Indonesia to introduce new tax breaks on property, car sales

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JAKARTA - Indonesia will introduce new tax breaks on property and car sales this year in a bid to accelerate its economic recovery from the Covid-19 pandemic as the authorities prepare for the spread

of the Omicron variant, top officials said on Sunday .

The country reported 855 new infections on Sunday, taking its total Covid-19 case tally to 4.27 million. Mr Airlangga said several schemes of tax cuts will also be given for sales of cars worth under 250 million rupiah, some of which will expire at the end of March, while others at the end of September.

Health Minister Budi Gunadi Sadikin told the same briefing the government is preparing the capital Jakarta as its"first battleground against Omicron".

 

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