JAKARTA - Finance Minister Purbaya Yudhi Sadewa has not made a decision regarding the plan to abolish taxes on the payment of Old Age Security or JHT. The Ministry of Finance is still waiting for data from BPJS Employment before determining policy.
"We still want to find data from BPJS, BPJS Employment. It has not been concluded what it is," said Purbaya at the Presidential Palace Complex, Jakarta, Wednesday, July 15.
When asked again whether the government had not reached a conclusion, Purbaya answered briefly, "Not yet."
The statement shows that the discussion on the abolition of the JHT tax is still at the stage of data collection. Purbaya has not explained what data is needed, the amount of tax being studied, nor the time to complete the discussion.
He also did not reveal whether the option being considered was a complete tax elimination or only applied to certain groups of participants.
JHT is a cash benefit paid to BPJS Employment participants when they reach retirement age, experience total permanent disability, or die. In certain conditions, part of the balance can also be withdrawn before retirement age in accordance with applicable regulations.
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