Senatorial aspirant and human rights lawyer Jose Manuel 'Chel' Diokno on Monday, October 25, called on the government to impose a price ceiling on the prices of goods amid the increase of fuel prices for the ninth straight week. Human rights lawyer Chel Diokno (MANILA BULLETIN FILE PHOTO) Diokno,...
Malacañang is looking at both the possibility of suspending the excise tax on fuel and giving fuel subsidies to the public transport sector amid the soaring prices of petroleum. (Manny Llanes/ MANILA BULLETIN) Thus said Presidential Spokesperson Harry Roque in a virtual press conference Monday,...
Although she is happy now that other presidential aspirants are joining the chorus to freeze the excise taxes on fuel, Vice President Leni Robredo said that she has proposed this move back in 2018. However, being part of the opposition, her pitch wasn't given much attention. Vice President Leni...
Collections of the government’s two main tax agencies surpassed the P2-trillion mark in the first nine months of the year, nearing the pre-pandemic level, the Department of Finance (DOF) reported Friday, Oct. 22. Finance Secretary Carlos G. Dominguez III said tax haul of the Bureau of Internal...
The Anti-Red Tape Authority (ARTA) has commended the local government of Pasig City for its latest innovative service that allows residents to pay their annual real property tax for 2022 using the Pasig City Online Payment Facility. 40540 ARTA signed a Memorandum of Understanding with the Pasig...
Real property valuations of local government units (LGUs) are not increasing fast enough to keep up with the market values of land in the country, the Asian Development Bank (ADB) said. During the virtual Bureau of Local Government Finance (BLGF) webinar Thursday, Oct. 21, Jose Antonio Tan III, ADB...
The Department of Finance (DOF) has advised caution in suspending excise tax on petroleum as it will incur substantial revenue losses for the government and may affect the budget for coronavirus recovery measures. In a memorandum submitted to Finance Secretary Carlos G. Dominguez III, Finance...
The Department of Energy (DOE) is seeking the temporary suspension of the imposition of excise tax on fuel as oil price continues to soar in the past several months. (MARK BALMORES / MANILA BULLETIN FILE PHOTO) DOE Secretary Alfonso Cusi said Wednesday, Oct. 20, that he wants it suspended during...
Senate Minority Leader Franklin Drilon on Wednesday said the government should ban Xuzhou Construction Machinery Group from doing business in the country over its non-payment of income and other taxes after bagging multi-billion contracts with the Department of Budget and Management’s Procurement...
The Commission on Audit (COA) has disallowed another set of tax credit certificates (TCCs) granted to several textile companies, the Department of Finance (DOF) said. In a report by the COA Special Audits Office to Finance Secretary Carlos G. Dominguez III, the commission said it has disallowed new...
Quezon City mayoralty aspirant and Anakalusugan Rep. Mike Defensor vowed on Friday, Oct. 15 to stop the increase in land taxes imposed by the city government on residential, commercial and industrial lots if elected mayor in the May 2022 elections. Rep. Michael Defensor2 Defensor, who chose...
The Department of Finance (DOF) said that China’s heightened crackdown on online gambling is the one forcing Philippine offshore gaming operations (POGO) to close shop, and not the government’s new tax measures. Finance Secretary Carlos G. Dominguez III said the exodus of Chinese-run online...
