Sunday, May 3, 2026
Today's Print

Tag: Tax Reform for Acceleration and Inclusion Law

BIR missed 2023 collection goal despite 7% increase in revenues

The Bureau of Internal Revenue (BIR) said Thursday it missed its 2023 revenue collection target mostly because of the revised value added tax (VAT)...

Go wants power of gov’t investment agencies restored

Secretary Frederick Go, the presidential adviser on investment and economic affairs, wanted the power of investment promotion agencies (IPAs) restored to resolve issues stemming...

BIR announces lower tax for individuals next year

The Bureau of Internal Revenue said Friday individuals earning purely compensation income, including non-business and non-profession related income, can look forward to a higher...

While fuel prices go north, incomes go south

"The government should move to allow Filipinos to cope with hard times." With the Russian invasion of Ukraine pushing up the prices of fuel and...

Batangas bettor makes it 3 in a row for lotto

For the third consecutive night, another lone bettor—this time from Batangas—became an instant millionaire after winning the P5.9 million jackpot of the Lotto 6/42...

Suspend 12% VAT on housing, DOF told

Bagong Henerasyon party-list Rep. Bernadette Herrera on Sunday urged the Department of Finance to consider the suspension of the looming imposition of 12-percent value-added...

Pump prices drop for two straight weeks

Oil companies announced a possible price rollback of P0.30 to P0.40 per liter for diesel and P0.25 to P0.30 per liter for gasoline this...

Shell, PTT stations start collecting additional fuel excise taxes

About 279 retail stations of Pilipinas Shell Petroleum Corp. and PTT Philippines began collecting higher fuel excise taxes under the third tranche of the...

‘The best is yet to come’ under Duterte–Palace

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Gov’t raising excise tax on oil products in 2020

Excise taxes on petroleum products will further increase in January 2020 in the third year of the implementation of the Tax Reform for Acceleration...

Joy reactivates price coordinating council for QC

Quezon City Mayor Joy Belmonte has reactivated the price coordinating council that shall protect residents from undue price increases and ensure an adequate supply...

Extra tax eyed on salty food

The Health department said Tuesday it is considering to propose an additional tax on salty products including processed food, a move similar to taxing...

Use TRAIN money to help farmers, solon tells DA

House Deputy Speaker Mikee Romero on Monday called on the Department of Agriculture and Department of Finance to use the Tax Reform for Acceleration...

Vehicle sales rose 2.3% in September

Vehicle sales rose 2.3 percent in September to 31,820 units from 31,116 units a year ago, the Chamber of Automotive Manufacturers of the Philippines...
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