Monday, May 11, 2026
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Tag: government revenue

BIR seizes P461m worth of illicit cigarettes, equipment in Pampanga

The Bureau of Internal Revenue (BIR) said Friday it protected an estimated P460.98 million in government revenue following a series of enforcement operations against...

DOF expects P6.26 billion in new mining revenue under the new law

Department of Finance (DOF) Secretary Ralph Recto said Thursday the new enhanced mining fiscal regime is expected to generate an estimated average annual incremental...

DOF issues new rules to expedite sale of idle assets

The Department of Finance (DOF) said Thursday it issued new privatization guidelines to expedite the sale of non-performing public assets, boost government revenue and...

August budget deficit fell to P72 billion as government revenue rose 28%

The government’s budget deficit fell 40.43 percent or P48.9 billion in August to P72.0 billion from P120.9 billion a year ago, on the back...

SSB tax to generate P47b–Win

A total of P47 billion in government revenue would be generated with the content-based approach to the sugar-sweetened beverage by imposing a tax of...

Passage of tax reform program to support fiscal stability – Fitch

Global debt watcher Fitch Ratings said Wednesday the passage of the first package of the government’s comprehensive tax reform program will boost government revenue,...
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