Oil price breach opens door to excise tax relief
The DoE has triggered the process for possible petroleum excise tax relief after Dubai crude averaged $99.41 per barrel, above the $80 legal threshold.
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28,531 results for “Fuel Price Relief PH”
The DoE has triggered the process for possible petroleum excise tax relief after Dubai crude averaged $99.41 per barrel, above the $80 legal threshold.
The Bureau of Internal Revenue said excise tax rates on kerosene and LPG automatically reverted to those prescribed under the National Internal Revenue Code,…
The Philippines has restored excise taxes on kerosene and LPG after global Dubai crude prices fell below the $80-per-barrel trigger, ending the temporary tax…
Manufacturers are finally getting relief as crude and coconut oil prices cool, easing cost pressures and boosting profits for firms like D&L Industries and…
Northern Mindanao rolled out government programs including the DTI Diskwento Caravan and DA food distribution to help ease rising commodity prices and support…
Fuel price rollbacks in Kawit, Cavite offer little relief to jeepney drivers still reeling from past spikes. Drivers say minimal cuts of P5 to P10 per liter…
Ilocos Norte jeepney drivers feel only slight relief from easing fuel prices as months of losses, unchanged fares and limited government aid keep them on the…
Borrowers hit by soaring fuel prices may soon get relief as the SEC urges financing and lending firms to roll out calibrated, sustainable measures, including…
Senator Loren Legarda renews her call to suspend excise and value-added taxes on diesel and gasoline, warning that the government’s response to rising fuel…
Sen. Bong Go proposes a fuel crisis relief bill with subsidies, loan grace periods, and price controls, as rising oil prices renew comparisons to past…
Fuel prices in the Philippines may not drop immediately despite a US-Israel-Iran ceasefire, as experts warn of gradual adjustments and lingering global oil…
DOF seeks to activate UPLIFT law to cut fuel excise taxes amid energy crisis, aiming to ease rising costs and protect Filipino consumers from global oil shocks.
The Department of Energy says suspending fuel excise taxes in the Philippines will not bring immediate relief at the pump, as current fuel stocks are already…
Sen. Sherwin Gatchalian urges fuel tax relief and warns of possible fuel rationing as the Philippines faces rising global oil prices and supply risks. Learn…
Lawmakers push for relief measures for off-grid power users as fuel prices surge, impacting over half a million households. Discover how proposed interventions…
Senator Mark Villar voices concern over rising global oil prices, urging government action to alleviate the impact on Filipino households and key sectors like…
Under the Pantawid Pasada Program, beneficiaries receive subsidies only when the average price of Dubai crude oil for the month reaches $80 per barrel.
Fuel companies confirmed a price reduction of P0.85 per liter for gasoline, P0.75 per liter for diesel, and P0.90 per liter for kerosene.