VAT incentives encourage home purchases

Aerial photo of a housing complex in Lumajang, East Java, Tuesday (12/11/2024). The government has extended the provision of 100 percent Government Borne Value Added Tax (PPN DTP) incentives for the housing sector from 1 September - December 2024 in order to accelerate growth in the property sector and by the end of October 2024 this program has succeeded in encouraging the purchase of 31,600 housing units which are estimated to reach 54,000 housing units by the end of the year. ANTARA FOTO/Irfan Sumanjaya/agr

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