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BIR attempts ‘friendly’ tack
February is not just the love month, it also marks the start of a yearlong campaign for the Bureau of Internal Revenue (BIR) to encourage the public to pay their tax obligations. After all, collecting P3.05 trillion is no easy task......»»
SSS Surpass 2023 Revenue Target by 9.5%
The Social Security System (SSS) said it surpassed its revenue target for 2023, the highest revenue ever recorded according to SSS Chief Executive Officer Rolando Ledesma Macasaet. In a press release, SSS said they had initially set the revenue target for last year at Php330 billion but have achieved 9.5% more or Php362.20 billion. “Our […].....»»
Naga City employee nabbed for ‘stealing’ P12M in gov’t collections
CEBU CITY, Philippines — A 44-year-old liquidating officer of Naga City, Cebu was arrested by the police on Monday, February 19, for allegedly stealing City Hall collections that accumulated to a total of P12 million. The arrested employee was identified as Jesette Kristy Villarta Rivera, a resident of Barangay North Poblacion. City Treasurer Anna Maria.....»»
Rice tariff collections hit P30 billion in 2023
Tariff collections from 3.6 million metric tons of rice imports likely reached a record P30 billion in 2023 on the back of a weaker peso and higher global grain prices......»»
DBM: Infrastructure, capital expenditures breach P1 trillion
Expenditures of the national government for infrastructure and other capital outlays grew to P1.02 trillion from January to November 2023 from only P861.8 billion in the same period in 2022, according to the Department of Budget and Management......»»
Philippine bank assets swell to P30 trillion
The total resources of the country’s financial system went up by almost 10 percent to breach the P30-trillion level, the Bangko Sentral ng Pilipinas said......»»
PH exports surpass US$ 100-B in 2023
PH exports surpass US$ 100-B in 2023.....»»
Mga influencer, online seller yari sa BIR
Muling nagpaalala ang Bureau of Internal Revenue sa mga social media influencer at online seller na magbayad ng buwis upang hindi makasuhan ng gobyerno. The post Mga influencer, online seller yari sa BIR first appeared on Abante......»»
BIR-Davao urges taxpayers to file ITR before deadline
BUREAU of Internal Revenue-Davao Region (BIR-Davao) calls on taxpayers to file their income tax returns (ITR) and not wait for the deadline which would be this coming April 15, 2024......»»
Tax Notes: BIR issues clarification on the taxation of cross-border services
Tax Notes: BIR issues clarification on the taxation of cross-border services.....»»
Tax Notes: BIR clarifies tax treatment of interest on borrowings
Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»
Woman who demanded money in return for release of BIR docs apprehended
Woman who demanded money in return for release of BIR docs apprehended.....»»
Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions
Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions.....»»
26 BIR officials suspended
Bureau of Internal Revenue commissioner Romeo Lumagui Jr. has ordered the suspension of 26 BIR employees charged with misconduct and various other offenses......»»
Philippines debt declines to P14.9 trillion in March
The country’s outstanding debt declined by nearly two percent to P14.93 trillion as of end-March from a record P15.18 trillion a month ago as the government settled its obligations to both local and foreign lenders, according to the Bureau of the Treasury......»»
Bank assets grow 10 percent to P24.8 trillion
Philippine banks’ assets grew by 10.3 percent to P24.81 trillion in January from the P22.49 trillion recorded a year ago, according to data from the Bangko Sentral ng Pilipinas,.....»»
Philippines debt hits record P14.6 trillion
The Marcos administration has so far incurred P1.82 trillion in debt since it assumed office, largely due to a high interest rate environment, pushing the country’s outstanding obligation to an all-time high of P14.62 trillion in 2023, according to the Bureau of the Treasury......»»
DICT: Customs data breach contained
The data breach of the Bureau of Customs systems has been contained and defense of the agency’s database is ongoing, according to the Department of Information and Communications Technology......»»
AT& T informs users of data breach and resets millions of passcodes
AT&T, one of the largest telecommunications companies in the United States, is facing a major data breach that has left millions of customers at risk......»»
PHL gross gaming revenues breach P200B in 2 straight years
PHL gross gaming revenues breach P200B in 2 straight years.....»»