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Excise tax collection declines to P292 billion

Lower consumption of ‘sin’ products as prices of essential goods increased last year resulted in the drop of excise tax collections by the government, further exacerbated by the still rampant illicit trade......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Villanueva returns to US for fight vs Pierce

CEBU CITY, Philippines — Veteran ring warrior Arthur Villanueva returned to the United States after eight years as he takes on Elijah Pierce on March 29 in Atlantic City, Georgia. Villanueva, an ex-ALA Boxing Gym stalwart, will return to the United States for the first time since 2016. The 35-year-old Villanueva of Bago City, Negros.....»»

Category: newsSource:  inquirerRelated NewsMar 21st, 2024

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

More vital drugs exempted from VAT with TRAIN law

More vital drugs exempted from VAT with TRAIN law.....»»

Category: newsSource:  sunstarRelated NewsFeb 23rd, 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

Villanueva decks American foe, but loses via 4th round stoppage

CEBU CITY, Philippines — Two-time world title challenger “King” Arthur Villanueva failed to upset American prospect Elijah Pierce in their edge-of-your-seat showdown in Atlanta, Georgia, United States on March 29 (March 30, Manila).  Villanueva was on the brink of victory after knocking down the bigger Pierce in the second round of their eight-rounder non-title bout.....»»

Category: newsSource:  inquirerRelated NewsMar 30th, 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

Megan Young apologizes after fixing Miss Botsawana s hair at Miss World 2024

Miss World 2013 Megan Young apologized for fixing Miss Botsawana Lesego Chombo's hair during the Question and Answer segment at the recent Miss World 2024. .....»»

Category: entertainmentSource:  philstarRelated NewsMar 11th, 2024

Isyo sa MPBL game-fixing nagkainit

Isyo sa MPBL game-fixing nagkainit.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

Lifetime ban for game-fixing

Heftier fines, longer jail times and perpetual bans in leagues are being eyed for unscrupulous persons who will engage in game-fixing......»»

Category: sportsSource:  philstarRelated NewsFeb 7th, 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

Hontiveros hopes for fair consideration of divorce bill in Senate

MANILA, Philippines — Sen. Risa Hontiveros expressed hope on Wednesday about the potential reintroduction of a divorce bill onto the Senate’s legislative agenda. In the House of Representatives, a bill on absolute divorce was brought for plenary consideration on Tuesday. The divorce bill in the Senate, however, remains pending for plenary discussion. “I had the.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Tulfo’s bill seeks to impose stricter penalties for drunk drivers

MANILA, Philippines — A bill seeking to impose stricter penalties for drunk drivers, including a fine of up to P1,000,000, has been filed by Senator Raffy Tulfo. At present, the current law penalizes drunk drivers who caused homicide with a fine ranging from P300,000 to P500,000. But Tulfo, through his Senate Bill No, 2546, proposed.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

BIR files case vs Ever Bilena over P1.6 billion tax liability

The Bureau of Internal Revenue has filed criminal charges against popular cosmetics brand Ever Bilena for allegedly failing to settle at least P1.6 billion in tax liability......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

‘Train to Busan’ director explores the ‘monsters among us’ anew in ‘Parasyte: The Grey’

From presenting the world with agile zombies in “Train To Busan” to unleashing otherworldly beings hunting down “sinners” in “Hellbound,” South Korean director Yeon Sang Ho takes on the monster genre again in Netflix’s “Parasyte: The Grey.”.....»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Tesda, Army train 100 former rebels

Tesda, Army train 100 former rebels.....»»

Category: lifestyleSource:  abscbnRelated NewsApr 18th, 2024