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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

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

LTFRB assures commuters: No impending fare hike

The Land Transportation Franchising and Regulatory Board has assured commuters that there is no impending fare hike even as the government implements its public utility vehicle modernization program......»»

Category: newsSource:  philstarRelated NewsMay 4th, 2024

Cebu Daily Newscast: P25 fare increase: Jeepney drivers to demand this hike if…

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Thursday, May 2, 2024. P25 fare increase: Jeepney drivers to demand this hike if… Ordinary passengers who rely on commuting daily will face a much greater burden on their wallets, as jeepney drivers will.....»»

Category: newsSource:  inquirerRelated NewsMay 2nd, 2024

Transport group seeks P2 fare hike

Transport group seeks P2 fare hike.....»»

Category: newsSource:  sunstarRelated NewsApr 16th, 2024

New ride-hailing app inDrive suspended due to fare-haggling system

Prior to the suspension order, inDrive was positioning itself to make a splash as a competitor to Grab. Now, its plans are on pause after the LTFRB questioned its fare-haggling system......»»

Category: newsSource:  rapplerRelated NewsJan 24th, 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

P25 jeepney fare hike: LTFRB-7 says it won’t happen

  CEBU CITY, Philippines – The demand for a P25 increase in the minimum fare for jeepney drivers, from P15 to P40, is deemed impossible to realize, according to the Land Transportation Franchising and Regulatory Board (LTFRB) Region 7 Director Eduardo Montealto Jr. Montealto said that the P25 increase should not be taken lightly, as.....»»

Category: newsSource:  inquirerRelated NewsMay 3rd, 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

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

Councilor to call for staggered tax hike

Councilor to call for staggered tax hike.....»»

Category: newsSource:  sunstarRelated NewsFeb 18th, 2024

LTFRB: No basis to immediately implement fare hikes amid PUVMP

The Land Transportation Franchising and Regulatory Board (LTFRB) said that there is no basis in implementing fare hikes despite the ongoing public utility vehicle (PUV) modernization program. .....»»

Category: newsSource:  philstarRelated NewsMay 4th, 2024

Marina 7 to review ‘high’ Bantayan fare rates

Marina 7 to review ‘high’ Bantayan fare rates.....»»

Category: newsSource:  sunstarRelated NewsApr 20th, 2024

176 ka bus gihatagan og special permit sa LTFRB 7

176 ka bus gihatagan og special permit sa LTFRB 7.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

LTFRB to inspect transport terminals

Land Transportation Franchising and Regulatory Board Chairman Teofilo Guadiz is scheduled to inspect transport terminals tomorrow ahead of the exodus of passengers during the Holy Week, LTFRB spokesperson Celine Pialago said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

LTFRB issues over 1,000 special permits to PUVs ahead of Holy Week

To ensure the smooth travel of Filipinos during Lenten season, the Land Transportation Franchising and Regulatory Board (LTFRB) announced the approval of special permits to 1,021 public utility vehicles (PUVs)......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

Online booking fare slightly higher: Dcott

DURING the AFP-PNP-ISpeak press conference on Wednesday morning, March 20, 2024, at the Royal Mandaya Hotel, Aisa Usop, the manager of Davao City Overland Transport Terminal (Dcott), said that the fare for online booking is slightly higher than traditional fares, prompting inquiries from passengers......»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

LTFRB-Davao to strictly monitor bus terminals for Holy Week

THE Land Transportation Franchising and Regulatory Board Region-Davao Region (LTFRB-Davao) assures strict security measures in bus terminals in line with the observance of the Holy Week from March 24 to 31, 2024......»»

Category: newsSource:  sunstarRelated NewsMar 20th, 2024