry of Transportation, all these cost reductions, along with considerations of routes and flight volumes for each airline, will result in a weighted average ticket price reduction of around 10 percent.

"The analysis and calculation of ticket price reductions do not yet include VAT incentives, as this falls under the authority of the Ministry of Finance," he concluded.

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Netflix, Spotify Subscriptions Exempt from 12 Percent VAT Hike

The Indonesian government has decided to maintain the 11 percent Value Added Tax (VAT) rate for streaming services such as Netflix and Spotify, forgoing a planned increas

VIVA.co.id

2 Januari 2025