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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......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Fuel-saving tips: How to save on fuel costs

CEBU CITY, Philippines—In an era of rising fuel prices and environmental concerns, saving money on fuel is not only beneficial for your wallet but also for the planet.  Whether you’re driving a gas-guzzler or an eco-friendly hybrid around the busy streets of Cebu, there are plenty of strategies you can employ to stretch your fuel.....»»

Category: newsSource:  inquirerRelated NewsMar 11th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Tax Notes: BIR clarifies tax treatment of interest on borrowings

Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

Tax Notes: Online sellers subject to 1% expanded withholding tax

Tax Notes: Online sellers subject to 1% expanded withholding tax.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

P2.5B swak sa fuel subsidy ng mga tsuper

May nakalaang P2.5 bilyon para sa fuel subsidy ng mga PUV driver ngayon taon, ayon kay Makati City Rep. Luis Campos Jr. The post P2.5B swak sa fuel subsidy ng mga tsuper first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 10th, 2024

Fuel price cut expected this week

Fuel prices are expected to decrease slightly again following a minimal downward price adjustment previously, according to industry sources. In an advisory over the weekend, Unioil said the price of diesel might go down by 20 to 30 centavos per liter and gasoline by 30 to 50 centavos per liter. ALSO READ: Fuel prices rise.....»»

Category: newsSource:  inquirerRelated NewsMar 10th, 2024

Fuel prices as of Jan. 30: Gasoline up by P2.80, diesel by P1.30 

CEBU CITY, Philippines – Local oil companies here have announced ta significant increase in the prices of fuel effective Tuesday, January 30, 2024. As a result, motorists in Cebu City will be facing a hefty increase in the prices of fuel products on the first week of February. This marks the fourth consecutive week of.....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

‘No tax breaks for eco-zone work-from-home firms’

Work-from-home setups of business enterprises in economic zones should no longer get tax incentives under the Corporate Recovery and Tax Incentives for Enterprises Act as the public health emergency status for COVID-19 has already been lifted, Justice Secretary Jesus Crispin Remulla clarified in a legal opinion......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

New finance chief eyes carbon tax

Newly installed Finance Secretary Ralph Recto is pursuing the tax reform proposals of his predecessor, starting with the imposition of a carbon tax in a bid to generate additional revenues and address environmental concerns......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

Resilient, safe schools in CV pushed

Resilient, safe schools in CV pushed.....»»

Category: newsSource:  sunstarRelated NewsMar 20th, 2024

P120-B road project pushed to pave growth of former no man s land

P120-B road project pushed to pave growth of former no man s land.....»»

Category: newsSource:  sunstarRelated NewsMar 12th, 2024

Tax break for 2-wheeled EVs pushed

It is high time to bring the “green” to Philippine roads by expanding current tax breaks to include two-wheeled electric vehicles, a leading think tank said......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Lawmaker proposes discounted fuel sales for public transport sector

Lawmaker proposes discounted fuel sales for public transport sector.....»»

Category: lifestyleSource:  abscbnRelated NewsApr 18th, 2024

Fuel price adjustments forecast after Holy Week

Fuel price adjustments forecast after Holy Week.....»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

Beermen rip Fuel Masters to stay unbeaten

The San Miguel Beermen remained unscathed in the PBA Philippine Cup after demolishing the Phoenix Fuel Masters, 116-102, Sunday at the Smart Araneta Coliseum......»»

Category: newsSource:  philstarRelated NewsMar 31st, 2024

ERC OKs limited use of LNG for Meralco, FGEN

The Energy Regulatory Commission has allowed First Gas Power Corp. and FPG Corp. to use liquefied natural gas as an alternative fuel supply source for the Sta. Rita and San Lorenzo gas plants “in the case of the occurrence of a fuel supply force majeure event.”.....»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024