Oil excise tax halt, VAT removal have little impact on fuel crisis—CenPEG
As lawmakers in the House of Representatives and the Senate move to pass a bill suspending the excise tax and value-added tax (VAT) on petroleum products, a…
· 3 min read
Daily TribuneTopic
As lawmakers in the House of Representatives and the Senate move to pass a bill suspending the excise tax and value-added tax (VAT) on petroleum products, a…
· 3 min read
Violators will be issued an Ordinance Violation Receipt and face progressive fines.
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Exporters are urging the government to reduce the value-added tax on fuel and electricity as rising global oil prices linked to tensions in the Middle East…
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Government officials seeking effective ways to blunt the backlash of the Middle East war on domestic prices said the declaration of a state of national…
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Senator Loren Legarda has unveiled a three-pronged legislative push to lighten the load on Filipino households by overhauling the country’s value-added tax…
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The ongoing tension in the Middle East is fueling fear and volatility in the local fuel market. The Philippines, which imports nearly all of its diesel and…
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Energy officials warned that continued spikes could push inflation beyond the government’s target.
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Motorists lined up at several gas stations in Metro Manila cities, including in Quezon City where drivers rushed to fill their tanks ahead of an expected…
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Economic managers must not delay the measures to provide aid to Filipino households and public transport drivers and operators who will be reeling from the…
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Under the Pantawid Pasada Program, beneficiaries receive subsidies only when the average price of Dubai crude oil for the month reaches $80 per barrel.
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Senators on Thursday proposed several proactive measures to help the public cope with the anticipated economic impact of the escalating conflict in the Middle…
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United Airlines has updated its policies to require passengers to wear headphones when using personal electronic devices that produce sound during flights.
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Imposing a Value-Added Tax (VAT) on system loss charges in electricity bills penalizes consumers for electricity they did not use, raising serious legal and…
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House Assistant Minority Leader and Gabriela Women’s Party Rep. Sarah Elago called for the urgent removal of the 12 percent value-added tax (VAT) on basic…
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A combination of geopolitical tensions, supply expectations, inventory movements and market sentiment shaped global oil prices.
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Gasoline prices could soften next week after several straight weeks of increases, while diesel and kerosene are expected to continue climbing, industry…
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The Federation of Philippine Industries (FPI) urged policymakers to take a cautious approach to tax reforms aligned with proposals from the Organisation for…
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CITY OF SAN FERNANDO, Pampanga — Starting March, residents will no longer pay the 12 percent Value-Added Tax (VAT) on their water bills, with full refunds for…
· 1 min read