Indonesia Extends Period for COVID-19 Relief Measures

Indonesia's Ministry of Finance has issued Regulation No. 9/PMK.03/2021, which extends the period and the scope of sectors eligible for the COVID-19 relief measures first introduced primarily for the manufacturing sector in April 2020 and subsequently extended and expanded by Regulation No. 44/PMK.03/2020, Regulation No. 86/PMK.03/2020, and Regulation No.110/PMK.03/2020. The relief includes:

• an employee income tax exemption for employees with income of less than IDR 200 million (borne by th…