Tag page - national tax allotment (NTA)

The national government will increase its tax allocations to local government units (LGUs) by nearly 11 percent to a record ₱1.32 trillion for fiscal year (FY) 2027, ramping up state spending to insulate regional economies from persistent global energy shocks. Based on Local Budget Memorandum...

The national government’s (NG) usual April budget surplus shrank by more than half this year after the annual income tax returns (AITRs) filing and payment deadline was extended by one month due to the national energy emergency, although revenues were partly supported by millions of pesos in...