Indonesian govt approves bill of raising taxes from profit of ferronickel
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Update time : 2020-05-15 21:54:01
According to the market news, the Indonesian government had approved a revised mining bill that would raise the taxes from the profit of ferronickel.
By the content from the bill, the tax ratio of ferronickel profit would be increased by 0.5%.
The bill was still needed to be deliberated by the House of Representatives, and the market expected it would increase the cost of the ferronickel.
