Banten Moves to Exempt Electric Vehicles from Tax

Tempo04-26

TEMPO.CO, Jakarta - The Government of Banten Province in Indonesia stated its support for the acceleration of the national clean energy transition by following the central government's policy on the ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2630832333?lang=en_US&edition=fundamental","thumbnail":"https://statik.tempo.co/data/2026/01/29/id_1456057/1456057_720.jpg","is_english":true,"pubTime":"2026-04-26 08:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2630832333","market":"sg","top_or_hot":-1,"title":"Banten Moves to Exempt Electric Vehicles from Tax","media":"Tempo","content":"<div>\n<p>TEMPO.CO, Jakarta - The Government of Banten Province in Indonesia stated its support for the acceleration of the national clean energy transition by following the central government's policy on the ...</p>\n\n<a href=\"https://en.tempo.co/read/2100391/banten-moves-to-exempt-electric-vehicles-from-tax\">Source Link</a>\n\n</div>\n","source":"tempo_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Banten Moves to Exempt Electric Vehicles from Tax</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBanten Moves to Exempt Electric Vehicles from Tax\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-26 08:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://en.tempo.co/read/2100391/banten-moves-to-exempt-electric-vehicles-from-tax><strong>Tempo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TEMPO.CO, Jakarta - The Government of Banten Province in Indonesia stated its support for the acceleration of the national clean energy transition by following the central government's policy on the ...</p>\n\n<a href=\"https://en.tempo.co/read/2100391/banten-moves-to-exempt-electric-vehicles-from-tax\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PKB","symbol_name":"INVESCO BUILDING & CONSTRUCTION ETF","start_time":0,"source_url":"https://en.tempo.co/read/2100391/banten-moves-to-exempt-electric-vehicles-from-tax","article_id":"2630832333","we_media_id":null,"thumbnails":["https://statik.tempo.co/data/2026/01/29/id_1456057/1456057_720.jpg"],"rights":{"source":"tempo_highlight","url":"https://en.tempo.co/read/2100391/banten-moves-to-exempt-electric-vehicles-from-tax","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2630832333","pubTimestamp":1777164186,"columns":[],"sourceInfo":{"source_id":"tempo_highlight","name":"Tempo"},"weMediaInfo":null,"summary":"TEMPO.CO, Jakarta -The Government of Banten Province in Indonesia stated its support for the acceleration of the national clean energy transition by following the central government's policy on the exemption of Electric Battery-based Motorized Vehicles Tax.Banten Deputy Governor, Achmad Dimyati Natakusumah, stated that the region would adjust its fiscal regulations following the issuance of the Circular Letter of the Minister of Home Affairs  Number 900.1.13.1/3764/SJ, which grants the authority to provide the tax incentive. \"For electric vehicles, we will follow the central regulations. If the central government has regulated it, we will follow,\" said Dimyati, as quoted by Antara on Sunday, April 26, 2026.The policy, signed on April 22, 2026, urges local governments to exempt Motor Vehicle Tax  and Motor Vehicle Transfer Fee  for electric vehicle owners.","collect":0,"end_time":0,"defaultTopTitle":"tempo.co","property":[],"viewcount":null,"language":"en","relate_stocks":{"PKB":"INVESCO BUILDING & CONSTRUCTION ETF"},"translate_title":"万丹采取行动免除电动汽车税收","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PKB":1},"content_text":"TEMPO.CO, Jakarta - The Government of Banten Province in Indonesia stated its support for the acceleration of the national clean energy transition by following the central government's policy on the exemption of Electric Battery-based Motorized Vehicles Tax.Banten Deputy Governor, Achmad Dimyati Natakusumah, stated that the region would adjust its fiscal regulations following the issuance of the Circular Letter of the Minister of Home Affairs (Mendagri) Number 900.1.13.1/3764/SJ, which grants the authority to provide the tax incentive. \"For electric vehicles, we will follow the central regulations. If the central government has regulated it, we will follow,\" said Dimyati, as quoted by Antara on Sunday, April 26, 2026.\nThe policy, signed on April 22, 2026, urges local governments to exempt Motor Vehicle Tax (PKB) and Motor Vehicle Transfer Fee (BBNKB) for electric vehicle owners.\n\n\n\n\n\n\n\n\n\nDespite fully supporting the environmental mission, Dimyati noted fiscal challenges. He mentioned that the increasing trend in electric vehicle usage could potentially affect the Original Regional Revenue (PAD) structure from the conventional vehicle tax sector. \"This indeed has two sides. We want to be environmentally friendly, but on the other hand, there is an impact on the PAD. This needs to be balanced,\" he said.Dimyati stated that the issue of potential decline in regional revenue had been conveyed in a coordination forum with the Coordinating Ministry and Mendagri as a consideration for future policies.Nevertheless, the Banten Provincial Government ensured that the implementation in the field would remain in line with the latest regulations set by the central government to promote an eco-friendly vehicle ecosystem in the Banten region. \"In principle, we follow the central regulations. For now, we implement it according to the existing provisions,\" said Dimyati.Previously, the Ministry of Home Affairs requested all regional heads in Indonesia to provide fiscal incentives in the form of exemption of electric vehicle taxes. This instruction was included in the Circular Letter of the Minister of Home Affairs regarding the Fiscal Incentive of Motor Vehicle Tax Exemption and Motor Vehicle Transfer Fee for Electric Battery-based Motorized Vehicles.Read: Indonesia Mourns UN Peacekeeper Who Died from Injuries in LebanonClick here to get the latest news updates from Tempo on Google News","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"policyRegulatory","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.1","shortVersion":"4.42.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2630832333","isCrawlerRequest":true}