Jakarta, Aug. 16 -- President Joko Widodo affirmed that state revenues in the 2020 State Budget Draft worth Rp2,221.5 trillion will be fulfilled in the form of optimizing tax revenue and reforming its Non-Tax State Revenues (PNBP) system.
"In the area of taxation, the government continues taxation reforms through improving administration and tax compliance and strengthening taxation database as well as information systems," President Widodo noted in his speech for the 2020 State Budget Draft at the House of Representatives' plenary meeting at the legislative complex in Jakarta, Friday.
In order to boost competitiveness and investment, the government provides tax incentives through several instruments, specifically the expansion of tax ho...