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Recto urged to pursue progressive taxes

Newly appointed Finance Secretary Ralph Recto should backpedal from pursuing consumption-based taxes and instead focus on more progressive ones in order to generate revenues amid the country’s limited fiscal space, economists said......»»

Category: financeSource: philstar philstarJan 15th, 2024

Recto: Government no plans of imposing additional taxes

Recto: Government no plans of imposing additional taxes.....»»

Category: newsSource:  sunstarRelated NewsJan 25th, 2024

Imee hopes Recto won’t push for additional taxes

Sen. Imee Marcos is urging newly appointed Finance Secretary Ralph Recto to strengthen the country’s tax collection system first, instead of talking about “trillions of taxes.”.....»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

‘No new taxes likely until 2028’

The stance of Finance Secretary Ralph Recto against new taxes could extend until the end of the administration as the government will try to focus on improving tax collection efficiency first......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

To raise gov’t revenues, Recto says solution need not involve new taxes

New Finance Secretary Ralph Recto says non-tax efforts like helping businesses comply with the law will help government meet its revenue targets.....»»

Category: newsSource:  rapplerRelated NewsJan 24th, 2024

Recto: No new tax on junk food, sweetened drinks

Finance Secretary Ralph Recto is not inclined to impose additional consumption-based taxes such as on junk food and sweetened beverages as these measures can be inflationary, while the debt level remains manageable and does not warrant extra burden on Filipinos......»»

Category: newsSource:  philstarRelated NewsJan 24th, 2024

Government t sees more revenue from e-cigarette taxes

The domestic electronic cigarette and vape industry are expected to contribute in hitting the government’s revenue collection goal, as players are urged to pay the right taxes amid Filipinos’ shift to alternative smoking......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Ralph Recto named as new Finance secretary 

In a statement, Senate President Juan Miguel Zubiri said that he welcomes Recto’s appointment as the new Finance chief, remarking that Recto was known in the Senate as the “resident numbers genius.”.....»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Progressive : Arlene Damot on embracing married women, all ages in Miss Universe

Mrs. Universe 2023 2nd runner-up Arlene Damot sees the Miss Universe Organization's decision to lift the age requirement and welcome married women as a progressive move......»»

Category: newsSource:  philstarRelated NewsMar 29th, 2024

Tax Notes: Guidelines for the filing of Annual Income Tax Returns and payment of taxes due thereon for calendar year 2023

Tax Notes: Guidelines for the filing of Annual Income Tax Returns and payment of taxes due thereon for calendar year 2023.....»»

Category: newsSource:  sunstarRelated NewsApr 20th, 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

Government to limit debt as new taxes hang

With outstanding debt at a record high, the government may have to go slow with its borrowing spree, at least for now, amid its no new taxes stance and the still elevated interest rate environment......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Manila LGU extends deadline for applications for business permits and licenses, payment of taxes and fees

Manila Mayor Honey Lacuna announced that the city government has extended the deadline for the filing of applications of business permits and licenses as well as the payment of taxes and fees. This, according to Lacuna, is meant to give business owners and the taxpayers of Manila more time to settle their dues. The mayor […].....»»

Category: newsSource:  journalRelated NewsJan 24th, 2024

Mandaue: Avoid fines, pay taxes by Jan. 20

Mandaue: Avoid fines, pay taxes by Jan. 20.....»»

Category: newsSource:  sunstarRelated NewsJan 16th, 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

Ralph Recto’s 4Ms: How to survive the Cabinet – and the role of media

Finance Secretary Ralph Recto gets wise advice on how to survive as a member of the Cabinet, and adds a piece of his own.....»»

Category: newsSource:  rapplerRelated NewsMar 24th, 2024

Recto sees ‘realistic’ 6-6.5 percent growth for Philippines

Finance Secretary Ralph Recto is looking at a “more realistic” economic growth of at least six to 6.5 percent for this year, with medium-term economic expansion likely to be tempered as well......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Budget surplus unlikely to last – Recto

The record budget surplus in January is unlikely to be sustained over the coming months, more so for the rest of the year, but the government is not worried so long as revenue targets are achieved, according to Finance Secretary Ralph Recto......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Vilma Santos mas priority ang pamilya, payag bang maging FDCP chairman?

PAGKATAPOS ng kick-off ceremony ng Barako Festival 2024 na ginanap sa Lipa City, Batangas na pinangunahan dating congresswoman na si Vilma Santos-Recto kasama ang anak na si Ryan Christian Santos Recto nitong Huwebes, Marso 14, ay humarap naman sila sa media na dumalo para matanong tungkol sa showbiz. Unang tanong kay Ate Vi na ngayong.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

Vilma nanguna sa pagdiriwang ng ‘Barako Festival 2024’, dinagsa ng celebs

SA ikalawang taon ng selebrasyon ng Barako Festival ngayong 2024 ay masasabing ito ang pinakamalaki dahil maraming highlights mula kahapon, Marso 14 hanggang bukas, Marso 16. Ang Star For All Seasons na si dating Congresswoman Vilma Santos–Recto ang nanguna sa opening ng Barako Fest 2024 kasama ang anak na si Ryan Christian Santos-Recto, pati ang.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

Recto revives plan to sell NAIA assets

Finance Secretary Ralph Recto has revived plans to sell the assets of the Ninoy Aquino International Airport and turn it into a new business district to generate additional revenues for state coffers......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024