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What to expect from Sec. Ralph Recto leadership at DOF

Former senator, former NEDA Secretary, congressman, and deputy speaker until this week, and now Secretary of the Department of Finance (DOF), Ralph Recto has a colorful and multiple experience in both the Legislative and Executive branches of the government......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Diokno turns over DOF helm to Recto

Secretary Ralph Recto started the ball rolling as he formally took over the helm of the Department of Finance, with former DOF chief and now Monetary Board member Benjamin Diokno handing over the agency in a simple ceremony yesterday......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Diokno proud to leave DOF in better state of affairs

"I am proud knowing that I will be leaving my post at a time when the Philippine economy, in general, and the DOF, in particular, are in a better state of affairs than when I inherited them.".....»»

Category: financeSource:  philstarRelated NewsJan 12th, 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

‘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

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

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

Recto: Government no plans of imposing additional taxes

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

Category: newsSource:  sunstarRelated NewsJan 25th, 2024

Mandaue: Avoid fines, pay taxes by Jan. 20

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

Category: newsSource:  sunstarRelated NewsJan 16th, 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

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:  philstarRelated NewsJan 15th, 2024

DOF mulls mining tax tweaks for royalties, windfall profits

The Department of Finance is pushing for higher rates and fewer tiers in taxing the extractive sector, but the mining industry argued that the proposed structure would make the sector more uncompetitive......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

World Insights: Refusing to take sides, ASEAN insists on impartiality

A fishing boat sails in the Qiongzhou Strait as the summer fishing moratorium ended in the South China Sea, Aug. 16, 2021. (Xinhua/Yang Guanyu).....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Marcos insists ‘Uniteam’ remains intact despite word war with Dutertes

Marcos maintained that his relationship with Vice President Sara Duterte is “exactly the same” even after he and his predecessor, Rodrigo Duterte, engaged in a war of words......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024

Philippine Grid Code strictly followed, NGCP insists

The National Grid Corp. of the Philippines maintained that it “simply followed” the protocols set by the Energy Regulatory Commission in responding to the multiple plant shutdowns in Panay on Jan. 2 that led to a widespread blackout in Western Visayas......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

DOF finalizing P55.7 billion loan for Metro Manila subway

The government targets to secure P55.7 billion in loans from the Japanese government for the third tranche of financing for the Metro Manila Subway Projects by March......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

PDEA warns vs. proliferation of Marijuana-flavored vapes

MANILA, Philippines — The Philippine Drug Enforcement Agency (PDEA) has cautioned the public on the proliferation of electronic cigarettes or vape containing marijuana oil. It issued the warning after monitoring an upsurge in the product’s presence nationwide during its recent anti-illegal drugs operations. PDEA also said the item is illegal and it poses health risks......»»

Category: newsSource:  inquirerRelated NewsMar 17th, 2024

30 areas under ‘dangerous’ heat index classification — PAGASA

In the latest heat index bulletin of PAGASA, it said that 30 areas in the country will be under the “danger” classification, with temperatures ranging from 42°C to 47°C......»»

Category: newsSource:  philstarRelated News2 hr. 6 min. ago

PAGASA: 36 areas under dangerous heat index classification on April 29

In the latest heat index bulletin of PAGASA, the state weather bureau said that 36 areas in the country will be under the "danger" heat index classification, with temperatures ranging from 42°C to 47°C......»»

Category: newsSource:  philstarRelated NewsApr 29th, 2024

38 areas under ‘dangerous’ heat index classification — PAGASA

In the latest heat index bulletin of PAGASA, it said that 38 areas in the country will be under the “danger” classification, with temperatures ranging from 42°C to 47°C......»»

Category: newsSource:  philstarRelated NewsApr 25th, 2024