Gotrade News - The Indonesian government, through Minister of Finance Purbaya Yudhi Sadewa, is taking decisive action against 10 companies engaged in under invoicing practices. This step aims to address significant revenue leakage for the nation.
Government Efforts in Identifying Violations
Purbaya stated that the Ministry of Finance has pinpointed companies involved in under invoicing, which is known as declaring payments lower than their actual value. Purbaya believes this effort will enhance future tax revenue.
However, the government has yet to calculate the losses incurred from such practices by these companies. Currently, the loss calculation process is ongoing, with the hope of improving revenue accuracy.
Proactive Strategies Amidst Fluctuations
As a proactive measure, Purbaya mentioned that the government is preparing a budget efficiency plan. Ministries and agencies have been instructed to prepare potential spending cuts should budgetary pressure increase.
Purbaya stressed the importance of efficiency, especially if global energy prices continue to rise. This plan underscores the government's commitment to tackling global economic challenges.
Detailed steps will be announced shortly, ensuring ministries and agencies are ready if budget cuts need to be implemented. This demonstrates the government's commitment to maintaining fiscal stability.
Reference:
- Liputan6, Purbaya Endus 10 Perusahaan Lakukan Under Invoicing, Bikin Penerimaan Negara Bocor. Accessed on March 17, 2026
- MetroTV, Purbaya Kejar 10 Perusahaan Underinvoicing untuk Tambah Penerimaan. Accessed on March 17, 2026
Featured Image: GPT Image 1.5
