The Finance Ministry is one step closer to issuing tax incentives for manufacturers of “green cars” after the proposal received unanimous backing from the House of Representatives.
“There’s no reason to reject this idea,” Emir Moeis, chairman of House Commission XI overseeing finance, said during a meeting with top officials from the Finance Ministry and Industry Ministry in Jakarta on Monday.
During the meeting, the interim head of the Finance Ministry’s fiscal agency, Bambang Brodjonegoro, briefed lawmakers on his plan to provide tax incentives for automotive companies manufacturing low-emission cars, in his bid to reduce the country’s fuel consumption in the long-run.
Click here to read the full story.
