Title: Dayak Chamber of Commerce Calls for Special Assistance in Budget 2025
Introduction:
As the financial world eagerly anticipates Budget 2025, the Dayak Chamber of Commerce and Industry (DCCI) is making a compelling case for special assistance for the Dayak business community and the surveying of native customary rights (NCR) land. Let’s delve into the key points raised by the DCCI and analyze the potential impact of these proposals.
Special Assistance for Dayak Business Community:
- DCCI Secretary-General, Libat Langub, emphasized the need for a specific financial package to address socioeconomic issues affecting Dayak businesses.
- A special unit in the Prime Minister’s Department is proposed to uplift the Dayak business community, with DCCI playing a crucial role in providing input to the government.
Challenges of E-Invoicing for Small Dayak Businesses:
- The implementation of e-invoicing could pose challenges for small Dayak businesses, leading to additional burdens and costs.
- Proposal to increase the threshold for exempting micro, small, and medium enterprises from e-invoicing to alleviate the compliance burden on businesses with limited capacity.
Importance of Surveying and Titling NCR Land:
- Lack of titles for untitled NCR land hinders its commercial value, as financial institutions do not accept it as collateral or security.
- Proposal for increased funds to survey and issue titles for untitled NCR land to provide native landowners with security and legal recognition of their ownership.
Tax Cuts for Individuals and Companies:
- DCCI suggests tax cuts for individuals and companies over the next five years to ease financial burdens and support post-Covid business recovery.
- Maintaining employment through tax cuts is crucial to prevent unemployment and support the country’s economic well-being.
Analysis:
The proposals put forth by the Dayak Chamber of Commerce highlight critical issues facing the Dayak business community and NCR landowners. By advocating for special assistance, addressing challenges related to e-invoicing, and emphasizing the importance of surveying and titling NCR land, the DCCI aims to stimulate economic growth and support businesses in navigating post-pandemic challenges. Additionally, tax cuts for individuals and companies can provide much-needed relief and aid in sustaining employment levels. These measures not only benefit the Dayak community but also contribute to the overall economic recovery and stability of the country.