The government has officially reduced the income tax rate (PPh) on bond interest earned by local investors to 10%, from the previous rate of 15%. The policy is stated in Government Regulation (PP) Number 91 of 2021 concerning income tax in the form of bond interest received or obtained by domestic taxpayers and permanent establishments.Benefits of investing in Indonesia government bonds:
- Secure, state-protected coupon and principal payments.
- Lower income tax than time deposit.
- Relatively higher yield compared to time deposit.
Take this opportunity by starting to invest in Indonesia government bonds.