Indonesia'S Short-Term Incentive Policy To Ensure That Shoe And Garment Enterprises Do Not Lay Off Workers

P, Indonesia's industry minister, said that by providing short-term incentives, the government promised no layoffs until the end of next year.

He said: "the short-term incentive policy of the government is to reduce the 50% income tax for non export oriented taxpayers, which are effective for tax in August 2013."

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< p > > besides, < a href= "http://www.91se91.com/news/index_c.asp" > Indonesia < /a >, the government will also reduce the twenty-ninth income tax arrears in 2013 for 3 months and cancel the arrears of fines.

In addition, the government will also count the list of enterprises listed on the list of enterprises that will receive the preferential treatment.

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Besides P, the government will also relax restrictions on the bonded areas and allow them to sell 50% of their products to the domestic market.

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< p > as far as long-term incentives are concerned, the government will encourage investment by expanding the business scope and providing tax allowances to simplify the operation.

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< p > the income tax preferential policy will be provided to 5 labor-intensive industries, including < a href= "http://www.91se91.com/news/index_c.asp" > textile > /a > industry, < a href= "http://www.91se91.com/news/index_c.asp" > garment industry < /a >, slippers industry, furniture and toy industry.

He said that more than 1000 enterprises were granted tax preferences.

With this policy, he believes that the company will be able to maintain the company's liquidity by June 2014 or paying the tax deadline.

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By virtue of the above preferential tax policies, the government will require relevant enterprises to make a formal written statement of not firing employees. P

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