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Oil price rollback expected next week

Lower pump prices for petroleum products are expected next week, with the Department of Energy-Oil Industry Management Bureau assistant director Rodela Romero estimating an oil price decrease of around P1 to P1.20 per liter for gasoline, P0.40 to P0.60 per liter for diesel, and P0.45 to P0.65 per liter for kerosene......»»

Category: newsSource:  philstarRelated NewsFeb 10th, 2024

5th oil price hike set February 6

Oil firms will implement an oil price hike for the fifth straight week......»»

Category: newsSource:  philstarRelated NewsFeb 5th, 2024

Another oil price hike set on January 16

Oil firms will observe an oil price increase in the third week of January......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

The Daily Guardian: Competitive Battle for Market Share Arises as U.S. Oil Production Soars

Title: Saudi Arabia Struggles to Stabilize Oil Prices Amid Rising US Production In a bid to support oil prices, Saudi Arabia and its OPEC+ allies.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 10th, 2024

New tax proposals seen to yield P213 billion revenue

The Marcos administration expects to generate P213 billion over the next five years from the priority tax proposals of the Department of Finance......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Recto to prioritize pending tax reforms

Newly appointed Finance Secretary Ralph Recto has committed to focusing on tax measures deemed a priority by President Marcos......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

From Marcos to Marcos: Lawyers murderously attacked

From the Marcos Martial Law period to 2000, one lawyer was killed each year (18 in 18 years). From 2001 to the present, there have been 204 lawyers killed at a yearly rate of about 8.87. The post From Marcos to Marcos: Lawyers murderously attacked appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 13th, 2024

4 ex-tax mappers pay of Cebu City ‘signed’ but…

CEBU CITY, Philippines – The payrolls have been signed and salaries are now being processed, but it is still not enough. The payroll for four Cebu City regular government employees and former tax mappers has been signed and is now in the process of releasing their salaries, which have been pending for 10 months. However,.....»»

Category: newsSource:  inquirerRelated NewsApr 24th, 2024

Former Cebu City Hall tax mappers not to blame for salary delay

Former Cebu City Hall tax mappers not to blame for salary delay.....»»

Category: newsSource:  sunstarRelated NewsApr 18th, 2024

BIR delays 1 percent withholding tax on online sellers

The Bureau of Internal Revenue has deferred the imposition of the one percent withholding tax on online platform providers to mid-July instead of mid-April to allow adjustments among taxpayers......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024

EDITORIAL - Taxes and governance

It’s tax filing month, and the government as usual launched a campaign to inform the public about meeting the deadline for filing tax returns......»»

Category: newsSource:  philstarRelated NewsApr 15th, 2024

Tax Notes: ITR filing 2023: Extended banking hours, bank acceptance of tax returns on Saturdays, out-of-district filing

Tax Notes: ITR filing 2023: Extended banking hours, bank acceptance of tax returns on Saturdays, out-of-district filing.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024

Vape products found with P151 million tax deficiencies

More vape products are found evading tax liabilities of around P151 million as the Bureau of Internal Revenue ramps up its enforcement activities......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

CGBP training program on tax rights, remedies

The Center for Global Best Practices will host a special online training titled “Tax Rights and Remedies for SMEs and Large Taxpayers” on April 18 and 19, from 9 a.m. to 12 p.m. via Zoom......»»

Category: financeSource:  philstarRelated NewsApr 1st, 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

Energy specialist backs tax breaks for e-motorcycles

Giving tax incentives to e-motorcycles is justified because of their proven contribution in reducing carbon emissions, a specialist from the Department of Energy (DOE) said......»»

Category: newsSource:  philstarRelated NewsMar 31st, 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.....»»

Category: newsSource:  sunstarRelated NewsMar 31st, 2024

No objections for e-motorcycle tax breaks in EO12 review

Views and position papers elicited from government agencies and EV industry stakeholders for the revision of an executive order have offered no objection to the inclusion of e-motorcycles in the tax incentives......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

House panel OKs tax breaks for companies hiring senior citizens

Under the bill, companies hiring elderly workers can avail of a 25% tax reduction of the amount paid to salaries, wages and benefits and trainings for senior citizens. .....»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

CA approves ad interim appointment of Recto

The Commission on Appointments approved yesterday the ad interim appointment of Finance Secretary Ralph Recto, who vowed to plug tax leaks, improve tax administration and prevent wasteful expenditures......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024