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Excise tax on single-use plastics to yield P34 billion
The move to slap excise taxes on single-use plastics is seen generating P34 billion for the government and curbing the increasing mismanagement that contributes to overall pollution......»»
BIR eyes P325 billion from excise taxes
The Bureau of Internal Revenue targets to collect higher excise taxes of up to P325 billion this year as the government moves to improve the regulatory environment and address the still rampant illicit trade......»»
Oil price hike expected on February 20
After last week’s price rollback, another oil price hike is expected to be implemented by oil firms next week......»»
5th oil price hike set February 6
Oil firms will implement an oil price hike for the fifth straight week......»»
Recto bats for tax, tariff relief for hybrids
Finance Secretary Ralph Recto is in favor of granting reduced excise tax and preferential tariff to hybrid vehicles......»»
DOF limits tax-exempt status for pickup trucks
The Department of Finance is pushing for only one kind of pickup truck to remain tax-exempt as it insists on the removal of special excise treatment on all other types......»»
Argentine oil producers rebel against Milei government
A number of regions have threatened to withhold supplies in what has turned into a standoff with the president Argentina's key oil-producing provinces have threatened to cut supplies to the rest of the country if President Javier Milei presses ahead with a plan to slash funding and withhold billions in federal tax rev.....»»
Tax Notes: BIR clarifies tax treatment of interest on borrowings
Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»
Councilor to call for staggered tax hike
Councilor to call for staggered tax hike.....»»
Tax Notes: Online sellers subject to 1% expanded withholding tax
Tax Notes: Online sellers subject to 1% expanded withholding tax.....»»
Big-time oil price hike amid Holy week exodus
Big-time oil price hike amid Holy week exodus.....»»
Oil price hike set on April 9
Oil firms will observe an increase in oil prices in the second week of April......»»
Another oil price hike set on January 16
Oil firms will observe an oil price increase in the third week of January......»»
UP to Marcos to suspend PhilHealth premium hike– DOH
The decision to implement or suspend the scheduled increase in the members’ contributions in the Philippine Health Insurance Corp. is up to President Marcos, according to the Department of Health......»»
MAV suspension plan up for review
The Department of Agriculture plan to suspend the minimum access volume on pork and corn would undergo the scrutiny of the government’s economic cluster, a DA official said yesterday......»»
Marcos Jr. studying suspension of hike in PhilHealth rates premium hike
President Marcos is studying a proposal to suspend the implementation of the five percent increase in premium rates of the Philippine Health Insurance Corp.this year, Malacañang said yesterday......»»
Tax revenues jump to P3.4 trillion
The country’s tax revenues rose by five percent to hit P3.38 trillion as the government ramped up its tax administration and digitalization program......»»
Marcos calls for ‘Bagong Pilipinas’ and efficient service in governance brand kick-off rally
MANILA, Philippines — President Ferdinand Marcos Jr. on Sunday urged all government workers to work towards a “Bagong Pilipinas” (New Philippines) and deliver “responsive, efficient” service during the kick-off rally for his governance brand at Quirino Grandstand in Manila. Bongbong Marcos calls for ‘Bagong Pilipinas’ and efficient service in governance brand rally He also encouraged Filipinos.....»»
Bill pushing P100 daily wage hike gets Senate nod on 2nd reading
MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers. Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»
DOF drops income tax hike for dividend income
The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»