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PREMIUMBPJS Ketenagakerjaan needs government help to pay compensation to laid-off workers

first_imgTopics : Forgot Password ? Indonesia employment compensation laid-off-workers omnibus-bill-on-job-creation BPJS-Ketenagakerjaan premium-income ILO LOG INDon’t have an account? Register here The Workers Social Security Agency (BPJS Ketenagakerjaan) needs financial help from the government to pay for the social security schemes of laid-off workers (JKP), one of workers’ benefits proposed under the omnibus bill on job creation. the agency’s senior executive has said.BPJS Ketenagakerjaan’s strategic planning and information technology director, Sumarjono, said in Jakarta on Monday the agency proposed that workers and employers share the responsibility for paying premiums for the compensation scheme for laid-off workers as stipulated in the proposed bill, which is currently being deliberated by the House of Representatives.“All social security concepts are based on premium payments. How could we pay the benefits without them?” Sumarjono told The Jakarta Post on the sidelines of the National Conference on Workers Social Security that was organize… Log in with your social account Google Facebook Linkedinlast_img read more

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Six tech firms ready to collect VAT, Finance Ministry says

first_imgSix over-the-top (OTT) technology firms are ready to collect value-added tax (VAT) from consumers as the government ramps up collection efforts to fund the country’s fight against COVID-19, a government official said Thursday.Tax office chief Suryo Utomo said six OTT companies with “significant economic presence” would collect VAT from consumers in August, adding that the government was also in talks with several other firms to collect VAT.Suryo, however, declined to name the companies. Finance Minister Sri Mulyani Indrawati has repeatedly mentioned the government is targeting Netflix, Spotify and Zoom. “We will announce the firms that will collect VAT on digital goods and services in early July,” Suryo told reporters during a streamed news conference. Consumers who buy the platforms’ products or services will have to pay taxes starting Aug. 1, a month after the policy comes into effect on July 1, he added.Suryo said the six internet firms were preparing infrastructure to implement the government regulation, adding that the government would need to reach an agreement first before announcing the companies.The government is pressing ahead with collecting digital tax despite an announcement by the United States Trade Representatives (USTR) to investigate such policy, which the US said was aimed squarely at its technology giants.Read also: Indonesia defends digital tax policy despite US scrutiny However, the government has maintained that the VAT was not the subject of investigation by the US, which is focusing more on corporate income tax plans for technology companies, a topic of discussion led by the Organization for Economic Cooperation and Development (OECD).“We are trying to impose the VAT first as we’re still waiting for the OECD’s consensus on how to impose corporate tax to find a long-term solution,” said Suryo.The government has been struggling to collect more revenue to fund its cash-strapped budget as the COVID-19 pandemic hits almost all business sectors. Ministry data shows state revenue reached Rp 664.3 trillion (US$47.41 billion) as of May, down 9 percent year-on-year (yoy), as tax income dropped 10.8 percent yoy to Rp 444.6 trillion.Law No. 2/2020 stipulates that the government is able to charge VAT on taxable intangible goods and/or services sold through e-commerce platforms. It can also charge income tax or electronic transaction tax on e-commerce operated by foreign individuals or digital companies that have a significant economic presence.Netflix did not immediately respond to an inquiry by The Jakarta Post.Topics :last_img read more

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Barcelona face PSG, Madrid play Galatasaray in Champions League quarters

first_imgParis Saint-Germain will take on Barcelona in the standout tie of the Champions League quarter-finals after the draw at Uefa house in Nyon, Switzerland on Friday.Barcelona, who won the competition in 2011 and overturned a 2-0 deficit to dump out AC Milan this season, will face Ligue 1 outfit Paris Saint-Germain with the first leg taking place in the French capital.Last season’s finalists Bayern Munich face a tough clash with Serie A leaders Juventus in another huge fixture.Primera Division champions Real Madrid are rewarded for their victory over Manchester United with a tie against Turkish giants Galatasaray, while Malaga, who knocked out Porto, take on German champions Borussia Dortmund.The four first legs will take place on March, with the second legs scheduled for April 9 and 10.The draw for the semi-finals will be held on April 12, and the tournament concludes at Wembley Stadium on May 25.last_img read more

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