House Speaker Martin Romualdez (Ellson Quismorio/ MANILA BULLETIN) House Speaker Martin Romualdez has led the filing of a measure that seeks to scrap excise tax on fuel products. Read in plenary on Monday night, Feb 3 was House Bill (HB)...
Senate Minority Leader Aquilino “Koko” Pimentel III said that he is open to proposals of suspending the excise tax on imported oil and bio-ethanol as an immediate measure to bring down the fuel prices in the country. “The suspension of the excise tax could offer a temporary respite and serve...
The Department of Finance (DOF) maintained that the government should continue the more targeted approach of fuel subsidy as it warns against bowing to pressure to suspend excise taxes on petroleum. As the incoming Marcos administration is coming under pressure from several parties to implement a...
Former senator Joseph Victor “JV” Ejercito on Friday renewed his call for the government to suspend the excise tax on fuel to mitigate the ongoing global crisis on petroleum products brought about by the conflict between Ukraine and Russia. Ejercito said it’s imperative for the government to...
President Duterte emphasized that he cannot immediately act on the concerns of lawmakers on proposals to stop "e-sabong" operations or suspend the excise taxes on fuel. President Rodrigo Roa Duterte presides over a meeting with key government officials prior to his "Talk to the People" at the...