Sri Mulyani: 2026 State Revenue Continues To Be Improved Without New Taxes

Minister of Finance Sri Mulyani (Photo: Antara)

Minister of Finance Sri Mulyani Indrawati emphasized that in 2026 the government will not impose new taxes or increase existing tax rates.

For information, the state revenue target in the 2026 RAPBN has been set to increase by 9.8 percent to Rp3,147.7 trillion, most of which will be sourced from tax revenues projected to reach Rp2,357.7 trillion, or grew 13.5 percent compared to the previous year.

"Because the needs of the state and nation are so much, state revenues continue to be increased without any new policies. Often, in this case, the media conveys as if efforts to increase income, we increase taxes. Even though the taxes remain the same," he said at the Committee IV Working Meeting with the Minister of National Development Planning/Head of Bappenas, Minister of Finance and Governor of BI, Tuesday, September 2.

He explained that the strategy to increase revenue will focus on improving taxpayer compliance and the Government will ensure that groups of people who are able to continue to pay taxes obediently and easily, while underprivileged groups will continue to receive protection through various incentives.

Sri Mulyani emphasized that such as MSME businesses with turnover of up to Rp. 500 million, they are still exempt from income tax (PPh). Meanwhile, for turnover between Rp. 500 million to Rp. 4.8 billion, the final tax is 0.5 percent.

According to him, this policy reflects fiscal support for small business actors who are still developing, compared to the public agency's PPh rate of 22 percent.

"This illustrates that state revenues are maintained well, but mutual cooperation to especially weak groups will still be given," he said.

In addition, he said that tax incentives were also given to priority sectors such as education and health, as well as income communities under Rp. 60 million per year who were still exempt from PPh.

"These are all the principles of mutual cooperation, but we still maintain governance," he said.

Sri Mulyani said that in order to improve tax services, the government also continues to improve the beliax System or the Core Tax Administration System which will support data integration and strengthen supervision of digital economic activity so that it is equal to conventional transactions.

"So the programs are to continue to improve, perfect the graffiti, synergy in data exchange, transactions carried out digital must be the same treatment as non-digital transactions. We continue to improve the joint program so that in terms of checking the intelligence surveillance data can be consistent and still taxes provide space for providing incentives to maintain people's purchasing power, like earlier for housing and various programs that are indeed priorities such as downstreaming," he said.