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Tax Notes: Online sellers subject to 1% expanded withholding tax
Tax Notes: Online sellers subject to 1% expanded withholding tax.....»»
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......»»
House panel OKs tax-free hazard pay to judges, prosecutors
A House panel has approved a substitute bill that seeks to grant tax-free hazard pay to prosecutors and judges of regional, metropolitan, and municipal trial courts......»»
Price rollback: P0.45 for diesel, P0.25 for gas
In separate advisories, oil companies implemented a rollback on pump prices of P0.25 per liter for gasoline, P0.45 for diesel and P0.90 for kerosene......»»
Gas prices up; diesel, LPG down today
In separate advisories, oil companies will implement a mixed adjustment as fuel products increased by P0.45 per liter for gasoline, while diesel and kerosene decreased by P0.60 and P1.05 per liter, respectively......»»
Cebu Daily Newscast: Fuel prices: Big time hikes for gasoline, diesel start Tuesday
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, February 19, 2024. Fuel prices: Big time hikes for gasoline, diesel start Tuesday Local oil firms have announced big-time increases in the pump prices of petroleum products effective on Tuesday, February 20, and.....»»
Fuel prices in Cebu City as of Feb. 6: Gasoline up by 75 centavos, diesel by P1.50
CEBU CITY, Philippines — Another round of increase in fuel prices greeted motorists on Tuesday, February 6. Local oil firms announced in separate advisories that the prices of gasoline will increase by 75 centavos per liter and diesel by P1.50 per liter. Meanwhile, kerosene was up by 80 centavos per liter. The Department of Energy.....»»
Red Sea crisis exposing EU energy weakness - FT
Diesel prices have jumped amid fears of disruptions in supply to the bloc, according to the outlet The surge in global diesel prices to an almost three-month high amid shipping disruptions is threatening to test the resilience of EU economies, the Financial Times reported on Wednesday. The rising p.....»»
Gasoline, diesel prices up for 4th straight week
Local oil companies are hiking gasoline and diesel prices by hefty amounts today......»»
Gasoline, diesel prices seen to go up next week
Another round of price hikes for gasoline and diesel may be implemented by local oil companies next week......»»
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......»»
‘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......»»
House eyes bigger wage hike of up to P350 a day
MANILA, Philippines — The House of Representatives is considering a daily minimum wage hike for all private sector workers higher than the P100 proposed by the Senate, including a bill seeking a P350 increase. In a statement on Sunday, House Majority Leader Manuel Jose Dalipe pointed out that the chamber’s members arrived at a consensus.....»»
House panel OKs tax breaks for companies hiring senior citizens
Under the bill, companies hiring elderly workers can avail of a 25% tax reduction of the amount paid to salaries, wages and benefits and trainings for senior citizens. .....»»
Tax break for 2-wheeled EVs gains ground in Congress
Giving tax breaks for two-wheeled electric vehicles is getting more support from Congress, as a bill aiming for their inclusion in the list of vehicles benefiting from tariff reduction has been filed in the House of Representatives......»»
House panels approve enhanced discounts for seniors, PWDs
Three House committees yesterday approved three bills that would enhance discounts, incentives and tax exemptions for senior citizens and persons with disabilities......»»
ADB: Carbon tax has potential in Philippines
The possibility of a carbon tax has potential in the Philippines, but such a measure must be market-driven and appropriate for the needs of a country still heavily reliant on fossil fuels......»»
4 ex-tax mappers pay of Cebu City ‘signed’ but…
CEBU CITY, Philippines – The payrolls have been signed and salaries are now being processed, but it is still not enough. The payroll for four Cebu City regular government employees and former tax mappers has been signed and is now in the process of releasing their salaries, which have been pending for 10 months. However,.....»»
Former Cebu City Hall tax mappers not to blame for salary delay
Former Cebu City Hall tax mappers not to blame for salary delay.....»»
BIR delays 1 percent withholding tax on online sellers
The Bureau of Internal Revenue has deferred the imposition of the one percent withholding tax on online platform providers to mid-July instead of mid-April to allow adjustments among taxpayers......»»