Cempaka Business and Economy: Ministry proposes Rp 6.8t tax cuts for key sectors

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Tuesday, December 02, 2008

Ministry proposes Rp 6.8t tax cuts for key sectors

Mustaqim Adamrah, The Jakarta Post, Jakarta | Tue, 12/02/2008 10:49 AM

The Industry Ministry is proposing the removal of value-added tax (VAT) totaling Rp 6.8 trillion (US$561.98 million) to help keep labor-incentive sectors afloat, an official says.

The ministry's director general for metal, machinery, textile and miscellaneous industries, Ansari Bukhari, said Monday the proposed industries to receive the 10 percent VAT cut included steel, textiles and footwear.

"These industries are being designated because they employ a great many workers and have made a significant amount of investment," he said, adding other directorate generals would also have their own proposals.

Central Statistics Agency (BPS) data shows that 1.01 million people were employed in textile companies, 30,069 workers in steel firms and 186,003 workers in footwear in 2005.

Ansari said the that the elimination of VAT for the steel sector would save around Rp 4 trillion, whilst for textiles the saving would be Rp 2.2 trillion and for footwear Rp 600 billion. The scrapping of VAT will be applied to the raw materials used by these industries.

The proposals, which will be submitted soon to the Finance Ministry for approval, will cover locally made products only.

These tax reductions represent more than half the tax savings of Rp 12.5 trillion planned by the government under the 2009 state budget for the reduction and elimination of VAT and import duties to help the manufacturing sector withstand the impact of the global economic slowdown.

Of this amount, some Rp 10 trillion will be spent on cuts in VAT and the remaining Rp 2.5 trillion on reduction in duties.

Some 10 industrial sectors will benefit from tax cuts, including food and beverages, electronics and electronic components, automotive and auto parts, telecommunications and information technology, ship components, chemicals, heavy equipment and components for small-scale steam-generated power plants

In the steel industry, the eligible products for tax cuts will include hot rolled coil, cold rolled coil (CRC), hot rolled plate, galvanized iron sheet, wire rod and wire rod-related products and concrete steel.

"A zinc-coated steel manufacturer, for example, that imports CRC for its raw material will not be eligible for the elimination of VAT," he said.

"This move is aimed at guaranteeing that local CRC manufacturers will be able to sell their products in the domestic market," he added.

However, the Indonesian Iron and Steel Industry Association (IISIA) co-chairman on long products, Ismail Mandry, said manufacturers using scrap steel should also be eligible for the tax cuts because of high demand for that type of steel by manufacturers in the downstream industry, including concrete steel producers.

He said scrap steel imports amounted to 2 million tons per annum, twice as much as the one million tons produced locally.

Ansari said scrap steel and other upstream products, including pig iron, pellet and billet, would not benefit from the cuts because "the upstream steel industry is still under-developed".

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Tuesday, December 02, 2008

Ministry proposes Rp 6.8t tax cuts for key sectors

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