Jakarta, CNBC Indonesia – President Joko Widodo approved the provision of tax incentives for home buyers worth less than IDR 2 billion, namely in the form of VAT borne by the government of up to 100%. This incentive is expected to encourage the housing sector, which has a low GDP.
Ciputra Development Director Harun Hajadi welcomed this policy not only for the community but also for the property industry.
For complete details, watch Dina Gurning’s dialogue with Harun Hajadi, Director of Ciputra Development on CNBC Indonesia’s Property Point Program, Wednesday (25/10/2023)
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