Credit to Author: Javier J. Ismael| Date: Wed, 18 Mar 2020 03:30:44 +0000
SEN. Christopher Lawrence “Bong” Go appealed to the Department of Finance (DoF) and the Bureau of Internal Revenue (BIR), to extend the deadline for the filing of Annual Income Tax Returns (ITRs). Go made the appeal after the BIR released last Monday Revenue Memorandum Circular 25-2020, which states that the “filing shall still be done […]
Read moreCredit to Author: The Manila Times| Date: Tue, 03 Mar 2020 07:00:10 +0000
THE Department of Finance is optimistic on the sustained Philippine economic expansion this year amid domestic and global headwinds, saying the government has enough tools to propel rapid and inclusive growth. In a speech at The Manila Times’ 11th Business Forum: “The Philippine Economic Outlook 2020” held in Makati City on Tuesday, Finance Undersecretary Antonette […]
Read moreCredit to Author: Mayvelin U. Caraballo, TMT| Date: Thu, 27 Feb 2020 16:45:04 +0000
THE Department of Finance (DoF) maintained the country’s fiscal health last year by collecting more taxes and keeping its exposure to the debt market manageable. In its report, the Finance department said its total revenue collection reached P3.14 trillion in 2019, up 10.1 percent from the 2018 figure. Of the total, tax collections reached P2.83 […]
Read moreCredit to Author: Mayvelin U. Caraballo, TMT| Date: Tue, 25 Feb 2020 16:53:10 +0000
EXCISE tax payments of cigarette manufacturers rose last year, accounting for more than half of the government’s total sin tax collections, data from the Department of Finance (DoF) showed. The Bureau of Internal Revenue (BIR) collected P147.5 billion in ‘sin’ taxes from cigarette products in 2019, up 8 percent from the P136.5 billion collected a […]
Read moreCredit to Author: besguerra| Date: Sun, 14 Jul 2019 21:19:00 +0000
CAGAYAN DE ORO CITY, Misamis Oriental — The plan of the Department of Finance (DOF) to organize a special strike team within the Bureau of Customs (BOC) to prevent foreign garbage from being dumped in the Philippines has the support of environmental group EcoWaste Coalition. EcoWaste Coalition national coordinator Aileen Lucero said Finance Secretary Carlos […]
The post BOC team vs foreign trash backed appeared first on Inquirer News.
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Credit to Author: clopez| Date: Fri, 24 May 2019 21:34:53 +0000
The Bureau of Internal Revenue (BIR) on Friday ordered Philippine offshore gaming operators (Pogo) to pay the P3.4 billion
The post BIR to Pogo firms: Pay P4.4-B unpaid taxes of Chinese workers appeared first on Inquirer News.
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Credit to Author: clopez| Date: Thu, 14 Mar 2019 21:40:50 +0000
If he is that sure, why is the Duterte administration hiding the crucial data of the Kaliwa Dam?
The post Activist priest to DOF chief: Prove dam’s feasibility appeared first on Inquirer News.
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Credit to Author: ggaviola| Date: Tue, 05 Mar 2019 09:52:18 +0000
MANILA, Philippines – The National Economic and Development Authority (Neda) and the Department of Finance (DOF) should be more transparent with loan deals that the government enters into under the “Build, Build, Build” (BBB) program, Senator Sherwin Gatchalian said Tuesday.
The post Neda, DOF told to be more transparent on ‘Build, Build, Build’ loans appeared first on Inquirer News.
Read moreCredit to Author: Alexander Magno| Date: Mon, 25 Feb 2019 11:02:20 +0000
Further jacking up the excise tax on cigarettes to P60 a pack, as proposed under a pending bill sponsored by Sen. Manny Pacquiao, will help 3.2 million Filipinos quit smoking, cutting cigarette consumption nationwide by 17 percent, the Department of Finance (DOF) said.
The post Higher cigarette tax will help 3.2M Filipinos quit smoking – DOF appeared first on Inquirer News.
Read moreCredit to Author: cbibe| Date: Wed, 06 Feb 2019 03:28:49 +0000
Raising the excise tax on alcoholic products could generate P32.3 billion in 2019 and help fund the proposed universal health care program.
The post Alcohol tax hike to earn P32B, fund universal health care – DOF appeared first on Inquirer News.
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